Point Acquisitions Closes On Record-Breaking Self-Storage Deal

Point Acquisitions and Jesse Shemesh are pleased to announce that the commercial real estate investment company has closed on one of the largest single site self storage properties in the country through their proprietary platform: 18975 Marbach Lane in San Antonio, Texas. This property is located right off I-35 in San Antonio heading towards Austin, a huge growth market with excellent demographics and population increase. The property sits on 65+ acres and comprises 700 storage units over 362,000 square feet. The ability for 20 acres of expansion will one day make it the largest self storage site in the country.

“According to Costar, this deal is a top 30 site on a square footage basis. With 20 acres of expansion in the works, it will make it the largest self storage site in the entire country. We are pleased with the growth of our burgeoning direct to seller platform to take down a deal of this size and complexity in a super competitive market of self storage properties, and in the state of Texas. We were happy to see the options our company provided to the seller were more favorable compared to the traditional big shop brokerages for a deal of this size.”

The firm sources organic deal flow to limit the fees usually found with commercial real estate brokers to assure a win/win environment for sellers and investors. Selling commercial property using the Point Acquisitions platform is convenient and simple. Click to read more at www.globenewswire.com.