News: Brokerage

Malagisi of SVN Commercial Real Estate facilitates 532-units self storage; Hardisty of SVN Kingston asissts

Hawthorne, NY Nick Malagisi, SIOR and national director self storage for SVN Commercial Real Estate Advisors, has facilitated the sale of the Goodfriend Self Storage facility located at 130-159 Brady Ave. The sale price was $14.1 million.

The facility was recently renovated by the owner to include climate control units, installation of lifts to access the 2nd floor units, and various other imporvements and then rebranded.  The facility has 532 rental units within 40,542 s/f. Malagisi was assisted in the sale by Hans Hardisty of the SVN Kingston office. The buyer is a California-based national operator and this is their first acquisition in the Metro NY area. The seller was a local partnership.

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