Prime Group Holdings Acquires Self Storage Facility In Orlando From Ample Ivey For $21.5M

The transaction involved a self-storage asset located at 2200 North Forsyth Road & 6493 East Colonial Drive in the Orlando market. The property was sold for $21,500,000, encompassing a total of 171,000 square feet, resulting in a price per square foot of $125.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $21,500,000
• Address: 2200 North Forsyth Road & 6493 East Colonial Drive
• Market: Orlando
• Square Footage: 171,000
• Price per Square Foot: $125
• Buyer: Prime Group Holdings
• Seller: Ample Ivey
• Broker Representatives: Steven Bentolila - Bento Property Group & Solomon Michailow - S2 Property Group

Key representatives in the transaction included Steven Bentolila from Bento Property Group and Solomon Michailow from S2 Property Group, who facilitated the deal on behalf of their respective clients.