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The Loeffler Self-Storage Group, Inc. Sells Shasta Economy Storage

Posted: 10/3/2017
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The Loeffler Self-Storage Group, Inc. (LS-SG.com) recently sold Shasta Economy Storage located in Redding, California for $1,700,000. Bobby Loeffler & Tyler Skelly listed the 298-unit property for Marian Beith. The buyer was Tops Industries Incorporated of Redding, California – also represented by Loeffler & Skelly. Shasta Economy Self Storage is a 30,934 net rentable square-foot facility on 3.21 acres located along Caterpillar Road. An additional expansion area of 3.79 acres was also included in the sale. The property is comprised of five single-story buildings with asphalt drive isles and a manager’s office. The buyer plans to hold the property for investment while stabilizing rents over time.

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