CRE V Michigan

Pogoda Companies sells 12-facility self-storage portfolio in Michigan for state-record price

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Pogoda Companies recently sold National Storage Center, a 749,436-square-foot portfolio of 12 self-storage facilities across the state of Michigan.

Pogoda Companies recently sold National Storage Center, a 749,436-square-foot portfolio of 12 self-storage facilities across the state of Michigan.

The portfolio features 5,505 storage units and 498 RV/boat-parking units. The portfolio sold for $61.3 million, which comes out to $81.79 a square foot, the highest price ever paid for a self-storage portfolio in Michigan.

Charles LeClaire and Adam Schlosser of Marcus & Millichap represented the buyer, Simply Self Storage.