530 Unit Sale Complete, Alabama Self-Storage Facility

 

Florence, AL— Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, recently brokered the sale of a 530-unit self-storage facility located at 785 Co Road 61, Florence, AL. Matthews™ represented the seller in the transaction.

 

Matthews™ sourced the buyer, a top 30 self-storage owner-operator in the U.S., through an existing relationship, having transacted with them before. The buyer was motivated to acquire the facility to grow its presence in the Alabama market.

 

“We added value to this deal through mass marketing and our extensive database, which directed a lot of traffic toward this listing,” said Matthews. “The seller benefited from all-time high pricing for storage facilities before the market started to turn and interest rates began to rise – which was a win for him.”

 

“Our track record in the self-storage industry, marketing platform, and client sourcing gave us an upper hand on this listing. We worked together to combine our resources and generate a swift closing process,” said Matthews.

 

For more information, please visit www.matthews.com.

 

This deal was done in collaboration with Broker of Record, Kyle Matthews, Lic. Number (AL): 110253.

 

 

 

About Matthews™

Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Founded in El Segundo, CA, and strategically positioned with over 400 agents and support staff in over 14 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.