More Self-Storage Transactions

More self-storage transactions are closing… According to CoStar, Granite Investment Group sold the 91,594-square-foot industrial self-storage building at 5951 East Firestone Boulevard in South Gate to Nova Development for $8.57 million, or approximately $94 per square foot. The 1988 property was converted from a warehouse building to self-storage site in 2004. It offers 800 internal units and 82 RV/boat parking spaces outside. The facility is 85 percent occupied.

Add comment April 5th, 2009