Connie Neville

Constance (Connie) Neville, J.D., is a managing director and co-chair of the Self Storage Product Council for SVN. She specializes in the sale of self storage facilities in New England. As a member of the SVN Asset Recovery Team (SVNART) during the great recession Connie represented regional banks and lenders in the disposition of troubled loans and foreclosed properties. Locally, Connie works with landlords and tenants leasing retail and office properties in Lexington, MA. On a national level Connie has clients who remediate, reposition and re-develop environmentally impacted properties. In…

Featured Broker: Gabriel Coe

Gabriel Coe is a senior vice president of investments with the Hatcher Group of Marcus & Millichap. In his first six years with Marcus & Millichap, Gabriel has sold over $1.5 billion in self storage transactions, representing properties in 33 states. Gabriel and his team have closed 98 properties YTD in 2021 and are on pace to close roughly 150 properties this year totaling over $1 billion. Gabriel is currently ranked first (tied with his partner Brett Hatcher) within the National Self Storage Group at Marcus & Millichap. Gabriel has…

Colliers Represents Seller on $7.9 Million Self Storage Sale

Senior Vice President Tom de Jong and Transaction Coordinator Dana Chobor of Colliers’ Self Storage Group represented the seller, GS Kelly Family Partnership, in the $7.9 million sale of North Main Mini Storage facility in the Monterey Bay town of Salinas, California. The sale closed on October 7, 2021 and was purchased by Kirkland, Washington-based Northwest Building, LLC, one of the Puget Sound’s largest commercial real estate development, investment, and management firms. The former North Main Mini Storage facility will be operated under the West Coast Self Storage brand name…

Recent Closings: 10.12.21 – 10.18.21

Property: Barker Cypress Self Storage Location: Houston, TX Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire of the LeClaire-Schlosser Group of Marcus & Millichap NRSF: 56,050 Unit Count: 130 Climate Controlled and 339 Non-Climate Controlled Acreage: 2.89 Year Built: 1996 Year Expanded: 2003 Highlights: Amenities Including Video Surveillance, Automatic Entrance Gate with Key Code Access, Roll-Up Doors, Concrete Driveways and a Full-Service On-Site Manager’s Office and Residence Multiple Offers within 24 Hours of Marketing Listing Best and Final Offer Accepted One Week Prior to Call for Offers Deadline Upside…

How to Deal with Fake or Negative Reviews

Online reviews are the new “word of mouth.” For years businesses relied on happy customers to relay their satisfaction to friends and family—aka, potential new customers—via word of mouth. But in today’s mobile world, word of mouth has been effectively replaced with online reviews. With easy access to the Internet, consumers have changed the way they shop for pretty much every product or service available. Rarely does anyone make a purchase without looking up reviews online. It’s simply part of the decision-making process now, and it can be argued that…

Featured Broker: Bill Brownfield

Bill Brownfield has been in the commercial real estate industry since 1978 and is a designated CRE (Counselor of Real Estate) and a CCIM (Certified Commercial Investment Member). Since 1998, he has handled company and client property purchases and dispositions valued in excess of $1 billion (self storage, office and retail). Bill’s focus shifted to the self storage industry in 2008 and in both 2015 and 2013 he was awarded the national Top Producer Award for Argus Self Storage Advisors, an affiliation of approximately 40 self storage brokerage firms. Bill…

Featured Broker: Faith Pate

Faith Pate is a key member of the Argus Self Storage Sales Advisors’ Central & South Texas team, a partnership between Brownfield & Associates, LLC and MLB Commercial Real Estate. The partnership is dedicated to providing outstanding service to self storage owners and investors. Faith focuses on various property investment types including self storage, land and private equity. She works closely with owners (sellers and buyers), private equity firms and their related portfolio companies. Faith has experience in sale leasebacks, FASB compliance, lease administration and reconciliations, all of which help…

How Safe Are Your Access Control Solutions? Part Two

In the current climate, operating a successful self storage operation requires a Herculean effort. There’s no end to the tasks owners and operators face every day, from sales and marketing to site maintenance and security. It’s essential to not cut corners when it comes to the safety of your security system, but you don’t have to be a technology expert — start by following a few best practices: Vet both the solution and the provider. In addition to vetting the solution, evaluate the solution provider. Look for a technology vendor…

Simply Self Storage Accelerates Portfolio Growth with Strategic Acquisition of Eight Texas Properties

Simply Self Storage (the “Company”), a premier provider of storage solutions for a wide range of customer needs, today announced the acquisition of a seven-property self storage portfolio in Houston and a self storage property in Dallas. Financial terms of these transactions were not disclosed. Houston and Dallas represent two of the most attractive submarkets in Texas and we expect each will continue to benefit from strong consumer demand.” Simply Self Storage owns and operates a portfolio of approximately 80,169 units, encompassing more than 11 million net rentable square feet in 23 states. Its…

Davis Co. Presses Ahead with 17-Story Chelsea Self Storage Facility

The Davis Companies (TDC) announced that, following its acquisition of 155 and 165 West 29th Street in Chelsea, it has completed demolition of the existing buildings on the site and plans to construct a 17-story self storage facility. The Davis Companies acquired two adjacent industrial properties at 155 & 165 West 29th Street from the Moshel and Garfinkel families for a total of $62.5 million earlier this year. Over the summer, construction financing totaling $84 million was provided by Santander Bank, N.A. and United Overseas Bank. Construction is anticipated to be…