Category: Recent Transactions

Property: Morganton Development Site Location: Morganton, NC Brokers and Brokerage: Frank DeSalvo and David Perlleshi of Franklin Street – Commercial Real Estate & Insurance Brokerage Acreage: 2.13 Acres NRSF: 24,750 Pro Forma NOI: $212,859 Parcel Number: 31678; 0031680 Highlights: Site is approved for non-climate self storage This site benefits from strong market rates that should continue to increase thanks to the presence of institutional competitors This site is strategically located just off US Highway 70 (Carbon City Rd) which sees 16,500 VPD 5-mile population of over 35,000 people Morganton is…

Property: A-1 Lakeview Safe Storage Location: Fayetteville, NC Brokers and Brokerage: Jonathan Fawley, Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus & Millichap NRSF: 23,500 Unit Count: 167 climate-controlled and non-climate controlled units plus 15 outdoor parking spaces Physical Occupancy:95% Highlights: Multiple offers At and Above list price Room for expansion Room to build on-site management office Dense & growing surrounding population: 81,090 people living within a five-mile radius represents a 47%increase since 2000 Property: Self Storage Facility Location: Rolla, MO Brokers and Brokerage:…

Property: Heartland Drive Self Storage Location: Kernersville, NC Broker and Brokerage: Michael Morrison of Midcoast Properties, Inc. Acreage: 2.15 acres NRSF: 68,219 Unit Count: 557 climate-controlled units Highlights: On-site rental office with granite Countertops Noke Smart Door and access controls Two elevators Restrooms Security cameras and alarms Exterior wall-pack LED lighting   Property: Storway Self Storage Location: Scranton, PA Brokers and Brokerage: Jared Houck, Matt Junkin, Kevin Bledsoe and Andreas Makris of The Bledsoe Self Storage Group of Marcus & Millichap Square Feet: 26,800 NRSF: 16,950 Physical Occupancy: 99% Highlights:…

Property: Budget Self Storage Location: Laredo, TX Broker and Brokerage: Jon Danklefs of Marcus & Millichap Acreage: 1.60 acres Unit Count: 199 units Property: Turbo Storage Location: Shelbyville, TN Brokers and Brokerage: John C. Lindsey and Matt Rosendale of Lindsey Self Storage Group NRSF: 9,300 Portfolio: Canoga Avenue Property Locations: Woodland Hills and Diamond Bar, CA Closing Price: $69.6 Million & $17 Million Buyer: William Warren Group Seller: Storage, Etc. Broker and Brokerage: Larissa Belova of CBRE Square Feet: 107,000 & 18,000 Unit Count: 199 units Property: Public Storage Location:…

Property: A-AAA Mini Storage Location: Torrance, CA Brokers and Brokerage: Cameron Vale, and Andrew Plunkett of Berkshire Hathaway NRSF: 17,194 Unit Count: 288 units Property: Eldon Self Storage Location: Eldon, MO Closing Price: $1.5 Million Brokers and Brokerage: Robert Cook, Sean Delaney and David Saverin of Marcus & Millichap Highlights: 6.2 sq/capita of storage in a 3-mile radius This deal includes a long-term warehouse lease with new 3-year extension The building features all steel structures, security cameras, and lighting throughout Property: CHR Storage and Rentals Location: Gaffney, SC Broker and…

Property: Storage Of Englewood Location: Englewood, FL Closing Price: $6.43 Million Brokers and Brokerage: Chris Travis and Hunter Robey of the Travis Group of Marcus & Millichap Acreage: 11.84 acres Unit Count: 750 units Highlights: Located in the Bradenton-Sarasota-Venice MSA Fully gated Ample LED lighting On-site manager  Portfolio: Greenleaf Self Storage Four Property Portfolio Location: Seneca, SC Broker and Brokerage: Michael Morrison of Midcoast Properties, Inc. Acreage: 7.86 acres NRSF: +/- 110,821 Unit Count: 908 climate-controlled and standard drive-up units as well as parking Highlights: Close proximity to Clemson University…

MiniCo created the first self storage industry trade publication with the launch of Mini-Storage Messenger in 1979″   First Self Storage Trade Publication Entering New Era of Leadership. MiniCo Insurance Agency LLC (MiniCo) announced today that it has finalized the sale of its Publishing Division, effective March 1, 2023, to Storelocal Media Corporation (Storelocal). “It’s very exciting,” said Travis Morrow, Storelocal’s CEO, “Mini-Storage Messenger is not about just a magazine–it’s what it represents to the industry. We view Mini-Storage Messenger and its annual Self Storage Almanac as more than a…

Property: Hanover Self Storage Location: Hanover, PA Brokers and Brokerage: Luke Dawley, Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap NRSF: 32,150 Unit Count: 278 non-climate and climate-controlled units Physical Occupancy: 92%   Property: A RV Storage Location: Joshua, TX Brokers and Brokerage: Bryan Quaschnick, Danny Cunningham and Brandon Karr of the Karr- Cunningham Storage Team of Marcus & Millichap NRSF: 45,072 Unit Count: 100 units Highlights: Perimeter fencing and lighting Wide driveways 24/7 video surveillance system Opportunity for expansion Garage-style roll-up doors…

Property: Old Town Storage Location: Winston Salem, NC Brokers and Brokerage: Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap NRSF: 7,200 Unit Count: 75 non-climate-controlled units and 40 parking spaces Physical Occupancy: 83% Highlights: Dense & growing surrounding population: 92,976 people living within five-miles – which represents a 19% increase since 2000 Affluent market: $93,825 average household income within five-miles of the facility Portfolio: All Steel Storage Two Property Portfolio Location: Lake Placid & Sebring, FL Brokers and Brokerage: Gabriel Coe, Brett Hatcher,…

Property: Tech Secured Storage Location: Tomball, TX Year Built: between 2019 and 2020 Brokers and Brokerage: Dave Knobler, Brian Kelly, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap Average Household Income: $145,472 Daily Traffic Counts: 30,200 cars/day NRSF: 60,025 Unit Count: 530 Highlights: Facility is equipped with state-of-the-art technology Booming population growth area of Tomball: there are currently around 68,000 residents within three miles and the area is projected to grow 25% within five years Property: Absolute Mini Storage Location: Archdale, NC Brokers and Brokerage:…