Property: Kane Self Storage
Closing Price: $1.57 Million
Location: Marlborough, MA
NRSF: 18,800
Unit Count: 136
Acreage: 1.0
Property: American Storage
Location: Atlantic Beach, FL
Buyer: InSite Property Group
NRSF: 49,331
Unit Count: 504 Drive-Up Units and 39 Parknig Spaces
Occupancy: 97%
Property: CubeSmart (Managed)
Closing Price: $10 Million
Location: Teaneck, NJ
Buyer: StorageBlue
NRSF: 40,000
Property: Walter Hill Self Storage
Location: Murfreesboro, TN
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 45,350
Unit Count: 273 Non-Climate Controlled, Four Offices, Two Apartments and 82 Parking Spaces
Property: CubeSmart (Managed)
Location: Teaneck, NJ
Buyer: Andover Properties
NRSF: 76,000
Acreage: 4.7
Building Count: Four
Property: Storage Depot of Savannah
Location: Savannah, GA
Brokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 111,640 Combined between Two Facilities
Unit Count: 324 Non Climate Controlled, 75 Climate Controlled, 35 Warehouse Spaces and 36 Outdoor Parking Spaces
Occupancy: 96% (Physical)
Highlights:
- Dense and Growing Surrounding Population: 81,448 People Living within Five Miles
- High Daily Traffic Counts: Bourne Ave: 17,200 Cars/Day | Lynah Ave: 6,800 Cars/Day
- New Amazon Fulfillment Center Coming to the Area that Will Add Over 1,000 Jobs
Property: Goffstown Back Road Self Storage
Location: Goffstown, NH
Brokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 64,700
Unit Count: 380 Non Climate Controlled and 71 Climate Controlled Units
Property: Stor-All Self Storage
Location: Alachua, FL
Buyer: Personal Mini Storage
Unit Count: 240
Property: Holly Hill Self Storage
Location: Alexandria, VA
Broker and Brokerage: Ryan Clark and David Zehendner of SkyView Advisors
NRSF: 51,280 Combined between Two Facilities
Unit Count: 544
Opportunity for Expansion: Yes
Portfolio: Tampa Bay Self-Storage Portfolio
Location: Tampa, FL MSA
Broker and Brokerage: Ryan Clark and Bryce Josepher of SkyView Advisors
Buyer: Merit Hill Capital
NRSF: 101,635 Combined between Two Facilities
Unit Count: 890
Acreage: 8.35
Occupancy: 93% (Physical)
Opportunity for Expansion: Yes
Highlights:
- 14 Highly Competitive Offers are Indicative of the Unprecedented Demand for Storage
- No New Facilities Planned within Five Miles of Either Site
- Value-Add Through Apartment Rentals on the Second Floors, Which Are Currently Vacant
- Location in a Top-Ten MSA with a Dense Population and Strong Household Incomes Ensures Success for Years to Come
Property: Yuma Self Storage
Location: Yuma, AZ
Broker and Brokerage: Jeff Gorden of KW Commercial and Argus Self Storage Advisors
Acreage: +/-3.0
Property: Shipshewana Mini Storage
Location: Shipshewana, IN
Broker and Brokerage: John C. Lindsey of the Lindsey Self Storage Group
NRSF: 20,100
