Recent Transactions: 5.02.2023 – 5.08.2023

Property: Meadowlark Self Storage
Location: Tonakset, WA
Broker and Brokerage:
Ryan Layton of AREA Commercial Real Estate of the Argus Self Storage Advisors
NRSF: 13,400
Unit Count: 82 steel-framed units
Occupancy: 98%
Rate Per SF:
$78.35
Highlights:

  • The facility consists of two steel-framed storage buildings
  • There is room for expansion and rental rate increases
  • Secure in/out access gate
  • Security system

 


Property:
Recreational Storage
Location: Royal, AR
Broker and Brokerage: John C. Lindsey, Jim Ritchie and Matt Rosendale of Lindsey Self Storage Group
NRSF: 24,720

 


Property:
Sandia Skies Self Storage
Location: Albuquerque, NM
Brokers and Brokerage: Ben Tracy and Simon Assaf of Matthews Real Estate Investment Services
NRSF: 74,000
Unit Count: 586 units

 

Portfolio: All Steel Storage Portfolio
Locations: Winter Haven, Sebring and Lake Placid, FL
Brokers and Brokerage: Gabriel Coe, Brett R. Hatcher, Nathan Coe and Ryan Nee of the Hatcher Coe Group of Marcus & Millichap
NRSF: 69,415
Unit Count: 424 units (Combined)

Highlights:

  • There’s room for expansion at the Sebring and Winter Haven locations

 

Property: Innisfail Self Storage & RV Parking
Location: Innisfail, Ontario
Buyer: Make Space Storage
Square Feet: 27,000
Unit Count: 241 units +  57 vehicle-storage spaces

 

Property: Self Storage Property Land
Location: Morganton, NC
Buyer: Military & Patriots Investment Group
Seller: Darren Stillwell
Brokers and Brokerage: Frank DeSalvo and David Perlleshi of the National Self-Storage Team of Franklin Street
Acreage: 2.13 acres
NRSF: 24,750

 

Portfolio: 12-Property Portfolio
Locations: Fruitport, Kent City, Muskegon, Spring Lake and West Olive, MI
Buyer: Prestige Storage (in a partnership with Peaceable Street Capital)
NRSF: 490,302 (Combined)
Unit Count: 2956 units

CBRE announced the $43.55 million sale of a three-property self-storage portfolio to Wentworth Property Company
Portfolio: Three-Property Self Storage Portfolio
Locations: Lawrenceville and Lilburn, GA
Closing Deal: $43.55 Million
Buyer: Wentworth Property Company
Seller: Gwinnett Self Storage
Brokers and Brokerage: Nick Walker and Morgan Windbiel of the Self Storage Advisory Group of CBRE
Square Feet: 242,500
Unit Count: 1,912 units
Occupancy: 94%


Property:
Class A Self Storage Property
Location: Vancouver, British Columbia
Buyer: Strategic Storage Trust VI, Inc.
NRSF: 60,500
Unit Count: 350 climate-controlled units
Highlights:

  • Seven-story facility
  • Facility branded under the SmartStop Self Storage
  • 890 climate-controlled units available when fully built out
  • Easy-to-navigate wide driveways
  • Covered drive-up loading areas
  • Digital security access points
  • 24/7 video surveillance

 

Property: Arbor Manor Apartments & Storage
Location: Duncannon, PA
Closing Deal: $3 Million
Year Built: 1980
Acreage: 5.5 acres

Unit Count: 47 self storage units and 31 residential units
Broker and Brokerage: Matt Wolf of The Kislak Co. Inc.


Property:
Self Storage Facility
Location: Aurora, CO
Closing Deal: $2 Million
Brokers and Brokerage: Quentin Shore, Chris Knowlton and Jim Knowlton of the Knowlton Lawson Team of Pinnacle Real Estate Advisors
Highlights:

  • The lot is two blocks away from the Anshutz Medical Campus

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