The Storage Acquisition Group Announces the Sale of Treasure Island Storage in Queens

Treasure Island Storage Closing Announcement

The Storage Acquisition Group today announced the sale of Treasure Island Storage in Queens, New York. The facility is located at 109-09 180th Street in the neighborhood of Jamaica. The sale was finalized on Aug. 8, 2018.

The sale was managed by group Vice President Bill Sitar Jr., Esq.[1] and group President and CEO Cowles M. “Monty” Spencer, Jr.[2]

The facility totals 106,000 gross square feet and has 1,089 storage units. The property offers climate controlled units, electronic gate access, video surveillance, and more.

The neighborhood of Jamaica is often referred to as a transportation hub for its proximity to John F. Kennedy International Airport, many major thoroughfares and the Long Island Rail Road, making the location of this facility exceedingly convenient and accessible.

About The Storage Acquisition Group

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] Bill Sitar Jr., Esq. is a Vice President of The Storage Acquisition Group and a Vice President of Sitar Realty Company in New Jersey.

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

Source: The Storage Acquisition Group

Categories: Real Estate

Tags: Acquisition, Facility, Self Storage, Self Storage Facility Acquisition, Self Storage Facility Sale, Self Storage News. Mergers, Sell Self Storage Facility, Treasure Island Storage

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About The Storage Acquisition Group

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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