Recent self-storage transactions reflect strong investor demand across diverse markets, balancing development opportunities, stabilized assets, and value-add potential. High-growth markets like Sarasota and Fort Lauderdale, Florida, attract Class A developments, while niche assets such as Old South Self Storage on Nantucket Island and suburban facilities like My Garage Storage in Humble, Texas, demonstrate resilience with strong occupancy. Portfolio acquisitions, like the 8-property Memphis deal, highlight demand for regional scale, while secondary markets such as Janesville, Wisconsin, and Columbia, Missouri, offer expansion opportunities. Strategic locations, climate control, vehicle storage, and upgraded amenities continue to drive investment appeal, aligning with evolving consumer preferences and demographic growth.
Property: Class A Self-Storage Development Site
Location: Sarasota, FL
Address: 2530 17th Street, Sarasota, FL
Brokerage: Argus Self Storage Advisor Affiliate – Coastal Storage Group (formerly Weaver Realty Group)
Acreage: +/- 2.83 acres
Gross Square Feet: 122,955 (Climate-controlled self-storage building)
Property: Interstate Secure Storage
Location: Janesville, WI
Year Built: 2015
Closing Deal: $2.3 Million
Buyer: Hastings Property Group LLC
Broker and Brokerage: Dan Bowar of Marcus & Millichap
NRSF: 44,250
Unit Count: 233 units
Highlights:
- There are expansion plans for two additional buildings totaling 25,950 square feet
Portfolio: Eight-Property Self-Storage Portfolio
Location: Memphis, TN
Seller: Gelt Ventures
Buyer: Mini Mall Storage Properties
Brokerage: Self Storage Capital Markets team of JLL
NRSF (Combined): 485,000
Unit Count ((Combined): 3,500 units
Highlights:
- Institutional-quality self-storage space
- All of the facilities are located in the Memphis MSA
- Three in Memphis proper, two in the suburbs and three in suburban Mississippi
Property: Self-Storage Development Land
Location: Fort Lauderdale, FL
Address: 1400 Progresso Drive, Fort Lauderdale, Florida
Closing Deal: $6.5 million
Sellr: Broward Automotive, Inc.
Broker and Brokerage: Steve Hyatt of Abacus Acquisitions, LLC/4 Rivers Property Group
Acreage: 3.88 acres
Highlights:
- The buyer plans to develop the property into a 4-building self-storage facility
- Plans already approved for a 150,000 square foot self-storage complex
Property: Old South Self Storage
Location: Nantucket Island, MA
Address: 54 Old South Rd., Nantucket Island, Massachusetts
Year Built: 2018
Brokers and Brokerage: Michael Palladino, Kevin Bledsoe, Matthew Junkin and Thomas Shihadeh of Marcus & Millichap (King of Prussia office)
Square Feet: 17,344
Unit Count: 198 units
Highlights:
- The facility is one of only four storage properties operating on the island
- Has consistently maintained an occupancy rate of 90% to 100%
Property: Self Storage Facility
Location: Lubbock, TX
Address: 2010 Avenue R, Lubbock, Texas
Brokerage: Inland Private Capital Corp. and Devon Self Storage (both part of The Inland Real Estate Group of Cos.)
NRSF: 85,300
Unit Count: 844 climate-controlled units
Highlights:
- Formerly housed an AT&T processing center
- Features a four-story, elevator-served facility
- Has an exterior staging area that allows controlled access to elevators on each floor and drive-up unit capability
Property: Target Masters Storage
Location: Columbia, MO
Address: 4101 Rangeline St, Columbia, Missouri
Buyer: StorageMart
NRSF: 19,850
Unit Count: 146 units
Highlights:
- Plans to expand after initial renovations
- Drive-up units and warehouse space
- Plans to add climate controlled storage options
- Plans to update the facility to meet its high standards of service and convenience
- Improved security measures
- Upgraded lighting
- Additional gated access to ensure customers experience the seamless, secure storage solutions
Property: Self-Storage Property
Location: Truckee, CA
Address: 11999 Highway 267, Truckee, California
Finance by Marcus & Millichap Capital Corporation (MMCC): $19.4 Million
Finance Arranged by: Joel Westle of Marcus & Millichap Capital Corporation (MMCC) arranged the financing on behalf of Airport Self Storage
Square Feet: 54,000
Highlights:
- The property, strategically located near the Truckee Tahoe Airport
- Offers vehicle storage
- Enhanced security features
Property: My Garage Storage
Location: Humble, TX
Year Built: 2002
Brokers and Brokerage: Dave Knobler, Mixson Staffel, Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 2.52 acres
Square Feet: 27,280
Unit Count: 121 climate control units (10,900 NRSF), 88 drive-up non-climate storage units (11,450 NRSF) with 21 outdoor parking spaces included in the unit mix
Highlights:
- Office warehouse building (nearly 5,000 square feet)
- Three metal-framed single-story buildings
- Roll up doors
- Concrete driveways
- Perimeter wrought iron fencing
- Full-service on-site manager’s office
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