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Extra Space Storage Acquires Self Storage Property In West Palm Beach For $29.2M

Property Image
SOLD
$29,200,000

Florida

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116,076 SF
Sold 07/20/2022
the dealdetailscomps
Property Image
SOLD

Extra Space Storage Acquires Self Storage Property In West Palm Beach For $29.2M

401 North Military Trail, West Palm Beach, Florida 33415, United States

See Similar Deals
116,076 SF
Sold 07/20/2022
the dealdetailscomps

Summary

FLORIDA
Price Per Square Foot:$251
Total Square Footage:116,076 SF
Transaction Type:Sale

The self storage facility located at 401 & 2300 North Military Trail in West Palm Beach has been sold for $29,200,000. The property spans over 116,076 square feet, with a price per square foot of $252. The transaction took place on 07/20/2022. The buyer, Joseph Margolis, represented Extra Space Storage, while InContext Advisors acted as the seller.

Summary of transaction details

  • Property Type: Self Storage
  • Transaction Amount: $29,200,000
  • Date: 07/20/2022
  • Address: 401 & 2300 North Military Trail, West Palm Beach
  • Market: West Palm Beach
  • Square Footage: 116,076
  • Price per Square Foot: $252
  • Buyer: Extra Space Storage - Joseph Margolis
  • Seller: InContext Advisors

Joseph Margolis, representing Extra Space Storage, successfully acquired the self storage facility located at 401 & 2300 North Military Trail in West Palm Beach. InContext Advisors acted as the seller in this transaction, which took place on 07/20/2022. The property spans over 116,076 square feet and sold for a price of $29,200,000.

Players

ES
Extra Space Storage
BUYER

Details

SOLD
IMAGE: Joseph Margolis DATE: 07/20/2022 ADDRESS: 401 & 2300 North Military Trail MARKET: West Palm Beach ASSET TYPE: Self Storage BUYER: Extra Space Storage - Joseph Margolis SELLER: InContext Advisors SALE PRICE: $29,200,000 SF: 116,076 ~ PPSF: $252

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