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When we were contacted, the owner of this ten acre RV & boat storage facility had already received a number of inquiries and unsolicited offers. A familiar situation to us, the seller asked our team for a valuation opinion for the property and if one of our clients could be an interested buyer. Immediately after reviewing the property […]
Our client purchased this property as an investment in the early 2000’s and had planned to construct a self storage facility via joint venture with a local developer. Necessary entitlement approvals were obtained; however, just as they were preparing for construction, the economy faltered and with it the plans for construction. The client held the […]
This client had recently begun a process of transition into other other investments markets and, in order to continue this transition, they contacted us about selling this asset. We immediately conducted an analysis of his facility and his competitors and found one big challenge in taking this property to market: his current unit mix included a […]
The seller of this storage sought out the expertise of our team to help them sell their property within a limited time frame. Our client had a loan maturity coming due and did not wish to refinance as this facility was no longer one of his core assets. The storage had deferred maintenance, the management […]
Our client was a retiring developer whom we had worked with many times before during his 40-year career developing office, storage, and other types of real estate in Phoenix. The property was an 11 acre boat/RV/vehicle storage that featured 10 paved acres and an 800 square foot office. Due to this asset being a niche […]
Our client in this self storage sale had delegated the day-to-day management of this asset for many years when outside factors caused him to assume the management responsibility. After some review, the owner decided that market conditions indicated a higher return could be made through a sale vs. taking up to a year to complete […]
Our client was a repeat customer who had been involved in deals that our team had bought and sold before. The client was interested in liquidating the asset and redeploying capital into other projects. The facility was located in a tertiary market and was not visible from the main highway running through the town. The […]
Through the CCIM network, our team was contacted by an out-of-state broker whose client was in a 1031 exchange and needed assistance locating a suitable investment property in Arizona. After searching around the Phoenix Metropolitan market, we were able to locate a building that was currently occupied by a local chain and was owned by […]
Self storage is a unique asset type that requires expert knowledge to properly represent in a sale. This particular property was located in a smaller community and was self-managed by the sellers who wanted to retire and do more traveling. Since the sellers desired a clean break from the property, we needed to have solutions […]
Self storage is a unique asset type that can operate successfully in many of different types of markets such as this one which was located in a smaller community and was owner-operated. Our client was looking to retire and so we needed a way for a buyer to step right in and take over the […]
