Recent Closings: 5.10.2022 – 5.16.2022

Property: CubeSmart Self Storage (Managed)
Location: Fort Myers, FL
Brokers and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap

NRSF: 76,100
Unit Count: 803 Climate Controlled Units
Acreage: 1.96
Highlights:

  • Brand New Class A All Climate Controlled Facility
  • Located in the Heart of Fort Myers
  • Strong Market Rents
  • Great Street Visibility from MLK Boulevard
  • Dense and Growing Surrounding Population: 116,190 People within in a Five Mile Radius, a 27% Increase Since the Year 2000


Property: Elite Motorcoach Storage
Closing Price: $12.3 Million
Location: Sarasota, FL
Broker and Brokerage: Gail Bowden of SVN
NRSF: 14,000
Acreage: 5.56

Property: Ballpark Self Storage
Location: Adelanto, CA
Broker and Brokerage: Keith Phillips at Marcus and Millichap
NRSF: 55,000
Unit Count: 370
Acreage: 5.56


Property: Life Storage (Managed)
Location: Manchester, NH
Broker and Brokerage: Bill Sitar, Thomas Palumbo and Monty Spencer of The Storage Acquisition Group.
NRSF: 72,725
Unit Count: 888
Acreage: 5.56

Property: Former K-Mart
Closing Price: $6.6 Million
Location: Lawnside, NJ
Brokerage: Equity Retail Brokers
NRSF: 121,000

Property: Former K-Mart
Location: Morton, IL
Buyer: U-Haul
NRSF: 95,520
Unit Count: 750

Property: 281 Mini Storage
Location: George West, TX
Broker and Brokerage: Bryan Quaschnick of the Karr-Cunningham Group of Marcus & Millichap
NRSF: 37,440
Unit Count: 199

Property: Park Place 4 RVs Storage
Location: Canyon Lake, TX
Broker and Brokerage: Bryan Quaschnick of the Karr-Cunningham Group of Marcus & Millichap

Portfolio: Simply Self Storage (Managed) Four Property Portfolio
Locations: Columbus, Gahanna, Powell and Reynoldsburg, OH
Brokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap

NRSF: 346,218
Unit Count: 2,321
Physical Occupancy: 90%
Room for Expansion: Yes
Highlights:

  • Four Property Portfolio Throughout Central Ohio | Columbus MSA
  • Climate Controlled and Non-Climate Controlled Units
  • All Four Locations Offer Parking Spaces for Rent
  • Densely Populated Areas
Property: Emerald @ 78 Self Storage
Location: Vista, CA
Brokers and Brokerage: Keith Phillips and Adam Schlosser of the LeClaire-Schlosser Group of Marcus & Millichap

NRSF: 94,625
Unit Count: 769

Property: Harris Mini Storage
Location: Mount Dora, FL
Brokers and Brokerage: Meir Perlmuter, Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap

NRSF: 77,505
Unit Count: 130 Climate Controlled Units, 460 Non-Climate Controlled and 82 Parking Spaces
Physical Occupancy: 96%
Acreage: 1.96
Highlights:

  • Received Multiple Competitive Offers
  • Closed Well Above List Price
  • Orlando, Florida MSA Self Storage Facility
  • Great Visibility & Street Frontage
  • High Daily Traffic Counts: 32,500 Cars/Day off U.S. Route 441
  • Dense and Growing Surrounding Population – 66% Increase Since 2000

Property: Litchfield Park Development Site
Closing Price: $2.2 Million
Location: Phoenix, AZ
Broker and Brokerage: Brandon Karr and Danny Cunninghamof the Karr-Cunningham Group of Marcus & Millichap
Acreage: 5.45

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