SkyView Advisors (SVA), the Tampa, FL based self storage real estate firm, is pleased to announce the sale of Franklin Park Self Storage, a certificate of occupancy asset, to Compass Self Storage. SkyView Advisors represented the seller.
Ryan Clark stated, “After a year of managing the sales process through construction completion and certificate of occupancy, we are thrilled for both the buyer and seller that we were able to have a successful closing. Our transaction department paid close attention to every detail and ensured everything went smoothly.”
“Our detailed process proves itself yet again with another successful closing. Our meticulous transaction department managed every detail and worked with several vendors to ensure that this deal would close according to the set timeline. We stuck by our seller for over a year in order to ensure that he got the best price and terms for the asset,” said SkyView President, Jay Crotty.
Franklin Park Self Storage was a certificate of occupancy opportunity located in Pittsburgh, PA. The brand new facility was completed in October 2017. The facility is situated on 5.64 acres of land and consists of 7 buildings that have a total of 51,488 net rentable square feet. The property has 182 climate controlled units, and 340 non-climate controlled units.
For more information on this transaction or on SkyView Advisors, please contact Morghan Cope (MCope@SkyViewAdvisors.com) to schedule an interview with 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.