Anne Williams-Blackwell of The Williams Storage Group of Marcus & Millichap is pleased to announce the recent closing of Mooresville Self Storage located at 1220 River Highway in Mooresville, North Carolina. The property consists of 275 climate and non-climate controlled units within 42,600 rentable square feet.
According to Williams-Blackwell, “This was a beautiful, highly occupied, stabilized deal in a high-growth market. In times when we experience market uncertainty, like today, investors tend to fight for quality assets like this. This was certainly exemplified by the vast number of offers we received from local, regional and national investors.”
Anne Williams-Blackwell and Ben Yelm, Broker of Record for North Carolina, represented the Seller in the transaction and procured the Buyer, a local private equity group. (Read more...)