Recent Transactions: 12.17.2024 – 01.06.2025

Stay up-to-date on the latest self-storage transactions happening nationwide! If you have a recent transaction to share, let us know—your updates help keep our community informed.

Property: Self Storage MN
Location: Elk River, MN
Year Built / Expanded: 2021 / 2024
Buyer: Acorn Mini Storage
Brokers and Brokerage: Matt Haugen, Alex Ihrke, Nathan Gottlieb, and Tom Flannigan of Argus Self Storage Advisors ( Minnesota, Iowa and North and South Dakota Broker Affiliates)
Acreage: 8 acres
NRSF: 41,650
Unit Count: 190 drive-up units

Property: Park South Storag
Location: Bessemer, AL
Address: 6282 Park South Dr., Bessemer, Alabama
Closing Deal: $1.95 Million
Year Built: 2003
Seller: Park South Storage, LLC
Buyer: Edwin B. Lumpkin, Jr.
Brokers and Brokerage: Greenhalgh and Lee Thornton of Marcus & Millichap (Birmingham office)
Acreage: 2.48 acres
NRSF: 33,600 (with an existing pad for expansion)
Unit Count: 158 units (mix of climate-controlled and non-climate-controlled units)

Property: Route 59 Self Storage
Location: Plainfield, IL
Address: 24111 Theodore St., Plainfield, Illinois
Year Built: 1994
Seller: Route 59 Self Storage, Inc.
Brokers and Brokerage: Sean Delaney of Marcus & Millichap (Chicago Oak Brook office)
Acreage: 7.15 acres
NRSF: 46,950
Unit Count: 317 non-climate-controlled units and 150 outdoor RV and parking spaces
Highlights:

A Mom-and-Pop-owned and -operated property in a thriving suburb of Chicago, adjacent to a Walmart
Rental rates were 30% to 60% below market, and there was no advertising, no website, and no tenant insurance offerings
Fully fenced facility
Additionally, the property included land available for expansion – offers expansion potential for two additional buildings

Property: Guys Storage
Location: Fairfield, CA
Brokerage: Performance Self Storage Group Inc.

Property: Brock Self Storage
Location: Myrtle Beach, SC
Address: 200 Whitty Dr, Myrtle Beach, SC 29579
NRSF: 47,260
Unit Count: 265 units
Year Opened: June 2020
Highlights:

This Opportunity Presents a Low CapEx Requirement as One of the Newest Facilities Built in the 5-Mile Radius
Myrtle Beach has Been Named the Fastest Growing City in the United States for Three Straight Years (2021, 2022, & 2023)
Prime Opportunity to Acquire a Class-A Facility in the Attractive Location of Myrtle Beach, South Carolina

Property: Alum Rock Self Storage
Location: San Jose, CA
Address: 2487 Alum Rock Ave, San Jose, CA 95116
NRSF: 59,810
Unit Count: 797 units
Highlights:

Prime Opportunity To Acquire a Class-A Facility That Operates at 99 Percent Occupancy
Visibility Sitting Right off Major Highway I 680 With 191,000 VPD
Other Three Vantage Points Total in 83,000 VPD
Over a Half a Million People Within a Five-Mile Radius

Property: Storelocal Grain Valley
Location: Grain Valley, MO
Address: 1600 SW Eagles Pkwy, Grain Valley, MO 64029
NRSF: 93,600
Unit Count: 593 units
Highlights:

Opportunity to acquire an established Self Storage Asset with multiple value-add opportunities in Kansas City, MO, USA

Portfolio: Two Self-Storage Facilities
Locations: Washington, D.C., and San Jose, CA
Address 1: 1401 22nd Street SE, Washington, D.C.
Address 2: 2487 Alum Rock Avenue, San Jose, CA
Buyer: SmartStop Self Storage REIT, Inc.
The Washington, D.C., Facility:

Class A five-story building
74,300 net rentable square
830 fully climate-controlled units
Two elevator access points facilitate customer access
Vehicles Per Day: 167,000 vehicles

The San Jose Facility:

Three building facility
59,650 net rentable square
650 storage units (exterior non-climate-controlled drive-up units and interior non-climate-controlled units)
Features two elevator access points
Vehicles Per Day: 244,000 vehicles

Portfolio: Two Self-Storage Facilities
Location: Chicago, IL
Closing Deal: $11.2 Million
Seller: Honore Holdings
Buyer: SmartStop Self Storage REIT, Inc.
Brokers and Brokerage: Jeffrey Herrmann and Sean Delaney of Marcus & Millichap (Chicago Oak Brook office)
NRSF: 50,858
Unit Count (Lawrence Avenue facility): 313 climate-controlled and 95 non-climate-controlled units
Unit Count (Clark Street facility): 108 climate-controlled and 239 non-climate-controlled units
Highlights:

The portfolio includes two Honore Storage locations at 3215 W. Lawrence Ave. and 5145 N. Clark Street

Property: Public Storage (Managed) of Sugar Hill
Location: Sugar Hill, GA
Brokers and Brokerage: Ian Lindahl, Adam Schlosser, Chico LeClaire and John Leonard of The LeClaire-Schlosser Group of Marcus & Millichap
Square Feet: 73,060
Highlights:

Public Storage (Managed) is in the premier market location along the town’s major retail corridor providing over 64,500 passing vehicles per day with 270 feet of frontage on Cumming Highway
The three-mile population is 54,462 and the average household income is $144,119

Property: Guardian Storage Aurora
Location: Aurora, CO
Address: 3633 Walden Circle in Aurora, Colorado
Year Built: 2019
Brokers and Brokerage: Ben Vestal, Cole Carosella and Matthew Cox of Argus Self Storage Advisors (Colorado Broker Affiliates)
NRSF: 87,438
Unit Count: 742 climate-controlled units
Occupancy: 90%
Highlights:

Exterior drive-up access buildings

Property: Thornapple Self Storage
Location: Middleville, MI
Address: 3451 North M-37 Hwy, Middleville, MI
Year Built: 2023
Buyer: Mitra Investment Partners (Mitra Diversified Fund I portfolio)
Highlights:

The acquisition was completed through a master lease agreement with the option to purchase, where Mitra leased the property for one year before successfully closing the transaction
Offers the high-quality features that customers prefer while ensuring long-term durability and operational reliability

Property: Self-Storage Property
Location: McAllen, TX
Address: 301 Trenton Rd., McAllen, Texas
Year Completed: 2023
Seller: Batson-Cook Development Co., and Bakke Development
Buyer: Reframe Holdings
Finance: Extra Space’s bridge loan program
Property Manager: Extra Storage Space
Brokers and Brokerage: Matthew Wheeler, Adam Roossien, Steve Mellon, Ben Pollack and John Bauman of the JLL Self Storage Capital Markets
Acreage: 2.82 acres
Square Feet: 85,755
Unit Count: 771 climate-controlled units
Highlights:

Three-story property
Gated facility
On-site manager
Drive-up aisles

Portfolio: Three-Property Self-Storage Portfolio [Fenton Self Storage, Fenton Self Storage West, and Hillsboro All Purpose Storage]
Location: St. Louis, MO
Broker and Brokerage: Larry Goldman of Goldman Investment Advisors, broker affiliate of Argus Self Storage Advisors
NRSF (Combined): 223,770
Unit Count (Combined): 1,108 units [traditional storage spaces, climate-controlled units, and outdoor parking spaces for boats and RVs]
Highlights:

Fenton Self Storage: 70,400 RSF with 386 units and a 91% occupancy rate
Fenton Self Storage West: 60,240 RSF with 182 units and an 86% occupancy rate
Hillsboro All Purpose Storage: 93,130 RSF with 540 units and a 79% occupancy rate
The portfolio boasted significant expansion opportunities, including approved plans for additional storage buildings at Fenton Self Storage West and recent expansions at Hillsboro All Purpose Storage

Property: 4542 Veterans Parkway [for self-storage development]
Location: Murfreesboro, TN
Broker and Brokerage: Andrew Beeckman of Marcus & Millichap [Nashville office]
Acreage: 9.5 acres
Square Feet: 104,850
Highlights:

The development site will include a Class A, institutional-grade climate-controlled storage facility
Plans also call for commercial and retail pads totaling approximately 49,700 gross square feet
The site is adjacent to an existing retail shopping center anchored by a Kroger grocery store in a growing area of Murfreesboro

Property: Elite Self Storage
Location: Waxahachie, TX
Buyer: Cedar Creek Capital
Brokers and Brokerage: Brandon Karr and Danny Cunningham of The Karr-Cunningham Storage Team of Marcus & Millichap [Fort Worth office]
Unit Count: 184 units [148 climate-controlled and 36 non-climate drive up units]
Highlights:

Personalized key-pad gated entry
Wide concrete driveways
Perimeter lighting
24-hour video surveillance cameras
Garage-style roll up doors

Property: Village Storage
Location: Fruitland Park, FL
Address: 444 County Road 466A, Fruitland Park, Florida
Closing Deal: $13 Million
Year Constructed: 2017
Seller: B&D Self Storage
Buyer: Public Storage
Brokers and Brokerage: Nick Walker and Morgan Windbiel of CBRE’s Self Storage Advisory Group
Acreage: 4.9 acres
Square Feet: 66,755
Unit Count: 602 units
Occupancy: 95% occupied at the time of sale
Highlights: