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SkyView Advisors Announces the Sale of 74,101-Square Foot Self Storage Facility

Posted: 8/16/2017
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SkyView Advisors (SVA), the Tampa, FL based self storage real estate firm, is pleased to announce the sale of Extra Space Storage to NSA Property Holdings, LLC.

Ryan Clark, Director of Investment Sales at SkyView Advisors represented the seller, Willows Road Business Park, LLC. Ryan Clark stated, “This high quality deal attracted attention from many large national buyers. Due our detailed marketing process we were able to generate multiple bids, creating a high level of competition.”

“SkyView’s methodical process ensured that we got our seller the highest price and the best terms that the market would bear. Our transaction department managed every detail ultimately resulting in a fast and successful closing” said SkyView President, Jay Crotty.

Extra Space Storage is a self storage facility located in Lexington Park, Maryland. The facility is situated on 9.788 acres of land with a total of 74,101 net rentable square feet with an additional 920 square feet in parking. Built between 2013 and 2015, the facility has 307 climate-controlled storage units, 484 non-climate controlled storage units, and 6 spaces for RV, boat and vehicle parking. Storage units range in size from 20 to 300 square feet.

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.

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