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.
Minneapolis Portfolio Sale
The Premier Storage/Minnesota Storage Centers Portfolio features five institutional-quality self storage properties in prime submarket locations throughout greater Minneapolis-St. Paul. The portfolio features four nearly stabilized facilities and one recently opened facility which is now 52% occupied after the first six months of operation. The portfolio includes a total of 396,111 gross square feet, 2,587 storage units, and 221 RV/Parking spaces. The Minneapolis-St. Paul Portfolio represents an excellent investment opportunity to enter a major market, with value-added potential of rebranding five Class A properties into a single brand name.
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.