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Time to Look Around the Corner

Time to Look Around the Corner

Congratulations, America! We’ve gone longer without a recession than at any time since economists began keeping track of such things. The economy has been expanding for 122 months, beating the previous record of 120 months which was set in the 1990s. However, over the last 30 days we have started to see the rock and […]

Self-Storage Valuation 101

Self-Storage Valuation 101

As we close out the first half of 2019, we continue see self-storage asset valuation on the rise. Much to my surprise, self-storage valuations are remaining strong and actually rising in some markets. Valuation of self-storage properties is a professional art, and while mechanical number manipulations are a very important part of the process, there […]

Cochise Self Storage Purchase – Sunsites, Arizona

Cochise Self Storage Purchase – Sunsites, Arizona

Kyle Topper and Jeff Gorden of Eagle Commercial Realty Services have arranged the purchase of Cochise Self Storage in Sunsites, Arizona. The self-storage facility sold July 10, 2019 for $385,000. The property spans over one and one half acres and provides 136 spaces of Self-Storage and 2 Retail Spots. Eagle Commercial represented the Buyer. Kyle […]

Vacant Land Purchase – Glendale, Arizona

Vacant Land Purchase – Glendale, Arizona

Kyle Topper and Jeff Gorden of Eagle Commercial Realty Services have arranged the purchase of vacant land located at Camelback Road and the loop 101 in Glendale, Arizona. This self storage development site sold on April 30th, 2019 for $1,280,000. The planned facility will be three stories and will provide over 700 units of climate […]

Rethinking Asset Valuation

Rethinking Asset Valuation

One of the most common questions I get as a broker is “where are cap rates today?” This seemingly simple question is more subjective than many people realize, due to considerations including project age, size, market size, property condition, construction type, and trade area demographics. These characteristics are used to classify a storage facility as […]

Cashway Mini Warehouses – Sierra Vista, Arizona

Cashway Mini Warehouses – Sierra Vista, Arizona

Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of Cashway Mini Warehouses in Sierra Vista, AZ. The property is a landmark in Arizona and the true gem of Cochise County featuring the iconic “Wheel of Progress.”  The 100% self-storage facility sold March 29, 2019 for $6,850,000. Eagle Commercial represented the Seller. A […]

PremieRVehicle Storage – Marana, Arizona

PremieRVehicle Storage – Marana, Arizona

Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of PremieRVehicle Storage in Marana, Arizona. The self-storage facility sold March 20, 2019 for $6,050,000. The property spans over eight and one half acres and provides 462 spaces of RV and Boat storage. Eagle Commercial represented the Seller.  A California based buyer presented the […]


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