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Investment Real Estate Represents Buyer, Seller in $4.7M Sale

Article-Investment Real Estate Represents Buyer, Seller in $4.7M Sale

John Barry of Investment Real Estate brokered the sale of the 58,700-square-foot Stor-It Self Storage in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /?><st1:place w:st="on"><st1:city w:st="on">Manassas</st1:city>, <st1:state w:st="on">Va.</st1:state></st1:place>, to Strategic Storage Trust Inc. for $4.7 million.

John Barry of Investment Real Estate brokered the sale of the 58,700-square-foot Stor-It Self Storage in Manassas, Va., to Strategic Storage Trust Inc. for $4.7 million. The 500-unit facility included 289 climate-controlled units and an onsite management office. It was 80 percent occupied at time of the sale. The five two-story buildings were built in 1996 and 2000 on 2.3 acres. For more information, visit http://www.irellc.com/.