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Mixed Use
Looking for some feedback from the group on self-storage facilities with a mixed-use component.
How do you typically view a storage facility that includes office/retail units as part of the property?
Do you:
- Underwrite the office/retail separately from the storage?
- Apply a blended cap rate?
- See it as a benefit through diversification or an added risk?
I'm evaluating a deal with this setup and would love to hear how operators and investors in the storage space approach these opportunities.
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2 comments
Mixed Use
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