Gorden Group

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Encanto & 83rd Self Storage – Phoenix, Arizona

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. […]

American Mini Storage – Sierra Vista, Arizona

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 […]

2017 – A Year in Review

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 […]

Eagle Canyon Self Storage – Phoenix, Arizona

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 […]

Bisbee Self Storage – Bisbee, Arizona

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 […]

Self Storage Financing

As we near the end of 2017, there are several signs that should capture your attention and point you in appropriate directions so you can capitalize on current market and economic conditions. From a big picture perspective, the first sign that should catch your eye is that cap rates may have reached their low point […]

Van’s Storage – Fountain Hills, Arizona

We’re pleased to announce the sale of Van’s Storage in the community of Fountain Hills, Arizona. The self-storage facility sold for an undisclosed sum on September 22, 2017. The property was initially constructed in 1978 and has more than 315 units of drive up self storage, over 200 RV and boat storage spaces, and a […]

Special Edition of “The Market Monitor” – Construction Edition

Over the last 12-36 months, the self-storage development train has been picking up steam and it is clear that certain markets are starting to feel the effects of new supply. Because this information is so critical to the ongoing success of the self-storage industry, Argus has worked in conjunction with other information sources and industry […]

A-Secured RV & Vehicle Storage – Gilbert, Arizona

We’re pleased to announce the sale of A-Secured RV & Vehicle Storage in Gilbert, Arizona. The self-storage facility sold September 13, 2017 for $5,800,000. The property spans over 11 acres and provides over 500 units of RV, boat, and other vehicle storage. Eagle Commercial led an international marketing campaign sourcing numerous potential buyers and multiple […]