Argus Affiliates Broker Three Self-Storage Facility Sales

Affiliates of the Argus Self Storage Sales Network, which as 36 broker affiliates in nearly 40 markets, brokered three self-storage sales in January. 

Joan Lucas, of Joan Lucas Real Estate Services LLC, represented the seller of High Country Storage in Cortez, Colo., which sold for $925,000 at a 9 percent cap rate. The seller carried back the financing, which helped facilitate the deal. Ryan Layton, of American Real Estate Associates, represented the buyer in this transaction. 

W. Frost Weaver, of Weaver Realty Group Inc., represented the seller of Argyle Forest Mini Storage in Jacksonville, Fla.  The 70,600-square-foot facility sold for $2.7 million at a 9.1 percent cap rate. 

Paul Grisanti and Mike Helline, of Grisanti Group Commercial Real Estate, represented the buyer of Fern Valley Self Storage in Louisville, Ky.

Argyle Forest Mini Storage in Jacksonville, Fla.

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