Fulton Realty Capital advised a private client on the acquisition of a 4 self-storage facilities in Southern Illinois. The CMBS-financed transaction was sourced and negotiated by Fulton's team of commercial real estate experts.
The 240,000 SF portfolio includes over 1,000 storage units and 100 RV parking spaces. All properties are well-occupied, stabilized, and located in the same, fast-growing MSA.
A professional management company, identified by Fulton's team, will oversee the entire portfolio. Immediate steps will be taken to modernize operations and drive profitability.
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