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Closings 2012

Closed | North Grandview Avenue | 12/12/2012

Closed North Grandview Avenue Odessa, TX 79762 | NRSF – 360,680 | 12/12/2012 Real estate investment trust (REIT) W. P. Carey Inc. has acquired four self-storage facilities in Midland and Odessa, Texas for approximately $33 million. The purchase was made through CPA: 17 Global, one of W.P. Careys publicly held, non-traded REIT affiliates. The company financed $19.5 million through Wells Fargo. The properties comprise 361,490… Read More »Closed | North Grandview Avenue | 12/12/2012

Closed | ABC Self Storage | 09/12/2012

Closed ABC Self Storage Azle, TX 76020 | NRSF – 17,200 | 09/12/2012 ABC Self Storage, a 17,200-square-foot self-storage facility in Azle, Texas, recently sold to a local limited liability company (LLC). Financial terms were not disclosed. The seller was a private investor. The facility, constructed in 2004, sits on 2.1 acres and offers 98 storage units. The property is on one of the town’s… Read More »Closed | ABC Self Storage | 09/12/2012

Closed | Bankhead Self Storage | 04/26/2012

Closed Bankhead Self Storage Weatherford, TX 76087 | NRSF – 111,078 | 04/26/2012 Bankhead Self Storage in Weatherford, Texas, recently sold in an all-cash transaction between two private investors. Sellers Jim and Barbara Owens developed the 38,115-square-foot facility, which is currently 91 percent occupied, in 2004. Financial terms were not disclosed. Features of the facility include tilt-wall construction, steel framing, screw-down metal roofs, a concrete… Read More »Closed | Bankhead Self Storage | 04/26/2012