TWO VIRGINIA SELF-STORAGE PROPERTIES SOLD FOR $14 MILLION

by admin

VIRGINIA BEACH AND NORFOLK, VA. — Burnette Development recently sold two Class A self-storage properties, totaling 170,000 square feet and encompassing 1,438 units, to an undisclosed buyer for $14 million. Sale of the properties, which are located in Virginia Beach and Norfolk, was arranged by Michael Howard, Steve Hryszko and Hal Yuill of CB Richard Ellis’ Self Storage Advisory Group.

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