Category: Recent Transactions

Property: Public Storage (Managed) Location: Spring Hill, TN Brokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 53,690 Unit Count: 487 Climate Controlled Units and 21 Parking Spaces Highlights: Newly Built, Class A, All Climate Controlled Self Storage Facility Opened in 2018 Excellent Visibility and Street Frontage off US Route 31 Convenient Location and Easily Accessible High Daily Traffic Counts: 14,000 Cars/Day Rapidly Growing Surrounding Population: 344% Increase within in a Five Mile Radius Since 2000 Affluent Market: Average Household…

StorageVaul Canada”) (SVI-TSX) is pleased to announce that, further to its May 12, 2022 news release, it has completed the acquisition of six stores  from six vendor groups, for an aggregate purchase price of $167.5 million. Five of the acquisitions are arm’s length and one is a related party acquisition with Access Self Storage Inc. as the  vendor. The aggregate purchase price for the acquisitions in the amount of $167.5 million, subject to customary adjustments, was paid by the issuance of an aggregate of 814,686 common shares of StorageVault at…

Property: U-Storage Closing Price: $4.45 Million Location: Las Vegas, NV Brokers and Brokerage: Nick Kornieck, Michael R. LaBar and Michael L. Shaffner of Marcus & Millichap NRSF: 36,400 Unit Count: 348 Acreage: 6.1 Cap Rate: 5.5% Property: Extra Space Storage (Managed) Location: Kansas City, MO Brokers and Brokerage: George Kondracke, Brett Hatcher, Brian Kelly and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 117,390 Unit Count: 951 Climate Controlled Units and 21 Parking Spaces Room for Expansion: Yes Highlights: Newly Converted, Class A Self Storage Facility High…

Property: Value Store It Closing Price: $5 Million Location: Worcester, MA Buyer: Storage Rentals of America Property: MV Investment New Development Location: Ft. Myers, FL Buyer: HPI Real Estate Services & Investments NRSF: 100,000 Unit Count: 800 Property: Arizona Self Storage Facility Closing Price: $25.5 Million Location: Chandler, AZ Brokers and Brokerage: Denise Nunez and Victoria Filice of NAI Horizon NRSF: 150,260 Property: 65-Acre Self Storage Property Location: San Antonio, TX Brokerage: Point Acquisitions NRSF: 362,000 Acreage: 65 Unit Count: 700 Room for Expansion: Yes Property: Conversion Opportunity Location: Vernal,…

Property: Business Park Mini Storage Location: White House, TN Brokers and Brokerage: Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 70,825 Unit Count: 17 Climate Controlled and 416 Non-Climate Controlled Units Physical Occupancy: 95% Year Built/Expanded: 2016/2018 Highlights: Nashville, Tennessee MSA Self Storage Facility High Daily Traffic Counts: 6,800 Cars/Day Population Growth of 47% within a Five-Mile Radius Since 2000 Property: PA U-Store-It Closing Price: $3.2 Million Location: Prince Albert, Saskatchewan Buyer: Make Space Capital Partners NRSF: 33,200 Unit Count: 262 Property:…

Portfolio: KO Storage of Billings Three-Property Portfolio Location: Billings, MT Brokers and Brokerage: Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 186,520 Unit Count: 147 Climate Controlled and 746 Non-Climate Controlled Highlights: Multiple Offers at and Above List Price Great Visibility at Each Location Growing Surrounding Populations at all Three Locations Affluent Market at 6nd Location – Average Household Income within One, Three and Five Miles Is Well Above the National Average Portfolio: Carroll County Storage Portfolio Locations: McKenzie and Huntingdon, TN…

SmartStop Self Storage REIT, Inc., a self-managed and fully-integrated self storage company, and Strategic Storage Growth Trust II, Inc. (SSGT II), a private REIT sponsored by an indirect subsidiary of SmartStop, announced today that the companies have closed their previously announced merger, in which SSGT II will merge into a newly-formed subsidiary of SmartStop in a stock-for-stock transaction that values SSGT II’s real estate portfolio at approximately $280 million. The combined companies will have a portfolio of 152 wholly-owned operating properties, representing approximately 11.7 million net rentable square feet and…

Property: Value Store It Self Storage Location: Worcester, MA Brokers and Brokerage: Nathan Coe, Brett Hatcher, Luke Dawley and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 30,393 Unit Count: 440 Highlights: Recently Renovated Self Storage Facility Seller Added 140 Units in Early 2021 Nearly Doubling the NRSF Recent Capital Improvements: Painted Entire Interior, Replaced the Roof, Repaved Parking Lot, Added Keypad Access and Doubled the Number of Security Cameras Worcester Is New England’s Fastest Growing City and Home to Eight Colleges Undersaturated Self Storage Market High…

Property: Public Storage (Managed) Location: Birmingham, AL Broker and Brokerage: Ashley Compton of Colliers Self Storage Group NRSF: 102,292 Unit Count: 834 Acreage: 8.82 Properties: Two Development Sites Closing Price: $4.9 Million Location: Winston-Salem, NC Buyer: SROA Acreage: 5.2 Property: Storage and Retail Property Closing Price: $3.9 Million Location: Frederick, VA Buyer: Frederick Pike Holdings, LLC. Broker and Brokerage: Jamie A. Scully of Cushman & Wakefield NRSF: 27,000 (Storage) and 21,322 (Retail) Property: My Space Indoor Storage and Retail Location: South Bend, IN Brokers and Brokerage: Hunter Sells, Scott Schoettlin…

Property: Secure Storage Location: Richfield, NC Brokers and Brokerage: Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 37,800 Unit Count: 262 Non-Climate Controlled Units Acreage: 6.42 Room for Expansion: Yes Year Built: 2018/2021 Highlights: Charlotte MSA Self Storage Facility Added New Units In December 2021 and Leased Up Extremely Fast Growing Surrounding Population Property: Elite Motorcoach Storage Location: Sarasota, FL Brokers and Brokerage: Gail Bowden of SVN Commercial Advisory Group NRSF: 14,000 Acreage: 5.56 Highlights: Hurricane-Proof Building 24-Hour Security Water Disposal Property: Vault…