Tucson, Arizona – An experienced self-storage developer is planning a new state-of-the-art storage facility on the old Hooters location on Tanque Verde & Wilmot Roads just south of Costco in Tucson, Arizona. This will be constructed on one of the developer’s strategically located sites in the City located at 6335 E. Tanque Verde Road and […]
A Tucson, Arizona developer’s self-storage division has closed on the sale of their second Storage Development Opportunity in the Tucson market. This is a thoughtful developer that has owned most of its land assets in Tucson for over 30 years. These sites have now become unique and strategically located within central areas of the City. […]
On June 25, 2019 Bill Alter closed on his 165th self-storage sale in 33 years as a specialist in this asset class. That property was Canyon Rose Storage, which consisted of 326 storage units and 21 RV parking spaces totaling 46,100 square foot. It was located in Gold Canyon, Arizona, an affluent retirement community on […]
Bill Alter is pleased to announce the sale of EZ 8 Self Storage located at 702 W. Silverlake Road in Tucson, Arizona. The sale closed on February 27, 2019 for more than $2,000,000, which represents a price per square foot of about $60 and a cap rate of about 6%. The property was constructed in […]
Bill Alter, of Rein & Grossoehme Commercial Real Estate represented both the seller and the buyer on the sale of Bargain Storage at Grand & Camelback, which was his 162nd successful self storage closing in 32 years as a specialist in this property type. The sale closed on April 18, 2018 for $3,130,000. The property […]
Bill Alter, of Rein & Grossoehme Commercial Real Estate represented both the seller and the buyer on the sale of Arizona Storage Inns, which was his 161st successful self storage closing in 32 years as a specialist in this property type. The sale closed on March 12, 2018 for $8,900,000. The property consisted of 940 […]
Bill Alter is pleased to announce the sale of Ranch Self Storage located at 1930 S. Pennington Street in Mesa, AZ. The sale closed on October 26, 2017 at a selling price of $2,875,000. This price represents a cap rate of about 5.5%. Ranch Self Storage was constructed in 1979 and consists of 7 buildings, […]
Bill Alter closed on the $2,775,000 sale of Tucson Self Storage, representing his 156th successful self-storage closing. The sale closed on June 1, 2017. The property consisted of 584 units with a total of 46,770 square foot. It was located at 6459 E. Golf Links Rd in Tucson, Arizona. The seller was general partnership consisting […]
Bill Alter is pleased to announce the sale of Armored Mini Storage located at 13845 N. 7th Street, Phoenix, AZ. The sale closed on September 8, 2016 for $7,930,000, which represents approximately $163 per square foot and a cap rate of about 5.2%. Armored Mini Storage is a 3-story, climate controlled facility constructed in 2000. […]
Bill Alter is pleased to announce the sale of Storage Max Self Storage located at 11900 W.N. 91st Ave., Peoria, Arizona. The sale closed on June 7, 2016 for $3,500,000, which represents approximately $52 per square foot and a cap rate of about 5.35%. The property was constructed in 1986 and consisted of about 69,825 […]