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Lucas Facilitates Sale of Handy Self-Storage in Thornton

Article-Lucas Facilitates Sale of Handy Self-Storage in Thornton

Joan Lucas of Joan Lucas Real Estate Services LLC represented the seller in the sale of Handy Self Storage in Thornton, Colo. The property sold on March 13 for $2,125,000 at an 8 percent cap rate.

Joan Lucas of Joan Lucas Real Estate Services LLC represented the seller in the sale of Handy Self Storage in Thornton, Colo. The property sold on March 13 for $2,125,000 at an 8 percent cap rate. The sale was financed by a local bank, and the buyer was completing a 1031 exchange.

Lucas is an affiliate of the Argus Self Storage Sales Network based in Denver.