PRESS RELEASE: York, PA – March 3, 2014 – Leesport Self Storage in Leesport, PA
Investment Real Estate, LLC announces the sale of Leesport Self Storage located in Berks County, Pennsylvania. John Barry of Investment Real Estate represented the seller and the buyer in the sale. The property sold last month for $1.7 million. The single story facility was over 85% occupied at the time of sale. The property sits on 40,825 square feet and holds 315 storage units, and includes climate-controlled self-storage. The buyer is a local owner/operator looking to expand the company’s self storage holdings.
The Investment Real Estate Group of Companies has been involved with this property since its inception. According to Barry, “We provided the feasibility study, construction management, property management and finally the brokerage services to the seller over the course of their ownership of the asset. It was a pleasure working with our client from the inception of the project through a sale.”
For more information, contact Jess Dubbs, Director of Marketing.