Recent Transactions: 03.21.2023 – 03.27.2023


Property:
A-AAA Mini Storage
Location: Torrance, CA
Brokers and Brokerage:
Cameron Vale, and Andrew Plunkett of Berkshire Hathaway
NRSF: 17,194
Unit Count: 288 units


Property: Eldon Self Storage
Location: Eldon, MO
Closing Price:
$1.5 Million
Brokers and Brokerage: Robert Cook, Sean Delaney and David Saverin of Marcus & Millichap
Highlights:

  • 6.2 sq/capita of storage in a 3-mile radius
  • This deal includes a long-term warehouse lease with new 3-year extension
  • The building features all steel structures, security cameras, and lighting throughout

Property: CHR Storage and Rentals
Location: Gaffney, SC
Broker and Brokerage: Veronica Lee of Sauls Storage Group
NRSF: 12,000
Unit Count: 106
non-climate controlled units


Property: Tallahassee Self Storage Facility
Location: Tallahassee, FL
Year built: March 2023
Seller:
MV Investment
Broker and Brokerage: Aaron Rowley of MV Investment
Square Feet: 118,500
Unit Count: 882 climate-controlled units
Highlights:

  • The facility fills a severe shortage of climate controlled self storage facilities in the area
  • Offers ground-level access on both the first and second floors
  • The owners can charge premium rent for two floors


Property: Cameron U Store M
Location: Cameron, TX
Brokers and Brokerage: Arol Horkavy and Jon Danklefs of Marcus & Millichap
Acreage: 2.48 acres
Unit Count: 179 units

greenville-self-storage-teaser.png
Property: Greenville Self Storage
Location: Dallas, TX
Year built: 2019
Buyer:
Extra Space Storage
Seller: Wentworth Property Company, LLC
Brokers and Brokerage: Brian Somoza, Steve Mellon, Matthew Wheeler and Adam Roossien JLL Capital Markets Investment Sales and Advisory team of JLL
Square Feet: 83,000 (includes 2,100 square feet of retail space)
Unit Count: 741 climate-controlled drive-up units
Occupancy: 90%
Vehicles per day: 30,000
Highlights:

  • CubeSmart was previously managed the property
  • Four-story class A facility
  • State-of-the-art security and personalized access
  • More than 173,000 residents within a three-mile radius

Property: Chesdin Storage
Location: Petersburg, VA
Seller: Virtual Realty Partners, Inc
Broker and Brokerage: Michael Morrison of Midcoast Properties, Inc
Acreage: 3.66
NRSF: 40,600
Unit Count: 331 climate-controlled standard drive-up units and parking
Occupancy: 100%

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