The facility will have 42,650 square feet in 323 units
July 11, 2017: World Class Capital Group LLC (WCCG), which manages the Great Value Storage brand, has acquired a pair of self-storage facilities in the Denver metropolitan market for a combined $9.9 million from Business Property Trust LLC. The Best Bargain Storage properties together will have 102,790 square feet in 724 units. Nate Paul, president and CEO of WCCG, purchased the assets through affiliate company GVS Colorado Holdings I LLC, according to the source.
The buyer secured $8.18 million in financing from Irving, Texas-based C-III Commercial Mortgage LLC.
WCCG is a national real estate investment firm focused on acquiring, developing and managing real estate. Its portfolio includes investments in industrial, land, multi-family, office, retail and self-storage properties. The company is headquartered in Austin, Texas, with a significant presence in New York City.
Great Value Storage, a privately owned self-storage company, operates 65 self-storage facilities in Colorado, Illinois, Indiana, Mississippi, Missouri, Nevada, New York, Ohio, Tennessee and Texas.