About the Storage Acquisition Group
In the simplest terms, we are a team of real estate professionals focused on immediately connecting you with a qualified and well-funded buyer for storage facilities. We specialize in helping owners of individual properties and portfolios before they decide to list self storage for sale on the open market.
The Storage Acquisition Group is an independent division of MidAtlantic Commercial Real Estate, founded in 2014. We represent a large, privately held investment fund which has allocated more than $2 Billion for the purchase of storage units for sale across the United States. They have designated us their agent to identify and purchase storage facilities on their behalf.
As a division of MidAtlantic Commercial, our team is backed by a team of professionals with over 40 years of expertise in retail, office and industrial sales and leasing.
Mission and Culture
The Storage Acquisition Group believes in giving due diligence and a full market analysis with complete transparency to sellers. We don’t want to acquire your property unless we can prove to you that you’re getting the best possible value in the transaction.
We believe in impeccability and the pursuit of excellence. That’s why we are constantly expanding our industry-specific knowledge base. Our goal is to provide a satisfying client experience, so every transaction and every client interaction is treated as an opportunity to perfect our service and support processes.
Meet Our Executive Team and Associates
President/CEOThe Storage Acquisition Group Director, Monty Spencer, is an accomplished real estate executive and owner with 20 years of commercial experience.
He has also won multiple CoStar® Power Broker of the Year and Commercial Real Estate Council awards.
Distinguished throughout the industry for developing dozens of high profile retail projects, Monty has brought his unique blend of expertise and ambition to spearheading The Storage Acquisition Group since 2014.
Chief Operating OfficerJonathan Cutler joined The Storage Acquisition Group in 2016. As the owner of Cutler Enterprises, Inc. and the former Director of Acquisition, Purchasing and Estimating for KB Home, Jonathan brings over 20 years of commercial real estate, development and land use experience to the group. His in-depth knowledge of acquisitions, corporate structure and organizational behavior contribute greatly to the superior experience we provide our clients. Jonathan currently resides in Kansas with his wife and four children.
Vice PresidentFred has been focused on the acquisition of self storage assets for The Storage Acquisition Group for four years. Prior to that, he represented a Walgreens Developer and The Staubach Company in site location work, as well as listed and sold commercial property during his previous 11 years in commercial real estate. Prior to that, he was in Economic Development at the local, regional, and state level in Virginia and New York State. Locating such companies as Symantec Corporation, Nextel Communications, and John Deere Vehicle Group in areas he represented.
Vice PresidentDavid Spencer grew up just outside of Columbia, South Carolina. Except for five years spent abroad in Austria, he has called Decatur, Georgia, home for the last twenty years. He began working with the Storage Acquisition Group in 2016 to develop and assist with acquisition opportunities across the Southeast. David’s comprehensive background in real estate development, telecommunications, technology, and environmental regulation enable him to navigate complex deals and keep projects moving in a positive direction for all parties.
Vice PresidentWilliam Sitar Jr., Esq., joined The Storage Acquisition Group in 2016. As the Vice President of Sitar Realty Company, he brings a wealth of knowledge to the group. Mr. Sitar’s diverse background in real estate brokerage, legal services, development and the financial sector enable him to provide comprehensive solutions during the acquisition process. In addition to being a licensed New Jersey real estate salesperson, Mr. Sitar has a law license in both New Jersey and Pennsylvania. In 2008, he was recognized as an “All-Star Commercial Real Estate Broker” by Real Estate New Jersey. Mr. Sitar holds a Master of Business Administration from St. Peter’s College located in Jersey City, N.J., a J.D. from Seton Hall University located in Newark, N.J. and a Bachelor of Arts from Boston College.
AssociateJohn Cranley joined The Storage Acquisition Group in 2017. He is a Sales Associate of Sitar Company, a full-service commercial real estate firm based in New Jersey. In his role as Associate with the group, Mr. Cranley focuses on acquisition opportunities in New Jersey and the Northeast. Mr. Cranley uses his experience in commercial transactions to meet the needs of self storage facility owners looking to sell. Prior to joining Sitar in 2014, Mr. Cranley spent 25+ years working in finance, primarily in the Institutional equity trading department of Morgan Stanley, holding Series 7, 24, 55, 63 & 65 licenses. Mr. Cranley is a licensed New Jersey Real Estate Salesperson. He received his B.A. degree in American Studies from Middlebury College. Mr. Cranley resides in Summit, New Jersey, his home of 20+ years.
AssociateBased out of New Jersey, Andrew became a member of The Storage Acquisition Group in 2018. Prior to his career in commercial real estate, Andrew spent the majority of his career working as an accountant for a private equity fund manager focused on institutional-quality real estate investments in Latin America. He utilizes his knowledge and experience in Finance & Accounting to provide an edge in the constantly changing self-storage industry.
Andrew received his Bachelor of Science degree with a major in Finance from Rutgers University and his Masters of Business Administration with a concentration in Management from Centenary College.
AssociateScott Eckert joined The Storage Acquisition Group in 2017 to source acquisition opportunities throughout the Mid-Atlantic region. Scott’s background is in real estate appraisal and valuation assignments of multifamily property throughout Virginia. Scott received his B.S. degree from Virginia Commonwealth University and later earned his MBA from the College of William and Mary’s Mason School of Business with an emphasis in Entrepreneurship and Real Estate.
Chris has been involved in the acquisition of investment property and development for over 10 years in the Midwest. After being recruited back to Nebraska from Washington D.C in 2007 to work on a Senate campaign, he became interested in economic development and real estate. His experience spans a 17 state footprint and transactions involving warehouses, enclosed malls, power centers, multifamily, 1031 exchanges and single triple net investments. He joined the Storage Acquisition Group in 2016 and has been applying his expertise to acquisition opportunities in the Midwest.
Greg joined The Storage Acquisition Group in 2018; he is also a Senior Vice President at LevRose Commercial Real Estate located in Scottsdale, Arizona. Prior to joining The Storage Acquisition Group and LevRose, Greg concentrated primarily on Tenant and Landlord Representation for a wide variety of local and national retail tenants while at both Sperry Van Ness and DeRito Partners. Greg started his commercial real estate career with DBSI Real Estate, LLC, in 2004 specializing in assisting financial institutions with expansion strategy and site selection. Over the next six year he exclusively represented Bank of Arizona, Western State Bank, Choice Bank, Silver State Bank, TruWest Credit Union, Arizona Federal Credit Union, First Credit Union, Pinal County Credit Union, and Marisol Credit Union.
Jonathan S. Guion, SIOR
Jonathan has over 30 years of commercial real estate experience specializing in investment properties, representing clients in the purchase and sale of properties and development. As a real estate owner/investor, Jonathan understands his client’s perspective of property ownership, values, ROI and the value of cash flows.
Jonathan is a member of the Society of Office and Industrial REALTORS (SIOR) where he served as an Officer and the State Chapter treasurer for over twelve years. SIOR is a network of the top commercial REALTORS in the world with over 3,100 members in 630 cities and 34 countries. He is a current member of SIOR, Self-Storage Association, REIN, the national Association of REALTORS and Old Dominion University’s Center for Real Estate, Executive Advisory Board.
Jonathan earned an MBA in Finance and a Bachelor of Science in Business from Old Dominion University in Norfolk, Virginia. Jonathan grew up on the Coastal Virginia waters and is an avid boater, fisherman and gardener.
Tripp joined the Storage Acquisition Group in 2019. Tripp is a licensed real estate agent in both Kansas and Missouri. Prior to his career in real estate he served in the Energy Industry for 30 years in a variety of roles including: Portfolio Manager, Senior Originator, and Managing Director. Tripp worked for companies of various sizes from Fortune 500 to a Silicon Valley startup where he managed the National Sales Team. Tripp originated and developed derivative structures for companies of all sizes to help them manage their energy related risks. Tripp held a Series 3 and Series 30 license in those roles. He has taught Financial hedging schools at the Chicago Board of Trade.
Tripp holds a Bachelors Degree in Business Management from Virginia Tech and an M.B.A. from Oklahoma City University. Tripp and his family reside in the Kansas City area. His area of focus is the Midwest Region. He looks forward to serving you.
Jacob joined The Storage Acquisition Group in 2019; he is also an Advisor at SVN | The Equity Group in Las Vegas, Nevada. Prior to joining The Storage Acquisition Group – Jacob concentrated primarily on Tenant and Landlord Representation for a wide variety of local and national tenants while at SVN | The Equity Group. Jacob understands people and looks diligently for the WIN-WIN in every scenario.