Jeff Gorden sets a new sale price record with the sale of Eagle Canyon Storage in Phoenix, Arizona. The self-storage facility, formerly known as Camelback Self Storage, sold December 18, 2017 for $17,500,000 which becomes the new high watermark for a single self-storage property in Arizona. The property spans just over four-and-a-half acres and provides… Read more »
Industry News
ARGUS BROKER AFFILIATE ANNOUNCES ARIZONA SALE
Posted by argus & filed under Uncategorized.
Phoenix, AZ –Eagle Commercial Realty Services, AMO is pleased to announce the sale of Bisbee Storage in Bisbee, Arizona. The self-storage facility sold October 18, 2017 for $248,000. The property spans just over an acre and provides 90 units of self and RV & boat storage. Eagle Commercial led an international marketing campaign sourcing numerous… Read more »
ARGUS BROKER AFFILIATES SELL FLORIDA SELF STORAGE DEVELOPMENT SITE
Posted by argus & filed under Uncategorized.
Jacksonville, FL – Frost Weaver and Josh Koerner, of Weaver Realty Group, are pleased to announce the sale of a new self-storage development site inside the highly anticipated Ravaudage Complex in Winter Park, FL. The 1.48-acre site sold on October 17, 2017 for $3,550,000. The Ravaudage Complex (Developed by the Sydgan Corporation) is Winter Park’s largest… Read more »
Argus Broker Affiliate Sells Arizona Storage Facilities
Posted by argus & filed under Sales, Uncategorized.
Eagle Commercial Realty Services, AMO is pleased to announce the sale of a Mariposa Self Storage in Nogales, Arizona. The self storage facility sold on June 20, 2017 for $3,300,000. The property provides over 500 units of drive up self storage for personal and small business storage needs as well as 400 rentable mailbox units…. Read more »
Broker Affiliate sells North Carolina facility
Posted by argus & filed under Uncategorized.
Stuart Wade of The Nicholson Companies and the Argus Self Storage Sales Network are pleased to announce the closing of Freedom Storage in Powell’s Point, NC. This facility was opened in 2002 and offered just over 175 units. It traded at a 10.3 cap rate on calendar year 2015’s NOI or just under $23 per rentable square foot. … Read more »
Argus Broker Affiliate Sells St. Louis Self Storage Facility
Posted by argus & filed under Uncategorized.
Absolute Storage Management (ASM) entered the St Louis market with the recent purchase of Mr. B’s Storage of Imperial, Missouri. The property was built on six acres in 2002 and contains 50,600 square feet and 325 units. “We are excited to be entering the state of Missouri” said Absolute Storage Management president Michael Haugh, CCIM…. Read more »
The Value of a Self Storage Broker
Posted by argus & filed under Uncategorized.
The value of a professional self storage broker can’t be overstated. Having someone working for you who fully understands the nuances of the self storage asset class is essential in helping everyone achieve their goals and assure a smooth transaction. Brokers who are unfamiliar with the self storage property type, specific due diligence processes, and… Read more »
Broker Affiliates Sell Florida Self Storage Facility
Bill Barnhill, CCIM and Shannon Barnhill Barnes, CCIM, of Omega Properties, Inc., represented the seller of Callaway Mini Storage in Panama City, FL. The property sold on March 25, 2016 to an out of state investor for $850,000. The facility consists of 23,260 RSF with a total of 207 non-climate storage units. Bill and Shannon… Read more »
Broker Affiliate Joan Lucas Sells Colorado Facility
Joan Lucas, of Joan Lucas Real Estate Services, represented the seller of Mary’s Magazine Storage located in Cañon City, CO which sold in March 2016 for $2,200,000. The property is comprised of two locations at 1035 Field St. and 1935 High St. and offers 66,850 RSF of self storage and RV/Boat Storage. The buyer was… Read more »
Argus Welcomes New Broker Affiliate Thomas Wolter
Thomas Wolter has been practicing Real Estate for 29 years and is the managing Commercial Broker for RE/MAX Integrity in Issaquah, Washington, an Eastside suburb of Seattle. Thomas is a member of the Washington Self Storage Association, National Association of Realtors., Commercial Brokers Association, and the Self Storage Academy. Thomas has extensive experience in self… Read more »
Argus Welcomes New Broker Affiliate David Aldridge
The Argus Self Storage Sales Network is proud to introduce our new Broker Affiliate covering the Oregon market. David Aldridge, of Aldridge & Associates is based in the Portland metro area. He has had an extensive career in commercial real estate and focuses on self-storage and business brokerage. David looks forward to assisting self-storage owners… Read more »
Broker Affiliate Linda Cinelli, CCIM sells NJ site
Argus Broker Affiliate Linda Cinelli, CCIM, of LC Realty, sold a 4.7 acre Development Site in Howell, NJ on March 31, 2016. The sellers had originally obtained the entitlements to develop 118,000 SF of self-storage on the site, but decided to move in a different direction and list the land for sale. The project offered… Read more »
