Blue Skies Storage
Boone, NC
Executive Summary
CBRE Self Storage Advisory Group is retained as the exclusive listing advisor for Blue Skies Storage, which consists of 660 total units distributed across 66,401 net rentable square feet of ground level climate controlled storage space and 8,100 net rentable square feet of office space, along with 15,600 net rentable square feet of parking space. The facility offers valuable amenities including dollies and handcarts for moving heavy items, security camera, a ramp and online bill pay.
Boone, North Carolina, nestled in the scenic Blue Ridge Mountains, presents a compelling investment opportunity driven by its vibrant economy and unique blend of natural beauty and academic influence. As the largest community in the High Country region, Boone’s economic backbone is fueled by Appalachian State University, a major institution with over 20,000 students, which not only drives demand for housing, retail, and services but also fosters a steady flow of educated talent into the local workforce. The region’s appeal as a four-season destination attracts visitors year-round. Recent developments, such as expanding student housing and commercial projects, are poised to add hundreds of new jobs and inject millions of dollars into the local economy, capitalizing on commercial inventory and a thriving student population, making Boone an attractive spot for investors seeking stability and growth in a college-town setting.
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $11.4 billion in consideration and over 66.3 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
