TENNESSEE SELF STORAGE ASSOCIATION

SkyView Advisors - SkyView Advisors Announces Sale of 117,655 SF Self Storage Facility in Tampa FL

June 01, 2017 8:30 AM | Melissa Roberts (Administrator)

FOR IMMEDIATE RELEASE

SKYVIEW ADVISORS ANNOUNCES SALE OF 117,655 SF SELF STORAGE FACILITY IN TAMPA, FL

Florida self-storage facility sells for competitive price

Tampa, FL (5/30/17) - SkyView Advisors (SVA), the Tampa, FL based self storage real estate firm, is pleased to announce the sale of Stor-N-More Self Storage to NSA Property Holdings, LLC. Ryan Clark, Director of Investment Sales at SkyView Advisors represented the seller, Crosstown Stor-N-More, LLC.

Ryan Clark, the deal lead for this transaction stated, “This property is a high quality class A facility in a prime location. The property attracted several national and regional buyers. After the seller interviewed multiple firms, he worked with our team to define his goals. We developed a strategy to achieve those goals, and executed a successful transaction for both the buyer and seller.”

Stor-N-More Self Storage is a class A facility located just minutes from downtown Tampa. The facility is situated on 7.02 acres of land and had 117,655 net rentable square feet. Built in 2008 this facility consists of 1,105 units. Of those 1,105, 880 are climate controlled units, 155 are non-climate controlled units and 70 units are for parking and miscellaneous use. The units range in size from 25 to 400 square feet. The population within a three-mile radius of the facility is 70,128 and the population within five miles of the facility is 164,162.

For more information on this transaction or on SkyView Advisors, please contact Morghan Cope (mcope@skyviewadvisors.com) to schedule an interview with the deal lead, Ryan Clark or SkyView President, Jay Crotty.

ABOUT SKYVIEW ADVISORS

SkyView represents self storage owners in the sale of their property or portfolio and provides debt & equity solutions.  SkyView brings a unique perspective to the self storage industry, and has established itself as an innovative leader in the industry, consistently raising the bar.  The SkyView team has extensive self storage expertise and deep industry relationships coupled with an impressive track record, having completed more than $1.4 Billion of transactions throughout their careers. SkyView is unique in the industry with its exclusive focus on self storage, team based approach to servicing clients with no internal competition, exclusive focus on sell-side representation, and standardized 252-point proprietary process. For more information about SkyView Advisors, please visit www.skyviewadvisors.com.

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Contact Information:

Name: Morghan Cope

Phone: 813.333.1735

E-mail: mcope@skyviewadvisors.com

400 N. Ashley Dr. Suite 1015 Tampa, FL 33602 · Office: 813.579.6363 · Fax: 813.579.2082 · skyviewadvisors.com


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