Recent self-storage transactions showcase the sector’s adaptability and appeal across diverse markets. Urban assets like Extra Space Storage in Allen, Texas, highlight the demand for Class A, climate-controlled facilities, while value-add opportunities in tertiary markets, such as Graham and Victoria, Texas, attract investors seeking expansion potential. High-visibility properties like Gateway Storage of Rolla, Missouri, further demonstrate strategic positioning’s role in driving demand. The emphasis on modernization and scalability highlights the sector’s response to shifting market demands.
Portfolio: NextStor Storage Portfolio
Location: Candler, NC
Address: 1952 Smokey Park Hwy, Candler, NC 28715 & 2528 Smokey Park Hwy, Candler, NC 28715
Brokers and Brokerage: Frank DeSalvo, Joe Lombardo & David Perlleshi at Franklin Street
Acreage: 4.38 acres
NRSF: 33,055 NRSF
Unit Count: 236 Units
Seller Testimonial: “NextStor Storage in Candler marks the second transaction the team at Franklin Street has been able to facilitate for us this year. Over the course of five months, Frank, David, and Joe guided this deal to a successful close by bringing in the right buyer and working diligently through every step of the process. Their team is exceptional in the services they provide to their clients.”
Property: Kwiklock Storage
Location: Windom, MN
Brokers and Brokerage: Nathan Gottlieb, Matt Haugen, Alex Ihrke, and Tom Flannigan of Argus Self Storage Advisors
NRSF: 12,900
Unit Count: 77 drive up self storage units
Property: Self Storage Facility (Class B Property)
Location: Graham, TX
Brokerage: KW Commercial Investment Advisors
Square Feet: 49,090
Unit Count: 334 units
Highlights:
- Property had high historical occupancy
- Sold with ample acreage for expansion along Highway 380
Property: Airline Storage
Location: Victoria, TX
Brokers and Brokerage: Dave Knobler, Charles “Chico” LeClaire and Mixson Staffel of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 5.79 acres (roughly 2.5 acres are undeveloped)
Square Feet: 48,775
Unit Count: 172 climate-controlled and 205 drive-up non-climate-controlled units
Highlights:
- Airline Storage consists of six single-story buildings
- Airline Storage has many amenities commonly found in Class A self-storage facilities
- Onsite managers office
- Concrete drives
- Roll-up doors
- Chain-link fencing with digital keycode access gate
- 24/7 video surveillance throughout the property
Property: Gateway Storage of Rolla
Location: Rolla, MO
Address: 11295 Old Highway 66, Rolla, Missouri
Year Built: 2015
Seller: Gateway Storage Mall
Broker and Brokerage: Marla Čolić of Marcus & Millichap
Acreage: 3.13 acres
Square Feet: 33,978
Unit Count: 242 units (132 non-climate-controlled and 110 climate-controlled units)
Vehicles Per Day: 36,000
Property: Extra Space Storage (three-story facility)
Location: Allen, TX
Year Built: 2019
Broker and Brokerage: Jon Danklefs of Marcus & Millichap
NRSF: 80,421
Unit Count: 769 climate-controlled units
Property: Sentry Storage
Location: Athens, TX
Year Built: 1981
Brokers and Brokerage: Brandon Karr and Danny Cunningham of The Karr-Cunningham Storage Team of Marcus & Millicha
Acreage: 9.1 acres (recently expanded)
NRSF: 47,356
Unit Count: 316 units
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