Category: Recent Transactions

This past week’s transactions reflect steady investor demand across Texas, Utah, and New York, focused on stabilized assets in secondary and suburban markets. The sale of Overflow Garage in Corpus Christi reflects continued interest in high-growth Texas metros. At the same time, Moove In’s acquisition in Hudson Valley, New York, strengthens its presence in the Northeast – a region marked by limited supply, strong household incomes, and consistent storage demand. Overall, the transactions point to a measured investment strategy prioritizing operational upside and/or expansion potential with strong long-term performance fundamentals.…

The self-storage transactions from April 15-21, 2025, reflect a mix of investment strategies shaped by regional growth and evolving consumer needs. From high-demand suburban hubs like Westland, MI and Carrollton, TX, to emerging secondary markets like Clovis, NM, buyers pursued assets offering a balance of scale, expansion potential, and revenue upside through operational efficiencies. Some acquisitions aimed to strengthen local market presence, while others focused on facilities with diversified unit mixes and long-term growth potential. Collectively, the deals highlight sustained investor interest in well-positioned, adaptable assets across both established and…

Recent self-storage transactions highlight varied strategies, from acquisitions in growing markets to developments in under-supplied areas. Operators leverage automation, prime locations, and local demand to drive immediate and long-term growth.   Property: Grand Storage Location: Butte, Montana Year Constructed / Expanded: 2004 / 2023 Brokers and Brokerage: Jordan Farrer (First Vice President of Investments – Salt Lake City office) and Adam Schlosser (Senior Managing Director – Denver office) of The LeClaire-Schlosser Group of Marcus & Millichap Acreage: 3.41 acres Square Feet: 33,980 Unit Count: 266 units Highlights: Grand Storage in…

Investor activity in early April highlights a strong demand for self-storage assets across varied markets and strategies. Deals ranged from ground-up development in Miami to stabilized acquisitions in Texas, with a $65 million portfolio transaction in Houston underscoring investors’ long-term optimism and confidence in the self-storage sector. Multi-property deals and retail conversions point to a focus on scale, flexibility, and creative reuse – particularly in dense suburban markets with strong demographics.     Property: Class A Self-Storage Development Site (fully entitled 7-stories development site) Location: Miami, FL Address: 2210 NW…

Property: Driftwood Self Storage (Class A facility) Location; Austin, TX Address: 9900 Darden Hill Rd., Austin, Texas Year Completed: 2021 Seller: The Jenkins Organization, Inc. (JLL represented the Seller) Buyer: Platinum Storage Group. (JLL procured the Buyer) Brokers and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of JLL Capital Markets Acreage: 13.46 acres Square Feet: 96,433 Unit Count: 482 units Occupancy: 93.4% Highlights: The facility is surrounded by new housing developments near the rapidly growing Highpointe and Driftwood neighbourhoods Driftwood Self Storage is the only self-storage facility…

Recent self-storage transactions reflect continued investor activity across a range of market conditions. While markets like Cheyenne (WY), Albany (GA), and Houston (TX) are all highly saturated – with supply ranging from 11 sf to 22 sf per capita – investors remain focused on localized demand drivers. Houston and Cheyenne benefit from larger populations, while demand in Albany is fueled by business use linked to various industries housed in the region and its role as a commercial hub in Southwest Georgia. In contrast, markets like Providence (RI) offer a compelling…

This past week’s self-storage transactions highlight sustained momentum, with activity spanning established urban centers and rapidly growing suburban markets. Key deals include an institutional portfolio acquisition in Chicago, suburban expansions in Texas, and a major retail conversion in Irving, reflecting a broader shift towards high-growth, underpenetrated markets. These transactions underscore self-storage’s strong fundamentals, with investors focusing on prime locations, cost-effective operations, and assets with long-term growth potential.     Property: Huffman 2100 Storage Location: Huffman, TX Address: 23000 FM 2100, Huffman, Texas Year Built: 2018 (35% of the facility was…