Newmark Arranges Sale of 23,789 SF Self-Storage Facility in Shelby, Ohio

SHELBY, OHIO — Newmark has arranged the sale of Wall Street Storage Unit Rentals, a 23,789-square-foot self-storage facility in Shelby, a city in northern Ohio. The sales price was undisclosed. The six-building property is located at 82 Wall St. The property’s zoning can accommodate the development of up to four additional buildings. Longtime owner Marjorie Roush sold the asset to locally based builder Soggy Dollar Properties LLC, marking the first transfer of ownership since Roush’s family acquired the land a century ago. Kris Parker and Jim Clark of Newmark represented the seller. The buyer plans to convert the two existing buildings with warehouse spaces into climate-controlled self-storage units.