Category: Recent Transactions

Property: Self-Storage Development Site Location: Pinellas Park, FL Broker and Brokerage: Josh Koerner of the Coastal Storage Group (formerly Weaver Realty Group) – Florida Argus Broker Affiliates Acreage: 4.1+/- acres (fully entitled land for a 131,592 GSF class A climate-controlled storage facility)     Property: Lakeridge Self Storage Location: Midlothian, TX Address: 5191 US-67, Midlothian, Texas Brokers and Brokerage: Danny Cunningham and Brandon Karr of the Karr-Cunningham Storage Team of Marcus & Millichap NRSF: 59,517   Property: Life Storage (now U-Haul Moving & Storage of Webster) Location: Rising Sun, MD…

Property: Devon Self Storage (Third-Party Managed) Location: Pasadena, TX Address: 6045 Fairmont Parkway, Pasadena, Texas Seller: Pasadena Self Storage, LLC Buyer: Extra Space Storage Brokers and Brokerage: Tom de Jong and Jacob Becher of The de Jong | Becher Self Storage Group of Colliers with Charles Fertitta of Colliers, Houston NRSF: 71,505 Unit Count: 509 units (471 fixed storage units and 38 boat/RV parking spaces) Occupancy: 80%   Property: Sheperd Storage Facility Location: Bryan, OH Seller: Charles Sheperd Broker and Brokerage: Ryan Mitchell of SVN Wilson Commercial Group Acreage: 5…

Property: AC Self Storage Location: Colorado Springs, CO Buyer: SmartStop Self Storage REIT, Inc. Brokers and Brokerage: Adam Schlosser and Keith Phillips of The LeClaire-Schlosser Group of Marcus & Millichap Square Feet: 77,720 Unit Count: 77,720 Highlights: Consists of 16 single-story buildings Well-appointed leasing office with retail display Security monitoring Perimeter fencing High door units Expansion potential Wide drive aisles Premium elevated signage at all ingress/egress point   Portfolio: Four Self-Storage Properties Locations: Atlanta, GA and Montgomery, AL Closing Deal: $25.5 Million Buyer: IPC Alternative Real Estate Income Trust, Inc.…

Property: Spartan Storage Location: Montgomery, TX Seller: CRD Realty Buyer: Lakewood Realty Investments, LLC Broker and Brokerage: Ryan Dooley of Versal Square Feet: 19,998 Unit Count: 64 units   Property: A&B Boat and RV Storage Location: Houston, TX Seller: Sunbelt Storage II Buyer: RecNation Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal NRSF: 121,328 Unit Count: 279 units     Property: New Ulm Storage Location: New Ulm, MN Brokers and Brokerage: Matt Haugen, Alex Ihrke, Nathan Gottlieb, and Tom Flannigan of Argus NRSF: 14,256…

Property: Devon Self Storage (third-party managed asset) Location: Pasadena, TX Address: 6045 Fairmont Parkway, Pasadena, Texas Seller: Pasadena Self Storage, LLC Buyer: Extra Space Storage Brokers and Brokerage: Tom de Jong and Jacob Becher of the de Jong | Becher Self Storage Group of Colliers in partnership with Charles Fertitta of Colliers Houston NRSF: 71,505 Unit Count: 509 units (471 fixed storage units and 38 boat/RV parking spaces) Occupancy: 80%   Property: Spring Cypress Self Storage (18 single-story buildings) Location: Spring, TX Year Built: 1970 Brokers and Brokerage: Dave Knobler…

Property: West Huntersville Storage Center Location: Huntersville, NC Address:9220 Beatties Ford Rd, Huntersville, NC 28078 Brokers and Brokerage: Frank DeSalvo & David Perlleshi of Franklin Street Acreage: 7.89 acres NRSF: 35,218 Unit Count: 259 Physically Occupancy: 99% Economic Occupancy: 83% Buyer Testimonial: “Collaborating with Frank and David on the West Huntersville Storage Center transaction streamlined the process for us. We found the experience of working with them enjoyable and are excited about leveraging their expertise for upcoming future deals.” — Peter Cai, Managing Partner at Canvass Capital Highlights: Facility offers…

Property: CP’s Stor-It Location: West Burlington, IA Brokers and Brokerage: Nathan Gottlieb, Alex Ihrke, Matt Haugen, and Tom Flannigan of Argus Acreage: 2.03 acres (primed for expansion) NRSF: 16,064     Property: Sassy’s U-Lock It Location: Pine Bluff, AR Address: 3015 S Midland Dr, Pine Bluff, AR 71603 Year Built: 1978 Brokers and Brokerage: Frank DeSalvo & David Perlleshi of Franklin Street NRSF: 14,040 Unit Count: 101 Seller Testimonial: “Working with David and Frank at Franklin Street made the process of selling my facility easy and seamless. Their professionalism, market…

Portfolio: 2704 South Church Street and 149 Veterans Parkway Portfolio Location: Murfreesboro, TN Seller: KOSF II – Murfreesboro, LLC Buyer: 2156 Associates Brokers and Brokerage: Jake Payne, Eddie Greenhalgh, Lee Thornton and Jody Mckibben of Marcus & Millichap Square Feet: 41,344 Unit Count: 268-units (Combined)     Property: Big Blue Self Storage Location: Frankfort, NY Year Built: 2009 Buyer: Moove In Self Storage Brokers and Brokerage: Kevin Bledsoe, Matthew Junkin, and Andreas Makris of Marcus & Millichap Square Feet: 47,325 Highlights: Drive-up self-storage Interior units Outdoor parking Potential for future…

Property: 1500 Tedescki Drive (a new construction self-storage facility) Location: Birmingham, AL Closing Deal: $7.85 Million Seller: Copper Storage Solutions, LLC Buyer: Ziff Real Estate Partners Third-party managed by: Public Storage Brokers and Brokerage: Eddie Greenhalgh, Jake Payne and Lee Thornton of Marcus & Millichap Unit Count: 503 units (289 climate-controlled and 214 non-climate-controlled units)     Property: Stor-Mor Self Storage (rebranded as SecureSpace Rosemead) Location: Rosemead, CA Property Address: 8635 Valley Boulevard, Rosemead, CA Buyer: SecureSpace Square Feet: 44,351 Unit Count: 659 units plus 96 rentable parking spaces Vehicles…

Property: Liberty Bend Self Storage Location: Liberty, MO Seller: Russell Family Real Estate, LLC Broker and Brokerage: Larry Goldman, CCIM of Argus (broker affiliate representing Kansas, Missouri, Arkansas and Southern Illinois) Square Feet: 60,050 Unit Count: 482 units Economic Occupancy: 70% CAP Rate: 6%     Property: Stor-Mor Self Storage Location: Rosemead, CA Broker and Brokerage: Dean Keller of Bancap Self Storage Group Square Feet: 44,500 Unit Count: 660 indoor storage units and 85 outdoor vehicle storage spaces Physical Occupancy: 95%   Property: Empire Self Storage Location: Traverse City, MI…