Stuart Wade of The Nicholson Companies & the Argus Self Storage Sales Network is pleased to report the closing of a 52,895 NRSF self storage facility in Panama City, FL. This asset was opened in August of 2007 & was managed since that time by AAAA Self Storage Management Group. It was just over 90% physically occupied & produced just over $510,000 in revenue in 2014. The seller, a FL Panhandle based investment group & buyer, a Washington DC based investment group were both represented by Stuart. The asset will continue to trade as AAAA Self Storage. For further information on this transaction or to discuss your self storage investment objectives, feel free to phone Stuart at (757)618-3597 Hope to see many of you at the Self Storage Association’s meeting in March. www.thenicholsoncompanies.com www.argus-selfstorage.com ]]>
More Content
Popular Posts
The self storage industry is in a precarious...
The REITs new pricing strategy – lowering...
With the approval of both companies’...
There are an estimated 700,000 hotels in the...
In a booming economy, expendable income...
Boat and RV storage has morphed and...
National Storage Affiliates Trust (NSA), the...
It’s said that necessity is the mother of...
Self-storage is not an industry that is...
The question of “abandonment” of stored...
It’s odd that I ever get the “last word,”...
As children, most of us played “follow the...
Over the last five years, as the use of...
Mother Nature can be a cruel mistress....
XYZ Storage wants to make life for its...
Recent Posts
Earlier this year, there were a lot of...
In an age where digitization permeates...
The storage industry went through a huge...
The self-storage industry is transforming...
Combating Break-Ins
In our industry, few...
In an era where urbanization and changing...
When Carol Mixon, president of SkilCheck,...