Recent Transactions: 5.16.2023 – 5.22.2023


Portfolio:
Watson & Taylor Portfolio (2 properties)
Locations: Galveston and  Baytown,TX
Brokers and Brokerage:
Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne of Versal
Buyer: Andover Properties (dba Storage King USA)
Seller: Steelcreek Baytown Storage, LLC & Steelcreek Galveston Storage, LLC
NRSF: 104,830
Unit Count: 790 units

 

Property: Self-Storage Property (three-story building)
Location: Eatontown, NJ
Year Completed: 2022
Buyer: Strategic Storage Growth Trust III, Inc.
Seller: Merchants Retail Partners
Acreage: 3.1 Acres
NRSF: 65,800
Unit Count: 730 interior climate-controlled units
Vehicles Per Day: 30,000
Highlights:

  • 24-hour security, video surveillance
  • Online account access
  • Gated access
  • Keypad access
  • All-weather loading bay
  • Contactless renting
  • Strong visibility along State Route 35
  • Multiple large retail anchor tenants in the immediate area
  • Monmouth Mall is within a half-mile drive

 

Property: Citrus Park
Location: Tampa, FL
Buyer: Safeguard Self Storage
Gross Square Feet:
100,000
NRSF: 74,500
Unit Count: 789 climate-controlled units

Portfolio: Five Florida Self Storage Development Sites
Locations: Port Charlotte, Jacksonville, Ft Myers, Port St Lucie and Cape Coral, FL
Broker and Brokerage: Josh Koerner of the Weaver Realty Group (Florida & South Georgia affiliate of Argus Self Storage Advisors)
Acreage:

  • Gulfstream Blvd, Port Charlotte – 2.76 acres
  • North Main Street, Jacksonville – 2.78 acres
  • Tamiami Trail, Ft Myers – 3.38 acres
  • Enterprise Dr., Port St Lucie – 2.08 acres
  • Pine Island Dr, Cape Coral – 3.44 acres

NRSF: 700,000

  • Gulfstream Blvd, Port Charlotte – 141,120 GRSF
  • North Main Street, Jacksonville – 127,840 GRSF
  • Tamiami Trail, Ft Myers – 150,000 GRSF
  • Enterprise Dr., Por St Lucie – 135,900 GRSF
  • Pine Island Dr, Cape Coral – 149,846 GRSF

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