Recent Closings: 2.1.22 – 2.7.22

Property: New Build
Closing Price: $18.51 Million
Location: Margate, FL
Buyer: Andover Properties
Seller: 3L Capital
NRSF: 133,872
Acreage: 2.6

Property: SafelyStor
Location: Weare, NH
Brokers and Brokerage: Nathan Coe, Gabriel Coe, Luke Dawley and Brett Hatcher of the Hatcher Group of Marcus & Millichap
NRSF: 35,900
Unit Count: 246 Non-Climate Controlled Units and 60 RV Parking Spaces
Room for Expansion: Yes, Three Buildings Totaling 12,000 SF
Highlights:

  • Multiple Competitive Offers
  • Closed at List Price
  • List to Close In 75 Days
  • Newly Built, Class A Self Storage Facility
  • Great Visibility and Street Frontage
  • High Daily Traffic Counts: 8,300 Cars/Day
  • Growing Surrounding Population
  • Affluent Market: Average Household Income of $115,658 within a Five-Mile Radius
  • Average Household Income within One, Three and Five Miles Is Well Above the National Average

Property: All Aboard Storage
Location: Flagler Beach, FL
Broker and Brokerage: Patrick Kidder of Meridian Storage Group
NRSF: 56,625
Unit Count: 339

Properties: Calabash and Winnabow Self Storage Facilities
Locations: Calabash and Winnabow, NC
Buyer: Andover Properties
NRSF: 106,000
Unit Count: 771
Year Built: 1998

Property: Main Gate Storage
Location: Hinesville, GA
Brokers and Brokerage: Taylor Dooley and Patrick Kidder of Meridian Storage Group
NRSF: 47,847
Unit Count: 365

Property: Development Site
Closing Price: $3.25 Million
Location: North Las Vegas, NV
Brokers and Brokerage: Walter Bauer of CBRE Self Storage Advisory
Buyer: Madison Capital Group
NRSF: 77,000
Unit Count: 670

Property: 56 Self Storage
Location: Dover, NH
Brokers and Brokerage: Ken Devaul and Patrick Kidder of Meridian Storage Group
NRSF: 166,456
Unit Count: 1,280

Property: Total Storage
Closing Price: $9 Million
Location: Lakesite, TN
Buyer: Go For It Storage
NRSF: 101,213
Building Count: 13
Acreage: 4.9

Property: Shannon Mini Storage
Location: Union City, CA
Broker and Brokerage: Patrick Kidder of Meridian Storage Group
NRSF: 51,252
Unit Count: 439

Property: Inland Boat and Storage
Closing Price: $6.6 Million
Location: Fairhope, AL
Buyer: Stoic Equity Partners
NRSF: 74,325

Property: Storage Court Self Storage
Location: Mill Creek, WA
Buyers: Invesco Real Estate and Baranof Holdings
NRSF: 82,860
Unit Count: 51 Units and 29 RV Parking Spaces

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