Kansas City, KS, December 10, 2014 --(PR.com
)-- Store Here LLC completed the purchase of 3 Class A self-storage facilities in the Kansas City Metropolitan area. Totaling over 269,000 rentable square feet, the facilities had an average economic occupancy of 90% and are located in the high growth western suburbs of Shawnee, Kansas and Kansas City, Kansas. Kansas City has recently attracted national players with its stability, steady growth and attractive investment returns.
The portfolio will be managed by Store Here Self Storage Property Management, based in Orange, California. Store Here currently has 20 self-storage facilities in their portfolio with over 1.4 million rentable square feet under management. RHW plans to expand the Store Here brand with an aggressive strategy, which includes acquiring additional assets and securing new management contracts. For more information call James J. Hanrahan (949) 427-8311 or visit www.storehere.com.
Larry Goldman, CCIM of RE/MAX Commercial represented the seller in the transaction. Larry can be reached at 913-707-9030 or firstname.lastname@example.org. He is the Argus Self Storage Sales Network Broker Affiliate for the states of Kansas, Missouri, Arkansas and Southern Illinois.
Based in Denver, Colorado, the Argus Self Storage Sales Network (ASSSN) was formed in 1994 to assist owners and investors of self-storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the ASSSN has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.