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Midcoast Properties, Inc

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McGinnis Ferry Self Storage Sold

Dale C. Eisenman, CCIM of Midcoast Properties, Inc. announces the sale of McGinnis Ferry Self Storage to a National REIT.

Suwanee, GA, December 21, 2012 --( Dale C. Eisenman, CCIM of Midcoast Properties, Inc. facilitated the sale of McGinnis Ferry Self Storage in Suwanee, Georgia to a national REIT. An institutional grade, class A facility, the transaction closed on December 11, 2012.

The property consists of over 71,000 rentable square feet of storage plus a 13,000 sf retail component. It is well located west of I-85 on McGinnis Ferry Road in Gwinnett County with a daily vehicle count of over 31,000. At the time of the sale it enjoyed 80% occupancy of its 593 self storage units.

Dale C. Eisenman is President and Broker in Charge of Midcoast Properties, Inc., and is a licensed real estate broker in North Carolina, South Carolina, and Georgia. In addition to being a professional pilot early in his career, Dale has practiced law, owned and operated several small businesses and has been an active commercial real estate investor for over 20 years. He now specializes in the self-storage industry both as a self storage investor and as a self-storage broker. As a Certified Commercial Investment Member (CCIM), Dale brings a unique level of real world experience, knowledge and negotiation skills to each client relationship.
Contact Information
Midcoast Properties Inc.
Dale C. Eisenman

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