Class C Self-Storage Buildings Selling

March 27th, 2009

Transactions are still happening in the self-storage industry, despite the credit crunch and the possibility of a prolonged recession. Wolf River Partners, a Wisconsin-based management company, acquired a self-storage property at 3815 Clark Ave. in Cleveland from CRZ3 LLC for $1.075 million or $30.71 per square foot. This was a Class C self-storage building that was originally built in 1926. It’s located in the industrial area of the city.

Entry Filed under: Industry Happenings