Property: Cherry Ave Self Storage
Location: Fresno, CA
Address: 1844 S Cherry Avenue, Fresno, California
Closing Deal: $8.2 Million
Year Built & Expanded: 1918 & 2022
Buyer: PSC Fresno, LLC (an affiliate of Pratt Street Capital, LLC)
Broker and Brokerage: Brian Somoza of the Investment Sales and Advisory team of JLL Capital Market
Acreage: 5.74 acres
Unit Count: 1,085 units
Vehicles Per Day: 1,000
Highlights:
- Consists of a three-story building and 12 one-story buildings
- Drive-up units
- Freight elevators
- Boat and RV parking
- Newly renovated office (262 square feet)
Property: Affordable Storage
Location: Alvin, TX
Year Built: 1982 (climate-control buildings were built in 1994)
Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 3.01 acres
Square Feet: 61,960
Highlights:
- Has eight single-story buildings
- Video surveillance throughout the property
- Automatic entrance gate with key code access
- Roll-up doors
- Concrete driveways
- Full-service on-site manager’s office with an onsite residence
Property: Lakeside Boat & RV Storage
Location: Lake Havasu City, AZ
Closing Deal: $5.3 Million
Broker and Brokerage: Jeff Gorden of the Keller Williams Commercial – Broker Affiliate for the Argus Self Storage Advisors
NRSF: 64,040
Unit Count: 128 units
Portfolio: True Storage Portfolio (10-facility self-storage Portfolio)
Locations: MA, ME, FL, GA, KY, MN, RI, PA, and NH
Brokers and Brokerage: Bill Sitar, John Cranley, Andrew Burchinsky and Monty Spencer of The Storage Acquisition Group (TSAG)
Property: U-Lock-It Mini Storage
Location: Cleburne, TX
Address: 3233 N Main St in Cleburne, Texas
Brokers and Brokerage: Danny Cunningham and Brandon Karr of the Karr-Cunningham Storage Team of Marcus & Millichap
NRSF: 27,120
Property: Lorena Mini Storage
Location: Lorena, TX
Address: 1530 N Houston St in Lorena, Texas
Brokers and Brokerage: Danny Cunningham and Brandon Karr of the Karr-Cunningham Storage Team of Marcus & Millichap
NRSF: 22,794
Property: Self Storage Facility (CubeSmart managed)
Location: Kenosha, WI
Buyer: Inland Real Estate Acquisitions LLC
Seller: Macritchie Group
Brokers and Brokerage: Adam Schlosser, Charles LeClaire, Jack Sullivan and Matthew Tice of The LeClaire-Schlosser Group of Marcus & Millichap
Square Feet: 90,900
Unit Count: 900 climate-controlled units
Highlights:
- Two-story property
- Two covered loading bay areas
- Large leasing office
- 24/7 video monitoring and alarm system
Property: Self Storage Facility
Location: West Gardiner, ME
Address: 17 Town House Road, West Gardiner, Maine – 04345
Year Built: 2023
Closing Deal: $2.1 Million
Buyer: 17 Town House Road, LLC
Seller: West Gardiner Self Storage, LLC
Brokers and Brokerage (Seller): Brandon Mitchell of Malone Commercial Brokers
Brokers and Brokerage (Buyer): Jordan Stolt of Summit Real Estate
Acreage: 7.5 acres
Square Feet: 26,000
Highlights:
- All new buildings with a newly paved lot finished in August 2023
- Five storage unit buildings
Portfolio: StorageBlue Self-Storage Portfolio
Locations: Hoboken, Jersey City, Union City, Newark, and Garfield, NJ
Brokers and Brokerage: Nathan Coe, Gabriel Coe, Brett Hatcher and John Horowitz of The Hatcher Coe Group of Marcus & Millichap
Highlights:
- The portfolio contains a mix of climate-controlled and non-climate-controlled units
- The portfolio consists of multiple multi-story assets
- Street frontage
- Outdoor parking
- Keypad entry systems
- 24-hour video surveillance
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