Marcus & Millichap, EquiCap Commercial close sale of self-storage portfolio in Tennessee and Georgia
Updated: Sep 9, 2020
"Jesse Luke of EquiCap Commercial and Anne Williams-Blackwell with the Williams Storage Group of Marcus & Millichap closed the All Seasons Storage Portfolio. Part of the portfolio is located in Chattanooga, Tennessee. The sale consists of All Seasons Climate Controlled Storage in Chattanooga and All Seasons Climate Controlled Storage in Dalton, Georgia.
All Seasons in Dalton features 208 climate-controlled units in 32,750 net rentable square feet. All Seasons in Chattanooga features 323 climate-controlled units in 48,400 net rentable square feet. The buyer is a local owner-operator that was in a 1031 exchange. These assets will be a part of her self-managed portfolio." (REjournals.com)