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Pogoda Cos. Buys Foreclosed Self-Storage Property in Michigan for $1.6M

Article-Pogoda Cos. Buys Foreclosed Self-Storage Property in Michigan for $1.6M

<p>Pogoda Cos., a self-storage operator and broker headquartered in Farmington Hills, Mich., has acquired Maximus Self Storage in Livonia, Mich., a foreclosed property, from Flagstar Bank for $1.6 million.</p>

Pogoda Cos., a self-storage operator and broker headquartered in Farmington Hills, Mich., has acquired Maximus Self Storage in Livonia, Mich., a foreclosed property, from Flagstar Bank for $1.6 million. The property will be rebranded with the companys facility name, National Storage Center.  

The two-story facility is located off of Interstate 96 at the intersection of Merriman and Schoolcraft Roads. It has nearly 39,000 net rentable square feet in 338 climate-controlled units, with two elevators, door alarms, two ground-level loading docks, two truck wells with levelers and a digitally monitored camera system.

Founded in 1987, Pogoda Cos. has approximately 3 million square feet of self-storage space under management in 38 facilities in Michigan and Ohio. The company provides brokerage, management, investment and consulting services to the self-storage industry through its Pogoda Group Inc. and Pogoda Management Co. divisions.