KANNAPOLIS, July 11, 2024 – Franklin Street Self-Storage announced today that it has closed the sale of Graham’s Storage, an 8.03-acre, 48,231-net-rentable-square-foot self-storage facility in Kannapolis, N.C.
Franklin Street represented the seller, Graham Real Estate LLC and Harley’s Properties LLC, and the buyer, 10 Federal.
The sellers were represented by the Franklin Street Self-Storage Investment Sales team, guided by Senior Directors David Perlleshi and Frank DeSalvo, and the buyers were represented by Aaron Palmer from Century 21 Connected.
Located at 2804-2806 N Cannon Blvd, which sees an average of 19,791 vehicles per day, the property includes approximately 1.1 acres of cleared land for future expansion.
David and Wendy Graham, the sellers at Graham Real Estate LLC, shared, “From listing to close, Frank and David provided us with exceptional service in the sale of our facility. Their extensive market knowledge, combined with years of industry experience, helped us navigate towards a successful close.”
The Grahams added, “In addition, their engagement at every stage of the process was exemplary. Having been in contact with their team for several years, we are pleased with our decision to entrust them with the transaction.”
For interviews or media relations with David Perlleshi and Frank DeSalvo, email our media contact Kimberly Mendoza at [email protected].
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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. Learn more about Franklin Street at FranklinSt.com.
