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Tuesday, January 06, 2009
Self-Storage

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10/19/2007Lee & Associates handles $28M sale of California self-storage properties
by Eric Ramsden | | 6599 Haven Ave. |
Aim All Storage has sold two self-storage facilities in Rancho Cucamonga, Calif., for $28.7 million to Price Self Storage. Clifford Crowe and David Anderson of Lee & Associates represented both the buyer and seller in the transaction. The first property, located at 10005 Arrow Route St., contains 110,972 square feet and sold for $11.7 million. The second facility, which sold for $18 million, contains 160,110 square feet and is located at 6599 Haven Ave. Rancho Cucamonga, Calif., a city of roughly 128,000 people, is approximately 42 miles east of Los Angeles. Anderson joined Lee & Associates in 2005 and has been involved with commercial real estate for over 20 years. He graduated from the Intercultural Open Multiversity in Denver, Colo. Crowe, a real estate professional since 1977, is the former owner of a full-service real estate company in Hobbs, N.M. He is a Certified Real Estate Broker and an associate priest with Church of the Advent Address: 10005 Arrow Route and 6599 Haven Ave., Rancho Cucamonga, Calif. Size: 271,082 square feet Filed Under: Self-Storage | | |
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