{"id":1004107493,"date":"2014-11-13T08:24:01","date_gmt":"2014-11-13T16:24:01","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=306338"},"modified":"2022-12-06T04:05:45","modified_gmt":"2022-12-06T12:05:45","slug":"bankruptcy-auction-set-for-59-unit-self-storage-facility-stormax-usa-in-albuquerque-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bankruptcy-auction-set-for-59-unit-self-storage-facility-stormax-usa-in-albuquerque-2\/","title":{"rendered":"Bankruptcy Auction Set for 59-Unit Self-Storage Facility Stormax USA in Albuquerque"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Stormax-USA_1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-306339\" title=\"Stormax USA_1\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Stormax-USA_1.jpg\" alt=\"\" width=\"300\" height=\"225\"><\/a>Albuquerque-based self-storage facility Stormax USA has filed for bankruptcy. The company\u2019s storage site, containing 59 large units totaling 52,887-sq.ft., will be sold through a live auction on Nov. 24.<\/p>\n<p style=\"text-align: justify\">Sperry Van Ness Auction Services\u2019 Louis B. Fisher III, CAI, is leading the auction efforts. Written bids are due Nov. 21 and will sell to the highest bidder per the court order.<\/p>\n<p style=\"text-align: justify\">The property is located at 100-106 Mescalero NW on a 2.05-acre lot size. The units feature 14- to 20-foot ceiling heights, ideal for contractors and trade professionals to store materials and dry storage of furniture and vehicles. A 7,200-sq.-ft. warehouse is also available for rent or it can be refurbished into 10-12 full-sized units. Additionally, Stormax USA is equipped with non-stop secured access, a 14-camera security system, and security fencing. Currently the property is 90 percent occupied.&nbsp;<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Stormax-USA_2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-306340\" title=\"Stormax USA_2\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Stormax-USA_2.jpg\" alt=\"\" width=\"300\" height=\"200\"><\/a><\/p>\n<p style=\"text-align: justify\">\u201cWe anticipate this will be a much sought-after property as little marketing was needed to attract tenants and keep the property near capacity,\u201d explained Fisher. \u201cIn addition, the security systems in place and the size of the units make it well-suited for the growing, area business community and local residents.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Albuquerque-based self-storage facility, Stormax USA, has filed for bankruptcy. As a result, the property will be sold through a live auction on November 24. SVN Auction Services&rsquo; Louis B. Fisher III, CAI, is leading the auction efforts. Written bids are due November 21 and will sell to the highest bidder per the court order.<\/p>\n","protected":false},"author":1305,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1577,21742],"tags":[],"class_list":["post-1004107493","post","type-post","status-publish","format-standard","hentry","category-albuquerque","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bankruptcy Auction Set for 59-Unit Self-Storage Facility Stormax USA in Albuquerque - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bankruptcy-auction-set-for-59-unit-self-storage-facility-stormax-usa-in-albuquerque-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bankruptcy Auction Set for 59-Unit Self-Storage Facility Stormax USA in Albuquerque\" \/>\n<meta property=\"og:description\" content=\"Albuquerque-based self-storage facility, Stormax USA, has filed for bankruptcy. As a result, the property will be sold through a live auction on November 24. SVN Auction Services&rsquo; Louis B. Fisher III, CAI, is leading the auction efforts. Written bids are due November 21 and will sell to the highest bidder per the court order.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bankruptcy-auction-set-for-59-unit-self-storage-facility-stormax-usa-in-albuquerque-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-13T16:24:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T12:05:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Stormax-USA_1.jpg\" \/>\n<meta name=\"author\" content=\"the Editors of CPE &amp; MHN\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bankruptcy-auction-set-for-59-unit-self-storage-facility-stormax-usa-in-albuquerque-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bankruptcy-auction-set-for-59-unit-self-storage-facility-stormax-usa-in-albuquerque-2\\\/\"},\"author\":{\"name\":\"the Editors of CPE &amp; 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