Contact: Stacey Caldwell
FOR IMMEDIATE RELEASE
JANUARY 4, 2016
FRANKLINVILLE, NJ – Beacon Commercial Real Estate, LLC announced the sale of Franklinville Self-Storage located in Franklinville, New Jersey. The property sold for $600,000.
Chuck Shields, a self-storage investment specialist with Beacon Commercial Real Estate and a broker affiliate with Argus Self-Storage Sales Network, handled the listing for the Sellers, a private partnership which developed and managed the facility since 1988.
The Buyer, Axis Self-Storage T/A Axis Companies, LLC. is a Radnor, Pennsylvania based real estate company. Axis Self-Storage has been in business since 1996 and is a regional owner, developer and manager of self-storage with 18 locations in Pennsylvania, New Jersey and New York.
Franklinville Self-Storage is located at 3319 Delsea Drive (Route 47) in Franklinville, Gloucester County, New Jersey. It is situated on 5.5 acres with 170 storage units in five (5) buildings for a total of 20,450 Square Feet. Also included on the property is an easement for a cell tower as well as ground for the construction of additional buildings.
Beacon Commercial Real Estate is a commercial real estate firm located in Radnor, PA, specializing in Sales and Leasing of commercial properties, landlord and tenant representation, property management, property maintenance, and construction management.
Argus Self-Storage Sales Network (ASSSN) assist owners and investors of self-storage and is now the largest self-storage brokerage network in the United States with 30 Broker Affiliates covering 45 markets.
Axis Reality Partners of Radnor, Pennsylvania represented the Buyer in the sale of the property.