Recent Transactions: 6.06.2023 – 6.12.2023

Property: Central Virginia Stabilized Self Storage Portfolio
Location: Oklahoma City, OK
Buyer: LSC Development
Brokers and Brokerage: Michael Brewster, Drew Quinn, Brad Peterson, El Warner and Charley Simpson of Colliers
Square Feet: 161,190
Highlights:

  • Plans for an adaptive reuse project including retail outlets and a self storage facility

 


Property:
Storage General Cedar
Location: Cedar City, UT
Buyer: Utah Built LLC
Seller: Garn Development
Brokers and Brokerage: Jordan Farrer and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 456,758
Unit Count:
2,133 units
Highlights:

  • Electronic gate access
  • Drive-up units with roll-up doors
  • Wide drive aisles
  • RV/boat/trailer storage and parking
  • Commercial shops available for rent
  • Online rentals and unit management

 

ClearHome Self Storage - Green Bay
Property: Self Storage Facility (re-branded to ClearHome Self Storage – Green Bay)
Location: Green Bay, WI
Buyer: VanWest Partners (for VanWest Storage Fund III)
NRSF: 150,852
Unit Count: 823 units

 

Compass Self Storage enters market with acquisition of a self storage center in Spring, Texas.
Property:
Self Storage Facility
Location: Spring, TX
Buyer: Compass Self Storage
Brokers and Brokerage: Charles LeClaire and Dave Knobler of The LeClair Group of Marcus & Millichap
Highlights:

  • Easy access, drive-up units
  • Variety of unit sizes with climate-controlled units
  • Individual access control
  • 24-hour digital surveillance
  • Truck rental
  • Outdoor parking spaces
  • Fully fenced

 

Property: Atlas Self Storage
Location: Midland, TX
Buyer: KO Storage
Brokers and Brokerage: Adam Roossien, Matthew Wheeler, Steve Mellon and Brian Somoza of the Investment Sales and Advisory team of JLL Capital Markets
Square Feet:
18,120
Unit Count: 18,120 units
Physical Occupancy: 95%

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