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Affordable Self Storage Sells for $1M

Investor Picks Up Meade Avenue Facility
By Justin Mcclure
July 8, 2009 | 7:42 P.M.

Petersen Management sold the Affordable Self Storage facility at 3333-3347 Meade Ave. to a private investor for $1.05 million, or $16 per square foot. The capitalization rate was 12.9 percent.

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