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Simple Self-Storage sold a four-facility portfolio, with locations in Farmington and Canton, Illinois

The facility has been sold for $1.6 million


July 18, 2024: Simple Self-Storage sold a four-facility portfolio, with locations in Farmington and Canton, Illinois, to Prime Space Storage LLC for $1.6 million. The buildings comprise a combined 35,650 square feet, including a primary facility and three satellite buildings. The buyer and seller were represented by Kris Parker, associate director of self-storage investments for Newmark, a New York City-based commercial real estate investment company with more than $1.7 trillion in transactions in 2022 and 2023.


Source: www.insideselfstorage.com/self-storage-investing-real-estate/self-storage-real-estate-acquisitions-and-sales-july-2024