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131,000 SF Self Storage Adaptive Reuse
In 2016, MANNA purchased this 131,000 SF industrial building on 3-acres at a bankruptcy sale. With the existing conditions of the building, the MANNA team determined this would yield a better return on a quick sale. With our experience in Self-Storage, we immediately launched a targeted marketing campaign towards Self-Storage developers nationwide. MANNA secured a developer out of New York, and closed on a sale within 6 months, achieving a significant cash on cash return.