Franklin Street recently arranged the sale of a 104-unit, 12,600-net-rentable-square-foot self-storage facility in Watseka, IL, a submarket located 60 miles east of Champaign and 90 miles south of Chicago.
Franklin Street’s National Self-Storage Team of Frank DeSalvo and David Perlleshi represented the seller, Houston-based Pebble Ridge Capital. The new-to-market buyer was Wisconsin-based Just Simple Storage, which currently operates facilities in Michigan and Wisconsin.