NAI Horizon’s Denise Nunez and NAI Martens negotiate $8.175M sale of 3-property Kansas self-storage portfolio
PHOENIX, ARIZONA (February 10, 2020) – NAI Horizon Senior Vice President Denise Nunez collaborated with Senior Vice President Nathan Farha, a commercial specialist with NAI Martens, in negotiating the $8.175 million sale of a three-property self-storage portfolio in Wichita, Kansas.
Nunez and Farha represented the seller, Leon J. and Susan L. Moeder of Wichita, Kansas. The buyer was Wichita Self Storage Group LLC.
The portfolio includes STOR-ALL Amidon, 43,930 SF, 330 units; STOR-ALL Pawnee, 67,520 SF, 365 units; and STOR-ALL Hydraulic, 11,450 SF, 85 units.
“NAI Horizon launched a national marketing effort which drew numerous qualified buyers for this three-property portfolio,” Nunez said. “While the deal was complicated by unforeseen issues, all parties worked together to ensure a successful closing.”
The facilities are strategically located approximately 3 miles from each other. The portfolio comprises 780 units and 122,900 net rentable SF. Each facility is located in markets with excellent demand characteristics for self-storage. The three facilities were formerly family-owned and operated.
Nunez specializes in self storage, offering localized expertise in Arizona and national representation working with NAI offices throughout the U.S.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to 375+ offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide.
NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit: www.naiglobal.com.