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Matthews™ Executes Third Self-Storage Disposition for Repeat Georgia Client

Aerial view of Monroe Self Storage, a newly built Georgia self-storage disposition with climate-controlled units and an on-site office

ATLANTA, GA—Matthews™, a commercial real estate investment services and technology firm, represented the seller in the sale of Monroe Self Storage, located at 1110 North Broad Street in Monroe, Georgia. Executive Vice President & Director Austin McLeod facilitated the transaction.

The seller, a repeat Matthews™ client and private developer, pursued the disposition as part of a strategy to exit the market and recycle capital. McLeod leveraged his deep relationships within the sector to directly source an all-cash buyer, a REIT actively acquiring Class A self-storage assets at attractive bases. During due diligence, McLeod effectively navigated the property subdivision and easement negotiations, ultimately bringing the transaction to a successful close. The disposition marks the third asset McLeod has successfully closed for the seller this year.

Built in 2023, Monroe Self Storage features 89,875 net rentable square feet across 646 climate-controlled units. Located in the Walton County submarket, the facility is ideally positioned to support a growing residential base, with population and household growth projected to exceed 11% within a one-mile radius through 2030.*

“This high-quality facility was a great addition to the buyer’s existing portfolio in Monroe, and allowed our seller to take their capital and deploy it into other opportunities in other asset classes,” McLeod said. “It was a win-win for both sides.”

*Data Complied from CoStar Group, Inc

For more information, please contact Austin McLeod or visit www.matthews.com.

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

 

 

PRESS CONTACT

Sophia Biazus
(562) 447-6918
sophia.biazus@matthews.com

 

Self-Storage

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