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Oct

05

MidCoast Properties Closes on GA Self-Storage Deal

By Tony Seruga

The property, Lawhorne Storage, is located in Sylvester, Ga., and offers more than 26,000 rentable square feet. The buyer is an out of state investor.

MidCoast Properties, a southeast brokerage firm specializing in self-storage transactions, negotiated a new deal in Georgia. Michael Morrison, an associate broker with the firm, represented the seller of Lawhorne Storage, a storage facility located in Sylvester. The property was listed for $1.6 million on MidCoast’s website and went to an out of state buyer.

Lawhorne Storage opened in 1983 and went through several stages of development, the last one completing in 2010. It totals more than 26,000 rentable square feet divided across eight buildings. In addition to the 261 traditional self-storage units offered, the site also incorporates a rental house and two offices. More space is available for future expansion…

MidCoast Properties Closes on GA Self-Storage Deal

Categories : Commercial Real Estate

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