Oct 20, 2023 | Business
Alex Ihrke, Tom Flannigan, Matt Haugen and Nathan Gottlieb are pleased to announce the sale of StoreYour Self Storage in Delano, MN. The facility is comprised of 26,812 rentable square feet of drive up storage and 11,400 square feet of leased commercial industrial space. The property sits on 3.2 acres right off of Highway 12. StoreYour Self Storage sold to a local owner looking to grow their presence in the Minnesota market. Ihrke and his team listed the property on behalf of the Seller and procured the Buyer.
Alex, Tom, Matt and Nathan are the Minnesota, Iowa and North and South Dakota Broker Affiliates for the Argus Self Storage Advisors and specialize in Self Storage investment properties.
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 in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the Argus network has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self-storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.
Sep 17, 2023 | Business
Rob Schick of Argus Self Storage Advisors, represented the seller in the sale of CubeSmart Self Storage. CubeSmart is a 3rd party managed facility consisting of 315 units and 41,690 rentable square feet in Lafayette, IN. The transaction included expansion land allowing up to an additional 45,000 square foot of storage to be built.
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 in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the Argus network has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self-storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.
May 27, 2023 | Business
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 of storage investors seeking value-add opportunities in secondary markets relative to replacement cost. The Buyer and Seller were both pleased with the execution of all parties involved in light of the current challenging transaction environment.
Jared Jones, CCIM is the Argus broker affiliate representing Oklahoma. He can be reached at 918-948-3941.
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 in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the Argus network has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self-storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.