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Calimesa Self-Storage Facilities Sell For $2.6M

Elite Storage Mgmt Buys REO Property
July 5, 2012
Atlas Storage LLC, an affiliate of Elite Storage Management Group, purchased the self-storage facilities at 1086 and 1096 Calimesa Blvd. in Calimesa, CA for $2.6 million, or approximately $56 per square foot, from US Bank NA in an REO sale.

The property consists of a 38,036-square-foot self-storage facility and 8,295 square feet of office space on 3.3 acres of land with frontage on both Calimesa Blvd. and the I-10 Freeway.

Nicholas Walker and Trevor Roberts with Marcus & Millichap represented both the seller and the buyer in the sale.

Please refer to CoStar COMPS #2302121 for more information on this transaction.

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