Recent Transactions 09.20.2022 to 09.26.2022

Property: 70,000-square-foot complex
Closing Price: $6.026 million
Location: Vancouver Island, BC, Edmonton, AB, Calgary, AB, Kitchener, ON and Mississauga, ON
Buyer: Life Storage, Inc

Property: St. Stephen Storage
Location: Saint Stephen, SC
Brokers and Brokerage: Jonathan M. Fawley, Brett R. Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 43,820
Unit Count: 348 (323 non-climate-controlled units and additional 25 parking spaces)
Occupancy: 93%

Property: Flatlander Self Storage
Location: Davenport, WA
Brokers and Brokerage: Ryan Layton of Argus Self Storage Advisors
Buyer: LFIG1, LLC
Unit Count: 160 boat/RV parking spaces plus 44 units of covered/enclosed storage
Room for Expansion: 5+ acres

Property: Chattanooga Hwy 58 Self Storage
Location: Chattanooga, TN
Brokers and Brokerage: Gabriel Coe, Brett Hatcher and Nathan Coe of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 23,720
Unit Count: 16 climate-controlled units, 147 non-climate-controlled units, and four office spaces plus 10 outdoor uncovered parking spaces
Occupancy: 94%

Property: Prime Storage
Location: Houston, TX
Brokers and Brokerage: Dave Knobler and Charles LeClaire of Marcus & Millichap
NRSF: 189,088
Unit Count: 1,326

Property: 63,000 square foot Florida self storage facility
Location: Oxford, Florida
Brokers and Brokerage: Dave Knobler and Charles LeClaire of Marcus & Millichap
Buyer: Strategic Storage Trust VI, Inc.
NRSF: 63,000
Unit Count: 440 interior climate-controlled and exterior drive-up units along with 48 outdoor RV parking spaces

Property: Advanced A-1 Self Storage
Location: Odessa, TX
Brokers and Brokerage: Dave Knobler and Mixson Staffel of Marcus & Millichap
Unit Count: 411

Property: 890-unit Canada self storage facility
Closing Price: $7.75 million
Location: Burlington, ON
Buyer: Strategic Storage Trust VI, Inc.
NRSF: 92,400
Unit Count: 890 (mix of climate-controlled, drive-up and interior units)

Portfolio: Five-property Florida self-storage portfolio
Closing Price: $7.75 million
Location: Gainesville and St. Augustine, FL
Brokers and Brokerage: Gabriel Coe, Brett Hatcher, Nathan Coe and Meir Perlmuter of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 290,000
Unit Count: 2,317 (combined)
Occupancy: 93%

Property: Advantage Storage
Location: Houston, TX
Brokers and Brokerage: Dave Knobler and Charles LeClaire of Marcus & Millichap
NRSF: 69,839
Unit Count: 777 (mix of non-climate-controlled and climate-controlled units plus RV and boat parking)

 

 

 

 

 

 

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