California firm pays $55.6M for group of Boulder self-storage facilities

BOULDER — The self-storage market — itself a sizzling niche of the Front Range’s real estate boom — saw another major sale this week, with Roseville, Calif.-based LifeStorage scooping up five facilities in Boulder for a total of $55.6 million.

Officials for LifeStorage couldn’t be reached Friday.

The company bought the storage units from an affiliate of Heitman Capital Management in Chicago. All had been operating under the SecurCare Self Storage brands, though LifeStorage has registered trade names with the Colorado Secretary of State’s office that indicate the branding will be changed to LifeStorage.

The five properties include the storage facility at 6405…