Press
Keating Resources Sells Building to Salvation Army
Press, Real Estate | July 11, 2024
![](https://keatingresources.com/wp-content/uploads/2024/07/KEA-KR-Sells-Building-to-Salvation-Army-PR.jpg)
Gerard Keating, CEO of Keating Resources, has announced the sale of a 51,700-square-foot building situated on 6 acres at 125 Industrial Drive in Spearfish, South Dakota, to The Salvation Army. Keating Resources purchased the long-vacant building from the Polaris Corporation in January 2021 and invested $1 million to upgrade and reposition the property for multi-tenant storage, including self-storage under the brand The Hills Self Storage. This strategic investment brought the building’s occupancy to over 75% at the time of sale.
Major Jerry O’Neil, BH Coordinator, announced that the organization will relocate to the new facility from their existing 6,500 square foot building in Spearfish starting October 1, 2024.
For more information about Keating Resources, please visit www.keatingresources.com. To learn more about the Salvation Army and their services, visit www.salvationarmyusa.org.
For more information about Keating Resources and our upcoming events, please contact Gerard Keating at 402-925-5113 or gerard@keatingresources.com, or Alec Keating at 630-648-9967 or alec@keatingresources.com.
Visit us online at keatingresources.com to learn more about our history, projects, and future plans.