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Check out all of our Current Listings
Argus closed first quarter
of 2004 with sales valued at $44 million. The company sold 24 self
storage facilities in 14 states, totaling 1,211,338 square feet.
Argus is pleased to announce its
Broker Affiliates
acted as Buyer Representatives in the
acquisition of
by StoreRoom 2004, LLP
"Loose Cannons" on the Deck We just got back from the SSA show in Atlanta and found that the crowd was generally of two minds. The first expressed the optimism of newly minted self storage enthusiasts. The second view was one of the more cautious, weathered owners. The low interest rates and the lack of other good real estate investments have made the newcomers very interested in our small slice of the real estate world. However, many others with more experience were beginning to wonder about such things as why rental rates were not going up as fast; why the winter slump in occupancies is hanging on; why the Yellow Pages weren’t working as well. While these curiosities weren’t universal among the participants, the issue of interest rates was on everyone’s mind, experienced owner or novice investor. Clearly, this was the issue of the day. Of course, the direction of interest rates raised many questions such as: Will they go up? If so, how fast? Will rising interest rates lower valuations for self storage? Will financing be readily available? If so, will building slow down? Obviously,
each of the questions suggests an answer depending on your perspective.
However, what struck me about his convention was the number and
importance of Michael L. McCune,
President of the Argus Self Storage Sales Network, can be reached at
303-785-6087 or via e-mail
mccune@argus-realestate.com. |
Treasuries. C'mon. Give us a break already!! Arcadia Capital tells us that is was another horrible week with new economic data pushing the seemingly super-volatile treasury markets over the top closing up, yet again. The LIBOR and trailing indices remain even providing some sort of relief, especially for those in adjustable programs. Rates keep on creeping up, but there are still tons of good deals out there to be had. Longer-term fixed for the refi crowd is slowing down a bit and shorter-term fixed and adjustables for the purchase crowd remain popular. Visit the website www.arcadiacapital.com to search through the majority of Arcadia's programs and get a quick idea of the best programs in the market today. You can also contact Arcadia via e-mail info@arcadiacapital.com.
Congratulations to Argus
Peter Hitler
29 East Mini Storage
CADOS Property Group serves self-storage owners,
investors, developers, and operators.
Contact Chris White at 626-403-0430 or visit the website at www.cados1.com.
Looking for a vendor?
Self Storage Owners... Don't miss a great opportunity to put your facility in front of thousands of potential renters!
Advertise your facility with a
5-page webpage
for one year for only $79! That's just half price
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Alert on Self Storage is published by the Argus Self Storage Sales Network. Questions? Comments? Please contact Melanie Aaron at melanie@argus-realestate.com or call 1-800-55-STORE. |
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Argus
Self Storage Sales Network Celebrates 
the
unresolved or contingent issues facing the industry. It was very
apparent that almost everyone was aware that there are a lot of “loose
cannons” rolling around on the deck of “the industry ship” that is
charting its way through some rough and uncertain seas. Dodging the
“loose cannons” seemed to pre-occupy almost everyone.
CADOS
specializes in feasibility studies, market surveys, due diligence,
property operation reviews, project management and full-service facility
management. With an executive level operations background with the
largest self-storage REIT, district management level positions with
local, regional, and national real-estate firms, and varied consulting
assignments completed throughout the western states, CADOS Property
Group is uniquely qualified to assist clients that are new to
self-storage as well as established industry veterans. The company's
goal is to provide each client with an unparalleled level of individualized
service backed by an uncommon depth of experience and expertise. 
