Recent Transactions: 1.09.2024 – 1.15.2024


Property:
Self-Storage Development Site
Location: San Antonio, TX
Buyer:
DD&B Construction
Broker and Brokerage: Jon Danklefs of the Danklefs Group of Marcus & Millichap
Acreage: 3.2 acres

 

 


Property:
Dempewolf Mini Storage
Location: Ponca City, OK
Broker and Brokerage: Jared Jones of Argus
NRSF: 36,355
Highlights:

  • Significant upside available through increased focus on revenue management strategies
  • Future expansion

 

 


Property: Storage Near Me
Location: Kathleen,GA
Buyer: Amerco U-Haul
Broker and Brokerage: Jared Jones of Argus
NRSF: 102,625
Highlights:

  • Significant upside available through increased focus on revenue management strategies
  • Leasing up the recent expansion
  • Institutional quality storage facility

 

 


Property: Stowaway Storage
Location: Rockport, TX
Seller: Curren Companies Inc.,
Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal
NRSF: 34,626
Unit Count: 309 units

 

 


Portfolio: A&J Storage Portfolio
Location: Faribault, MN (five locations)
Brokers and Brokerage: Matt Haugen, Alex Ihrke, Nathan Gottlieb and Tom Flannigan of Argus
NRSF: 152,485
Unit Count:
929 drive up units
Highlights:

  • All facilities were built with Trachte Building System materials on paved lots

 

 

Property: StorCo Self Storage
Location: Long Beach, CA
Seller: CREE Investment Co.
Brokers and Brokerage: Tom de Jong and Jacob Becher of The de Jong | Becher Self Storage Group of Colliers
Acreage: 7.5
Square Feet: 80,000
Unit Count:
772 units (mix of container storage, fixed drive-up and fixed interior units) & 67 parking spaces
Highlights:

  • Has a small billboard
  • 3,100-square-foot commercial building
  • Two-acre industrial outdoor storage parcel located at 1301 E. Spring St.

 

 

Merit Hill Capital, Federal Way, The William Warren Group, King County, StorQuest, William Warren Properties, Puget Sound, Seattle, Greenwood, InSite Property Group, Nickerson Properties
Property: Self-Storage Facility (branded as a StorQuest property)
Location: Federal Way, WA
Closing Deal: $10.6 Million
Seller: Entity affiliated with The William Warren Group
Buyer: Merit Hill Capital
Square Feet: 83,115
Unit Count:
598 units

 

 


Property: SecurCare Self Storage
Location: Winston-Salem, NC
Closing Deal: $1.8 Million
Seller: SecurCare Properties 1
Buyer: SROA 2115 Silas Creek NC (SROA Acquisitions)

 


Property:
Self-Storage Property (operates under the Storage King USA brand)
Location: Norwood, NJ
Buyer: Andover Properties
NRSF:
88,703
Unit Count:
840 non-climate and climate-controlled units
Occupancy: 90%
Highlights:

  • Video surveillance
  • Drive-up access
  • Contactless renting
  • Gated access
  • Retail services
  • On-site management

 

 

The collection of storage facilities now operate under the Overflow Garage brand. Image courtesy of Marcus & Millichap
Portfolio:
Eight-Property Self Storage Portfolio
Location: Dallas-Fort Worth, TX
Acquisition Loan: $11.7 Million
Financed by: Sovereign Bank
Buyer: Tango Development
Managed by: Lone Star Realty Group
Brokers and Brokerage:
Danny Cunningham and Brandon Karr of The Karr-Cunningham Storage Team of Marcus & Millichap
NRSF: 225,275 (Combined)
Highlights:

  • Previously called the Storage Bright Portfolio
  • Now operates under the Overflow Garage brand
  • Video surveillance
  • Keypad access
  • Drive-up units
  • Online bill pay
  • Gated access

 

 


Property: Innisfail Self Storage & RV Parking
Location: Innisfail, Alberta (Canada)
Buyer: Make Space Storage
NRSF: 27,000
Unit Count:
241 self-storage units (16 indoor units, 225 outdoor drive-up units and 57 parking spots)
Highlights:

  • Ability to book, request a quote, and reserve their storage unit, parking spaces and packing supplies online
  • Fully gated facility
  • Portable container rentals
  • Parking spaces

 

Property: U-Lock Mini Storage
Location: Burnaby, BC (Canada)
Broker and Brokerage: Lloyd McDonald of The Storage Acquisition Group (TSAG)
Acreage: 1.5 acres
Square Feet: 99,768
Unit Count: 1,083 climate-controlled indoor storage units and 68 secure parking spaces

 

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Do you have a closed/recent transaction to add? Send us the details at info@listselfstorage.com

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