Recent Transactions: 4.16.2024 – 4.22.2024

Property: Devon Self Storage (Third-Party Managed)
Location: Pasadena, TX
Address: 6045 Fairmont Parkway, Pasadena, Texas
Seller: Pasadena Self Storage, LLC
Buyer: Extra Space Storage
Brokers and Brokerage: Tom de Jong and Jacob Becher of The de Jong | Becher Self Storage Group of Colliers with Charles Fertitta of Colliers, Houston
NRSF: 71,505
Unit Count: 509 units (471 fixed storage units and 38 boat/RV parking spaces)
Occupancy: 80%

Property: Sheperd Storage Facility
Location: Bryan, OH
Seller: Charles Sheperd
Broker and Brokerage: Ryan Mitchell of SVN Wilson Commercial Group
Acreage: 5 acres
Square Feet: 12,000
Unit Count: 98 indoor units with four outdoor parking spaces
Highlights:

Two-building property
Room for expansion

Property: Storage Wise of Fredericksburg
Location: Fredericksburg, VA
Buyer: Arcland Property Company, LLC
Brokers and Brokerage: Stacey Gorman, Cameron Bradford, Sam Slocum and Brian Hosey of Marcus & Millichap
Acreage: 4.8 acres
Square Feet: 35,050
Unit Count: 263 units
Highlights:

Three building facility
In 2022, the property expanded with the addition of a climate-controlled building containing 55 units

Property: Urban Heights Storage
Location: Des Moines, IA
Year Built: 2020
Brokers and Brokerage: George Kondracke, Jon Ruzicka, Brian Kelly, Brett Hatcher, Gabriel Coe, and Nathan Coe of The Hatcher Coe Group of Marcus & Millichap with Brad Vander Linden of The Linden Company
Acreage: 5.40 acres
Square Feet: 54,095 (with future expansion opportunities planned)
Unit Count: 257 climate-controlled, 95 drive-up and 51 indoor units with 28 parking spaces

Property: Self-Storage Development Site
Location: Lehigh Acres, FL
Closing Deal: $4.5 Million
Brokerage: Self Storage Advisory Group of CBRE
Square Feet: 87,813
Highlights: