Category: Recent Transactions

Recent self-storage transactions reflect a mix of strategic activity across development, value-add, 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,…

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,…

Recent self-storage transactions reflect strong investor demand across diverse markets, balancing development opportunities, stabilized assets, and value-add potential. High-growth markets like Sarasota and Fort Lauderdale, Florida, attract Class A developments, while niche assets such as Old South Self Storage on Nantucket Island and suburban facilities like My Garage Storage in Humble, Texas, demonstrate resilience with strong occupancy. Portfolio acquisitions, like the 8-property Memphis deal, highlight demand for regional scale, while secondary markets such as Janesville, Wisconsin, and Columbia, Missouri, offer expansion opportunities. Strategic locations, climate control, vehicle storage, and upgraded…

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: Interstate Secure Storage Location: Janesville, WI Address: 3031 E. County Road O, Janesville, Wisconsin Year Built: 2015 Closing Deal: $2.3 Million Buyer: Hastings Property Group LLC Broker and Brokerage: Dan Bowar of Marcus & Millichap (Milwaukee office) NRSF: 44,250 Unit Count: 233 units Highlights: Currently plans to expand Has two additional buildings totaling 25,950 square feet     Property: Lake Wales Storage…

Property: Hinckley Storage Location: Hinckley, MN Brokers and Brokerage: Nathan Gottlieb, Matt Haugen, Alex Ihrke, and Tom Flannigan of Argus Self Highlights: The facility consists of all steel, drive up units Fully occupied facility Plans to implement software and revenue management   Property: Boon Self Storage Location: North Chili, NY Year Built: 2021 Buyer: Mitra Investment Partners(for its Mitra Diversified Fund I portfolio) Highlights: Fully occupied self-storage property Reflects strong local demand for quality storage options Plans to lease the on-site industrial-flex space will unlock additional value and diversify revenue…

      Property: StorageStar Harbor Location: San Antonio, TX Address: 16523 Huebner Road, San Antonio, Texas Year Built: 1998 Average Annual Household Income: $140,000 Third Party Manager: Extra Space Storage Broker and Brokerage: Jon Danklefs of The Danklefs Group of Marcus & Millichap Acreage: 2.5 acres Square Feet: 48,050 Unit Count: 396 non-climate-controlled units along with one apartment unit Highlights: State-of-the-art surveillance system Gated entry Personalized keypad access Single-story property No new projects in the development pipeline in the immediate trade area   Property: Hughes Springs Storage Units Location:…

Recent self-storage transactions showcase the sector’s adaptability and appeal across diverse markets. Urban assets like Extra Space Storage in Allen, Texas, highlight the demand for Class A, climate-controlled facilities, while value-add opportunities in tertiary markets, such as Graham and Victoria, Texas, attract investors seeking expansion potential. High-visibility properties like Gateway Storage of Rolla, Missouri, further demonstrate strategic positioning’s role in driving demand. The emphasis on modernization and scalability highlights the sector’s response to shifting market demands.   Portfolio: NextStor Storage Portfolio Location: Candler, NC Address: 1952 Smokey Park Hwy, Candler,…