Storage Pros Sells Knoxville Self Storage Portfolio
ByOne of the Storage Pros facilities in Knoxville, Tenn.
Knoxville, Tenn.—Commercial real estate advisory firm, NGKF, recently announced the sale of the Storage Pros Knoxville, TN eight-facility portfolio. Storage Pros Management LLC was the seller, while the buyer and the price of the transaction were not disclosed.
The eight facilities are located across the Knoxville MSA and are all found within a 20-mile radius. This geographic positioning allows for favorable pricing power and online marketing presence in Knoxville metro area. The portfolio consists of eight facilities with a total of 415,616 square feet of self storage space and 23,500 square feet of outside parking space…