Colorado's A Storage Place Changes Hands

Comments
Print

A Storage Place LLC of Evergreen, Colo., purchased a 100 percent share an industrial building in Evergreen from AOS Development and DS-Colorado LLC for $2.6 million, or about $38 per square foot. The buyer previously had a 20 percent share in the structure.

With the purchase of Evergreen DeSoto's 40 percent stake, as well as AOS Development's 40 percent share, the buyer now has 100 percent ownership.

The property is a one-story, 69,750-square-foot, class-B industrial building with four units constructed in 2002. It is in the West Denver Industrial market. Neither the buyer nor the seller had broker representation.

Related Articles:

A Storage Place-Hemet Honored by Military Customer

Self-Storage Real Estate Challenges: Pricing, Debt and the Market

Selling Self-Storage in a Soft Real Estate Market

Self-Storage Talk: Are Things Picking Up for You?

Comments
comments powered by Disqus