BOULDER - A Lone Tree-based company has purchased five Boulder properties with nearly 250,000 square feet of self-storage space for $26 million.

SecureCare Self Storage purchased the facilities at 4545 and 4667 Broadway, 5815 and 6338 Arapahoe Road, and 6405 Odell Place from Pennsylvania-based U-Store-It (NYSE: YSI), according to Boulder County public records.

SecureCare bought the properties through the HVP Storage II LLC name, funded by investors through Chicago-based investment company Heitman Capital Management LLC.

The new Boulder properties are familiar to SecureCare - it previously owned them before selling them to U-Store-It for $31.6 million in May 2006, according to public records.

"We're happy to have them back in our portfolio," a spokesman for the company said.

SecureCare has more than 100 self-storage facilities in Colorado and nine other states.