Monday, August 3, 2009

Sell of U-Store-It Mini Storage in Stillwater

HGM Investments, L.L.C. has purchased the U-Store-It Mini Storage on East 6th Avenue in Stillwater, Oklahoma consisting of 208 units on approximately 2.05 acres more or less. HGM purchased the property as an investment. James Durocher with NAI Sullivan Group handled the transaction. Durocher, who is working the sale of several mini storages said, “This property is a little smaller and less than 60% occupied and that represented some challenges initially but we located the right buyer and the sellers were more than reasonable in their expectation.”