(919) 518-9508Ready to get started with your self-storage transaction needs? Contact us now!
In 2022 and 2023 alone, the attorneys at Littlewood Law, PLLC, have represented dozens of clients through more than $140 million worth of self-storage transactions. We’ve earned a reputation as the go-to legal service provider for companies and individuals buying, selling, financing, or investing in self-storage assets across the United States.
At Littlewood Law, PLLC, we specialize in every facet of the self-storage real estate transaction process. Our bespoke services are designed to navigate the intricacies of commercial real estate with a focus on self-storage facilities. Here’s how we can assist you:
Buying & Selling
- Contract Negotiation: We draft and negotiate purchase and sale agreements that protect your interests, focusing on favorable terms and conditions without alienating the parties on the other side of your deal.
- Due Diligence Oversight: Conducting thorough due diligence, including review of financial documents, leases, and operational records to ensure a sound investment.
- Closing Coordination: Managing all aspects of the closing process, from the initial agreement to the final transfer of ownership.
Financing
- Loan Documentation: Reviewing and negotiating loan documents to secure the most advantageous financing terms for your project.
- Lender Negotiation: Working directly with lenders to address your financing needs, ensuring that the terms align with your business objectives.
Partnership & Syndication Structuring
- Entity Formation: Advising on the most effective legal structure for your partnership or syndication, taking into account tax implications and liability protection.
- Investment Agreements: Drafting and reviewing investor agreements, subscription agreements, and operating agreements to clarify the rights and obligations of all parties.
Legal Due Diligence
- Title Review: Examining title reports and insurance to identify any encumbrances or issues that could impact your ownership rights.
- Survey Analysis: Analyzing land surveys to verify property boundaries, easements, and potential encroachments, ensuring the physical assets align with legal descriptions.
- Zoning and Land Use Compliance: Assessing zoning regulations and land use restrictions to confirm the property’s compliance and identify any potential legal challenges.
- Environmental Assessments: Coordinating environmental site assessments to identify potential contamination or environmental liabilities that could affect the property’s value or usability.
Third-Party Report Coordination
- Property Inspections: Facilitating comprehensive property inspections to assess the condition of the facility and identify necessary repairs or maintenance.
- Appraisals: Coordinating with appraisers to obtain accurate valuations of the property, ensuring your investment decision is based on reliable financial data.
- Market Analysis: Providing access to market analysis reports to understand the competitive landscape and potential revenue streams of the self-storage facility.
Risk Management
- Contractual Risk Allocation: Advising on risk management strategies within contracts to minimize exposure and protect your interests.
- Insurance Review: Analyzing insurance policies to ensure adequate coverage for potential risks associated with the property and its operation.
Ongoing Legal Support
- Ongoing Partnership: Even after your deal closes, the attorneys at Littlewood Law, PLLC will remain available to you as you seek to successfully operate your business. If we can’t directly assist you with a specific legal issue that may arise, we’ll find someone who can.
Our Self-Storage Client Testimonials
Whether buying or selling self-storage in today's complex market, there is no better firm to guide you through this process than Littlewood Law. We have thoroughly enjoyed working with them over the past decade, and have transacted dozens of deals with them. We would highly recommend them to anyone in the self-storage industry.
John Lindsey – President, Lindsey Self Storage Group
Working with Littlewood Law has been a game changer for our business. Having a dedicated legal team that can cover all of our acquisitions and sales has helped us streamline our acquisition and growth process. Not only have they been great in handling the legal aspects of all of our transactions, but more importantly have been advisors in making strategic decisions. We would highly recommend them to anyone in the self-storage space!
Cameron Hoover – Owner, Freedom Storage Management
Littlewood Law was instrumental in getting the sale of my storage facility to the finish line. Their dedicated team’s understanding of the self-storage industry and attention to detail made all the difference. Communication was A+ throughout the entire transaction from start to finish. I highly recommend them and will be utilizing them again for future deals.
Will Van Die – Self-Storage Owner & Investor
Collaborating with Littlewood Law, PLLC, has greatly improved the services we provide to our clients in self-storage transactions. Their legal expertise and deep understanding of the industry has optimized the closing process for our clients, leading to seamless and successful transactions. We strongly endorse their services for anyone in need of exceptional legal guidance in the self-storage sector. We have utilized Littlewood Law, PLLC, for over 20 transactions and will enthusiastically continue to leverage their legal expertise in the future.
Frank DeSalvo – Senior Director of Self-Storage Division, Franklin Street Capital
Let’s Collaborate on Your Next Self Storage Project
With Littlewood Law, PLLC, you gain a legal advisor and a dedicated partner in your self-storage venture. Our specialized focus on self-storage transactions ensures that you receive expert guidance tailored to the industry’s unique needs.
Contact Us Today to learn how we can assist with your next project and drive your success in the self-storage industry.
