Pogoda Management Co. Brokers Sale and is First Choice of New Owners for Harbor Park Mini Warehouse Management

Property Management Company was chosen to remain as the management company of the recently sold self storage facility, Harbor Park Mini Warehouse, in Harbor Springs, MI.

Farmington Hills, MI, June 15, 2011 --(PR.com)-- Pogoda Companies brokers June 2011 sale of Harbor Springs, MI self storage facility, Harbor Park Mini Warehouse, and remained manager of facility after exceptional performance helped facilitate sale.

Harbor Park Mini Warehouse, in Harbor Springs, MI was foreclosed on by First Community Bank in July 2010 at which time Pogoda Management Co. was hired as the management company. Harbor Park Mini Warehouse is a 124,340 gross square foot self storage facility comprised of 640 drive-up units making it the largest in Northern Michigan, as well as one of the largest in the state of Michigan. Pogoda facilitated the sale to a local investment group, ARBKN, LCC. The offering price was $2,665,000.

Under Pogoda Management Co. the property was updated to meet industry standards including stringent financial controls, Internet and traditional marketing programs, dramatic reduction of delinquent tenants and the addition of renter insurance and U-Haul Truck Rental. With the sale of the facility, additional capital expenditures will be completed as recommended by Pogoda Management Co. These updates include a complete face lit with the painting of all buildings, major paving work, a new gate system, a new digital sign, replacement of many doors, and conversion of a vacant industrial building to climate controlled units. Additionally, the office and public restroom will be renovated to modern standards. These improvements in operations and the physical facility initiated by Pogoda Management Co. predict a strong second half 2011 rental year for Harbor Park Mini Warehouse.

About Pogoda Management, Co.
Pogoda Companies is Michigan’s largest self-storage operator and broker and one of the 30 largest in the U.S., with approximately 3 million square feet of self-storage space in Michigan and Ohio. Pogoda also owns and manages numerous manufactured housing communities in Michigan. The firm provides brokerage, management, investment and consulting services to the self-storage and manufacturing housing industries through its Pogoda Group, Inc. and Pogoda Management Co. divisions based in Farmington Hills, Mich.

About Harbor Park Mini Warehouse

Harbor Park Mini Warehouse is located at 3389 M119/Harbor Petoskey Road in the city Harbor Springs, MI within Emmet County, MI. It is situated two miles North of Bay View and five miles from Harbor Springs with primary footage and access of 409 feet on M119/Harbor Petoskey Road. The property was originally constructed in 1975 and last renovated in 2001/2002.

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Pogoda Companies
Maurice Pogoda
248-855-9676
http://www.pogodaco.com
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