Category: Recent Transactions

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…

Property: Lucky 7 Storage Location: Cambridge, MN Brokers and Brokerage: Nathan Gottlieb, Alex Ihrke, Matt Haugen and Tom Flannigan – Minnesota, Iowa and North and South Dakota Broker Affiliates for Argus Self Storage Advisors NRSF: 19,326 (plus 500 square foot office) Unit Count: 97 units (plus 30 spaces for outdoor parking and storage)     Property: Mobile Storage Location: Mobile, AL Address: 2580 Schillinger Rd S, Mobile, Alabama 36695 Brokers and Brokerage: Frank DeSalvo & David Perlleshi at Franklin Street NRSF: 61,325 Unit Count: 540 units Seller Testimonial: “The recent…

Portfolio: Three-Facility Storage Portfolio Location: Hill County, TX Buyer: Go Store It Self Storage (an affiliate of Madison Capital Group) NRSF: 245,000 Unit Count: 1,500 Highlights: The facilities are strategically located minutes from Lake Whitney   Property: Leeville Pike Storage Location: Lebanon, TN Address: 6000 Leeville Pike, Lebanon, Tennessee Year Built: 2015 Broker and Brokerage: Andrew Beeckman of Marcus & Millichap Acreage: 2.6 acres NRSF: 29,600 Unit Count: 182 Vehicles Per Day: 69,484 Highlights: Fully fenced and gated facility Concrete drive aisles Metal buildings LED lighting and security cameras   Property:…

Property: Cherry Ave Self Storage Location: Fresno, CA Address: 1844 S Cherry Avenue, Fresno, California Closing Deal: $8.2 Million Year Built & Expanded: 1918 & 2022 Buyer: PSC Fresno, LLC (an affiliate of Pratt Street Capital, LLC) Broker and Brokerage: Brian Somoza of the Investment Sales and Advisory team of JLL Capital Market Acreage: 5.74 acres Unit Count: 1,085 units Vehicles Per Day: 1,000 Highlights: Consists of a three-story building and 12 one-story buildings Drive-up units Freight elevators Boat and RV parking Newly renovated office (262 square feet)    …

Property: Sedona Self Storage Location: Sedona, AZ Closing Deal: $ 1.15 Million Broker and Brokerage: Jeff Gorden of Keller Williams Commercial – Arizona and Nevada Broker Affiliate for the Argus Self Storage Advisors NRSF: 9,062 Unit Count: 93 units     Property: StoreEase Middleburg Location: Middleburg, FL Seller: Inkana Development Buyer: U-Haul Brokers and Brokerage: Ian Lindahl, Adam Schlosser and Ryan Nee of The LeClaire-Schlosser Group of Marcus & Millichap Square Feet: 63,280 Unit Count: 444 climate-controlled and 90 modified non-climate units Highlights: Consists of one single-story building Gated entry…

Property: CubeSmart (Managed) Self-Storage Location: Kenosha, WI Buyer: Inland Real Estate Acquisitions, LLC (“Inland”) Seller: Macritchie Group Brokers and Brokerage: Adam Schlosser, Charles “Chico” LeClaire, Jack Sullivan, Matthew Tice and Todd Lindblom of The LeClaire-Schlosser Group of Marcus & Millichap Square Feet: 90,900 Unit Count: 900 climate-controlled units Highlights: Consists of one two-story building The facility features two large, covered loading bays with elevator access Multiple secondary points of entry for optimal access Large leasing office in the interior of the building Motion lighting throughout the facility 24/7 video monitoring…