We have spent years perfecting our client services specializing in the self storage industry and in-depth knowledge with this unique product type. Our Team is ready to assist you, whether you’re a single asset owner or an institutional investor with a real estate portfolio, with a wide array of professional services including:
We offer traditional brokerage services with coast-to-coast coverage. Please contact us to inquire which of our Tea Advisors is located in your market for representation and consultation.
Valuating a single self storage asset or real estate portfolio requires analytical proficiency, local market knowledge and industry expertise. We advise our clients during the valuation process to determine what the market can bear. We offer our clients a valuation model that is conducive to evaluating an individual asset or investment portfolio.
Acquisition, Development and Disposition
Acquisition, development or disposition of a self storage asset requires timely planning and consideration which begins with an in-depth knowledge of the local market forces.
Not every sale or acquisition begins with the listing of a property, but rather, knowledge of a situation that is better handled discreetly on behalf of a property owner or buyer. Situations, many times, require representation beyond the typical listing of a property.
As a value-added service, we provide our clients with reputable self storage capital funding firms that offer financing solutions. Access to capital markets for both debt and equity include permanent financing, construction financing, mezzanine financing, joint venture partnerships and equity sources.
Site Selection/Feasibility Study
The self storage industry and individual markets are constantly changing. Feasibility is much more than determining the number of units and examining competitor rental rates. An analysis of a property’s economic feasibility as well as its market feasibility is invaluable when considering a potential self storage site. A feasibility study can be and, in most cases, is required by banks when financing for a new self storage project. A feasibility study is site specific and time sensitive in its findings, conclusions and recommendations.
In-depth knowledge of an individual market is a requirement to learning what the market can bear. A competition study can survey either a site specific trade area or an entire market.
A market study is a point-in-time look at an individual market. It encompasses locations of all properties; size and number of units; weak spots and hot spots; the level of services being provided; and determination of supply versus demand.
Opinion of Value Reports
A broker opinion of value is a market value of an asset's worth. Many of our clients need such reporting on a regular bassi given the seasonality of the income stream or that an asset is in lease up.