Portfolio: Acme Self-Storage Portfolio Location: Morehead City, NC Closing Deal: $5 Million Buyer: Freedom Storage Group Brokers and Brokerage: Andreas Makris, Kevin Bledsoe, Matthew Junkin and Ben Yelm of Marcus & Millichap NRSF: 46,375 Unit Count: 125 non-climate-controlled units and 193 climate-controlled units Physical Occupancy: 98% Vehicles Per Day: 9,200-33,000 Portfolio Properties: 1217 N 20th Street, Morehead City, North Carolina 204 Jacob Drive, Morehead City, North Carolina 5458 US-70, Morehead City, North Carolina Property: Lake Avenue Lock-Up Location: Wilmette, IL Brokers and Brokerage: Jeffrey L. Herrmann and Sean M.…
Category: Recent Transactions
Recent Transactions: 11.14.2023 – 11.20.2023
Portfolio: Santa Fe Storage Portfolio Location: Santa Fe, TX Brokers and Brokerage: Dave Knobler and Charles LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap Acreage: 4.3 acres Square Feet: 97,090 Unit Count: 654 non-climate-controlled units and 24 outdoor parking spaces Highlights: Two small office spaces Billboard Efficiency apartment Property: Self Storage Property (SecureSpace Blue Bell) Location: Blue Bell, PA Buyer: SecureSpace Highlights: Friendly staff Free Wi-Fi Locks and Boxes sales State-of-the-art security system Modern lobby Property: Hanley Storage Location: Coeur d’Alene, ID NRSF: 53,920 Unit Count: 218…
Recent Transactions: 11.7.2023 – 11.13.2023
Property: Self-Storage Facility Location: Greenwood District, WA Closing Deal: $30 Million Year Built: 2019 Buyer: InSite Property Group affiliate Seller: Nickerson Properties LLC affiliate Acreage: 1+ acre Square Feet: 150,138 Portfolio: Two Self-Storage Portfolio (StorQuest Self Storage) Locations: AZ, CO, CA, NV and FL Closing Deal: $67 Million Buyer: The William Warren Group Brookers and Brokerage: Kim Bishop, Eric Snyder, Mason Brusseau, Ivan Viramontes and Lauren Maehler of Talonvest Capital Portfolio: Three-Property Self-Storage Portfolio Locations: Vista, CA, Tempe, AZ and Las Vegas, NV Closing Deal: $31.9 Million…
Recent Transactions: 10.31.2023 – 11.6.2023
Property: Highway 36 & Moffat Road Storage Location: Temple, TX Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal NRSF: 81,840 Unit Count: 257 units Property: ABC Mini Storage Location: Aberdeen, WA Closing Deal: $2.2 Million Year Built: 1997 Broker and Brokerage: Christopher R. Secreto of Marcus & Millichap Square Feet: 20,714 Unit Count: 172 Property: American Self Storage Location: Albuquerque, NM Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal NRSF: 61,537 Unit Count: 535 units…
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:…