4-13-18

2C — April 13 - 26, 2018 — Pennsylvania — M id A tlantic

Real Estate Journal

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P ennsylvania

Acquires Steele’s Storage, located on Route 22 in Lewistown Investment REManagement announces Moove In Self Storage expansion L

Commercial Real Estate Appraisals We have extensive appraisal experience on a variety of commercial properties. Some of our commercial expertise includes the following types of real estate: • Retail • Office Buildings

ewistown, PA — Locally owned and op- erated Moove In Self Storage has expanded their portfolio into the Lewistown, PA market. They have ac- quired Steele’s Storage, located on Route 22 on the east end Lewistown, which is in Mifflin County. This property added more than 370 storage units and an additional 51,451 s/f of storage to the portfolio, which now stands at 22 locations through- out PA, MD and NJ, and is managed by Investment Real Estate Management, LLC . The property has excellent vis- ibility from Rtes. 322 and 22 with a traffic count of 20,000 vehicles daily. Steele’s Storage was built in 1984 and consists of elev- en buildings with traditional drive-up access and interior ac- cess storage units. The property sits on more than six acres of general commercial zoned land. Property improvements include security cameras, perimeter fencing, gate with electronic keypad entrance, asphalt drive- ways and on-site rental office. When asked about the ac- quisition, Dana Sinsheimer , district manager for Invest-

• Shopping Centers • Subdivisions • Airport • Industrial

• Mixed Use • Apartments • Warehouse • Restaurants • Golf Course

• Gas Stations • Automotive • Land

Michael Laudone 2904 Old Nazareth Road, Easton, PA Phone: 610.258-3200 - Fax: 610.258-8704 E-mail: laudone.associates@rcn.com

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Steele’s Storage

ment Real Estate Manage- ment, LLC, said, “Expanding the Moove In portfolio into the Lewistown area made perfect sense for us. Our stores are located a few hours from our home office, and this new loca- tion is around an hour away.” She continues, “This property was well maintained and only needs some cosmetic work to make it fit our Moove In style. It will be exciting to see this one through the renovations and improvements, and be able to offer our new customers some added benefits they did not have previously.” n integrating the ART of landscape architecture with the SCIENCE of civil engineering

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April 26 New Jersey Office

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Email Lea Christman at lea.christman@marejournal.com or call: 781-740-2900

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