SpareBox Enters Austin, Expands in Arkansas

SpareBox has acquired four facilities in Greater Austin and Rogers, AR, expanding its portfolio by a total of 700,000 square feet. The company purchased the assets from four different sellers. The Austin acquisitions are SpareBox’s first foray into the market. While the Arkansas asset is the fifth SpareBox location in the state’s northwest region. Since its launch last year, the company built a portfolio of 6.3 million square feet across 95 facilities. Last month, SpareBox made one of its largest purchases expanding its footprint by 1.9 million square feet of storage across…

Recent Closings: 10.26.21 – 11.1.21

Property: Pine Island Storage Location: St. James City, FL Brokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus & Millichap NRSF: 41,085 Unit Count: 343 Highlights: Over $50,000 In Capital Improvements: LED Lighting, Paint, Siding, Roof Touch-Ups Closest Storage Facility Is Six Miles Away In 2011, a Photo Voltaic Solar System was Installed Reducing Energy Usage to Zero Property: Cherryville Self Storage Location: Cherryville, PA Brokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group…

StorTrack Releases ‘StorTrack Explorer’ to Offer Self Storage Professionals Free Access to Interactive Data Map for All Markets

StorTrack, the premier international self storage data company, recently launched ‘StorTrack Explorer’ which offers an interactive map, improved user search experience and new formatting for accessing primary, secondary and tertiary market analytics on over 58,000 existing facilities and nearly 2,000 development projects in the US, the UK and Canada. Self storage investors and developers can choose from free, basic or unlimited account options. Free accounts have access to StorTrack Explorer’s mapping tool and can view net rentable square footage, square feet per capita, existing facilities, population metrics, average rates per…