Day: April 1, 2025

Featured Broker: Kim VanDelinder

Kim is a seasoned professional with deep-rooted expertise in Montana’s real estate and financial sectors. As a licensed Real Estate Broker and Certified Public Accountant (CPA), she brings decades of experience in management, finance, and operations across businesses ranging from startups to multi-million-dollar enterprises. Her career began in banking before she transitioned into management information systems within the food service supply industry. She later earned her CPA license and established a thriving tax and public accounting practice. Expanding her expertise, Kim became a licensed Real Estate Agent, initially specializing in…

Recent Self-Storage Transactions: 03.25.2025 – 04.01.2025

Property: Driftwood Self Storage (Class A facility) Location; Austin, TX Address: 9900 Darden Hill Rd., Austin, Texas Year Completed: 2021 Seller: The Jenkins Organization, Inc. (JLL represented the Seller) Buyer: Platinum Storage Group. (JLL procured the Buyer) Brokers and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of JLL Capital Markets Acreage: 13.46 acres Square Feet: 96,433 Unit Count: 482 units Occupancy: 93.4% Highlights: The facility is surrounded by new housing developments near the rapidly growing Highpointe and Driftwood neighbourhoods Driftwood Self Storage is the only self-storage facility…

SmartStop Self Storage REIT, A Premier Owner And Operator Of Self Storage Facilities in the United States and Canada, Announces Pricing of Underwritten Public Offering

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), an internally-managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced today the pricing of its public offering of 27,000,000 shares of common stock at a price to the public of $30.00 per share. SmartStop has granted the underwriters a 30-day option to purchase up to an additional 4,050,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. Shares of SmartStop’s common stock are…