Recent Transactions: 02.11.2025 – 02.17.2025

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 Transactions: 02.04.2025 – 02.10.2025

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,…

Inland Real Estate Investment Co. and Devon Self Storage Holdings Have Completed Two Class-A Self Storage Properties in Baton Rouge, LA and Holly Hill, FL

Inland Real Estate Investment Co. and Devon Self Storage Holdings have completed two Class A self storage properties, one in Baton Rouge, La., and the other in Holly Hill, Fla. The facilities opened in mid-January and feature a total of 2,099 units. That same month, Inland Real Estate Group of Cos. purchased a majority interest in Devon Self Storage Holdings to expand its self storage portfolio. The companies have been working together since 2018. The 90,760-square-foot property in Baton Rouge is at 415 N 15th St. The building rises four…

Early Lease-Up Asset Sold in Renowned Stone Oak Neighborhood San Antonio, TX

Versal Partners is pleased to announce the sale of an early lease-up asset in the renowned Stone Oak neighborhood of San Antonio, Texas. This newly constructed property features 648 climate-controlled units spanning 68,127 NRSF across four floors. The site’s topography allowed the facility’s basement to act as an additional first floor, giving the ability to achieve first-floor rates across two separate floors. 58% of the facility’s NRSF is located on these first-floor levels. The property’s construction makes it a class-A self-storage facility in its own right, but its location in…

Recent Transactions: 01.28.2025 – 02.03.2025

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.   Portfolio: Nine-Property Self-Storage Portfolio Location: Midland and Odessa, TX Seller: Extra Space Storage Buyer: AVAD Capital Brokers and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of Capital Markets Investment Sales and Advisory Team of JLL NRSF: 782,998 Unit Count: 5,180 units Highlights: The assets are positioned in the Permian Basin, the highest producing oil field in…

Recent Transactions: 01.21.2025 – 01.27.2025

The latest self-storage transactions reflect varied investment strategies across diverse markets, focusing on growth potential and local demand dynamics. These deals highlight operators’ confidence in self-storage as a resilient asset class, from acquisitions in growing secondary markets to new developments in under-supplied areas. Investments like these highlight a focused strategy for capturing demand by leveraging factors such as automated features, locations near universities, or meeting the needs of suburban communities, all while addressing market-specific opportunities and positioning for immediate and long-term growth.     Property: 24-7 Automated Storage Location: Henderson,…

Extra Space Storage Inc. Has Acquired Yellow Door Storage – Northgate in Denton, TX

Extra Space Storage Inc. has acquired Yellow Door Storage – Northgate, a 520-unit self storage facility in Denton, Texas, from NorthBridge Realty Holdings. JLL represented the seller and procured the buyer. The self storage facility is currently subject to a $5.3 million construction loan originated by Washington Federal Bank in 2021. JLL Capital Markets Managing Directors Steve Mellon and Brian Somoza, together with Directors Adam Roossien and Matthew Wheeler, worked on behalf of the NorthBridge in securing the deal. Yellow Door Storage – Northgate, up close The 65,600-rentable-square-foot facility came…

Recent Transactions: 01.14.2025 – 01.20.2025

Recent self-storage transactions reflect a mix of strategic activity across development, value-added, and stabilized asset opportunities. Transactions included Class A developments, fully entitled sites in growth markets, and acquisitions in high-density areas with limited supply, such as New Jersey. Value-add deals also stood out, with facilities offering operational diversity or future expansion potential, highlighting the sector’s steady focus on balancing growth opportunities in emerging markets with reliable investments in established areas.   Property: TCJ Storage Solutions & Commercial Suites Location: St. Cloud, MN Brokers and Brokerage: Tom Flannigan, Alex Ihrke,…

Recent Transactions: 01.07.2025 – 01.13.2025

    Property: Coastal Boat & RV Storage Location: Brunswick, GA Brokerage: Coastal Storage Group, broker affiliate of Argus Self Storage Advisor [Coastal Storage Group rebranded from Weaver Realty in January of 2024 and has been the Argus Self Storage Advisor Affiliate since 1999 covering the state of Florida and now the South Georgia territory.] Acreage: 5.26 acres Unit Count: 115 parking spaces, 16 fully enclosed parking bays, and 2 retail office spaces     Property: Two Self-Storage Facilities Location: Pulaski, WI Asking Price: $4.275 Million Brokerage: Jonathan Glassco and…

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,…