Franklin Street Completes Off-Market Sale of Fortress Storage - Franklin Street (2024)

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  • Franklin Street
  • October 4, 2024

Franklin Street Completes Off-Market Sale of Fortress Storage - Franklin Street (2)

Strategic Off-Market Transaction Highlights Commitment to Client Success and Market Potential

Aiken, SC – Franklin Street is pleased to announce the successful sale of Fortress Storage, a state-of-the-art climate-controlled storage facility located at 3363 Whiskey Rd. This off-market transaction exemplifies our steadfast commitment to achieving outstanding results for our clients in a competitive real estate market. Representing the buyer, Frank DeSalvo and David Perlleshi from Franklin Street were instrumental in this transaction, showcasing their vast expertise and steadfast commitment.

The facility, boasting a total of 56,950 NRSF, was constructed in 2023 and occupies a substantial 5-acre site, providing ample opportunity for future expansion. With 650 feet of road frontage on Whiskey Rd, which experiences over 20,000 average vehicles per day (AVPD), this location is strategically positioned to attract a diverse customer base. Furthermore, the average household income within a 3-mile radius stands at $101,000, highlighting the robust market potential in the area.

Gilbert Orr and Daniel Grass of Twelvestone Real Estate expressed their satisfaction with the collaboration, noting, “Thanks to Frank and Dave, working with them always makes for a very smooth transaction. When it comes to executing, their team is among the best in the business. When we are looking for someone we trust, we choose Franklin Street.”

This acquisition underscores Franklin Street’s adeptness in navigating off-market opportunities and delivering exceptional value to our clients, reinforcing our standing as a leader in the commercial real estate sector.

About Franklin Street: Founded in 2006 during one of the toughest real estate climates, Franklin Street focused on delivering value-added solutions to meet the evolving needs of clients. Through a collaborative philosophy of leveraging the resources, expertise, and experience of each of its lines of business, Franklin Street has grown to include seven business divisions – Investment Sales, Tenant and Landlord Representation, Capital Advisory, Insurance, Property Management, and Project Management. With $10 billion in transaction value across all major product types, Franklin Street offers unmatched value and optimal solutions for clients nationwide. Headquartered in Tampa, Fla., the firm has teams located in top markets throughout the country and works with owners and occupiers of commercial real estate nationwide.

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