Empire Lockers Acquires Self Storage Property On Nansen Drive In Medford, OR For $7.2M | 2878 Nansen Drive | Phillip Gause | Loan

Summary

Loan

OREGON

48,130 sqft

Empire Lockers has secured a $7,200,000 loan for a self-storage property located at 2878 Nansen Drive in Medford, OR. The loan terms are set at a 10-year fixed rate, providing stability for the investment.

Summary of Transaction Details

Property Type: Self Storage
Transaction Amount: $7,200,000
Address: 2878 Nansen Drive, Medford, OR
Market: Medford, OR

The financing was facilitated by Phillip Gause of Marcus & Millichap Capital Corporation, serving as the broker for Empire Lockers. This loan enables Empire Lockers to acquire or expand their existing self-storage facility, further solidifying their presence in the Medford market.

Players

All
2

Agents
1
Agencies
1

Phillip Gause

First Vice President

Marcus & Millichap

Details

Deal Summary

FINANCED

IMAGE: Phillip Gause DATE: 06/19/2022 ADDRESS: 2878 Nansen Drive MARKET: Medford, OR ASSET TYPE: Self Storage LANDLORD: Empire Lockers BROKERS: Phillip Gause - Marcus & Millichap Capital Corporation LOAN AMOUNT: $7,200,000 LOAN TERMS: 10-year fixed-rate loan

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Address2878 Nansen Drive

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