Midland Storage LLC, a Missouri-based self-storage company, has purchased A Storage Inn in St. Louis from Mason Miniwarehouses L.P., a limited partnership led by Richard K. Mersman III. The property at 11210 Midland Blvd. sits on nearly 3.5 acres of land and includes 395 self-storage units. Near Lindbergh Boulevard, it features a gated entrance and perimeter fencing.
The facility sold within one month of its listing, according to a press release from Hilliker Corp., the commercial real estate company that represented the seller in the transaction. The broker was Jon Wilsonholme. The buyer was presented by Jon England, a principal in the Kansas City, Mo., office of Lee & Associates, a commercial real estate firm with offices nationwide.
Based in St. Louis, Hilliker has completed more than 10,000 sales and leases for industrial, office, retail and institutional clients since its inception in 1985.