CASE STUDY BONITA SPRINGS, FL MSA • OVER 40,000 SF • PRICE: $3,850,000 BUYER PROFILE SELLER PROFILE PROPERTY PROFILE Private sellers Private buyer re-entering self storage market. Earlier generation storage, fully stabilized. THE STORY • Number of bids: 9 • Sellers were concerned about newer product being built in the area and were looking to mitigate risk heading into the next cycle. • Deal is located in a growth market that received a ton of interest from qualified regional and national buyers. • Amount of interest showed a high demand for non-institutional stabilized product. • Buyer was incredibly aggressive and not only outbid the other groups on price but also on terms with a 10 day due diligence and 30 days thereafter to close. • The contract was executed one week after the accep

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