Grisanti-Group Commercial Real Estate’s Mike Helline and Paul Grisanti, Kentucky self-storage specialists, recently completed a unique deal in Radcliff, Kentucky. The owner of a self-storage facility near Fort Knox had 100% capacity but due to the facility’s limited size, it was generating minimal profits. With plenty of demand due to the vicinity of the military base, the owner needed an infusion of cash to expand his self-storage business. Helline and Grisanti found an investor who provided the owner with the money he needed to expand the facility from 10,000 square feet to 30,000 square feet. They plan to double the size to 60,000 square feet in the future.
This type of creative business strategy sets Grisanti Group apart in the Louisville Commercial Real Estate market. In this instance we did not facilitate the buying, selling, or leasing a property in the traditional sense, but made a successful transaction take place by finding what our customer needed most. Whatever real estate need you have, Grisanti Group’s brokers are dedicated to satisfying that need and making your business a success.
Our self storage clients might find some useful information in the 2011 Legal Learning Webinar Series being hosted by Inside Self-Storage thru their website, insideselfstorage.com/webinars. In this monthly lecture series, an attorney addresses issues that affect the industry. The hosts from ISS will answers questions directed at self storage owners, managers, investors, and developers. Some topics covered will be: legal mistakes to avoid, how to handle storage units in the event of death, divorce, and bankruptcy, and how the reality TV shows Storage Wars and Auction Hunters are changing the business.
Don’t hesitate to contact your Louisville area self storage experts, the brokers of Grisanti Group Commercial Real Estate, with any questions you have on the local industry. Mike Helline and Paul Grisanti, members of the Argus Self Storage Sales and Marketing Network, are ready to find and sell your properties in Kentucky and Southern Indiana.