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Extra Self Storage announces the purchase of Hub Storage in Olivehurst, CA
The self storage facility has been sold for $2M

September 7, 2015: Extra Self Storage, which operates nine self storage facilities in California and two in Nevada recently acquired Hub Storage in Olivehurst, California.

The property contains 109,000 rentable square feet of storage space. 

According to a press release, the property was 50% leased at the time of sale.

The press release stated that, Hub Storage also includes a cell tower leased to SBA Communications Corp.

The deal was brokered by Tom de Jong, vice president of commercial real estate firm Colliers International and an affiliate of the Argus Self Storage Sales Network. Argus is a Denver-based network of real estate brokers who specialize in storage properties.

Established in the year 1994, the Argus has 36 broker affiliates covering approximately 40 markets. 

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