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 ]]>
Class A multi story trades in northern Florida
More Content
Popular Posts
The self storage industry is in a precarious...
Joe Shoen, CEO of U-Haul, has had enough.
There are an estimated 700,000 hotels in the...
In a booming economy, expendable income...
National Storage Affiliates Trust (NSA), the...
The question of “abandonment” of stored...
Boat and RV storage has morphed and...
Self-storage is not an industry that is...
It’s said that necessity is the mother of...
Mother Nature can be a cruel mistress....
Recent Posts
This should get your self-storage senses...
Known as “The Garden City” for its...
Since the first Martin Self Storage opened...
In the heart of southern Maine lies the...
Self-storage remains in the crosshairs of...
There are a few simple “secrets” to being a...
There are plenty of long-term investment...
Self-storage demand can feel like an...
