Facility for Sale

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  • 1.  Tenant notification of sale

    Posted 12-31-2024 07:11 AM

    How soon to send notice to tenants that we are selling the business? 

    Should I include the new owner information?



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    Charles Stewart
    Bellville Mini-Warehouses, LLC
    Bellville TX
    (979) 865-9405
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  • 2.  RE: Tenant notification of sale

    Posted 01-02-2025 01:36 PM

    This would really fall on the new owner to notify the tenants of any new lease, rates, facility rules, etc. We can provide the new owner with some resources on this when they are ready.



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    Kristy Spurr
    Executive Director
    Texas Self Storage Association, Inc.
    (512) 374-9089
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    Original Message


  • 3.  RE: Tenant notification of sale

    Posted 01-02-2025 01:45 PM

    Typically yes this is the responsibility of the buyer. If you still feel the need to send your own notice, do not send until the day of closing. 



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    Jon Danklefs
    First Vice President - Investments
    Marcus & Millichap
    San Antonio TX
    (210) 343-7838
    jon.danklefs@marcusmillichap.com
    License: TX 603587
    View my profile at http://www.marcusmillichap.com/JonDanklefs
    Or website at https://danklefsstoragegroup.com



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    Original Message