Category: Recent Transactions

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…

Recent self-storage transactions reflect strong investor demand, particularly for portfolio acquisitions, expansion opportunities, and tech-enhanced facilities. Institutional investors and REITs are actively growing their market share, with multi-facility acquisitions in high-demand markets like Florida, Texas, Arizona, Chicago, and Indianapolis, where population growth and limited supply drive pricing power. Properties with expansion potential and modern security upgrades remain key investment targets, while specialized assets such as climate-controlled and RV storage continue to attract capital.   Portfolio: ModBox Storage Portfolio (two institutional-quality self-storage facilities) Locations: Brighton and Evans, CO Address (Brighton Facility):…

Self-Storage Transactions Spotlight: Portfolio Expansions, Tech-Driven Investments & Growing Demand Recent self-storage transactions highlight a mix of value-added acquisitions, portfolio expansions, and technology-driven investments across high-demand markets like New Jersey, Virginia, Texas, Florida, and California. While location and strong demand fundamentals remain key investment priorities, investors increasingly focus on technology and amenities to drive value. Properties like SecureSpace Arlington and Storage King USA are integrating AI-enabled security, contactless leasing, and 24/7 surveillance, reflecting the industry’s shift toward automation and efficiency. Portfolio growth remains a dominant strategy, with Strategic Storage Growth…

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: Self-Storage Facility Location: Robertsdale, AL Address: 192 Wren Lane South, Robertsdale, Alabama Brokers and Brokerage: Bill Barnhill, CCIM, Stuart P. LaGroue, Sr. and Sharon Wright, CCIM of Omega Properties, Inc., affiliates for Argus Self Storage Advisors Acreage: 0.55 acre NRSF: 4,262 Unit Count: 50 units Facility Frontage: U.S. Highway 90   Property: Fully Leased Industrial Outdoor Storage 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: Self-Storage Development Property Location: Hoover, AL Address: 3400 Old Columbiana Road, Hoover, Alabama Closing Deal: $800,000 Seller: Eagle West, LLC. Brokers and Brokerage: Lee Thornton, Eddie Greenhalgh of Marcus & Millichap (Birmingham office) represented the seller and Jack Peterson of Colliers represented the buyer Acreage: 2.6 acres   Property: Bunker Hill Storage Location: Kemp, TX Address: 16131 US-175,…