Recent self-storage transactions reflect strong investor demand, particularly for portfolio acquisitions, expansion opportunities, and tech-enhanced facilities. Institutional investors and REITs are actively growing their market share, with multi-facility acquisitions in high-demand markets like Florida, Texas, Arizona, Chicago, and Indianapolis, where population growth and limited supply drive pricing power. Properties with expansion potential and modern security upgrades remain key investment targets, while specialized assets such as climate-controlled and RV storage continue to attract capital.
Portfolio: ModBox Storage Portfolio (two institutional-quality self-storage facilities)
Locations: Brighton and Evans, CO
Address (Brighton Facility): 9191 County Road 2, Brighton, Colorado
Address (Evans Facility): 2304 Harbor Lane, Evans, Colorado
Brokers and Brokerage: Ben Vestal, Cole Carosella, and Matthew Cox of The Argus Self Storage Advisors Team
NRSF (Combined): 122,980
Unit Count (Combined): 1,058 units
Square Feet (Brighton Facility): 78,880
Square Feet (Evans Facility): 44,100
Unit Count (Brighton Facility): 696 units
Unit Count (Evans Facility): 362 units
Property: Self -Storage Facility (Extra Space Storage Managed)
Location: Cicero, IL
Address: 1331 S. 55th Court, Cicero, Illinois
Year Constructed: 1914
Year Converted to Self-Storage: 2017
Seller: JD3 Property
Buyer: Storage Post Self-Storage
Brokers and Brokerage: Charles “Chico” LeClaire and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 1.90 acres
NRSF: 87,582
Unit Count: 1,012 units
Highlights:
- The facility has a large institutional style leasing office with security and retail display
- The entire facility is comprised of premium Janus metal
- 24/7 premium Rhombus security system
- Four large drive-in loading bays with convenient access to two high end commercial elevators
- Large automatic sliding doors
- Upgraded LED lighting throughout
Property: The Attic Storage
Location: Longmont, CO
Brokers and Brokerage: Sean Ruhlman and Zachary Urow of Urow Real Estate in collaboration with Scott Reid of ParaSell, Inc
Acreage: 1.5 acres
NRSF: 18,694
Unit Count: 176 units
Property: AAA Private Self Storage
Location: Carrollton, GA
Brokers and Brokerage: Sean Ruhlman and Zachary Urow of Urow Real Estate in association with Scott Reid of ParaSell, Inc
Acreage: 10.1 acres
NRSF: 106,825
Unit Count: 787 units
Property: Everett Street Storage
Location: Middleborough, MA
Address: 204 Everett St., Middleborough, Massachusetts
Year Built: 2017
Brokers and Brokerage: Nathan Coe, Gabriel Coe, Brett Hatcher and Thomas Shihadeh of The Hatcher Coe Group of Marcus & Millichap
Acreage: 2.55 acres
NRSF: 18,710
Unit Count: 181 units (21 climate-controlled units, 140 non-climate-controlled units, two offices and 18 parking spaces)
Property: Edgewood Grove Storage
Location: Somerset, PA
Address: 298 North Drive, Somerset, Pennsylvania
Deal Listed for: $4 Million
Year Completed: 1997
Brokers and Brokerage: Jared Houck, Kevin Bledsoe, Matthew Junkin and Tim Stephenson of Marcus & Millichap (King of Prussia office)
Acreage: 2 acres
Square Feet: 35,100
Unit Count: 265 units
Highlights:
- Has 12 multifamily units
- Comprises of seven houses and an apartment building
Property: Self-Storage Facility
Location: Oak Ridge, TN
Address: 500 Scarboro Lane, Oak Ridge, Tennessee
Year Developed: 1983 (in phases)
Buyer: The GSI Opportunity Fund (managed by Madison Capital Group)
Square Feet: 54,565
Unit Count: 515 units
Vehicles Per Day: 26,857
Population (5-mile radius): 40,672
Average Household Income: $80,925
Highlights:
- The facility features eleven single-story buildings with metal interior partitions
- Sliding gate with keycode access control
- On-site resident manager’s quarters
- Climate-controlled storage units
- Video surveillance
- Well-lit aisles with security lighting
- Professional landscaping and vehicle parking spaces
- Go Store It Self Storage, an affiliate of Madison Capital Group, is responsible for executing the fund’s investment strategy
- Additionally, climate-controlled self-storage saturation is a low 2.0 square feet per capita, signaling continued demand for high-quality storage options
Property: Self-Storage Facility
Location: Murfreesboro, TN
Address: 1323 N.W. Broad St., Murfreesboro, Tennessee
Buyer: SmartStop Self Storage REIT Inc.
NRSF: 62,100
Unit Count: 471 units (384 drive-up units and six RV units distributed across 12 single-story buildings)
Property: Self-Storage Facility
Location: Murfreesboro, TN
Address: 1323 N.W. Broad St., Murfreesboro, Tennessee
Buyer: SmartStop Self Storage REIT Inc.
NRSF: 62,100
Unit Count: 471 units (384 drive-up units and six RV units distributed across 12 single-story buildings)
Property: Self-Storage Facility
Location: Indianapolis, IN
Year Converted: 2020
Buyer: MyPlace Self Storage
Brokers and Brokerage: Tom Flannigan, Alex Ihrke, Matt Haugen, and Nathan Gottlieb of Argus Self Storage Advisors ( Minnesota, Iowa and North and South Dakota Broker Affiliates)
NRSF: 58,365
Highlights:
- This modern facility is strategically located near prominent retail developments, including a Walmart Supercenter
- Provides convenient access for both residential and commercial customers
- The property offers significant potential for future growth, with a large parking lot that presents an opportunity for expansion
Property: KC Budget Storage
Location: Kansas City, MO
Address: 14600 E. 210 Highway, Kansas City, Missouri
Broker and Brokerage: Kris Parker of Friedman Real Estate
Unit Count: 302 units
Square Feet: 35,350
Portfolio: Five Self Storage Facilities (all currently operating under the U.S. Storage Centers brand)
Locations: Florida, Texas and Arizona
Seller 1: Westport Properties (sold three assets)
Seller 2: Strategic Asset Management (sold two assets)
Buyer: Strategic Storage Growth Trust III Inc.
Address1: 4860 N. 83rd Ave., Phoenix, Arizona
Year Completed: 2006
NRSF: 82,600
Unit Count: 730 units
Address 2: 460 Florida Central Parkway, Longwood, Florida
Year Completed: 1988
NRSF: 68,800
Net Rentable Square Feet Per Capita: 9.94
Unit Count: 560 ground-level, climate-controlled units across eight single-story buildings
Address 3: 6707 Narcoossee Road, Orlando, Florida
NRSF: 101,000
Year Completed: 2003 and 2005 (delivered in two phases)
Net Rentable Square Feet Per Capita: 13
Unit Count: 690 ground-level, climate-controlled units (Four single-story buildings)
Address 4: 3701 Farm to Market Road 2181, Corinth, Texas
NRSF: 98,100
Unit Count: 770 units (17 single-story buildings and another two two-story buildings)
Year Completed: 2000 and 2005 (completed in two phases)
Net Rentable Square Feet Per Capita: 7.4
Address 5: 7906 Spencer Highway, Pasadena, Texas
NRSF: 150,000
Year Completed: 2003 to 2007 (multiple phases)
Net Rentable Square Feet Per Capita: 18
Unit Count: 860 units and 80 RV units (seven-building property)
Portfolio: Three Compass Self-Storage Properties
Locations: Torrington, CT – Oviedo, FL and Manville, NJ
Finance Amount: $21.4 Million
Finance Arranged by: Marcus & Millichap Capital Corporation (MMCC)
Square Feet: 213,700
Unit Count: 1,709 units
Highlights:
- Doug Brooks of MMCC secured the financing with a national bank on behalf of a private self-storage development company
- Terms of the 10-year, non-recourse loan
- Full-term interest only at a 6.64% rate and a 65% loan-to-value
Property: Cicero Self-Storage Property (formerly managed by Extra Space)
Location: Cicero, IL
Address: 1331 S. 55th Ct., Cicero, Illinois
Buyer: Storage Post Self Storage
Brokers and Brokerage: Charles “Chico” LeClaire and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
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