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 cell tower on just over 5 acres. The property is located in an area of constrained supply for self-storage within proximity to multiple residential communities and local businesses.
Jeff Gorden, Vice President of Eagle Commercial Realty Services, AMO® in Phoenix represented the seller of the transaction, a private party. The purchaser was an affiliate of Irving, California – based Guardian Storage Centers, LLC. “This sale represents the very best of our relationships in the industry and service first mindset,” said Jeff Gorden. “The Seller had been called on by many competitors recently but our collaboration with him over the years in operational and market enhancements made us a clear choice for the sale assignments.”
From the Seller, “I was very pleased with your performance overall. I especially appreciated Jeff’s candor and trustworthiness. …… He’s a solid guy. I’d do business with him again anytime.”
Eagle Commercial arranged an off-market trade at the request of the parties. Buyer and Seller were both pleased with the results and are looking forward to new projects.
Jeff specializes in self storage and RV storage properties and is the Argus Self Storage Sales Network broker affiliate for the state of Arizona. He can be reached at 480-331-8880.