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22 Jan 2021

DealPoint Merrill Sells Self-Storage Property for over $18 Million

WOODLAND HILLS, Calif., January, 2021 /PRNewswire/ -- [DealPoint Merrill](https://www.radiusplus.com/keyword/dealpoint merrill), an owner and operator of value-added [real estate](https://www.radiusplus.com/keyword/real estate) opportunities and sponsor of [real estate investment](https://www.radiusplus.com/keyword/real estate investment) offerings, sold the 80,160 sq. ft., two-story, 685-unit (51,815 rentable sq. ft.) Class "A" climate-controlled [self-storage property](https://www.radiusplus.com/keyword/self-storage property) supercenter in [Nanuet, New York](https://www.radiusplus.com/keyword/nanuet new york). The asset sold for $18,300,000 ($353/sq. ft.).

Located in a desirable suburb and thriving region of Nanuet (Rockland County, New York), the facility offers direct frontage along Middletown Road, with 19,000 VPD and ideally located in the retail cluster across from [Rockland Plaza](https://www.radiusplus.com/keyword/rockland plaza) and the [Shops at Nanuet Mall](https://www.radiusplus.com/keyword/nanuet mall).

About DealPoint Merrill:

Based in Los Angeles since 1985, [DealPoint Merrill](https://www.radiusplus.com/keyword/dealpoint merrill) and its affiliates have established a long-term national track record of success with a scope of operations encompassing [development and construction](https://www.radiusplus.com/keyword/development and construction). The company's senior management team and shareholders have collectively acquired, refinanced, and sold major [real estate assets](https://www.radiusplus.com/keyword/real estate assets) in excess of $1 billion, inclusive of the development and redevelopment.

For more information, please visit www.DealPointMerrill.com.


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