Bancap Self Storage Group, Inc., the “#1 Self Storage Broker in California,” recently announced that it has completed over $900 million of successful self storage sales transactions. The firm crossed this milestone with the recent sales of storage properties in Long Beach and Hawthorne in Los Angeles County, California.
“Although we are not a household name, virtually every self storage owner knows about us,” said Dean Keller, President of Bancap Self Storage Group. “We are the only brokerage firm that can honestly boast the #1 track record in the state with over 25 years experience in brokering self storage properties exclusively.”
Bancap Self Storage Group has recently brokered several lender-owned “REO” properties that were foreclosed on by lenders, as well as several first-class, high occupancy properties that were very profitable. The firm has also facilitated more self storage portfolio sales in the state than any other broker. Additionally, the company was also responsible for the record-setting sale of a single self storage property in California at over $31 million.
“Although many owners think they cannot obtain a good price in today’s market, that is definitely not the case,” Keller said, “We have several motivated buyers that are aggressively looking for stabilized facilities in good markets. The key for the seller is to hire a self storage broker with a proven track record of getting the highest and best price possible. Self storage is a very unique property type and it takes a very specific expertise with decades of experience to maximize value for sellers in this unique property niche.”
Tagged with: Bancap Self Storage Group • Business • Business and Economy • California • Commercial Real Estate • Industrial • Investment Property • Multifamily Property • Office Space • Property • Real estate • Real Estate Investing • Real estate investment trust • REIT • Rental Property • Self Storage • Shipping Storage and Logistics • Storage • United States
Filed under: Real Estate