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By Andrea Harwood Palmer\nJerry Nudi, a real estate investor and founder of Warren Electric, has purchased the storage units at 94 Big Boom Road, near Northway Exit 18 in Queensbury.
\nThe business and property was purchased for $2.7 million, according to Nudi.
\n\u201cI looked at it for a couple years,\u201d said Nudi. \u201cI just hadn\u2019t decided to move forward until recently. I\u2019m already in warehousing. I have a number of facilities that offer businesses space to operate, including warehouse space. This particular storage facility has additional larger commercial spaces.\u201d
\nThe property contains over 300 storage units of various sizes, spaces utilized by commercial industries. Adirondack Offroad, General Roofing Contractors, Vermont Bread Co. and Line X are some of the larger business tenants at the property.
\n\u201cA lot of people rent storage space for their personal belongings. Then, there are businesses who will take a unit for their salespeople who need access to inventory or equipment. Other businesses use the space for receiving and distribution to trucks,\u201d said Nudi.
\nBig Boom Self Storage has an on-site manager.
\n\u201cMost self storage places don\u2019t have an on-site person. The former owner always had someone here and we kept that person on as an employee. I find it very important to have that personal service available for people,\u201d said Nudi.
\nThe property has security cameras and portions of the property are fenced off. Some of the larger warehouse areas are open to allow tenant access twenty-four hours a day.
\n\u201cThere are people coming and going at odd hours, getting ready for deliveries the next day; people receiving their goods, or coming back from their jobs late at night,\u201d said Nudi. \u201cIt\u2019s a nice extension to my current portfolio. It has larger warehouse units that people use for distribution and storage. That ties in nicely to what I already have. What I didn\u2019t already have was smaller units, like the 10 x 10 spaces people often inquire about,\u201d said Nudi.
\n\u201cWhen business is good, people need space. When business is bad, people need space. I think it\u2019s a good business for that reason. It\u2019s going to always have that need,\u201d he said.
\nBig Boom Self Storage can be reached at (518) 793-6622.<\/p>\n","protected":false},"excerpt":{"rendered":"