Charleston, SC

Using the Market Discovery Data Tool from StorTrack Explorer, we were able to review data on Charleston, a city in Charleston County, SC. Rates have been trending upwards by 19% over the past year however there is one known development in the pipeline and nearly eight square feet of existing storage per capita. To view additional metrics, visit the link labeled “Click Here to View Market Information“.

Edison Properties Sells Manhattan Mini Storage for $3 Billion

Three months after exploring a multi-billion-dollar sale of Manhattan Mini Storage, Edison Properties has found a buyer. StorageMart has reached an agreement to acquire Manhattan Mini Storage and its 18 self storage facilities in the borough, the Missouri-based firm announced Friday. Neither side disclosed the financial terms, but Crain’s reported that StorageMart paid just over $3 billion, citing people familiar with the matter. The acquisition brings StorageMart’s portfolio to 20 million net rentable square feet and more than 200,000 storage units worldwide, including in Brooklyn, where it has two locations, as…

Recent Closings: 11.9.21 – 11.16.21

Property: Mokena Self Storage Sale Price: $18 Million Location: Mokena, IL Broker and Brokerage: James “Ashley” Compton of the Self Storage Group of Colliers International NRSF: 108,724 Buyer: Trojan Storage Unit Count: 938 Climate Controlled Acreage: 4.086 Highlights: Certificate of Occupancy Sale In Will County, One of the Fastest-Growing Counties in the United States Situated Off 191st Street, a Major Five-Lane East/West Thoroughfare with Prominent Visibility and Ease of Access Along the Primary Artery Property: Central Self-Storage Sale Price: $12.3 Million Location: Chandler, AZ Broker and Brokerage: Steve Mellon, Brian…