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 Somoza and Carl Beardsley of JLL
NRSF: 108,724
Buyer: Invesco Real Estate in Partnership with Baranof Holdings
Seller: Pegasus Group
Unit Count: 573 (457 Non-Climate Controlled, 106 Climate Controlled and Ten Parking Stalls)
Year Built: 1996
Highlights:

  • More than 450 Feet of Frontage Along the South Side of East Warner Road (30,000+ VPD)
  • 32% Renter Occupancy within a Three-Mile Radius
  • Secure Fencing
  • Electronic Access Control
  • 24-Hour Surveillance
  • Two Offices

Property: Extra Space Storage (Managed)
Sale Price: $26.3 Million
Location: Mill Creek, WA
Seller: MC Mini-Storage, LLC.

Property: Shaw Parkway Storage
Location: Sumter, SC
Broker and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 83,550
Unit Count: 490 (79 Climate Controlled, 411 Non-Climate Controlled and 81 Parking Spaces)
Occupancy: 96% (Physical)
Room for Expansion: Yes
Highlights:

  • Upgraded LED Lighting on the Outside of Each Building
  • Easy Access to and from Broad Street
  • Daily Traffic Counts: 20,000 Cars/Day off Broad St & 2,600 Cars/Day off Shaw Dr
  • 35 Miles East of Columbia, South Carolina

Property: Franklin Self Storage
Location: El Paso, TX
Broker and Brokerage: John Owens of KW Commercial
NRSF: 126,229
Unit Count: 888
Year Built: 2020
Room for Expansion: Yes
Occupancy: 87% (Physical)
Highlights:

  • Class A Facility
    High-Traffic Location

Property: Tilton Self Storage
Sale Price: $4.28 Million
Location: Tilton, NH
Broker and Brokerage: Matthew Bacon and Cassandra Farley of SVN Masiello Commercial (Seller) and Doug Martin of KW Commercial
NRSF: 67,050
Acreage: 6.75

Property: Extra Space Storage
Location: Annapolis, MD
Broker and Brokerage: Matthew Bacon and Cassandra Farley of SVN Masiello Commercial (Seller) and Doug Martin of KW Commercial
NRSF: 44,139
Year Built: 1985

Property: 1st Defense Storage
Location: Corpus Christi, TX
Buyer: Andover Properties
NRSF:73,300
Unit Count: 673
Year Built: 2017

Property: Delray Beach Self Storage
Sale Price: $14.75M
Location: Delray, FL
Buyer: CubeSmart

Property: Store It
Location: Spring Hill, TN
Buyer: BC North Partners, Entity – Beechcroft Storage LLC
NRSF: 37,450
Unit Count: 284

Property: Condo Storage Innovations
Location: Green Bay, WI
Listing Price: $2M
Brokers and Brokerage: Jesse Luke and Scott Rihm of EquiCap Commercial
NRSF: 49,339
Unit Count: 143
Acreage: 4.56

Property: Pinnacle Self Storage
Location: Chattanooga, TN
Brokers and Brokerage: Austin McLeod and Johnny Blue Craig of Matthews Real Estate Investment Services
Buyer: KO Storage
NRSF: 41,750

Property: Old River Road Boat & RV Storage
Location: Conroe, TX
Brokers and Brokerage: Bill Bellomy and Michael Johnson of Bellomy & Co.
Buyer: East Park Drive LLC
NRSF: 196,478
Unit Count: 457

Property: Ideal Self Storage
Location: Howell, MI
Brokers and Brokerage: Adam Schlosser and Charles “Chico” LeClaire of  The LeClaire-Schlosser Group of Marcus & Millichap
Buyer: Compass Self Storage

Property: Freedom Self Storage
Location: Fort Walton Beach, FL
Broker and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 96,960
Unit Count: 768 (571 Climate Controlled and 197 Non-Climate Controlled)

Portfolio: Keepers Self Storage Two-Property Portfolio
Location: New York/New Jersey/Pennsylvania
Broker and Brokerage: Ryan Clark of SkyView Advisors
NRSF: 112,957
Unit Count: 1,433

Property: Extra Space (managed)
Location: Sugar Land, TX
Broker and Brokerage: Dave Knobler and Charles “Chico” LeClaire of  The LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 73,700
Unit Count: 666 (305 Climate Controlled and 361 Non-Climate Controlled)
Year Built: 1999
Acreage: 5.28

Portfolio: Four-Property Portfolio
Location: Medford and Springfield, OR
Broker and Brokerage:  Ali Davis, Rennie Dunn, Bruce Garlinghouse and Nathan Sasaki for Apex Real Estate Partners
NRSF: 266,000
Unit Count: 1,850

Portfolio: Byrd’s Mini Storage Four-Property Portfolio
Sale Price: $5.95M
Location: Gainesville, GA
Broker and Brokerage:  Stacey Gorman and Sam Slocum of the Gorman Group of Marcus & Millichap
NRSF: 72,596

Property: Goldkey Self Storage
Location: Placerville, CA
Broker and Brokerage: Christopher R. Secreto and Daniel Kapic of Marcus & Millichap
NRSF: 119,180
Unit Count: 588
Year Built: 1979
Acreage: 8.34

Property: John Fayard Self Storage
Location: Gulf Shores, AL
Broker and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 48,075
Unit Count: 418 (Climate Controlled)
Acreage: 3.0
Year Built: 2019

Property: Mesa Storage
Location: Odessa, TX
Broker and Brokerage: Jon Danklefs and Arol Horkavy of Marcus & Millichap
NRSF: 16,900
Unit Count: 133

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