W.P. Carey fund buys Holiday Self Storage

BUYER: Holiday Storage 17 FL LLC (W.P. Carey Inc.), New York City
SELLER: Value Self Storage at Holiday LLC
PROPERTY: 3118, 3122 and 3132 U.S. 19, Holiday
PRICE: $3.5 million
PREVIOUS PRICE: $2.5 million, May 2003
LAW FIRM ON DEED: Van Winkle & Sams PA, Sarasota

PLANS, DESCRIPTION: CPA: 17 Limited Partnership, an investment fund managed by W.P. Carey Inc., purchased the 82,295-square-foot Holiday Self Storage facility for $3.5 million.

The price equated to $43 per square foot. That figure is lower than the two-year average price per square foot for industrial space ($46) in the Tampa Bay area, according to the CoStar Group.