The Argus Self Storage Sales Network announced the sale of several self-storage projects in the fourth quarter of 2008.
Dale C. Eisenman, of Midcoast Properties Inc., represented the sellers of Colonial Storage Center in Jonesboro, Ga., which sold in December for $875,000. Additionally, Eisenman represented the seller of Storage Depot in Oxford, N.C., for $610,000 Dec. 1. The property consists of 16,400 rentable square feet.
Richard D. Minker and Tyler Trahant, of Richard D. Minker Co., represented the seller of four self-storage properties in the North Texas market. The properties are located Seagoville, Ferris, Terrell and Gun Barrel City, and together comprise over 160,000 rentable square feet. Argus broker affiliate Larry Hayes of Hayes & Associates represented the buyer in three of these transactions.
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