Case Study

NAPLES, FL MSA • 185,000 SF • PRICE: $16,100,000

NAPLES, FL MSA • 185,000 SF • PRICE: $16,100,000

CASE STUDY NAPLES, FL MSA • 185,000 SF • PRICE: $16,100,000 BUYER PROFILE SELLER PROFILE PROPERTY PROFILE Family owned and operated self-storage facility for over 30 years which meant there was significant emotional attachment to the facility. Private equity backed national operator. Facility consists of both climate and non-climate units. Originally built in 1974 and expanded in phases over multiple years. THE STORY • Number of bids: 11 • This was a landmark deal as it was the single largest transaction in Florida at that time. • This deal was complicated in that it had 7 different parcels and some retail operations, which slightly narrowed the buyer pool. • Seller interviewed multiple firms and decided that SkyView would best represent their interests. • During the best and

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