Recent Closings: 4.26.2022 – 5.2.2022

Property: AFStor Newly Constructed Facility
Closing Price: $19.7 Million
Location: Newark, DE

Buyer: SmartStop/Strategic Storage Trust VI
NRSF: 80,650
Unit Count: 830 Climate-Controlled Units

Property: AFStor Newly Constructed Facility
Closing Price: $21 Million
Location: Levittown, PA

Buyer: SmartStop/Strategic Storage Trust VI
NRSF: 78,000
Unit Count: 810 Climate-Controlled Units

Property: CubeSmart Self Storage (Managed)
Closing Price: $15 Million
Seller: 345 Shrewsbury Storage
Location: Worcester, MA

NRSF: 105,000

Property: Storage Station
Location: Concord, NH

Buyer: Storage Ventures
NRSF: 37,000
Unit Count: 385
Year Built: 1988

Property: A-1 Storage
Location: Pearland, TX

Brokers and Brokerage: Brandon Karr, Dave Knobler and Danny Cunningham of Marcus & Millichap
NRSF: 18,615

Property: Storage Depot
Location: Beaumont, TX

Brokers and Brokerage: Brandon Karr, Dave Knobler and Danny Cunningham of Marcus & Millichap
Buyer: Riverbend Development
NRSF: 59,120

Property: City Line Self Storage
Location: Johnstown, NY

Brokers and Brokerage: Nathan Coe, Brett Hatcher, Luke Dawley and Gabriel Coe of Marcus & Millichap
NRSF: 21,600
Unit Count: 220
Occupancy: 100% (Physical)
Room for Expansion: 7,600 NRSF
Highlights:

  • Multiple Offers Above List Price
  • Closed Above List Price
  • 24/7 Self-Service Kiosks
Property: Vancouver Self Storage
Closing Price: $25 Million
Location: Vancouver, WA

Brokers and Brokerage: Brian Somoza and Steve Mellon of JLL
Unit Count: 1,134 Climate-Controlled Units
Acreage: 1.14
Year Built: 2020

Property: Castle Park Mini Storage
Closing Price: $10.25 Million
Location: Atwater, CA

Brokers and Brokerage: Bobby Loeffler and Tyler Skelly of the Loeffler Self Storage Group
NRSF: 63,490
Unit Count: 781
Acreage: 8.76
Occupancy: 99%

Property: A-1 Storage
Location: Pearland, TX

Brokers and Brokerage: Brandon Karr, Dave Knobler and Danny Cunningham of Marcus & Millichap
NRSF: 18,615

Property: CubeSmart Managed Self Storage Facility
Location: Bourne, MA

Brokers and Brokerage: Bill Sitar, Thomas Palumbo and Monty Spencer of The Storage Acquisition Group
NRSF: 111,653
Unit Count: 1,033

Property: Storage Post-Managed Facility
Location: New York, NY
Buyer: Storage Post
NRSF: 92,470

Related posts