Store America in Marcy, N.Y., was recently sold to a private, first-time self-storage buyer. The 25,200-square-foot facility has 182 units, outside parking space, a 900-square-foot rental office, and 2.5 acres of land for expansion. Built in 2001, it was 81 percent occupied at the time of sale. Total land area is 4.9 acres. The facility is adjacent to the commercial area of North Utica and the Town of Marcy.
John Gilliland of Investment Real Estate LLC represented the buyer and seller in this transaction. IRE provides self-storage brokerage, construction, management and consulting services in the northeast and mid-Atlantic states.