The Storage Acquisition Group Announces the Sale of Depot Self Storage in Concord

Depot Self Storage Closing Announcement

The Storage Acquisition Group ​today announced the sale of Depot Self Storage in North Carolina. The facility is located at 2450 Derita Road in Concord. The sale was finalized on April 18, 2019.

The sale was managed by group vice president Fred Paris[1] and group president and CEO Cowles M. “Monty” Spencer Jr.[2]

This facility totals 59,450 rentable square feet and has 364 storage units as well as 38 car, boat and RV parking spaces. The property offers drive-up access, electronic gates, video surveillance and more.

Located directly off of the I-85, this facility is convenient to the Concord Airport and Concord Mills Mall, making it easily accessible to a number of surrounding communities. Concord, North Carolina, is one of the fastest-growing cities in the nation. This, coupled with an extremely business-friendly environment, is marked by continued strong growth in the area. 

The Storage Acquisition Group is the premier agency for owners of self-storage facilities or portfolios presently considering opportunities for acquisition. Recognized across the industry for its owner-friendly acquisition process and providing fair market values with the lowest-possible transaction costs to the owner, The Storage Acquisition Group prides itself on an open and communicative process. With decades of combined transactional experience and an integrated network of industry-related consultants, the group is equipped to offer solutions on even the most complex transactions. To learn more about The Storage Acquisition Group’s unique model, visit The Storage Acquisition Group is a division of Mid-Atlantic Commercial Real Estate located at 110 Mid-Atlantic Place in Yorktown, VA 23693.

[1] Fred Paris is vice president of The Storage Acquisition Group, a division of Mid-Atlantic Commercial Real Estate.

[2] Cowles M. “Monty” Spencer Jr. is president and CEO of The Storage Acquisition Group, a division of Mid-Atlantic Commercial Real Estate.

*Broker of Record is Carla Barnard of Keller Williams Professionals Realty in Asheville, North Carolina.

Source: The Storage Acquisition Group


Categories: Real Estate

Tags: Acquisitions, Mergers, Self Storage News Mergers, Sell My Self Storage, Sell My Self Storage. Self Storage Facility Sale

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The Storage Acquisition Group is an industry leading expert at identifying and acquiring strategically located assets throughout North America. We are the premier buyer for one of the largest private owners of self-storage in the world.

Monty Spencer
Director, The Storage Acquisition Group
The Storage Acquisition Group
110 Mid Atlantic Place
Yorktown, VA 23693
United States