Property: Windermere Storage
Location: Orlando, FL
Closing Deal: $23.1 Million
Buyer: Wentworth Properties
Seller: Schrimsher Properties
Square Feet: 89,145
Unit Count: 609 climate-controlled units + 351 parking spaces
Office Building: 2,000 square feet
Property: Cooper Street Plaza Retail Center (For Self Storage Development)
Location: Arlington, TX
Seller: Silver Star Properties REIT, Inc.
Square Feet: 127,696
Occupancy: 90%
Property: Farmington Self Storage
Location: Farmington, NH
Year Built: 1995
Brokers and Brokerage: Luke Dawley, Nathan Coe, Brett R. Hatcher, Thomas Shihadeh and Gabriel Coe of The Hatcher and Coe Group of Marcus & Millichap
Acreage: 3.35
NRSF: 21,247
Occupancy: 100%
Property: Land (for new multi-story self storage facility)
Location: Bartlett, IL
Buyer: Berman-Lapetina
Seller: Abbott Land
Acreage: 3.43 acres
Brokers and Brokerage:
- Rick Scardino, Principal of Lee & Associates (represented the Seller)
- Dan Lynch of Colliers (represented the Buyer)
Property: Max Storage (transition to FreeUp Storage)
Location: Macon, GA
Buyer: Spartan Investment Group
NRSF: 66,705
Unit Count: 515
Warehouse: 13,800 square feet
Property: Self Storage Property
Location: Tacoma, WA
Seller: Hosmer Self Storage LLC
Buyer: Merit Hill Capital
Square Feet: 46,265
Unit Count: 454
Brokerage: The Colliers de Jong | Becher Self Storage Team (represented the Seller)
Highlights:
- Drive-up units
- Indoor vehicle storage
Portfolio: CubeSmart Self Storage Portfolio (3 Property)
Locations: Jacksonville, Tallahassee and Middleburg, FL
Year Built:
- July 2021 (Jacksonville Facility)
- March 2021 (Tallahassee Facility)
- May 2022 (Middleburg Facility)
Brokers and Brokerage: Nathan Coe, Gabriel Coe, Brett Hatcher and Ryan Nee of The Hatcher and Coe Group of Marcus & Millichap
Unit Count: 1,656 climate- and non-climate-controlled units (Combined)
Property Details:
Jacksonville facility:
- Buildings: 6
- Unit Count: 618 units
- NRSF: 69,750
- Acreage: 4 acres
- VPD: 11,800
Tallahassee Facility:
- Buildings: 5
- Unit Count: 583 units
- VPD: 32,500
Middleburg Facility:
- Buildings: 4
- NRSF: 53,115
- Unit Count: 455-unit
- Acreage: 3 acres
- VPD: 41,000
Occupancy:
- 64% (Jacksonville Facility)
- 65% (Tallahassee Facility)
- 44% (Middleburg Facility)
Highlights:
- Gated entry
- 24-hour video surveillance
Property: Andover Street Self Storage
Location: Peabody, MA
Square Feet: 76,396
Unit Count: 1,100
Brokerage: Nathan Coe, Brett R. Hatcher, and Gabriel Coe of The Hatcher and Coe Group of Marcus & Millichap
