The six-year-old, four-story facility has 623 units located on0.97 acres. It includes a resident manager's quarters, 24-hourvideo surveillance, computerized access control and covered loadingand unloading areas.

The seller was represented in the transaction by CB RichardEllis Nashville office senior associate Ashley Compton, along withRandy Olen and Sim Wilson, of CB Richard Ellis' Miami office.

Tarco Properties owns three other storage facilities in theMiami area, which operate under the name "Value Store It." ValueStore It 1 was constructed in 2003, Value Store It 2 wasconstructed in 2004 and Value Store It 3 is currently underconstruction. The company also owns office and industrialproperties.

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