A Storage was purchased by Flying Peacock Family Trust
March 26, 2013-
The storage facility, located in Bend, Ore.
, was constructed in 2004. It is a 98-unit self-storage facility and is located at 345 S.E. Cleveland Ave. The buyer was represented by Erika Morris of Morris Hayden Property Management during the transaction. Brokers Jay Lyons, Darren Powderly and Erich Schultz of Compass Commercial Real Estate Services represented VSV.
“This was a unique transaction, as the sellers came to own the property through an inheritance,” Schultz said. “They live out of the area and were hands-off in the operation of the business, which led to some gaps in the availability of historical information—information that a buyer would typically require.”
Compass Commercial Real Estate Services is based in Bend, OR. It offers services in sales and leasing, tenant and buyer representation and development services.