Bill Alter of Rein & Grossoehme Commercial Real Estate negotiated the sale of two Tucson, Ariz., self-storage properties for $1.1 million. Stor-All Discount Storage is a 317-unit, 28,000-square-foot facility at 2850 N. Tuttle Ave. 7A Budget Mini Storage is a 119-unit, 9,700-square-foot facility directly across the street at 2825 N. Tuttle Ave. These unrelated properties were purchased by S.C.I. LLC of Rancho Cucamonga, Calif., which will combine and operate them together as one larger facility. The sellers were two unrelated entities.
The sales represent Alter’s 104th and 105th successful self-storage closing in 25 years. Rein & Grossoehme specializes in the sale of investment properties and commercial leasing.