SkyView Advisors (SVA), the Tampa, FL based self storage real estate firm, is pleased to announce the sale of Fields Store-All in North Ridgeville, OH by Valley Storage. The facility sold for $4,800,000 or $39.27 per square foot. Ryan Clark, Senior Vice President at SkyView Advisors represented the seller, Fields Store-All LTD.
Ryan Clark, the deal lead for this transaction stated, “Fields Store-All presented a unique expansion opportunity within an under supplied market. SkyView Advisors ensured our sellers received full value for the potential of their property. The buyer acquired a strategic asset that will enable it to continue growing its regional foot print.”
Fields Store-All is situated on 7.94 acres of land and has 122,239 net rentable square feet. Built between 1979 and 1997, this facility consists of 261 non-climate controlled units. The units range in size from 45 to 1,200 square feet. Located in the Cleveland MSA the facility has approximately 30,937 residents within the three mile radius and 100,070 residents in the five mile radius.
For more information on this transaction or on SkyView Advisors, please contact Morghan Cope to schedule an interview with the deal lead, Ryan Clark or SkyView President, Jay Crotty.
About SkyView Advisors
SkyView represents self storage owners in the sale of their property or portfolio and provides debt & equity solutions. SkyView brings a unique perspective to the self storage industry, and has established itself as an innovative leader in the industry, consistently raising the bar. The SkyView team has extensive self storage expertise and deep industry relationships coupled with an impressive track record, having completed more than $1.4 Billion of transactions throughout their careers. SkyView is unique in the industry with its exclusive focus on self storage, team based approach to servicing clients with no internal competition, exclusive focus on sell-side representation, and standardized 252-point proprietary process. For more information about SkyView Advisors, please visit SkyViewAdvisors.com.