DALLAS, June 8, 2023 - JLL Capital Markets announced today that it has completed the sale of Atlas Self Storage, a 116-unit self-storage facility in Midland, Texas.
JLL represented the seller, Atlas Self Storage, and procured the buyer, KO Storage.
Atlas Self Storage is located at 200 Norman St. just north of Interstate 20 in downtown Midland. The project sits near a collection of KO Storage facilities and is easily accessible from the majority of Midland's residential population. The 18,120-square-foot facility was 95% occupied at closing.
The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Directors Adam Roossien, Matthew Wheeler, Steve Mellon and Brian Somoza.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
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Jones Lang LaSalle Inc. published this content on 08 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2023 10:40:47 UTC.
