AREA - Commercial Real estate
After five-plus years of momentum building in the self-storage investment market, buyers, sellers and lenders are proceeding cautiously as the volatility in the overall financial markets has yet to trickle down to our small corner of the real estate industry. In light of the recent market uncertainty, we have asked some of our most active […]
info@areanw.com 509-435-2424 Facebook Linkedin Back On Top The first few weeks of 2021 have confirmed that investor sentiment towards self-storage is at an all-time high. Today, stabilized assets are commanding record high pricing while newly developed lease-up properties and C of O deals are regaining momentum and pricing power, reinforcing that once again, self-storage will […]
info@areanw.com 509-435-2424 Facebook Linkedin 3 Things We Learned in 2020 Ready for some good news? Never have prices been higher for self-storage properties, either in absolute dollars, per square foot, or in relation to the income they produce. Over the last year we have seen self-storage values rise dramatically. For the last several months we […]
info@areanw.com 509-435-2424 Facebook Linkedin Staying Competitive in Today’s Market In today’s dynamic self-storage business environment, many independent owners are forced to compete with larger, better capitalized and more sophisticated self-storage operators. Most owners consider the REITs to be the largest competitors in their markets, but we are now seeing the regional players and third-party management […]
info@areanw.com 509-435-2424 Facebook Linkedin As Good as It Gets? For the last 27 years, Argus has reported our market findings honestly and with an acute sense of what we are experiencing in the 100+ self-storage transactions that we are involved in each year. For the first time in my 15+ year history at Argus I […]
info@areanw.com 509-435-2424 Facebook Linkedin Argus Broker Affiliate Represents Both Buyer and Seller in Washington Self Storage Facility Transaction Spokane, WA– Ryan Layton, of American Real Estate Associates, has arranged the sale of Monark Self Storage in Medical Lake, Washington. The sale closed August 31st, 2021 and sold for $5,000,000. The facility consists of 59,840 rentable […]
info@areanw.com 509-435-2424 Facebook Linkedin StorageMart Expands Idaho Footprint with Acquisition in Hayden; Sets Ambitious Construction Plan With a new anchor store in Idaho, the family-operated storage company moves forward with enhancements to the property, including construction, security upgrades, and more. HAYDEN, Idaho, July 22, 2021 /PRNewswire/ — Located at 3027 W Hayden Ave, Hayden, ID 83835, the new […]