Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of F&R Grand Avenue Mini Storage in Peoria, Arizona. The self-storage facility sold February 20, 2018 for $2,140,000. The property spans just over one acre and provides 338 units of self storage. Eagle Commercial represented the California based Seller. An international self storage investment […]
In today’s dynamic self-storage business environment, many independent owners are forced to compete with larger, better capitalized and more sophisticated self-storage operators. Most owners consider the REITs to be the largest competitors in their markets, but we are now seeing the regional players and third-party management companies grow to a level that leaves the local […]
Argus Self Storage Sales Network Broker Affiliate, Jeff Gorden, CCIM with Eagle Commercial Realty Services in Phoenix, closes 2017 with back to back sales in the third week of December to secure his ranking as the Top Producer of 2017 for the Argus Network. This makes Gorden’s first acknowledgement in receiving this award. His 2017 […]
Many experts agree that the self-storage investment market has reached the high-water mark, but for the first time in my 20+ year real estate career, the industry is seeing both operational headwinds and investment expansion. Over the last three weeks I have attended several self-storage investment meetings. While it is unclear how the self-storage sector […]
Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of Concho Mini Storage in Concho, Arizona. The self-storage facility sold January 5, 2018 for $225,000. The property spans two acres and provides 117 units of self-storage. Eagle Commercial and represented the Seller. An Arizona based buyer presented the winning offer. Jeff Gorden shared […]
Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of Encanto & 83rd Self Storage in Phoenix, Arizona. The self-storage facility sold January 4, 2018 for $3,850,000. The property spans just over two acres and provides 375 units of self-storage. Eagle Commercial and represented the Seller. A company formed by Wentworth Property Co. […]
Eagle Commercial Realty Services is pleased to announce the sale of American Mini Storage in Sierra Vista, Arizona. The self-storage facility sold December 19, 2017 for $5,450,000. The property spans just over six acres and provides 846 units of self-storage and over 100 spaces for vehicle storage. Jeff Gorden, Vice President, and Kyle Topper, Associate […]
Looking back over the last three years, without qualification, the market has simply been the best it has ever been, at any time, in the existence of the self-storage business. Interest rates have remained low, lenders are aggressive, industry information is getting better, values have risen rapidly, NOIs have been growing, and large institutional investors […]
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 […]
We’re 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 over an acre and provides 90 units of self and RV & boat storage. Eagle Commercial led an international marketing campaign sourcing numerous potential buyers and multiple offers. Ultimately, a Minnesota […]