NAI Earle Furman’s Self-Storage Division is led by Cole Morris and Chris Harrison.
The Self-Storage Division of NAI Earle Furman focuses on all levels of investing, developing, expanding, and converting self-storage properties. Whether you are a small owner-operator looking to improve the profitability of your existing facility, or an institutional investor looking to acquire a large portfolio, the Self-Storage Division can add significant value to your project. The Self-Storage Division has relationships with buyers, sellers, lenders, and management companies that are crucial to the success of any self-storage asset.
Uniquely, the Self-Storage Division has 1) Two primary brokers who work together as a team for each client, collectively offering their diversified experience in finance, development, and brokerage; 2) A personal approach to serving clients’ interests and financial goals, rather than just representing properties; 3) A commitment to developing deals by providing a holistic approach, based on knowing their clients, and creating individualized investment plans.
The NAI Earle Furman Self-Storage Division offers a comprehensive list of real estate services, with focus on self-storage as an investment vehicle. These services include:
Investment Acquisitions – As your buyer representative, we identify both on-market and off-market opportunities that are consistent with your specific financial criteria. We negotiate aggressively on your behalf and provide support for all facets of the due diligence process. Our relationships with sellers, lenders, developers, and other service providers will ensure a smooth and successful transaction.
Investment Dispositions – Our disposition process leverages NAI Earle Furman’s international platform, our knowledge of the local market and asset class, and our database of the most aggressive buyers to maximize the value of each property we represent.
Feasibility Analysis – Our background and proficiency in financial analysis coupled with the resources to collect the most recent supply and demand data makes us most valuable in determining a self-storage project’s feasibility.
Development – The Self-Storage Division has all the resources and skills required to culminate a successful self-storage development. We have the capacity to assist in all stages of the development process, including: site selection and acquisition, demand analysis, feasibility analysis, loan acquisition, contractor selection, construction budgeting, management contracting, and final disposition. Our relationship with lenders, contractors, third-party managers, and equity sources will provide you with all the tools for the most efficient ground-up development.
Conversion – With the rise in popularity for self-storage investing over the last several years, some of the best self-storage investment opportunities come in the form of adaptive reuse properties. The Self-Storage Division can see past the façade of a vacant industrial building or dilapidated retail box to the hidden opportunities presented by reduced upfit costs and applicable tax incentives. We provide consulting services for current property owners, as well as acquisition/development services for those looking to identify a conversion opportunity of their own.
Consulting – The Self-Storage Division also provides services for those investors and owners that need assistance outside of traditional brokerage. If you own an existing facility, or a facility suitable for conversion to self-storage, we can assist you with maximizing the value and increasing the profitability of your current operation. We provide consulting services for property owners looking to expand their existing facility, or add value by way of conversion, renovation, or management overhaul.