Recent Transactions: 10.24.2023 – 10.30.2023

Portfolio: Liberal Storage Units Portfolio Location: Liberal, KS Year Built: 1983 – 2003 Brokers and Brokerage: Frank DeSalvo and David Perlleshi of Franklin Street NRSF: 54,260 Unit Count: 350 Highlights: Two self-storage facilities offered at significantly below replacement cost Facilities are configured for remote operations Both facilities are located less than one mile apart The east 2nd street location offers ample expansion room for future construction and/or the addition of parking rentals Additional revenue streams in-place include tenant insurance, late/admin fees, and mobile home rentals     Property: Extra Space…

Recent Transactions: 10.17.2023 – 10.23.2023

Property: StoreYour Self Storage Location: Delano, MN Broker and Brokerage: Alex Ihrke, Tom Flannigan, Matt Haugen and Nathan Gottlieb of Argus Acreage: 3.2 acres NRSF: 26,812 Square Feet: 11,400 (leased commercial industrial space)   Property: Madison Southside Storage Location: Madison, MN Closing Deal: $418,200 Broker and Brokerage: Nathan Gottlieb, Alex Ihrke, Matt Haugen and Tom Flannigan of Argus NRSF: 13,940 Unit Count: 77 drive-up units   Property: Self Storage Development Property Location: Westridge Industrial Blvd & Westridge Pkwy, GA Buyer: Boardwalk Development Group Acreage: 6.14 acres Square Feet: 86,550 Unit…

Recent Transactions: 10.3.2023 – 10.9.2023

Property: GuardAll Self Storage Location: Kingman, AZ Closing Deal: $6.5 Million Acreage: 1.3 acres Unit Count: 409 units Broker and Brokerage: Jeff Gorden of The Gorden Companies of Argus Self Storage Advisors   Property: Seminole and Patch Industrial Outdoor Storage Location: Orlando, FL Buyer: Ramser Development Co. Acreage: 14.2-acre (10.2 acres of managed tuck parking and two 2-acre contractor yards) Broker and Brokerage: Derek Riggleman of Lee & Associates   Portfolio: Maine Three Property Portfolio Location: Chelsea, ME NRSF: 45,690 Unit Count: 296 non-climate-controlled units Brokers and Brokerage: Luke Dawley,…

Recent Transactions: 9.26.2023 – 10.2.2023

Portfolio: Four Self Storage Properties (operated under the Prime Storage brand) Locations: Temple Terrace – FL, Shirley & Nanuet – NY, and Gastonia – NC Buyer: Prime Group Holdings, LLC NRSF: 362,000 rentable 50,800 NRSF (Shirley, NY) 88,700 NRSF (two-building property in Temple Terrace, FL) 108,900 NRSF (three-building facility in Gastonia, NC) 113,701 NRSF (two-building facility in Nanuet, NY) Unit Count: 3,540 climate-controlled units   Property: Bin 741 Storage Location: Forney, TX Year Built: 2017 Brokers and Brokerage: Danny Cunningham and Brandon Karr of The Karr-Cunningham Storage Team of Marcus…

Recent Transactions: 9.19.2023 – 9.25.2023

Property: Simply Stor-It Location: Mitchell, SD Buyer: U-Haul Square Feet: 8,800 Unit Count: 329 climate-controlled self-storage rooms + 48 indoor parking spots   Property: CubeSmart Self Storage Location: Lafayette, IN Closing Deal: $6.2 Million Broker and Brokerage: Rob Schick of Argus Square Feet: 41,960 Room For Expansion: Yes (additional 45,000 square feet) Unit Count: 315 units     Property: Self Storage Facility (operate under the Extra Space Storage brand) Location: Newark, NJ Buyer: CrownPoint Group Inc. and Lamar Cos. (Joint Venture) Acreage: 1 acre Square Feet: 135,000 Unit Count: 1,200…

Recent Transactions: 9.12.2023 – 9.18.2023

Property: Long Beach Storage Center Location: Long Beach, CA Brokers and Brokerage: Andrew Sacks and Richard Riddle of SkyView Advisors Acreage: 1.03 acres NRSF: 22,625 Unit Count: 384 units Highlights: The site is near full capacity The site has room for expansion     Property: Terrace Storage Center Location: Tampa, FL Broker and Brokerage: Cameron Vale of Oakside Co. NRSF: 88,127 Unit Count: 1,210 units     Property: Class A Self Storage Facility (FreeUp Storage brand) Location: Kingsland, GA Buyer: Spartan Investment Group NRSF: 30,000 Unit Count: 333 units Highlights:…

Recent Transactions: 9.05.2023 – 9.11.2023

Portfolio: Three Self-Storage Portfolio Locations: Belleview, FL, Pea Ridge, AR and Kingsland, GA Buyer: Spartan Investment Group Acreage: 4.63 acres (Belleview) 15.21 acres (FreeUp Storage Pea Ridge, AR) NRSF: 30,000 (Kingsland, GA) Square Feet: 27,000 (FreeUp Storage Pea Ridge) Unit Count: 550 units (Belleview, FL) 333 units (Kingsland, GA) Highlights: Spartan will transition the property into the FreeUp Storage brand Plans to build an additional 20,000 square feet Spartan’s portfolio has 66 properties   Property: 3 Men Movers Self-Storage Facility Location: Houston, TX Buyer: SkyView Advisors NRSF: 78,372 Unit Count:…

Recent Transactions: 8.29.2023 – 9.04.2023

Property: Weed Mini-Storage Location: Weed, CA Brokers and Brokerage: Ken Miller of the Northstate Commercial Partners of Argus Acreage: 1.7 acres NRSF: 13,400 Unit Count: 90   Property: Former Storage Hotel Facility (for Self Storage) Location: Grovetown, GA Buyer: U-Haul Acreage: 2.33 acres Unit Count: 422 climate-controlled units Highlights: Truck and trailer rentals Boxes and moving supplies Towing equipment Propane   Property: The Extra Closet Location: Venice, FL Buyer: StorSafe NRSF: 13,219 Unit Count: 401 climate-controlled units Highlights: A planned Phase II development aims to add another 27,000 NRSF with…

Recent Transactions: 8.22.2023 – 8.28.2023

Property: StoreEase Capshaw Road Location: Huntsville, AL Closing Deal: $5.6 Million Buyer: Reliant Real Estate Management (operates under Midgard Self Storage) Brokers and Brokerage: Ian Lindahl, Adam Schlosser, Chico LeClaire and Eddie Greenhalgh of The LeClaire-Schlosser Group of Marcus & Millichap Square Feet: 59,150 Highlights: Video surveillance Electric gate with individual keypad access Fully fenced and gated entry 24-hour access Moving carts and dollies Online account management and payment   Property: Route 59 Self Storage Location: Ravenna, OH Brokers and Brokerage: Nathan Coe, Brett R. Hatcher and Gabriel Coe of…

Recent Transactions: 8.15.2023 – 8.21.2023

Property: Affordable Self Storage Location: Denton, TX Brokers and Brokerage: Danny Cunningham and Brandon Karr of The Karr & Cunningham Group of Marcus & Millichap NRSF: 47,108 Unit Count: 332   Property: Westrock Indoor Sports & Entertainment Complex (operating as Cube Smart Self Storage) Location: Bardonia, NY Closing Deal: $35 Million Buyer: Prime Storage Nanuet, LLC Seller: 21 Pralle Owner, LLC (affiliate of the Renatus Group Square Feet: 70,000     Property: River Rock Storage Location: Gastonia, NC Brokers and Brokerage: Jonathan Spencer, Scott Heckert and Jonathan Spencer of Storage…