Category: Recent Transactions

Property: Bear Valley RV Park and Self Storage (managed by Right Move Storage) Location: Hesperia, CA Address: 18435 Bear Valley Rd Hesperia, California Year Built: 1996 Buyer: Merit Hill Capital (Real Estate Investment Firm in Brooklyn, New York) Broker and Brokerage: Brian Somoza of The JLL Capital Markets Self-Storage team of JLL Acreage: 49.6 acres Unit Count: 726 units Occupancy: 87% VPD: 52,500 Vehicles Per Day Highlights: Consists of a mixture of single-story Permanent structure RV parking units Surface parking units Portable storage units Electronic gate access 24-hour video surveillance…

Property: Sentinel Self Storage (will soon operate under the brand of Right Move Storage) Location: Tomball, TX Year Constructed: 2023 Year Opened: April 2024 Buyer: LandPark Advisors, LLC, in collaboration with Sunset Capital, LLC (collectively, “LandPark Sunset Storage III”) Acreage: 4.73 acres NRSF: 80,195 Unit Count: 350 units Highlights: Automated security gate with key-code access Roll-up doors Concrete driveways Manager’s office Video surveillance throughout the property A sufficient detention pond has been incorporated for drainage purposes   Property: Nantucket Self Storage Facility Location: Nantucket, MA Seller: Joseph Mendola and Joseph…

Property: North Side Mini Storage Location: Evansville, IN Address: 1020 E Mt Pleasant Rd, Evansville, IN 47725 Broker and Brokerage: Taylor Cahn of Storage Exchange Acreage: 1.94 acres NRSF: 29,056 Unit Count: 243 units (182 drive-up non-climate units, a newly built 46-unit climate-controlled building plus 15 outdoor parking spaces) Physical Occupancy: 91% VPD: 24,000 Vehicles Per Day Highlights: Apartment for the on-site manager 3.95 sq ft / capita (within a 3-mile radius) 5.93 sq ft / capita (within a 5-mile radius)     Property: Secure Storage Location: Clarklake, MI Address:…

Property: A Plus Storage Location: Kingston, MA Buyer: Merit Hill Capital Broker and Brokerage: Brendan Carney of The de Jong | Becher Team of Colliers (represented the sellers) NRSF: 36,350 Unit Count: 303 units Contact: Tom de Jong (tom.dejong@colliers.com) and Jacob Becher (jacob.becher@colliers.com) – For more information on this transaction, pricing or to inquire about future self-storage acquisition and disposition opportunities   Property: Cal Self Storage Location: Hayward, CA Address: 26869 Mission Blvd, Hayward, California Seller: The Reeves Family Trust Buyer: Merit Hill Capital Brokerage: The de Jong | Becher…

Property: Graham’s Storage Location: Kannapolis, NC Address: 2804-2806 N Cannon Blvd, Kannapolis, NC 28083 Brokers and Brokerage: Frank DeSalvo and David Perlleshi of Franklin Street Acreage: 8.03 acres NRSF: 48,231 Unit Count: 357 units Seller Testimonial: “From listing to close, Frank and David provided us with exceptional service in the sale of our facility. Their extensive market knowledge, combined with years of industry experience, helped us navigate towards a successful close. In addition, their engagement at every stage of the process was exemplary. Having been in contact with their team…

Portfolio: A+ Self Storage Portfolio (two-property self-storage portfolio) Location: Las Cruces, NM Address 1: 5000 N Sonoma Ranch Blvd, Las Cruces, NM 88012 Address 2: 8590 Bataan Memorial East, Las Cruces, NM 88011 Seller: John Curry Construction and Real Estate Buyer: Westport Properties and Heitman (JV) Brokers and Brokerage: Charles “Chico” LeClaire, Adam Schlosser and Ryan Sarbinoff of The LeClaire-Schlosser Group of Marcus & Millichap NRSF: 116,458 Unit Count: 823 units Highlights (Both Facilities): Perimeter fencing Video surveillance Digital gate access LED lighting Spacious leasing offices with security Retail displays…

Property: Harrisonville Storage Location: Harrisonville, MO Seller: Harrisonville Storage, LLC Buyer: KO Storage Broker and Brokerage: Larry Goldman, CCIM of Argus Square Feet: 58,470 Unit Count: 482 units Economic Occupancy: 85%   Property: Storage King USA (Corpus Christi) Location: Corpus Christi, TX Seller: Andover Properties (Storage King USA) Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal NRSF: 41,848 Unit Count: 306 units   Property: Prosper Self Storage Location: McKinney, TX Address: 5903 N Custer Road, McKinney, Texas Brokers and Brokerage: Danny Cunningham and Brandon…

Property: Self Storage of Beach Park (will operate under the Storage Express brand) Location: Beach Park, IL Year Built: 2021 Buyer: Extra Space Storage Broker and Brokerage: Sean M. Delaney of Marcus & Millichap Square Feet: 57,050 Unit Count: 197 non-climate-controlled and 250 climate-controlled units Average Monthly Revenue Growth: 4.28% (from June 2022)     Property: McKinley Penn Self-Lock Storage Location: Osceola, IN Address: 10386 McKinley Highwy, Osceola, Indiana Brokers and Brokerage: Sean M. Delaney and Josh Caruana of Marcus & Millichap Square Feet: 33,380 Unit Count: 164 units Vehicles…

Property: Self Storage Facility Location: West Gardiner, ME Address: 17 Town House Road, West Gardiner, ME Closing Deal: $2.134 million Year Completed: April 2023 Buyer: 17 Town House Road, LLC Seller: West Gardiner Self Storage, LLC Brokers and Brokerage: Brandon Mitchell of Malone Commercial Brokers (MCB) represented the seller and Jordan Stolt of Summit Real Estate represented the buyer Acreage: 7.5 ± acres Square Feet: 26,000   Property: Anna Self Storage Location: Anna, TX Year completed: 2023 Buyer: HPI Real Estate Finance: Casey Wenzel, John Bauman and Luke Rogers of…