Telegraph Storage in Brownstown Township, Mich., was sold for $4 million. The 6.5-acre property at 21516 Telegraph Road comprises 38,800 net rentable square feet of storage space. It was converted from an industrial site to storage two years ago. The seller, Telegraph Storage LLC, was represented in the transaction by Mark Floria, a real estate advisor for Pogoda Cos.
About Pogoda Cos.
Based in Farmington Hills, Mich., Pogoda Cos. is a self storage operator with approximately 2 million square feet of self storage space in Michigan and Ohio. The firm also provides brokerage, consulting, investment and management services to the self storage industry through Pogoda Group Inc. and Pogoda Management Co.