Stay up-to-date on the latest self-storage transactions happening nationwide! If you have a recent transaction to share, let us know—your updates help keep our community informed.
Property: Interstate Secure Storage
Location: Janesville, WI
Address: 3031 E. County Road O, Janesville, Wisconsin
Year Built: 2015
Closing Deal: $2.3 Million
Buyer: Hastings Property Group LLC
Broker and Brokerage: Dan Bowar of Marcus & Millichap (Milwaukee office)
NRSF: 44,250
Unit Count: 233 units
Highlights:
- Currently plans to expand
- Has two additional buildings totaling 25,950 square feet
Property: Lake Wales Storage C/O
Location: Lake Wales, FL
Address: 931 Chalet Suzanne Rd, Lake Wales, Florida 33859
Brokers and Brokerage: David Perlleshi and Frank DeSalvo of Franklin Street
Acreage: 5.05 acres
NRSF: 61,375
Unit Count: 569 units
Buyer Testimonial: “We recently had the pleasure of working with David Perlleshi and Frank DeSalvo of Franklin Street on the successful purchase of the Lake Wales CO Self Storage facility. Their professionalism and dedication were evident throughout the year-long contract process. They skillfully managed expectations on both sides, fostering open communication and ensuring a mutually beneficial outcome. We appreciate their expertise and look forward to working with them again on future acquisitions.”
Property: Self-Storage Facility
Location: Hughes Springs, TX
Year Built: 2019
Brokers and Brokerage: Brandon Karr and Danny Cunningham of Marcus & Millichap
NRSF: 54,100
Unit Count: 260 units plus 20 RV/boat storage spaces
Portfolio: Eight-Property Self-Storage Portfolio
Locations: Olive Branch & Nesbit, MS and Memphis, TN
Year Built: between 1972 and 2006
Seller: Gelt Ventures LLC
Buyer: Minimal Storage Properties (Canadian-based investor)
Square Feet: 487,000
Unit Count: 3,999 units
Highlights:
- Gelt Ventures originally acquired the portfolio in June 2020 for $41 million
- The single-story properties
- Five assets in Memphis, TN
- Two in Olive Branch, MS
- One in Nesbit, MS
- Commercial office space
- Manager’s apartments
- A mix of drive-up, indoor and climate-controlled units averaging 141 square feet in size
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