Recent Transactions

56,000 SF Self-Storage Facility

October 29, 2020 Fulton Staff

Self-storage, vehicle storage, and North Carolina icons.

Fulton Realty Capital advised a private client on the purchase of a self-storage facility in North Carolina. Sourcing, financing (CMBS), and all negotiations were led by Fulton's commercial real estate experts.

The 56,000 SF asset has 360 storage units, 100 of which are climate controlled, in addition to covered and surface parking for RVs, boats, and other vehicles. There's ample space on-site to expand parking capacity.

A well-occupied property with consistent, historical revenue growth, the facility serves an under-supplied market. Formerly independently owned and operated, the asset will be managed by a professional, third-party team. Operational improvements and marketing program upgrades are planned.

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