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Marina U-Store Spends $3.2M on Self Storage Facility

Private Investors Sell Marina Property to Tenant
March 6, 2012
Edward T & Vivian W Zee sold the self-storage facility at 475 Reservation Rd. in Marina, CA. Marina U-Store, a long-time tenant, purchased it for $3.2 million, or about $100 per square foot.

The 31,988-square-foot building was constructed in 1978 and sits on a little more than half an acre in Monterey County. The self-storage facility has on-site managers, and units vary from 5' x 5' to 10' x 20'.

Jason Allen and Carl Touhey at Performance Self Storage Group in Emerald Hills, CA represented the buyer.

Please see CoStar COMPS #2259610 for more information on this transaction.
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