Monster Self Storage- Carnes and Woodruff Combined Announcement

Monster Self Storage- Carnes and Woodruff Combined Announcement

Monster Self Storage- Carnes and Woodruff Combined Announcement

The Storage Acquisition Group is pleased to announce the sale of two Monster Self Storage facilities in South Carolina. David Spencer conducted the sale of the facilities located at 2248 North Main Street in Summerville and 2711 Woodruff Road in Simpsonville, SC. With a combined total of 1,453 units, the locations offer over 200,000 gross square feet of storage space. This sale was finalized on April 12, 2018.

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Press Release Monster Self Storage- Carnes and Woodruff

The Storage Acquisition Group is pleased to announce the sale of two Monster Self Storage facilities in South Carolina. David Spencer of Keller Williams Realty Metro Atlanta worked with Cowles M. Spencer, Jr. of Mid-Atlantic Commercial Real Estate to conduct the sale of the facilities located at 2248 North Main Street in Summerville and 2711 Woodruff Road in Simpsonville. With a combined total of 1,453 units, the locations offer over 200,000 gross square feet of storage space. David Spencer, Vice President of The Storage Acquisition Group, is based out of Atlanta, GA, and focuses primarily on acquisition opportunities in the Southeast. Cowles M. Spencer, Jr. is President and CEO of The Storage Acquisition Group, a division of Mid-Atlantic Commercial Real Estate located at 110 Mid-Atlantic Place in Yorktown, VA 23693. This sale was finalized on April 12, 2018

The Storage Acquisition Group is the premier agency for owners of self storage facilities or portfolios presently considering opportunities for acquisition. Recognized across the industry for its owner-friendly acquisition process and providing fair market values with the lowest possible transaction costs to the owner, The Storage Acquisition Group prides itself on an open and communicative process. With decades of combined transactional experience and an integrated network of industry related consultants, the group is equipped to offer solutions on even the most complex transactions. To learn more about The Storage Acquisition Group’s unique model, visit https://thestorageacquisitiongroup.com/.

 

Press Release Monster Self Storage- Carnes and Woodruff Version 2

The Storage Acquisition Group today announced the sale of two self-storage facilities located in South Carolina. The facilities, located at 2248 North Main Street in Summerville and 2711 Woodruff Road in Simpsonville, are part of a larger portfolio currently under acquisition. The sale was finalized on April 12, 2018.

The sale was managed by the group’s Vice President, David Spencer[1], and President and CEO, Cowles M. “Monty” Spencer, Jr[2].

The facilities total over 200,000 square feet and just over 1,450 storage units. The properties offer a mix of climate controlled and non-climate controlled units, drive-up access units, electronic gate access, video surveillance, and more for maximum convenience.

The Summerville facility is located just a few miles from the heart of historic downtown Summerville. Its location between State Road 176 and Highway 26 make position and visibility second to none. In addition, the Summerville area is growing rapidly with an average population increase of more than double the rates seen in the rest of the state.

The Simpsonville facility is located right beside the intersection of interstate highways I-385 and I-185 in an area dubbed ”The Golden Strip” for its prosperous commercial and retail sectors. The area is home to major corporations such as BMW, Michelin, GE and Caterpillar to name a few.

About The Storage Acquisition Group

The Storage Acquisition Group is the premier agency for owners of self storage facilities or portfolios presently considering opportunities for acquisition. Recognized across the industry for its owner-friendly acquisition process and providing fair market values with the lowest possible transaction costs to the owner, The Storage Acquisition Group prides itself on an open and communicative process. With decades of combined transactional experience and an integrated network of industry related consultants, the group is equipped to offer solutions on even the most complex transactions. To learn more about The Storage Acquisition Group’s unique model, visit https://thestorageacquisitiongroup.com/. The Storage Acquisition Group is a division of Mid-Atlantic Commercial Real Estate located at 110 Mid-Atlantic Place in Yorktown, VA 23693.

[1] David Spencer is Vice President of The Storage Acquisition Group and a Realtor with Keller Williams Realty Metro Atlanta.

[2] Cowles M. “Monty” Spencer, Jr. is President and CEO of The Storage Acquisition Group, a division of Mid-Atlantic Commercial Real Estate.

*Broker of Record is Gerald Scurry of ETS Properties in Mount Pleasant, SC.

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Posted on

September 19, 2018

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