Superior Capital Advisors brokers Union City self-storage deal

Superior Capital Advisors represented a buyer in the acquisition of a new self-storage facility and office space in Union City, Tennessee, with plans to expand the property on a 5.4-acre site. The deal adds to the buyer’s West Tennessee footprint and underscores ongoing investor interest in self-storage.

Why it matters: - The Union City acquisition gives the buyer immediate room to expand a self-storage business on a 5.4-acre site in West Tennessee. - The deal adds another asset to a portfolio that already includes a facility in Lexington, signaling continued regional growth. - Self-storage remains a favored real estate segment for investors looking for scalable operations and expansion potential.

What happened: - Superior Capital Advisors represented the buyer in the acquisition of a new development self-storage facility and commercial office space in Union City, Tennessee. - The property includes 20 non-climate-controlled storage units and 2,400 rentable square feet. - The site also includes 2,100 rentable square feet of commercial office space available for lease. - The buyer plans to expand the self-storage footprint immediately after the purchase.

The details: - The transaction involved a new development on a 5.4-acre lot. - Matthew Porter, a self-storage investment broker at Superior Capital Advisors, said he was pleased to assist the client with the acquisition and expansion plan. - Michael Morrison, owner and broker in charge at Superior Capital Advisors, said the Union City acquisition shows how the firm helps clients scale regional footprints. - The buyer is expected to expand further in West Tennessee after already owning a facility in Lexington. - The firm describes itself as a commercial brokerage focused on self-storage investment sales and advisory services.

Between the lines: - The purchase combines current income potential from office space with a path to add storage capacity, which can improve long-term value. - The immediate expansion plan suggests the buyer is targeting growth through development rather than passive ownership. - The deal fits a broader pattern of self-storage investors favoring smaller, operationally flexible assets in growing regional markets.

What's next: - The buyer plans to expand the facility on the Union City site. - Superior Capital Advisors is likely to continue pursuing similar self-storage acquisitions and advisory assignments. - The new owner’s West Tennessee footprint appears set to grow beyond the Union City purchase.