StoreSmart investor groups trade Naples self-storage facility

BUYER: Storage Partners-Naples FL LLC, (Storesmart Holdings LLC) Roswell, Ga.
SELLER: East StoreSmart Naples LLC
PROPERTY: 6810 Collier Blvd., Naples
PRICE: 6.75 million
PREVIOUS PRICE: $3.05 million, November 2011
LAW FIRM ON DEED: Stewart Title Guaranty Co., Tampa

PLANS, DESCRIPTION:
An investor group purchased the StoreSmart self-storage facility in Naples for $6.75 million.

The price equated to $123 per square foot. That figure is higher than the two-year average price per square foot for industrial space ($49) in Southwest Florida, according to the CoStar Group.