Recent Transactions

150,000 SF Self-Storage Complex

December 7, 2020 Fulton Staff

Self-storage, parking and Louisiana icons.

Fulton Realty Capital advised a private client on the acquisition of a unique self-storage complex in Southern Louisiana. The transaction was sourced, financed (CMBS), and negotiated by Fulton's commercial real estate experts.

The 150,000 SF asset includes 540 climate-controlled units, 15,000 SF of surface parking, and a cell tower. Nearly 100 music studio spaces are also on-site. These specialized units are leased on a month-to-month basis.

A significant capital improvement program is already planned to enhance curb appeal. Fulton also helped the client select a third-party management company to drive operational upgrades and improve performance. Located in a high population density submarket, the asset has tangible upside potential.

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