When most self storage owners wake up in the morning, they don’t usually think about the Federal Reserve Open Market Committee (FOMC). Most owners are busy managing occupancy, controlling costs, and overseeing the operations of their self storage business. On a daily basis, these tasks are far more important than decisions made by Federal Reserve […]
Jeff Gorden and Kyle Topper of Eagle Commercial Realty Services have arranged the sale of Havasu Boat Storage in Lake Havasu City, Arizona. The boat storage facility sold May 14th, 2018 for $5,700,000. The property spans just over seven and a half acres and provides 316 units of boat storage. Eagle Commercial represented the Seller […]
Jeff Gorden and Kyle Topper of Eagle Commercial Realty Services have arranged the sale of Tombstone RV & Mini Storage in Tombstone, Arizona. The self-storage facility sold April 30, 2018 for $585,000. The property spans just over one acre and provides 338 units of drive up self storage. Eagle Commercial represented the Minnesota based Buyer. […]
As investors are enjoying the fluid nature of today’s transaction market, it has become evident that buyers and sellers may need to focus on more than just purchase price. We are in an incredible period for the self-storage industry where the unconventional and unexpected have become a part of everyday business. The influx and sheer […]
Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of Rita Ranch Storage, Car & Dog Wash in Tucson, Arizona. The self-storage and car wash facility sold March 30, 2018 for $4,200,000. The property spans just over five-and-a-half acres and provides 396 units of self-storage. Eagle Commercial represented the Arizona-based Buyer. Jeff Gorden […]
The value of professional advice during a self-storage transaction cannot simply be measured by wins and losses. Oftentimes, the most valuable advice does not even lead to a transaction. Over the years I have written articles and analyzed just about every aspect of the self-storage business. However, we rarely explain what a good real estate […]
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 […]