Investment Real Estate LLC facilitated the sale of a three-property 2nd Attic Self Storage portfolio in Pottstown, Pa. The portfolio includes a rental office at the main site and two satellite locations totaling 63,862 square feet and 396 units. The occupancy rates were above 90 percent at the time of sale. The $4.35 transaction was made at an 8 cap rate and included an assumable loan. John Barry brokered the deal between the seller and first-time self-storage buyer.
IRE specializes in self-storage brokerage, construction, management and consulting services in the northeast and mid-Atlantic states.