Newburgh, NY, November 11, 2015 --(PR.com
)-- Guy Blake, CCIM, an Associate Real Estate Broker with Pyramid Brokerage Company’s Hudson Valley office, successfully brokered the sale of That Storage Place in West Hurley, NY for $3,200,000. Blake represented the seller, That Storage Place, LLC. The facility is located at 1586 Route 28 West Hurley, NY and consists of 46,800 rsf of drive up self-storage and a 1,200 sf office building. It sits on a 9.6 acre site with room and approvals for an additional 32,000 rsf. The property and business was purchased by a group of local investors. “It was a great upside opportunity,” said Blake, “the facility was 95% occupied and needed additional units immediately. The buyers are putting up another 13,500 rsf already.”
Blake, a 22 year veteran of the commercial real estate industry, specializes in the disposition of storage facilities and is the NY/CT representative of the Argus Self Storage Sales Network. 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.