Recent Closings: 9.14.21 – 9.20.21

Property: Posen Storage
Location: Posen, IL (Chicago MSA)
Brokers and Brokerage: Dan Lynch of Colliers’ Self Storage Group
Unit Count: 540
Highlights:

  • Three Stories
  • Climate Controlled
  • Year One Leasing Exceeded Owner Expectations

Property: John Fayard Self Storage
Location: Gulf Shores, AL
Brokers and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 48,075
Unit Count: 418 Climate Controlled
Highlights:

  • Opened in April 2019 and Demonstrated Fast Lease-Up
  • Coastal Gateway Boulevard Just Completed a $9,000,000 Renovation
  • Five-Mile Population has Doubled Since 2000
  • Brand New High School Being Built Across the Street
  • Moratorium on Self Storage in the City of Gulf Shores
  • Located about 30 Miles West of Pensacola, Florida

Property: American Mini Storage
Location: Jackson, MS
Brokers and Brokerage: Anne Williams and Matt Porter of the Williams Group of Marcus & Millichap
NRSF: 42,700
Unit Count: 340 Climate Controlled and 17 RV/Boat
Room for Expansion: Yes
Occupancy: 85% (Physical)/60% (Economic)

Property: Sure Safe Storage
Location: Englewood, FL
Brokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 24,719
Unit Count: 127 Climate Controlled/111 Non-Climate Controlled
Room for Expansion: Yes
Highlights:

  • Additional 11 Lockers and 20 Parking Spaces
  • Multiple Offers Above List Price
  • Closed Above List Price
  • One of the Top U-Haul Producers in Southwest, FL
  • Three Commercial Spaces Currently Rented
  • High Daily Traffic Counts: 24,500 Cars/Day off Indiana Ave/FL-776

Property: Pocomoke Mini Storage
Location: Pocomoke City, MD
Brokers and Brokerage: Cameron Vale and Matt Brandal of Berkshire Hathaway
NRSF: 39,671
Occupancy: 99%
Room for Expansion: 12,000 NRSF
Highlights:

  • All-Cash Offer
  • Closed in Under 60 Days

Property: American Storage
Location: Ellijay, GA
Brokers and Brokerage: Dale Eisenman of Midcoast Properties Inc.
NRSF: 33,434
Acreage: 7.56
Unit Count: 248
Highlights:

  • Additional Eight Parking Spaces and Eight Office Suites
  • On-Site Apartment
  • Amenities Including Surveillance Cameras, Perimeter Fencing, Ample Lighting and a Digital Gate with Personalized Keypad Entry
  • Easily Accessible to Hwy 515

Property: Freedom Self Storage
Location: Fort Walton Beach, FL
Brokers and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 97,250
Unit Count: 571 Climate Controlled/197 Non-Climate Controlled
Room for Expansion: Yes
Occupancy: 86% (Physically)
Acreage:  8.23
Highlights:

  • 8 Retail Spaces
  • 44 Outdoor Parking Spaces
  • High Daily Traffic Count: 28,000 Cars per Day

Property: CubeSmart (Managed)
Location: Hutto, TX
Brokers and Brokerage: Brian Somoza and Steve Mellon of JLL
Acreage: 3.18
Unit Count: 780
Year Built: 2019
Highlights:

  • Amenities Including Electronic Access, Secure Fencing, 24-Hour Surveillance, Elevator Access to the Upper Floor and a Retail-Oriented Customer Service Office
  • 28 Miles from Downtown Austin, TX
  • Population Projections Estimate 2.74% Growth Annually Over the Next Five Years
  • Visible to Approximately 35,000 Vehicles per Day
  • Over 63,000 Residents with an Average Household Income of Over $128,000 within a Three-Mile Radius
  • 400 Feet of Frontage and Prominent Signage Along E. Palm

Property: Institutional Class A Three Property Portfolio (Managed by CubeSmart Self Storage)
Location: Atlanta, GA and Orlando, FL MSAs
Brokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 254,437
Room for Expansion: Yes
Highlights:

  • List to Close in Just Over 100 Days
  • Institutional Class A Three Property Portfolio Managed by CubeSmart Self Storage
  • Located in Atlanta MSA & Orlando MSA
  • Brand New, Four-Story All Climate Controlled Self Storage Facilities
  • Winter Park Physical Occupancy: 86%
  • Atlanta Physical Occupancy: 42%
  • Clarkston Physical Occupancy: 80%
  • Winter Park Location Has Eight Retail Spaces on Ground Level
  • Excellent Locations and Great Street Frontage
  • High Daily Traffic Counts
  • Extremely Dense, Affluent, and Growing Surrounding Populations

Property: Chapel Creek Storage
Location: Fort Worth, TX
Brokers and Brokerage: Danny Cunningham, Brandon Karr and Bryan Quaschnick of the Karr Self Storage Team of Marcus & Millichap
NRSF: 56,650
Unit Count: 356
Highlights:

  • Multiple Offers Generated at and above List Price During Two-Week Marketing Period
  • Transacted Above the List Price
  • Located Near Several New Single-Family Communities Including The Walsh, the 2nd Largest Master Planned Community in Texas
  • Amenities Including Garage-Style Roll Up Doors, Perimeter Fencing & Gating, Full-Service Manager’s Office, 24-Hour Video Surveillance Cameras, Wide Concrete Driveways, Manager’s Residence, Excellent Visibility and Accessibility and Personalized Key-Pad Gated Entry

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