All Around Storage in Derry, N.H., sold Oct. 7 for $1.7 million to Store It Now LLC. The climate-controlled facility has a large office that accommodates other businesses including a UPS store.
Its located in one of the fastest growing towns in southern New Hampshire. Derry has high barriers to entry for new self-storage projects and solid growth prospects. This transaction represents the first self-storage facility sold in the last 18 months in the eastern Massachusetts and southern New Hampshire markets.
Joe Mendola of NAI Norwood Group represented the buyer. NAI Norwood Group is an affiliate of NAI Global, an international commercial real estate network with more than 325 offices spanning the globe. Mendola is also a member of the Argus Self Storage Sales Network, a Denver-based network of 36 real estate broker affiliates experienced in self-storage and income property investments.