Recent Transactions: 5.23.2023 – 5.29.2023

Portfolio: Fortress Self Storage Portfolio (Four properties)
Location: Lawton, OK
Broker and Brokerage: Jared Jones of Jones Investment Real Estate (Oklahoma affiliate of Argus Self Storage Advisors)
NRSF: 198,802
Highlights:

The property has significant upside available through;

  • Increased focus on revenue management strategies
  • Implementation of tenant protection/programs and future expansion

 

Property: Self-Store-It
Location: Cheshire, CT
Year Built: 2014
Year Opened for Business: December 2021
Broker and Brokerage: Nathan Coe, Brett Hatcher, Gabriel Coe and John Krueger of The Hatcher Coe Group of Marcus & Millichap
NRSF: 18,745
Unit Count:
273 climate-controlled units

 

Extra Space Storage Tucson. Image courtesy of Rosewood Property Co
Property: Tucson Storage Asset
Location: Tucson, AZ
Closing Deal: $13.6 Million
Buyer: Rosewood Property Co.
Seller: Verdad Real Estate
Broker and Brokerage: Barbara Guffey of Blue Horizon Storage
NRSF: 66,429
Unit Count:
661 climate-controlled units
Highlights:

  • On-site amenities include moving carts, elevators, electronic gate access and video surveillance

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