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December 8, 2019
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TEXAS/SOUTHWEST NEWS
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Investors Trade AZ Self-Storage Asset in $4 Mil Deal

10/30/19

In an AZ self-storage sale, Phoenix-based WPC W. Thunderbird Storage LLC bought West Thunderbird Mini Storage in El Mirage for $4.1 mil. The asset was sold by Phoenix-based Quesnell Property Management LLC.

Located at 12500 W. Thunderbird Rd, West Thunderbird Mini Storage is a 45.2k sf storage facility, spread out across nearly 400 storage units. Built in 2002, the property features onsite management, drive-up access, air controlled units, perimeter fencing and gate entry, surveillance cameras and RV, car and boat parking.

Paul Boyle and Rick Danis of Cushman & Wakefield represented both the buyer and seller in the transaction. Boyle stated, “The property is in excellent condition and well-maintained, with a 94% occupancy. With rent opportunity upside, it was an appealing investment to investors.”





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