May 21, 2021 — Knoxville, Tenn. Coldwell Banker Commercial Wallace announces the sale of KnoxUnion Storage, which sold May 14th for $2,100,000.

Chris Bruce of Coldwell Banker Commercial Wallace delivered the opportunity to an Indiana-based investor. The deal consisted of three self-storage locations in Knox and Union counties containing 32,100 square and 262 units.

Self-storage remains as a top commercial investment segment nationwide. Property values are peaking due to low interest rates and lack of inventory. Specializing in self-storage and multifamily investment advisory, Chris can be reached at 865-309-2100 or online here.