Broker affiliates of the Argus Self Storage Sales Network recently brokered the sale of self-storage facilities in Colorado, Kansas and Missouri.
Joan Lucas of Joan Lucas Real Estate Services and Argus President Ben Vestal represented the seller in the sale of Budget Store & Lock in Commerce City, Colo. The 61,200-square-foot property sold on Dec. 6 for $1.9 million. Lucas and Vestal also sold Downtown Denver Storage in Denver on Dec. 15 to a local investor.
Larry Goldman of RE/MAX Best Associates represented the seller of Cedar Notch Storage in Branson West, Mo. The 29,840-square-foot facility was bank owned at the time of the sale. Goldman also represented the seller of Flex Storage Systems in Topeka, Kan., a 56,157-square-foot facility boasting a unique, modern design. The facility was featured in the May 2005 issue of Inside Self-Storage magazine, in an article titled Storage as Art. The new owners, based in Wichita Falls, Texas, plan to reposition the asset.
Based in Denver, Argus has 36 broker affiliates and covers nearly 40 self-storage markets. The company was formed in 1994.