Ares has acquired Rockville Self Storage, a Class A self-storage property in Rockville, Maryland, in a deal arranged by JLL Capital Markets, according to a news release issued Aug. 3, 2026.
JLL said it represented the developer and seller, Washington Property Company, and secured the buyer, an Ares Real Estate fund. The property will be operated by SecureSpace Self Storage, described in the release as Ares Real Estate’s vertically integrated self-storage platform in the U.S.
The facility consists of two adjacent assets at 4 and 44 Research Place. Built in 2016 and 2020, the properties together total 127,000 rentable square feet across 1,454 units. JLL said the multi-story facility was 93%-leased at the time of the announcement.
Features at the property include gated-access, 24-video surveillance and climate-controlled interior and drive-up units.
The site spans 5.43 acres and has visibility along Interstate 270, where daily traffic is approximately 261,000 vehicles, according to the release. The property is about 13 miles north of Washington, D.C., and serves a trade area with an average household income of $177,000 and a population of more than 285,000 within five miles.
"JLL Capital Markets announced today that it has arranged the sale of Rockville Self Storage, a Class A self-storage facility in Rockville, Maryland."
The release also said JLL Capital Markets’ National Self Storage team handled the assignment on behalf of Washington Property Company and procured the buyer.
Ares Management Corporation said in the release that, as of March 31, 2026, its global platform had over $644 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East.