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…
Category: Recent Transactions
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…
Recent Transactions: 8.08.2023 – 8.13.2023
Property: Box Self Storage Location: Panama City Beach, FL Buyer: Evelyn Capital Seller: Hickory Capital Group (HCG) Broker and Brokerage: Ashley Compton of Colliers Acreage: 2.45 acres NRSF: 75,225 Unit Count: 670 Highlights: Drive-through loading lane that provides immediate access to two freight elevators Surrounded by an estimated 14,402 individuals (5-mile radius) 16+ multifamily complexes Property: River Rock Storage Location: Gastonia, NC Brokers and Brokerage: Jonathan Spencer and Scott Eckert of The Storage Acquisition Group Acreage: 11.20 acres Square Feet: 124,374 Unit Count: 631
Recent Transactions: 8.01.2023 – 8.07.2023
Property: TEPCO Storage Location: New Braunfels, TX Brokers and Brokerage: Jon Danklefs and Sean M. Delaney of Marcus & Millichap Acreage: 1.43 acres Unit Count: 45 Property: Kansas Self Storage Development Site (for a new ground up 4-story class A self-storage facility) Location: Princeton, NJ Buyer: Blue Sky Princeton, LLC Seller: Downtown Equities II, LC Developer: Uplift Development Broker and Brokerage: Larry Goldman of Argus Square Feet: 98,000 Vehicles Per Day: 12,000 Property: Access Mini Storage Location: Zeeland, MI Broker and Brokerage: Sean Delaney of Marcus & Millichap…
Recent Transactions: 7.25.2023 – 7.31.2023
Property: Adkins Storage Location: Dillsboro, IN Broker and Brokerage: Rob Schick of Argus Self Storage Advisors Acreage: 1 Square Feet: 19,450 Unit Count: 152 Occupancy: 94% Property: Access Mini Storage Location: Zeeland, MI Brokers and Brokerage: Sean M. Delaney and Steve Chaben of Marcus & Millichap NRSF: 96,715 Unit Count: 496 non-climate-controlled units and 38 outdoor parking spaces Highlights: Trachte constructed buildings On-site office with rental kiosk Permit-ready three-building expansion (+/- 22,700 SF) Portfolio: Crescent City Portfolio (D&B Storage, Elk Creek Storage, A&B Storage, and Northcrest Storage) Location:…
Recent Transactions: 7.18.2023 – 7.24.2023
Property: Davenport Storage Center Location: Davenport, IA Brokers and Brokerage: Matt Haugen, Alex Ihrke, Nathan Gottlieb and Tom Flannigan of Area Commercial Real Estate Services – the Broker Affiliates for the Argus Self Storage Advisors NRSF: 22,780 Unit Count: 108 drive-up, climate-controlled and portable container units Highlights: The property includes an on-site apartment Property: Bonus Room Storage Location: Candler, NC Buyer: StorSafe Square Feet: 40,733 (additional 6,000 Sq Ft on-site warehouse can be converted into extra storage units) Unit Count: 141 non-climate-controlled and 176 climate-controlled units + 39 parking…