The self-storage was purchased for $4.5 million
June 10, 2014- Albany Road–Uxbridge Storage LLC which is an affiliate of Albany Road Real Estate Partners has purchased the self-storage in Uxbridge, Mass. It is located at 35 Balm of Life Spring Road. The property was sold by R & D Partners, a firm affiliated with Harvey Rogoff, an accountant from Long Island, N.Y., and Noah Dorsky, an N.Y. businessman according to the sources.
Rogoff and Dorsky purchased the 5.42-acre property in 1994 for $510,000.
The property was originally built in 1987, with expansions added in 1996 and 1998. It currently includes 55,285 square feet of storage space.
Albany Road Real Estate Partners was founded in 2012 by four partners. The company is acquiring properties actively and aims at having $500 million in gross assets under its management by its fifth year of business. The company has bought several properties which include storage facilities in Connecticut: Simsbury Self-Storage and West Street Self-Storage in Simsbury; Waterbury Self-Storage in Waterbury; and Blue Cube Self-Storage in Bloomfield.
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