 |
| Storage King Self-Storage, 2235 Colonial Boulevard, Fort Myers, FL |
FORT MYERS, FL, Oct. 8, 2013 – Marcus & Millichap Real
Estate Investment Services, the nation’s largest real estate investment
services firm, has announced the sale of Storage King Self-Storage, a
100,504-square foot self-storage facility located in Fort Myers, Florida,
according to Richard D. Matricaria, regional manager of the firm’s Tampa
office. The asset sold for $3,876,221.
 |
| Michael A. Mele |
Michael A. Mele, a first vice president investments
in Marcus & Millichap’s Tampa office, had the exclusive listing to market
the property on behalf of the Florida seller, a limited liability company. Mele also procured and represented the buyer
of the property, a limited liability company based in Maryland.
Storage King Self-Storage is located at 2235 Colonial
Boulevard in Fort Myers, Florida, and is a 75,115 net rentable square foot
self-storage facility situated on approximately 3.99 acres of land. The original building was built as a retail
furniture store and warehouse.
The property was built in 1969 and converted into a storage
facility in 2002. This investment has
630 self-storage units, of which 536 (85 percent) are climate-controlled or
record storage units. These units range from 25 to 250 square feet.
Property amenities include: record storage management,
computerized gate entrance, perimeter fencing, digital surveillance cameras,
roll-up doors, drive-up units, manager’s office and an on-site manager’s apartment.
“The sale of Storage King Self-Storage is another prime
example of a distressed asset in the market,” said Mele in a statement.
“For over five years, this investment has
been on our radar and through the extensive and impeccable Marcus & Millichap
platform, we were able to find the right buyer to close this deal.”
For a complete copy of the company’s news release, please
contact:
Richard D. Matricaria
Regional Manager
Tampa, FL
(813) 387-4700
No comments:
Post a Comment