Colliers Represents Bruno’s Self-Storage in Sale of WI Facilities to Inland Real Estate

Colliers’ Dan Lynch recently represented Bruno’s Self Storage, LLC in the sale of two Extra Space-managed self-storage facilities in Wisconsin to Inland Real Estate. Together, the properties total 175,825 sqaure feet with 1486 units.

The transactions include a 93,650-square-foot facility completed in 2020 with 749 climate-controlled units located at 9001 Wilmot Rd. in Pleasant Prairie, Wisconsin, as well as an 82,175-square-foot property completed in 2019 with 727 climate-controlled units located at 1585 Corporate Center Dr. in West Bend, Wisconsin.

The Class A institutional quality facilities are situated in the rapidly growing southern Wisconsin submarket and the Milwaukee metropolitan statistical area, respectively. “Storage remains an attractive asset class for investors, and these transactions further demonstrate that demand for high-quality, well-located self-storage remains robust,” said Lynch.

The post Colliers Represents Bruno’s Self-Storage in Sale of WI Facilities to Inland Real Estate appeared first on Connect CRE.