As commercial real estate brokers, when we exclusively represent a seller, it’s our job to get them the absolute highest price possible for their property. In order to do that, you first have to decide on a list price that is financeable, while allowing the buyer to achieve returns consistent with the respective market/asset class.  […]

Hello again to our clients, partners, colleagues and industry friends! It’s been a while since I wrote my last letter to you. As busy as my life has been since starting the Bledsoe Self Storage Group almost 2 years ago, I still want to be intentional about sharing with you.  I had many great conversations while at

Notwithstanding the ongoing market headwinds, the self-storage industry has sustained favourable investor confidence, drawing on its proven durability. Confronted by economic headwinds, including ascending interest rates, a decelerating housing market, and evolving demographic trends, the industry has seen a downturn in rent escalation and occupancy rates. Nevertheless, entities that exhibit flexibility and adaptability in the

Self storage performed better than most commercial real estate sectors during the last recession in 2008; and certainly better than residential real estate. As a result, the self storage industry garnered the attention of investors worldwide. Over the last 15 years, this sector has experienced exponential growth and an influx of cash flow.  However, these

The close of 2022 and first half of 2023 saw some turbulent waters in the real estate industry. While self-storage has proven to be “resistant” to many outside factors, our asset class has still felt the residual effects of rising interest rates, inflation, and change in economic outlook among other influences. These influences have left

When considering a self storage conversion, it’s important to understand the most essential factors that either make or break the project. These factors include building requirements, market demand and financial feasibility. In this article, we will discuss how to maximize ROI when converting a building into a self storage facility. We’ll also review the key

Our team often receives inquiries regarding whether an investor considering a 1031 exchange can buy a replacement property before they sell their existing property. The short answer is yes, a taxpayer selling real estate can use the 1031 exchange process in reverse. Unlike a forward exchange, where sale proceeds are held in escrow, this arrangement

As we reflect on the year 2022, there are a lot of things to discuss regarding the current state of the self-storage market.  Self-storage is often deemed as “recession resistant.” While I strongly believe that storage is one of the safest and top performing real estate asset classes to invest in, it is not immune

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the newest addition to the Bledsoe Self-Storage Group, Andreas Makris, serving the Northeast and Mid-Atlantic markets in the Self-Storage Division. The founder of the team, Kevin Bledsoe, joined Marcus & Millichap in July 2022. Bledsoe’s

Hello clients, partners, colleagues and industry friends. As busy as life has been this last year in starting the Bledsoe Self-Storage Group, I still want to be intentional about taking a step back and sharing this journey with you. I’ve had the pleasure of meeting and connecting with so many of you in this wonderful