Class A multi story trades in northern Florida

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    Panama CityStuart Wade of The Nicholson Companies & the Argus Self Storage Sales Network is pleased to report the closing of a 52,895 NRSF self storage facility in Panama City, FL.  This asset was opened in August of 2007 & was managed since that time by AAAA Self Storage Management Group.  It was just over 90% physically occupied & produced just over $510,000 in revenue in 2014. The seller, a FL Panhandle based investment group & buyer, a Washington DC based investment group were both represented by Stuart.  The asset will continue to trade as AAAA Self Storage.  For further information on this transaction or to discuss your self storage investment objectives, feel free to phone Stuart at (757)618-3597 Hope to see many of you at the Self Storage Association’s meeting in March. www.thenicholsoncompanies.com www.argus-selfstorage.com  ]]>

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