Cushman & Wakefield Advises Sale of Arizona Storage Center in Phoenix Suburb

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Storage facility in Goodyear boasts historically high occupancy

PHOENIX, Ariz.– Cushman & Wakefield announced  the firm has completed the sale of Arizona Storage Center, a 54,976-square-foot self-storage facility in Goodyear, Arizona, a suburb in west Phoenix. Located at 18211 W McDowell Rd., the property consists of 424 units including 175 RV/Boat Storage spaces. The property was purchased by a Private Investor and seller was an entity operating under the name of FRC Goodyear LLC.

Executive Directors Paul Boyle and Rick Danis with Cushman & Wakefield’s Self Storage Advisory Group in Phoenix represented the seller in the transaction.

“Located in the rapidly expanding city of Goodyear with excellent access from Interstate 10, Arizona Storage Center has historically maintained a high occupancy level,” said Paul Boyle. “The property has an excellent unit mix of Self-Storage (59%) and RV/Boat Storage (41%). Plans for the property by the new ownership will include converting all of the open RV/Boat Storage spaces to covered.”

The Cushman & Wakefield Self Storage Advisory Group is a full service real estate platform dedicated to the self storage asset class.  The group offers investment advisory, valuation, consulting, feasibility and data services in all major markets in the U.S.

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