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Phoenix & Southwest   /   February 19, 2021

Lisa Brown
By: Lisa Brown

Tulsa Self-Storage Asset Flips in Less Than 30 Days

Demonstrating the demand for storage facilities in tertiary markets, Tulsa Hills Storage, a 266-unit self-storage property, recently closed in less than 30 days. Attic @ Tulsa Hills LLC acquired the Tulsa property for an undisclosed purchase price.

Trey Hammond, Mike Mele and Luke Elliott of Cushman & Wakefield represented sellers Paul Korte, Brett Biery, Anthony Isler and McAuley Properties LLC in the transaction.

“Tulsa Hills Storage is a prime facility with above-market rents and high occupancy,” Hammond said. “Closing in less than 30 days to a regional investor looking to expand his portfolio, the transaction demonstrates the extremely strong demand for quality facilities in stable tertiary markets.”

Located at 8610 S. Elwood Ave., the facility includes 71 climate-controlled units, 176 non-climate-controlled units and 19 parking spaces for a total of 266 storage options. Tulsa Hills Storage offers units with drive-up access for consumer convenience, electronic gate access, a fully-fenced perimeter and 24-hour video surveillance.

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Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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