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) …
Category: Recent Transactions
Recent Transactions: 5.07.2024 – 5.13.2024
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…
Recent Transactions: 4.30.2024 – 5.06.2024
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…
Recent Transactions: 4.23.2024 – 4.29.2024
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…
Recent Transactions: 4.16.2024 – 4.22.2024
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…
Recent Transactions: 4.09.2024 – 4.15.2024
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.…
Recent Transactions: 4.02.2024 – 4.08.2024
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…
Recent Transactions: 3.19.2024 – 3.25.2024
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…
Recent Transactions: 3.12.2024 – 3.18.2024
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…
Recent Transactions: 3.05.2024 – 3.11.2024
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…