Dutton Ventures LLC recently purchased Red Barn Mini Storage in Newaygo, Mich., for $620,000. The property at 10209 Mason Drive encompasses 27,210 square feet of storage space in 152 units. It’s about 40 minutes north of Grand Rapids, Mich.
The seller was Red Barn Mini Storage LLC. The company owner was looking to reduce his work load and ultimately retire, according to a press release from Pogoda Cos., which brokered the transaction. Mark Floria, a commercial real estate advisor for Pogoda, represented the seller.
Based in Farmington Hills, Mich., Pogoda Cos. is a self-storage operator with 38 facilities and approximately 3 million square feet of space in Michigan and Ohio. The firm also provides brokerage, management, investment and consulting services to the self-storage industry through Pogoda Group Inc. and Pogoda Management Co.
