SecureSpace Acquires Self Storage Property In Coral Gables For $22.7M

2811 Coral Way and 2749 Southwest 22nd Street, located in Coral Gables, have been sold in a closed property transaction. The asset type of these properties is self storage, spanning across 109,059 square feet. The sale price for this transaction was $22,700,000, resulting in a price per square foot of $208.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $22,700,000
• Address: 2811 Coral Way & 2749 Southwest 22nd Street, Coral Gables
• Market: Coral Gables
• Asset Type: Self Storage

The buyer of these properties was SecureSpace, represented by Nathan McElmurry. The seller in this transaction was Madison Capital Group. The lending institution involved in this deal was Goldman Sachs.