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Public Storage announces the acquisition of A2Z Self Storage in Orchard Park, NY
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.

Source: http://www.insideselfstorage.com