Tom Gustafson is the National Director of the Colliers International Self Storage Practice Group, a Sales Investment/Debt Equity brokerage team for Colliers International. Combined with the Colliers Valuation and Loan Origination teams, Tom is servicing owners and sellers in creating value to their portfolios and navigating the sales process through this higher interest rate environment. Tom and his team have transacted over $1 billion in self-storage assets since the team’s formation in 2014. Let Tom assist you in understanding the best course of action for your assets by providing a…
Author: Shinil Krishnan
Recent Transactions: 3.05.2024 – 3.11.2024
Property: CP’s Stor-It Location: West Burlington, IA Brokers and Brokerage: Nathan Gottlieb, Alex Ihrke, Matt Haugen, and Tom Flannigan of Argus Acreage: 2.03 acres (primed for expansion) NRSF: 16,064 Property: Sassy’s U-Lock It Location: Pine Bluff, AR Address: 3015 S Midland Dr, Pine Bluff, AR 71603 Year Built: 1978 Brokers and Brokerage: Frank DeSalvo & David Perlleshi of Franklin Street NRSF: 14,040 Unit Count: 101 Seller Testimonial: “Working with David and Frank at Franklin Street made the process of selling my facility easy and seamless. Their professionalism, market…
State-of-the-Art Security Helps Keep Belongings Safe at the New Mouser Self-Storage in Alvarado, TX
Affordable storage for personal items, cars, boats and RVs is now available at the new Mouser Self Storage in Alvarado. Over the past year, more than 300,000 square feet of office/warehouse space has been added to the 917 Industrial Park located at 4500 – 4584 JD Mouser Parkway in Alvarado, Texas. As part of the expansion, a secure self-storage with state-of-the-art security systems was constructed as well. Mouser Self Storage features gated access, round-the-clock video surveillance, and NokeONE Smart Entry (a Bluetooth electronic lock accessible by phone) for each individual…
One Stop Self Storage Opens its Largest Facility in Milwaukee, WI
One Stop Self Storage is excited to announce the opening of its largest facility at 3742 W Wisconsin Ave in Milwaukee, WI. The company is dedicated to providing convenient and reliable self-storage solutions for individuals and businesses in the local community. With its exceptional customer service and flexible rental options, One Stop Self Storage aims to become the go-to choice for all storage needs. Strategically located in the heart of Milwaukee, the new One Stop Self Storage facility offers unparalleled convenience for residents and businesses alike. With easy access to…
Talonvest Secures $22.5 Million Financing For Metro Self Storage Properties in Southeast US (Franklin, TN; Riverview & Orlando, FL; and Austell, GA)
Talonvest Capital and Metro Self Storage finalize a $22.5 million financing deal for expansion across the southeastern US, marking significant growth. Talonvest Capital, Inc., teamed up with Metro Self Storage to finalize a substantial $22.5 million financing agreement for a portfolio encompassing four properties across the southeastern United States. This strategic move bolsters Metro Self Storage’s presence in key suburban areas near Nashville, Tampa, Orlando, and Atlanta. With a total of 2,382 units and 282,396 net rentable square feet, this deal marks a significant expansion for the storage company. The…
U-Haul Moving & Storage is Slated For Completion By 2026 in Locust Grove, GA
The recent acquisition of 5.46 acres at 00 Tanger Blvd. has set the stage for Locust Grove’s first U-Haul® self-storage, retail and moving facility. U-Haul Moving & Storage Locust Grove at Tanger Blvd. is slated for completion by 2026. U-Haul acquired the property on Jan. 2. A multi-story self-storage building will include more than 700 indoor rooms with climate-control and high-end security features at affordable price points. Customers will also have access to a retail showroom that offers boxes, moving supplies, hitch accessories, bike racks and more. Moving truck rentals,…
Airport 63 Storage Opens Self-Storage Facility With High-Tech Security in Ashland, OM
Airport 63 Storage in Ashland offers secure and convenient self-storage solutions with advanced security features, climate-controlled units, and outdoor parking spaces. Contact us now for your storage needs! With the arrival of spring, many are looking to declutter their homes and find secure storage solutions. In Ashland, a new business, Airport 63 Storage, has emerged as a beacon of hope for those in need of extra space. Located at 11550 South Hardwick Lane, this facility is not only easily accessible from the highway but also comes with the assurance of…
Developer Eyes Conversion of Former Sears at Greece Mall into Self-Storage Facility in Rochester, NY
A New Hampshire-based developer is planning to convert the former Sears store at the Mall at Greece Ridge Center into a self-storage facility. True Storage, LLC, specializes in conversion of existing big-box stores into self-storage facilities managed by third-party operators such as Cube Smart, National Storage and Store Space. The company is seeking from the town of Greece Planning Board approval to convert the 125,000 square feet of space in the former Sears store. Utility and landscaping upgrades are part of the proposal, according to town of Greece Planning Board…
SecureSpace Announces Opening of New Self-Storage Facility in San Bernardino, CA
Continuing its expansion in Southern California, SecureSpace Self Storage today announced the grand opening of a new self-storage facility, SecureSpace San Bernardino, located in and serving the city of San Bernardino, California. The newly-built Class A facility is strategically located at 1300 East Highland Ave and offers 87,365 square feet of storage, a majority being climate-controlled interior and climate-controlled drive-up units, with sizes ranging from 5’x5’ to 10’x40’. The facility sits on the heavily trafficked East Highland Avenue, near Interstate 210, making it highly accessible to the nearby densely populated…
Silver Star Properties’ Subsidiary Successfully Confirms Chapter 11 Plan as Major Step Towards Redeployment Into Self-Storage Asset Class
Silver Star Properties REIT, Inc. (“Silver Star” or the “Company”) is a self-managed real estate investment trust that is currently repositioning in an orderly manner into the self-storage asset class. Hartman SPE, LLC (the “SPE”), an indirect subsidiary, which owns legacy office, retail, and industrial properties today announced “the United States Bankruptcy Court for the District of Delaware confirmed in all respects the SPE’s Combined Disclosure Statement and Chapter 11 Plan.” Under the Chapter 11 Plan, the SPE will continue to conduct an orderly sale of its assets to pay…