Shoregate Partners, LLC, an Easton, MD based investment group is pleased to announce the acquisition of a 1,130-unit, 3-property self-storage portfolio for $11,400,000.
Shoregate was represented by Brandon Heaver of SVN | Miller Commercial Real Estate and the Seller by Mike Patterson of Commercial Realty Services of West Georgia. Initially only two sites were marketed, but the Buyer’s agent was able to procure a third, larger site through a creative structure that solved a financing issue encumbering the additional property.
Shoregate’s Principals have more than 20 years of combined experience managing more than 1,000,000 SF of commercial real estate between several states. The company’s hands-on approach to the evaluation, valuation, and management of assets throughout the country has led to their rapid growth over the past several years.
Shoregate is actively seeking to acquire scale in warehouse and self-storage assets throughout the Mid-Atlantic and Southeast, United States. Property owners are encouraged to reach out to Brandon Heaver at SVN | Miller, if interested in selling. Brandon can be reached at firstname.lastname@example.org or 443.214.6376.
SVN | Miller Commercial Real Estate, with offices in Salisbury, MD, Bethesda, MD, Easton, MD, Seaford, DE, and Onley, VA is a financial services firm specializing in commercial real estate. SVN provides advisory, brokerage, consultation, leasing and asset and property management services to clients in the Mid-Atlantic Region.
SVN-MILLER COMMERCIAL REAL ESTATE
SVN - Miller Commercial Real Estate, with offices in Salisbury, MD, Easton, MD, and Seaford, DE is a financial services firm specializing in commercial real estate. We provide advisory, brokerage, consultation, leasing and asset and property management services to clients in the Mid-Atlantic Region. We combine a comprehensive national footprint with local decision making, expertise and market-leading execution. We maintain an unequivocal commitment to our clients and community (#SVNgivesback).
SVN - Miller is an Accredited Management Organization® (AMO). Our team of dedicated professionals with market-leading knowledge includes a highly-trained staff of Certified Property Managers® (CPM®), Brokers who hold the prestigious Certified Commercial Investment Member (CCIM) designation, and members of the Society of Industrial and Office Realtors (SIOR).