These recent self-storage and specialty storage transactions highlight a robust investor appetite for high-quality and well-positioned assets across both traditional and niche segments. From Class A properties in tight urban submarkets like Revere, MA to expansive RV and boat facilities in Texas, capital is flowing to assets with modern amenities, strong occupancies, and growth potential, including land for expansion. Institutional and REIT buyers continue to target strategic locations near major economic drivers, such as new manufacturing plants or coastal boat launches, while development sites and well-maintained older properties also attracted interest. Altogether, these deals reinforce confidence in long-tern demand fundamentals while showing operators’ commitment to diversified, top-tier offerings.
Property: Extra Space Storage of West Lafayette
Location: West Lafayette, IN
Address: 2575 Cumberland Ave., West Lafayette, Indiana
Closing Deal: $7.4 Million
Broker and Brokerage: Rob Schick of Argus Self Storage Advisors
NRSF: 56,950
Highlights:
- Includes expansion land for an additional 30,000 square feet
- The asset was 94 per cent leased at the time of sale
Property: Fox Mini Storage
Location: Corpus Christi, TX
Address: 5734 Wooldridge Road, Corpus Christi, Texas
Seller: Fox Tree & Landscape Nursery Inc.
Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal
NRSF: 46,375
Unit Count: 396 units
Portfolio: Two premier RV & Boat Storage Facilities
Property 1: Keller RV Storage in Fort Worth, TX (two properties, Keller East and Keller West)
Property 2: Boat Stop Storage in Corpus Christi, TX
Location: Texas
Buyer: Outrig
Highlights:
- This is Outrig’s first acquisition in the state, each representing a best-in-class offering in their respective regions
- The Keller facilities offer premium enclosed, covered, outdoor and self-storage units
- Both properties feature enhanced security, modern customer service platforms, and top-tier amenities tailored to the needs of today’s RV and boat owners
- The Corpus Christi location provides indoor and outdoor storage just minutes from a fully equipped boat launch, complete with parking
Property: Blackhorse Storage
Location: Cypress, TX
Year Built: In phases between 2010 and 2023
Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 14.2 acres
Square Feet: 261,207 (22 single-story buildings)
Unit Count: 572 units (174 climate-controlled units, 144 non-climate-controlled units, 22 warehouse spaces, and about 14,500 square feet of retail and office space)
Highlights:
- Has an entrance gate with keycode access
- Video surveillance throughout the facility
- Concrete driveways
- Perimeter chain-link fencing
- Units with roll-up doors
Property: Self Serve Storage of Westwood
Location: Columbia, SC
Broker and Brokerage: Michael Morrison of Superior Capital Advisors
Highlights:
- Sold to a publicly traded real estate investment trust (REIT)
- The transaction marks a significant milestone for the property as it enters its next phase under institutional ownership
- Located within one mile of the forthcoming $2 billion Scout Motor Company manufacturing plant
- Expected to bring 4,000 direct jobs and thousands more indirect opportunities to the region
Property: Cubesmart – Revere (Class A five-story self-storage facility)
Location: Revere, MA
Brokerage: SkyView Advisors
Year Built: 2020
Acreage: 1.66 acres
NRSF: 81,523
Unit Count: 828 climate-controlled units
Client Testimony: “We were very happy with the whole experience. The process went smoothly from start to finish, and we will definitely engage with SkyView again for future deals.” -Stephen Caruso
Highlights:
- Situated in a dense, high-barrier-to-entry submarket of the Boston-Cambridge-Newton MSA
- Just 4 NRSF per capita within a five-mile radius
Portfolio: Amazing Spaces (Class A Self Storage Portfolio)
Locations: Champion Forest, Greenway Plaza, The Woodlands, Medical Center, Spring & Magnolia, TX
Buyer: SmartStop Self Storage and subsidiaries of SmartStop Self Storage
Brokers and Brokerage: Aaron Swerdlin, Kenneth Cox, Taucha Hogue, Michael Gibbons Of Newmark
NRSF: 568,000
Unit Count: 4,750 units
Highlights:
- All six properties out-position the competition in their respective trade areas and offer industry-leading construction quality and top-line consumer amenities
Property: Entitled Self-Storage Development Site
Location: Wells, ME
Address: 71 Spencer Drive, Wells, Maine
Seller: Patco Construction
Buyer: Brady Sullivan and True Storage (Manchester, New Hampshire-based self-storage developer and owner-operator)
Brokers and Brokerage: Nathan Coe, Gabriel Coe, Brett Hatcher, Luke Dawley and Thomas Shihadeh (firm’s broker of record for Maine) of The Hatcher Coe Group of Marcus & Millichap
NRSF: 70,000
Buyer Testimony: “We are thrilled to add this ground-up development to our portfolio. It will be our 3rd self-storage development in Maine. We are excited about the economics and growth of coastal southern Maine and look forward to breaking ground on this site. The Hatcher Coe group made this transaction quick and seamless.” – Ben Kfoury, investment research analyst from True Storage
Property: My Garage Self Storage (Four metal-framed single-story buildings)
Location: Cypress, TX
Year Built: 2002 (vast assortment of upgrades throughout the property have been made since ownership purchased the property in 2020)
Brokers and Brokerage: Dave Knobler, Mixson Staffel, Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 2.78 acres
Square Feet: 33,300
Unit Count: 143 drive-up non-climate storage units
Highlights:
- Roll-up doors
- Asphalt driveways
- An on-site manager’s office
Property: AllStore Center Self Storage
Location: South San Francisco, California
Year Built: 1997
Buyer: Baranof Holdings
Brokers and Brokerage: Dean Trammell, Adam Schlosser and Ramon Kochavi (firm’s Northern California offices broker of record) of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 3.81 acres
Square Feet: 69,437
Unit Count: 710 units (three two-story buildings with 527 interior units and nine single-story self-storage buildings with 148 drive-up units as well as 35 parking spaces)
Highlights:
- Electronic gated entry with a digital keypad
- A large institutional-style leasing office with retail and a security monitor display
- 24/7 video surveillance throughout the facility
- Concrete driveways
- Metal roll-up doors throughout
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