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| Jennifer D. Stein |
TAMPA, FL - Brown Gibbons Lang Real Estate Partners (BGLRP)
completed the sale of a self storage facility, totaling 41,125 square feet in
Savannah, Georgia. SecurCare acquired 15050 Abercorn Street, Savannah, Georgia
in late June 2014.
The seller, was represented by Jay J. Crotty, Thomas A.
Doyle and Jennifer D. Stein, with BGLRP's national self storage group. The
buyer was secured in-house.
"This transaction represents yet another example of the
ongoing consolidation of our industry, with a local operator selling to a
larger, national operator. We are happy for our client, as he was able to
capitalize on a very favorable market for selling self storage assets,"
states Jay J. Crotty.
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| Jay J. Crotty |
The 41,125 square-foot facility was constructed in 1987,
expanded in 1991, and contains a total of 306 non-climate controlled storage
units with 46 rentable parking spaces for RV and boat storage.
Located in a growing
submarket off a major road in Savannah, this property has additional land for
expansion. Amenities at the property include: perimeter fencing, on-site video
surveillance, and a central management office.
BGLRP's Self Storage Group takes a methodical, systematic
approach to the business of self storage investment sales, ensuring that every
detail gets attended to during the transaction and no stone goes unturned.
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| Thomas A. Doyle |
We work hard to understand the needs, objectives and goals
of our clients and work together to implement a strategy tailored to each
individual client. We collaborate with our clients by executing open and candid
communication.
For a complete copy of the company’s news release, please
contact:
Tom Doyle | Associate
Brown Gibbons Lang | Real Estate Partners
T: 813.712.8767 | E: tdoyle@bglco.com
FL RE Salesperson | LIC # SL3093911
Jay Crotty | Sr Vice President
Brown Gibbons Lang | Real Estate Partners
T: 813.712.8767 | E: jcrotty@bglco.com
FL RE Broker | LIC # 3061418
Jennifer Stein | Senior Advisor
Brown Gibbons Lang | Real Estate Partners
T: 213.446.5366 | E: jstein@bglco.com
GA RE Broker | LIC # 348812
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