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46K-SF Self-Store Property in Fort Wayne Trades Hands
Summary by Connect CRE
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46K-SF Self-Store Property in Fort Wayne Trades Hands
Marcus & Millichap arranged the sale of The Storage Place, a 45,950-square-foot self-store property in Fort Wayne, Indiana.“This transaction reflects an improving outlook for the self-storage sector, supported by improved first-quarter reports,” said Jeffrey Herrmann, senior director of investments. “The property is well-positioned for the new owner to enhance operating performance through rate adjustments and strategic improvements. Buyers cont…
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