Property: Ultimate Storage Plex Location: Greeneville, TN Address:1640 E Andrew Johnson Hwy, Greeneville, TN 37745 Year Built/Renovated: 1970 / 2022 Brokers and Brokerage: Frank DeSalvo and David Perlleshi of Franklin Street NRSF: 58,440 Unit Count: 248 units Seller Testimonial: “The team at Franklin Street demonstrated remarkable tenacity working this transaction. Their utilization of market expertise proved instrumental in attracting the most suitable buyer to the negotiating table. Frank and David diligently navigated each stage of the transaction, overcoming obstacles with unwavering persistence. We are satisfied with the outcome and enthusiastically…
Category: Recent Transactions
Recent Transactions: 12.27.2023 – 1.02.2023
Property: Self-Storage Facility (leased to Storage King) Location: Miami, FL Closing Deal: $20 Million Year Constructed: 2019 Seller: Snapbox Self Storage Broker and Brokerage: Jeff Gorden of The Gorden Companies/Keller Williams East Valley of Argus Acreage: 2 acres Square Feet: 100,588 Property: Valley Mini Storage Location: Phoenix, AZ Broker and Brokerage: Jeff Gorden of The Gorden Companies/Keller Williams East Valley of Argus Acreage: 1.14 acres NRSF: 61,300 Unit Count: 770 Property: Ourspace Storage Location: Wellton, AZ Broker and Brokerage: Jeff Gorden of The Gorden Companies/Keller Williams East Valley…
Recent Transactions: 12.19.2023 – 12.26.2023
Property: Bear Creek Boat & RV Storage Location: Houston, TX Year Constructed: between 1991 and 2012 Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap Acreage: 10.7 NRSF: 103,872 Highlights: The property sits on four parcels Has 11 single-story buildings and157 outdoor parking spaces Video surveillance throughout the property Entrance gate with a digital keycode access Swing doors Crushed concrete driveways Property: Storage King USA Location: Sherman, TX Year Constructed: 2006 Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire…
Recent Transactions: 12.12.2023 – 12.18.2023
Property: Class-A Institutional Quality Self-Storage Asset Location: Loxahatchee Groves, FL Certificate of Occupancy: October 2023 Buyer: Prime Storage Broker and Brokerage: Brian Fulton of Top Hat Commercial Real Estate (THCRE) and Lockhart Management Group (LMG) Gross Square Footage: 97,352 NRSF: 74,957 Unit Count: 737 climate-controlled units Land / Plot: Self-Storage Development Land ( properly zoned land) Location: Victor, ID Buyer: Summit Self Storage Acreage: 6.14 acres Square Feet: 80,000 Property: Riverton Self Storage Location: Riverton, UT Buyer: Public Storage Brokers and Brokerage: Jordan Farrer and Adam Schlosser of…
Recent Transactions: 12.5.2023 – 12.11.2023
Property: Capstone Self Storage Location: Sumter, SC Broker and Brokerage: Michael Morrison of Midcoast Properties, Inc. Acreage: 2.1 NRSF: 11,950 Unit Count: 84 standard drive-up units Highlights: Fenced and gated Can add amenities and potentially more storage units or outdoor parking Opportunity to increase occupancy and rental rates Property: Paradise Self Storage Location: Rockport, TX Year Developed: 1994 Seller: Elkhorn River Investments LLC Buyer: Preis Investments, Inc. Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal NRSF: 23,800 Unit Count: 113 units …
Recent Transactions: 11.28.2023 – 12.4.2023
Property: Extra Space Storage (Managed) Location: South Pasadena, CA Seller: Gelt Ventures Buyer: Baranof Holdings Brokers and Brokerage: Adam Schlosser, Charles LeClaire and Keith Phillips of The LeClaire-Schlosser Group of Marcus & Millichap Square Feet: 55,786 Property: A-Z Storage Location: Danielsville, GA Acreage: 3.88 NRSF: 27,900 Unit Count: 211 standard drive-up and climate-controlled units Broker and Brokerage: Michael Morrison of Midcoast Properties, Inc. Highlights: Perimeter fencing Digital keypad entry Security cameras Asphalt drive aisles Exterior security lighting Property: SecureSpace Blue Bell Location: Blue Bell, PA Buyer: SecureSpace Self…
Recent Transactions: 11.21.2023 – 11.27.2023
Portfolio: Acme Self-Storage Portfolio Location: Morehead City, NC Closing Deal: $5 Million Buyer: Freedom Storage Group Brokers and Brokerage: Andreas Makris, Kevin Bledsoe, Matthew Junkin and Ben Yelm of Marcus & Millichap NRSF: 46,375 Unit Count: 125 non-climate-controlled units and 193 climate-controlled units Physical Occupancy: 98% Vehicles Per Day: 9,200-33,000 Portfolio Properties: 1217 N 20th Street, Morehead City, North Carolina 204 Jacob Drive, Morehead City, North Carolina 5458 US-70, Morehead City, North Carolina Property: Lake Avenue Lock-Up Location: Wilmette, IL Brokers and Brokerage: Jeffrey L. Herrmann and Sean M.…
Recent Transactions: 11.14.2023 – 11.20.2023
Portfolio: Santa Fe Storage Portfolio Location: Santa Fe, TX Brokers and Brokerage: Dave Knobler and Charles LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap Acreage: 4.3 acres Square Feet: 97,090 Unit Count: 654 non-climate-controlled units and 24 outdoor parking spaces Highlights: Two small office spaces Billboard Efficiency apartment Property: Self Storage Property (SecureSpace Blue Bell) Location: Blue Bell, PA Buyer: SecureSpace Highlights: Friendly staff Free Wi-Fi Locks and Boxes sales State-of-the-art security system Modern lobby Property: Hanley Storage Location: Coeur d’Alene, ID NRSF: 53,920 Unit Count: 218…
Recent Transactions: 11.7.2023 – 11.13.2023
Property: Self-Storage Facility Location: Greenwood District, WA Closing Deal: $30 Million Year Built: 2019 Buyer: InSite Property Group affiliate Seller: Nickerson Properties LLC affiliate Acreage: 1+ acre Square Feet: 150,138 Portfolio: Two Self-Storage Portfolio (StorQuest Self Storage) Locations: AZ, CO, CA, NV and FL Closing Deal: $67 Million Buyer: The William Warren Group Brookers and Brokerage: Kim Bishop, Eric Snyder, Mason Brusseau, Ivan Viramontes and Lauren Maehler of Talonvest Capital Portfolio: Three-Property Self-Storage Portfolio Locations: Vista, CA, Tempe, AZ and Las Vegas, NV Closing Deal: $31.9 Million…
Recent Transactions: 10.31.2023 – 11.6.2023
Property: Highway 36 & Moffat Road Storage Location: Temple, TX Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal NRSF: 81,840 Unit Count: 257 units Property: ABC Mini Storage Location: Aberdeen, WA Closing Deal: $2.2 Million Year Built: 1997 Broker and Brokerage: Christopher R. Secreto of Marcus & Millichap Square Feet: 20,714 Unit Count: 172 Property: American Self Storage Location: Albuquerque, NM Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal NRSF: 61,537 Unit Count: 535 units…