The property has been sold for $4 million
March 14, 2017: Based in Glendale, California, Public Storage Inc., a self-storage real estate investment trust (REIT), has recently acquired A2Z Self Storage in Orchard Park, NY.
According to the source, the property was developed in the year 2005 by a local partnership, then later expanded. It has 40,542 net rentable square feet of storage space in 370 units as well as 30 outside vehicle-parking spaces.
The seller was represented in the transaction by Nick Malagisi, national director of self-storage for SVN Commercial Real Estate Advisors. He was assisted by Howard Kravetz, a broker with Re/Max in Rochester, N.Y.
SVN has broker representation in more than 100 markets across the United States. Its team specializes in the marketing, sale and disposition of self-storage properties nationwide.