Day: May 14, 2021

Argus Broker Affiliate Announces Sale of Missouri Self Storage Facility

Larry Goldman, CCIM, of Goldman Investment Advisors, is pleased to announce the sale of I 35 Self Storage in Cameron, Missouri. I 35 sits on approximately 1.4 acres and offers 41,880 rentable square feet of storage. The sale closed May 4, 2021. The facility sold to a local investor who will be enhancing and streamlining operations. After the buyer stabilizes the facility, he plans to expand the property and gain the economies of scale of a larger facility. First Missouri Bank of Brookfield, Missouri provided conventional bank financing for the…

JLL Sells Two-Property Portfolio

JLL Capital Markets announced today that it has closed the sale of a two-property self storage portfolio totaling 1,603 units in the Houston and Chicago MSAs. JLL worked on behalf of the seller, a private equity real estate fund advised by Crow Holdings Capital. National Storage Affiliates Trust acquired the assets. The portfolio comprises the 857-unit Sugar Land Self Storage in Richmond, Texas, and the 746-unit Crestwood Self Storage in Crestwood, Illinois. Sugar Land Self Storage is a well-maintained, stabilized asset that features a mix of climate-controlled and drive-up units,…

StorQuest Self Storage Hits Milestone with 200th Location

StorQuest Self Storage, the premier national self storage brand known for its innovative operating platform and loyal customer base, just crossed an important milestone by opening its 200th location. “We’re incredibly proud to be 200 StorQuest locations strong,” said founder and CEO Bill Hobin. “But I’m even more proud of the nearly 500 members of our team spread across the country who create an awesome experience for our guests and partners, and deliver excellent results to our investors.”   Hobin also attributed his company’s success to its unique “best of…