Tag: Argus

 Jared Jones, CCIM of Argus Self Storage Advisors and Jones Investment Real Estate, is pleased to announce the sale of the Fortress Self Storage portfolio. Fortress Self Storage is a value-add 198,802 rentable square foot, storage portfolio comprised of four properties located in Lawton, OK. The portfolio sold to a private Buyer. The property has significant upside available through increased focus on revenue management strategies, implementation of tenant protection/programs and future expansion. The Buyer was seeking a value-add opportunity they could improve by upgrading operations and accomplishing scale within the local market. The deal was evident of a common theme ... Read more

 Rob Schick of Argus Self Storage Advisors, represented the seller in the sale of a self-storage development site in Muncie, IN. The site was 2.32 acres with entitlements in place for 22,000 square feet. The transaction included the first completed building of the eventual four building development. Rob Schick is the Argus broker affiliate representing Indiana. He can be reached at 317-403-1205. Based in Denver, Colorado, Argus Self Storage Advisors (Argus) was formed in 1994 to assist owners and investors of self-storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced ... Read more

 Tom Flannigan, Alex Ihrke and Matt Haugen are pleased to announce the sale of Clark Storage located in Council Bluffs, Iowa. The newly built facility, completed in 2021, consists of 338 units and 58,430 rentable square feet of drive up storage. Clark Storage sold to Public Storage, marking the first acquisition in the state of Iowa for the largest self-storage REIT. Flannigan and his team listed the property on behalf of the Seller. Tom, Alex, and Matt are the Argus broker affiliates representing the states of Minnesota, North Dakota and Iowa. They can be reached at 651-269-6307. Based in Denver, ... Read more

 Josh Koerner and Frost Weaver, of Weaver Realty Group, are pleased to announce the sale of a Self-Storage Development Site, located at 366 S. Congress Ave in West Palm Beach, FL. Weaver Realty represented the Seller in this transaction with a closing on November 29, 2021. This 1.309-acre parcel was zoned for two (2), 4-story self-storage buildings totaling 97,032 GRSF. Weaver Realty has been the Argus Self Storage Advisor Affiliate since 1999 covering the state of Florida. During that time, we have specialized in the acquisition, disposition, and evaluation of self-storage properties of all types and sizes. Josh Koerner can ... Read more

 Jared Jones, CCIM, is pleased to announce the sale of Bowman Storage, located in Lawton, OK. Bowman Storage is a stabilized 98,000 rentable square foot storage facility that was sold by the original developer to a local, private Buyer. The property has significant upside available through increased focus on revenue management strategies and capital improvements. The Buyer was seeking a value-add opportunity they could improve by leveraging upgrading operations and utilizing scale within the local market. The deal was evident of a common theme of storage investors seeking value in secondary and tertiary markets. Jared Jones, CCIM is located in ... Read more