Bancap Self Storage Group Brokers Concord Self Storage
Summary
The facility also included amenities such as key-coded electronic gate access system, individual door alarms, and video surveillance cameras.“We had a lot of interest in this property,” said Wally Slough, Managing General Partner for the seller, “but this buyer and broker were able to accommodate some complicated issues we had and structured a great transaction that really made sense for all of us.” “This is truly a trophy property with great freeway frontage and visibility in a strong growing market,” Dean Keller, President of Bancap Self Storage Group, said, “it is a good time for independent owners to be selling as there are far more buyers than sellers and we are seeing historically high prices in virtually all markets of California and nationwide.” Bancap Self Storage Group is the, “#1 Self Storage Broker in California” with over $1 billion in completed self storage sales, including independently owned properties, mid-sized chains, and numerous portfolio sales.Dean Keller, the firm’s president, was the exclusive listing agent and sole broker of the transaction.The facility also included amenities such as key-coded electronic gate access system, individual door alarms, and video surveillance cameras.The property sold for $24 million on a “cash to new loan” basis.“We had a lot of interest in this property,” said Wally Slough, Managing General Partner for the seller, “but this buyer and broker were able to accommodate some complicated issues we had and structured a great transaction that really made sense for all of us.”“This is truly a trophy property with great freeway frontage and visibility in a strong growing market,” Dean Keller, President of Bancap Self Storage Group, said, “it is a good time for independent owners to be selling as there are far more buyers than sellers and we are seeing historically high prices in virtually all markets of California and nationwide.”Bancap Self Storage Group is the, “#1 Self Storage Broker in California” with over $1 billion in completed self storage sales, including independently owned properties, mid-sized chains, and numerous portfolio sales.