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’...
Recent Posts
Ramey Jackson is the CEO of Janus...
Imagine preparing to move and needing to...
In the densely populated cores of...
Owning or managing a self-storage facility...
Helen Keller is quoted as saying, “Alone we...
With a retro flare and lighting reminiscent...
It’s often been said that “opportunity is...
There’s a saying in Florida that there are...
The landscape of the self-storage industry...