Family buys Value Self Storage, creates new Big Jim

BUYER: Big Jim VIII LLC (manager: Dora Thomas), Sarasota
SELLER: Kenstor LLC
PROPERTY: 2394-3000 S. Tamiami Trail, Venice
PRICE: $7.2 million
PREVIOUS PRICE: $1.8 million, June 2000
LAW FIRM ON DEED: Williams Parker Harrison Dietz & Getzen, Sarasota

PLANS, DESCRIPTION:
A Sarasota family led by Dora Thomas purchased the Value Self Storage in Venice for $7.2 million.

The price equated to $120 per square foot.

The four-building, 59,857-square-foot facility was constructed in 1996. The new ownership plans to rebrand it as a Big Jim Self Storage giving the group its third location in Venice. The family owns and operates a total of seven self-storage facilities.