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Self Storage Specialists
When it is time for you to buy or sell a self storage facility, let our experienced professionals help you. Our ONLY specialty is the brokerage of self storage properties – 100% of the time. We have represented sellers and buyers in over 200 self storage transactions and have sold over $500 million since 1998. We handle small projects from land with approvals to single facility properties to multi-level projects. We also handle multi-property portfolios ranging over $10 million.
Our specific market focus is the Mid-Atlantic and Northeastern United States. This means we have the specific knowledge of our market area to help you with your buying or selling needs. We travel over 150,000 miles each year visiting owners of self storage facilities. This determination, effort, and many long hours enable us to gain the knowledge and the experience in self storage to guide you through a successful transaction, whether you are new to the business or a seasoned professional.
Our brokers are active members of the national Self Storage Association based in Washington D. C. and the state associations in Pennsylvania, New York, New Jersey, Virginia, West Virginia and Washington D.C. John Gilliland is one of the few brokers who has been actively involved at the state and national level with self storage. He has been president of the Pennsylvania Self Storage Association for five years, and in 2007, chaired the Board of Directors for the national Self Storage Association. John Barry currently serves on the Board of the Pennsylvania Self Storage Association.
Are you Selling? As an owner, the two critical questions you want answers to are “How much is my property worth?” and “When should I sell?” Our goal is to provide timely and unbiased information, so you can make an intelligent decision. Our Brokerage Advisors know self storage market conditions from a valuation standpoint, and we closely monitor interest rate trends, financing strategies and tax-related issues. We have helped our clients utilize 1031 tax-deferred exchanges and other estate planning strategies to reduce overall tax liabilities. All of our consultations are confidential and are done at no cost to self storage owners.
Our aggressive marketing plan gives your property maximum exposure to qualified self storage buyers. Our preferred client list contains the names of known buyers who are adding to their portfolios and acquisition people in the self storage industry. We advertise your property nationally via websites and national self storage publications. We fully cooperate with other brokers in selling properties so that your property has visibility to all markets. Our advertising targets the potential buyer.
Are you Interested in a Confidential Sale or Acquisition? We have had a number of owners interested in selling without their facility being publicly advertised. Our long-term buyer relationships within the industry make this type of sale a possibility.
Should you become an active buyer, make sure we have your profile on hand, so that we can match facilities for you that we have that are not publicly listed on our website.
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“I trust John and his staff. They know the industry, the players and the markets. That is invaluable knowledge that, frankly, I can’t get anywhere else. They have integrity, and they’ll tell you the truth, the real numbers. I’ve dealt with them over the years and have purchased five facilities through them. Mike Moyer, Partner |
Are you Buying? As a buyer, you need access to properties for sale that are correctly valued. Our Offering Memorandums contain all the information you need to make a buying decision. In addition, we strive to provide you with accurate historical operating data within our marketing and due diligence packages. Providing decisive information to buyers is one reason why clients return to us time after time for their self storage acquisitions.
We have the most listings of any firm in our market area. We are continually working with owners who are considering selling – this gives us an advantage in knowing what property is coming to market.
If you are new to the self storage industry, we can help you develop an offer, walk you through the due diligence process, coordinate the multitude of professionals needed to complete a transaction, and assist in arranging the financing for you. We can move you through the necessary steps to close the transaction efficiently and smoothly. We want your first acquisition of self storage to be easy and successful, so you will continue to build your self storage portfolio through us.
We believe in the long-term financial success of self storage. By working with our ethical team of self storage advisors, we believe our experience in the marketplace will make for your success within the industry. Let us help you meet your self storage goals. Call us today.