Success Story

Horizon Storage Portfolio

Simpsonville & Shelbyville, KY (Louisville MSA)


Private Local Developer


National Private Equity


Two property portfolio: one site consists of a tobacco warehouse conversion with non-climate and parking, the second site is a brand new build in lease-up with outdoor parking.

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  • The two locations resided seven miles apart in a submarket approximately 30 miles east of the Louisville, KY MSA. 
  • We strategized with our client to feature multiple value add components: additional lease-up, parking expansion, rate upside, tenant insurance.


  • The Oakside Advantage yielded 13 written offers with a tight grouping at or slightly above our target pricing.
  • Our transaction management team held all parties accountable to overcome multiple due diligence hurdles related to environmental concerns (Phase 1&2). We also navigated a zoning change related to the outdoor parking component where the city had changed requirements the year prior.
  • Our team led all parties to a successful closing 10% above the seller’s expectations.