A Moove In Self Storage in PA Sold to Investor
Copyright 2014 by Virgo Publishing.
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Posted on: 12/13/2010



 

A Moove In Self Storage facility in Warriors Mark, Pa., was sold for an undisclosed amount to a private self-storage investor active in central Pennsylvania.

The sale consists of 6,400 square feet of self-storage buildings and an apartment/office building with 2,160 square feet, known as Pennington Plaza. The 67 units were 90 percent occupied at the time of sale.

Constructed around 1995, the property was originally built as a restaurant and converted to an office building in 2001. Two office suites were converted to apartments in mid-2009 and promptly rented. The property is located on Route 550, one of the major north-south arterials connecting State College and Altoona.

John H. Gilliland of Investment Real Estate represented the seller and buyer in the transaction. Investment Real Estate provides self-storage brokerage, construction, management and consulting services in the Northeastern and Mid-Atlantic states.