Day: July 26, 2021

Andover Properties, LLC (dba Storage King USA) has recently acquired Space Self Storage in Corpus Christi, TX marking its 2nd acquisition in Corpus Christi and 22nd in the state. The 41,000 NRSF single-story facility comprises 300 drive-up units and has excellent visibility from State Highway 358, which sees over 164,000 vehicles per day. Additionally, the property is located in a dense residential neighborhood and is just 10 minutes from an existing Storage King USA facility. “Buying an asset in such close proximity to an already existing store makes this a…

Three Rivers Self Storage, a 53,100 net rentable square foot facility in the Cincinnati, OH MSA, was recently sold. The Hatcher Group of Marcus & Millichap brokered the deal. The 279-unit facility was built in 1998 and expanded in 2000, 2003, 2005 and 2016. The property has great visibility along North Miami Road and the market has demonstrated 23% population growth since 2000. Additionally, the average household income within a five-mile radius consists of $105,405.