Chestnut Mill Storage in Souderton, Pa., was sold for $1.3 million to a private investor who owns a moving company. The nearly 1-acre property at 113 E. Chestnut St. was formerly a textile mill that was converted to self storage in 2003. It consists of one building containing more than 180 interior, temperature-controlled units as well as a rental office. The seller was represented in the transaction by Investment Real Estate LLC (IRE).
Since its inception in 1998, IRE has provided brokerage, construction, development and management services to self storage owners and investors.