Petra Storage Solutions- Closing Announcement
The Storage Acquisition Group is pleased to announce the sale of Petra Storage Solutions in Alabama. David Spencer brokered the sale of the facility located at 501 N. 26th Street in Opelika, AL. This newly built facility has a total of 459 units and 75,000 gross square feet of storage space. The sale was finalized on August 3, 2018.
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David Spencer is a Vice President of The Storage Acquisition Group and a Realtor with Keller Williams Realty Metro Atlanta. He focuses primarily on acquisition opportunities in the Southeast. Cowles M. “Monty” Spencer, Jr. is President and CEO of The Storage Acquisition Group, a division of Mid-Atlantic Commercial Real Estate, and conducted this sale in conjunction with David Spencer.
Press Release Petra
The Storage Acquisition Group today announced the sale of Petra Storage Solutions in Alabama. The facility is located at 501 N. 26th Street in Opelika. The sale was finalized on August 3, 2018.
The newly built facility totals 75,000 gross square feet and has 459 storage units. The property offers a variety of climate controlled units, loading docks, elevators, state of the art security, video surveillance, and more for maximum convenience.
Excellently located just off of heavily traveled Alabama State Route 14 and US Highway 280, the facility has superior position and visibility. The city of Opelika belongs to one of the fastest growing small MSA’s in the nation. With a robust manufacturing sector, nearby Auburn University and countless accolades praising the city’s business friendly environment, all signs point to Opelika’s continued growth.
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.
 David Spencer is Vice President of The Storage Acquisition Group and a Realtor with Keller Williams Realty Metro Atlanta.
 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 Connor Farmer of Highpointe Properties, LLC in Pelham, AL.