Recent Transactions: 11.09.2022 to 11.15.2022

Portfolio: Two self storage facilities
Location: Kensington, MD and Alexandria, VA
Buyer: Arcland Property Co
NRSF: 281,000
Units: 3,100 units combined
Closing Price: $112.8 million

 

Property: AAA Self Storage
Location: South Elgin, IL
Buyer: Trojan Storage
Seller: Shanahan Enterprises LLC
Broker and Brokerage: Sean Delaney of Marcus & Millichap
NRSF: 72,850
Units: 388 storage units inside eight drive-up storage buildings
Occupancy: 96%
Room for Expansion: 2.4 acre extra land
Closing Price: $11.65 million

 

Property: Cold storage facility
Location: Houston, TX
Buyer: Harbor Capital LLC
Seller: Mendware LLC
Brokers and Brokerage: Cary Latham and Wyatt Huff of Partners represented the buyer and Stephen Schneidau of Cushman & Wakefield and independent broker Bill Schneidau represented the seller
NRSF: 96,011

 

Property: Combs Mini Storage
Location: Festus, MO
Buyer: Midwest Storage Group
Brokers and Brokerage: Anne Williams and Marla Čolić of Marcus & Millichap
NRSF: 69,425
Units: 529 (three buildings with 506 non-climate-controlled units and 23 parking places)
Amenities:
24-hour video surveillance
Individual keypad access
Perimeter security fence
Management office

 

Portfolio: A+ Self Storage Two-Property Portfolio
Location: Swartz Creek and Flint, MI
Brokers and Brokerage: Jonathan Fawley, Brian Kelly, Brett Hatcher and Gabriel Coe of The Hatcher-Coe Group of Marcus & Millichap
NRSF: 189,165
Units: 94 climate-controlled units, 1,084 non-climate-controlled units, one indoor unit and 29 parking spaces

 

Banner Engineering has sold this industrial building at 15755 32nd Ave. N. in Plymouth to a group planning to redevelop it as self-storage. (Submitted photo: Banner Engineering)

Property: Building
Location: Plymouth, MN
Seller: Banner Engineering
Closing Price: $5.8 million

 

Property: Heartland Storage
Location: Cedar Lake, IN
Brokers and Brokerage: Meir Perlmuter, Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 148,010
Units: 34 climate-controlled units, 824 non-climate-controlled units and 68 parking spaces
Room for Expansion: Yes

 

Property: Montana Mini Storage
Location: Butte, MT
Brokers and Brokerage: Kim Van Delinder and Larry Hayes of Argus Self Storage Advisors
NRSF: 26,980
Units: 191
Room for Expansion: Yes

 

Property: Corporate Woods Storall
Location: Magnolia, TX
Brokers and Brokerage: Dave Knobler and Charles LeClaire of Marcus & Millichap
NRSF: 99,180
Units: 298

 

Property: Wildcat Self Storage
Location: Nitro, WV
Brokers and Brokerage: Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 25,826
Units: 195 units (17 climate-controlled units, 175 drive-up units and three parking spaces)
Occupancy: 87%

Amenities:
Fully set up for remote management with fencing
Electric gate
Brand new security system

 

Property: Self Storage Facility
Location: Knoxville, TN
Buyer: Platinum Storage Group
Seller: MV Investment
NRSF: 90,000
Units: 650

 

Property: Dixon Storage
Location: Dixon, MO
Brokers and Brokerage: John C. Lindsey and Dezmon Fortenberry of Lindsey Self Storage Group
NRSF: 16,876

 

Property: Azco Center Point Storage
Location: Azle, TX
Brokers and Brokerage: Danny Cunningham and Brandon Karr of the Karr-Cunningham Storage Team of Marcus & Millichap
NRSF: 37,228
Units: 276
Room for Expansion: Yes
Amenities:
Perimeter fencing and lighting
Concrete and asphalt driveways
24/7 video surveillance system
Personalized keypad gated entry and exit
Garage-style roll-up doors
On-site residence

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