Villa de Paz Mini Storage in Phoenix, Ariz., sold April 10 to an entity created by The William Warren Group of Newport Beach, Calif.
The property, 10622 W. Indian School Road, consists of 682 storage units comprising 43,300 net rentable square feet on 2.9 acres. The seller was an entity created by Daniel Tenn of Scottsdale.
Bill Alter and Denise Nunez of Rein & Grossoehme Commercial Real Estate negotiated the sale. This sale represents their 109 successful closing of a self-storage property in 26 years as specialists in this property type. Rein & Grossoehme specialize in the sale of investment properties and commercial leasing.
The William Warren Group is a privately held, fully integrated, entrepreneurial real estate company that develops, acquires, owns and manages self-storage properties in Arizona, California and Colorado.