Recent Transactions: 03.07.2023 – 03.13.2023


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
  • Personalized Key-pad gated entry
  • Excellent visibility and accessibility
  • Boat & RV storage

 


Property: Premier Storage of Akron
Location: Akron, OH
Brokers and Brokerage: Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 21,200
Unit Count: 148 non-climate-controlled units and 1 Office/Warehouse
Highlights:

  • Under three miles from Akron University (over 12,000 students)
  • Under-supplied self storage market
  • Extremely dense surrounding population: 228,168 people living within five miles
  • 99,543 people living within three miles

 


Property: Mint Storage
Location: Norfolk, VA
Brokers and Brokerage: Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 17,626
Unit Count: 131 non-climate-controlled units and Two Offices
Physical Occupancy: 93%
Highlights:

  • Great Visibility Along East Princess Anne Road
  • Dense Area – 117,745 People Within Three Miles; 312,373 People Within Five Miles
  • Growing Surrounding Area: Population has Increased by 11% Since the Year 2000 Within a Five Mile Radius

 


Property:
Elite Storage of Sherman
Location: Sherman, TX
Brokers and Brokerage: Bryan Quaschnick, Danny Cunningham and Brandon Karr of the Karr- Cunningham Storage Team of Marcus & Millichap
NRSF: 22,925
Unit Count: 207 units
Highlights:

  • Perimeter fencing and lighting
  • Concrete driveways
  • 24/7 video surveillance system
  • Garage-style roll-up doors
  • Personalized Key-pad entry

Portfolio: Four Class A Self Storage Properties
Locations: Austin, TX, Phoenix, AZ and Riverside, CA
Closing Price: $80 Million

Seller: KKR
Unit Count: 2897 units

Property: Modern Storage
Location: Little Rock, AR
Closing Price: $8.8 Million

Buyer: Westport Little Rock Cunningham Self Storage LLC
Seller: Modern SW LLC
Broker: Keith Richardson
Unit Count: 675 units

Property: Old Town Self Storage
Location: Winston-Salem, NC
Brokers and Brokerage: Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap
Year Built: 1995
Square Feet: 7,200
Unit Count: 75 non-climate/climate-controlled units
Vehicle Storage: 40 spaces

Property: Prime Storage
Location: Bremerton, WA
Buyer:
Prime Group Holdings
Seller: AWT Construction
Brokers and Brokerage: Monty Spencer and Dylan Stallings of The Storage Acquisition Group
Acreage: 9.5 acres
NRSF: 69,140
Unit Count: 376 non-climate/climate-controlled units
Rentable Square Feet Per Capita: 9.5 %
Highlights:

  • Drive-up access
  • Carts and dollies
  • Roll-up doors
  • Video surveillance
  • RV and boat parking
  • Moving supplies

Portfolio: 14-Asset Self Storage Portfolio
Locations: Los Angeles, The Inland Empire, San Diego, CA and Salt Lake City, UT
Buyer: CBRE Investment Management
Broker and Brokerage: Nick Walker of the National Self Storage Advisory Group of CBRE
Unit Count: 8697 climate-controlled units

Highlights:

  • The self storage assets will operate under the StorQuest brand
  • Single-story drive-up units
  • Mix of indoor, climate-controlled units and outdoor units
  • Currently 95 percent leased

Property: Foothill Mini Storage
Location: Boulder City, NV
Closing Price:
$2.9 Million
Broker and Brokerage: Jeff Gorden of the Argus Self Storage Advisors
Acreage: 1.2 acres
Unit Count: 218 units


Property: Lackland Self Storage Co
Location: Medford, OR
Closing Price:
$475,000
Broker and Brokerage: Peter Wisniewski of the Kislak Commercial Real Estate Services
Buyer: Tudor Development LLC
Acreage: 4.77 acres


Property: A Self Storage Facility
Location: Hinesville, GA
Buyer:
Capital Growth StoreGuard
Square Feet: 39,236
Unit Count: 358 units
Highlights:

  • The new owner planning to add 12,000 square feet and 137 new units to the facility

 

self storage facility chino ca
Property: A Self Storage Facility
Location: Chino, CA
Buyer: Westport Properties
NRSF: 13.2 Million
Unit Count: 701 climate-controlled units
Highlights:

  • The company will rebrand this facility under its US Storage Centers brand
  • The property consists of 13 buildings
  • The property is 99.5 % leased
  • Situated nearby several neighbourhood and cities including Chino Hills, Ontario, Montclair, Claremont and Pomona
  • Few minutes away from several colleges and universities including Western University of Health Sciences, Norco College, The Claremont Colleges and Mt. San Antonio College
  • Drive up accessibility
  • Electronic gated access
  • 24-hour video surveillance

Portfolio: Sundance Self Storage portfolio
Location: Roseville, CA
Closing Price:
$35.5 Million
Buyer: Wentworth Property Co.
Seller:
Seaview Financial
Broker and Brokerage:
Nick Walker of the Self Storage Advisory Group of CBRE Group Inc.
Square Feet: 188,950
Unit Count: 1,244 units

Property: Cypress Mini Storage
Location: West Monroe, LA
Brokers and Brokerage:
John Lindsey, Dezmon Fortenberry and Jim Ritchie of the Lindsey Self Storage Group
NRSF: 21,000

Property: KO Storage
Location: Kings Mountain, NC
Brokers and Brokerage: John Lindsey and Kirk Martin of the Lindsey Self Storage Group
NRSF: 60,300

Property: Alliance Self Storage
Location: Lockhart, TX
Year Built: 2002
Broker and Brokerage:
Jon Danklefs of the Marcus & Millichap
Acreage: 5 acres
Square Feet: 70,750
Unit Count: 532 units

Property: Creekside Storage
Location: Grand Rapids, MI
Brokers and Brokerage: Brian Kelly, Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap
Year Built: 2019
Acreage: 9.9 acres
Square Feet: 122,900
Unit Count: 658 units
Vehicle Storage: 40 spaces

Property: A CubeSmart-Managed Facility
Location: Broussard, LA
Closing Price:
$14 Million
Brokers and Brokerage: Eddie Greenhalgh, Jake Payne and Lee Thornton and Chris Shaheen of Marcus & Millichap
Acreage: 8.8 acres
Square Feet: 83,675
Unit Count: 704 units

Property: U-Stor-It
Location: Lansing, MI
Year Built: 1988
Brokers and Brokerage: Meir D. Perlmuter, Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap
Buyer: U-Haul International Inc.
Acreage: 2.5 acres
Square Feet: 41,600
Unit Count: 385 units

Portfolio: All Steel Storage Portfolio
Locations: Lake Placid, NY and Sebring, FL
Brokerage: Hatcher-Coe Group of Marcus & Millichap
Square Feet: 42,754
Unit Count: 277 units

Property: Hanover Self Storage
Location: Hanover, PA
Brokerage: Hatcher-Coe Group of Marcus & Millichap
Occupancy Rate: 92%
NRSF: 32,150
Unit Count: 278 units

Property: Jonestown Self Storage
Location: Jonestown, PA
Brokerage: Hatcher-Coe Group of Marcus & Millichap
Occupancy Rate: 95%
NRSF: 42,366
Unit Count: 266 units

 

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