Creating Value Through Experience...
MJ Partners Real Estate Services is a full service real estate brokerage and investment banking company and a market leader in commercial real estate, mortgage banking, and consulting services. Our clients include major financial institutions, private equity funds, real estate investment trusts, opportunity funds, insurance companies, pension fund advisors, corporations, private developers, and entrepreneurial businesses. Our broad range of expertise allows customized solutions for each client. MJ Partners is headquartered in Chicago, and its principals have completed in excess of $2 billion in transactions nationwide since 1993.
Southwest Portfolio Sale
The fifteen property Southwest Self Storage Portfolio consists of primarily institutional-quality self storage facilities in Colorado, Texas, Arizona and California. The portfolio features 861,367 rentable square feet of self storage space and 6,800 storage units, currently 86.4% occupied. The overall portfolio achieved strong leasing momentum in 2012 and is positioned for increased revenue growth. The facilities represent well-known and respected brands in their communities. The properties feature retail locations with high barriers-to-entry located on major thoroughfares with excellent visibility and signage.
$41 Million Portfolio Sale
MJ Partners Self Storage Group represented JSM Venture, Inc, in the sale of five self storage properties, including one location with a new Walmart Express store in Chicagoís Wrigleyville neighborhood. Four properties were acquired by Sovran Self Storage, a public self storage REIT based in Buffalo, New York, and one property, near Loyola University, was sold to Chicago-based Harrison Street Real Estateís Core Property Fund. All of the self storage properties will be rebranded as Uncle Bobís Self Storage.