The buyer was Storage Star LLC, an affiliate of California real estate investment firm FollettUSA. The seller was self-storage developer GYS Development LLC.
The newly opened 105,300-square-foot facility has storage 708 units, according to a GYS news release.
“GYS Development LLC creates best-in-market self-storage projects that attract industry-leading buyers. Storage Star/FollettUSA is the type of superior owner/operator that appreciates the value that was generated at the South College site in Fort Collins and they will continue to increase the asset value with their strong operating platform,” Brandon Grebe of GYS Development said in a prepared statement.
FORT COLLINS — South College Self Storage at 137 Skyway Drive in Fort Collins recently sold for $10.45 million, Larimer County public records show.
The buyer was Storage Star LLC, an affiliate of California real estate investment firm FollettUSA. The seller was self-storage developer GYS Development LLC.
The newly opened 105,300-square-foot facility has storage 708 units, according to a GYS news release.
“GYS Development LLC creates best-in-market self-storage projects that attract industry-leading buyers. Storage Star/FollettUSA is the type of superior owner/operator that appreciates the value that was generated at the South College site in Fort Collins and they will continue to increase the asset value with their strong operating platform,” Brandon Grebe of GYS Development said in a prepared statement. …
This article has been intentionally blurred.
You must purchase a subscription to view the rest of this content.
Want to See More!?
OR
Start your subscription to BizWest, The Business Journal of the Boulder Valley and Northern Colorado, TODAY!
Online access PLUS print versions of all Bizwest publications
One month subscription includes:
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-month subscription to BizWest & all of the publications in print version.
Online access for one year.
One month subscription includes:
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
Online and print versions of all Bizwest publications PLUS premium access to BizWest Datastore for one year.
One year subscription includes:
- 1-year online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year subscription to BizWest & all of the publications in print version.
- 1-year premium online access to unlimited downloads from the BizWest Datastore!
- 1-year premium online access to the ALL NEW Breaking Ground website!
Print and online access PLUS premium access to our all new BreakingGround site!
One month subscription includes:
- 14-day FREE trial!
- 1-month of premium online access to the ALL NEW Breaking Ground website!
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-month subscription to BizWest & all of the publications in print version.
Print and online access PLUS premium access to our all new BreakingGround site!
One year subscription includes:
- 1-year online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year subscription to BizWest & all of the publications in print version.
- 1-year premium online access to the ALL NEW Breaking Ground website!
