Sep
14

Southeastern US Self Storage Transactions

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self storageHoopers Creek Storage, a 20,550-square-foot self-storage facility in Fletcher, N.C., sold for $1.2 million to a private investor. The property at 615 Mills Gap Road is on nearly 4 acres of land. Opened in 2005, it includes three buildings containing153 storage units as well as vehicle parking. Dale C. Eisenman, president of Hilton Head Island, S.C.-based Midcoast Properties Inc., represented the buyer.

Kings Bay Mini Storage in Saint Marys, Ga., sold for $1.2 million to a private investor. The property at 135 Industrial Drive encompasses 49,800 square feet of storage space in 472 units. Constructed in 1985 and expanded through 2000, the facility sits on 3.64 acres. Stacey Gorman, vice president of investment in the Marcus & Millichap Atlanta office; Luke Elliott, an associate in the company’s Tampa office; and Mele represented the buyer and the seller, a financial institution.

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    Categories : Hilton Head Island

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