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Self-Storage Real Estate Acquisitions and Sales: January 2023

Here’s an overview of self-storage real estate activity happening in January 2023. ....

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Argus Broker Affiliate Announces Sale of Wisconsin Self Storage Facility

Argus Broker Affiliate Announces Sale of Wisconsin Self Storage Facility
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Bruce Bahrmasel Sells Green Bay Self Storage Facility

Bruce Bahrmasel Sells Green Bay Self Storage Facility
Green Bay, WI, July 29, 2021 (PR.com) Bruce Bahrmasel, along with Jesse Luke and Scott Rihm of EquiCap Commercial, is pleased to announce the successful closing of Team Storage at 114 N. Military Ave., Green Bay, Wisconsin. The facility consists of 116,038 NRSF and 472 units and closed in July 2021 for an undisclosed price.
Jesse Luke, Managing Partner of Equicap Commercial, shared the following about the sale, “We competed with multiple brokerage groups for this listing before the seller asked us to partner as listing agents with another firm. Our combined marketing efforts yielded nine offers within the first five days of launching the listing. This activity allowed our seller to see the market and pick a buyer that he felt offered the best price, terms and surety of close. ....

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