Bill Alter and Denise Nunez of Rein & Grossoehme Commercial Real Estate completed their 130th self storage sale on May 12, 2014 by representing the buyer in the sale of Broadway Self Storage in Tucson, Arizona. The property was originally built in 1985 as a health club and converted to a three-story self storage in 2007. It consisted of 482 climate controlled units in 30,000 square feet. The location of the property is 6444 E. Broadway, in Tucson, Arizona. The property sold to a limited liability company controlled by Business Property Trust of Portland, Oregon. The seller was Broadway Wilmot Self Storage, LLC, an entity controlled by a Tucson investor. The sales price was $1,155,000. The building was approximately 60% occupied at closing.
Bill Alter and Denise Nunez handled the transaction on behalf of the buyer. The seller was represented by Jeff Gorden of Eagle Commercial. The Alter Nunez Team specializes in storage facility sales and this represents their 130th successful closing.
About Rein & Grossoehme
Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing. For more information, please visit: https://www.rgcre.com]]>