Recent Transactions: 5.09.2023 – 5.15.2023


Portfolio:
Purely Storage (Seven Property Self Storage Portfolio)
Locations: Beaumont, Groves, Nederland, Bridge City, Orange, TX
Brokers and Brokerage: Dave Knobler and Charles LeClaire of the The LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 389,501
Unit Count: 2,627 units

 


Property: Hattiesburg Climate Controlled Storage C/O
Location: Hattiesburg, MS
Year Built: 2023
Brokers and Brokerage:
Frank DeSalvo and David Perlleshi of Franklin Street
Lot Size: 2.8 Acres
NRSF: 50,225
Unit Count: 404 climate-controlled units
Sq Ft per Capita: 6.9% (three-mile radius)
Average Household Income: $128,216 (three-mile radius)
Vehicles per Day: 13,000
Highlights:

  • Brand new climate-controlled self storage facility delivered at certificate of occupancy in April of 2023
  • Strategically located along US highway 98
  • Strong climate-control rates in the market bolstered by the presence of institutional competitors
  • Multiple ongoing residential and commercial developments within five miles of the site
  • Hattiesburg is home to the university of Southern Mississippi which features an enrollment of ~15,000 students
  • The Hattiesburg MSA is the second fastest growing metro area in Mississippi with a current population of 172,507 residents

 


Property: Self-Stor-It LLC
Location: Cheshire, CT
Year Built / Opened: 2014 / December 2021
Brokers and Brokerage: Nathan Coe, Luke Dawley, Brett Hatcher And Gabriel Coe of The Hatcher Coe Group of Marcus & Millichap
NRSF: 18,745
Unit Count: 273 climate-controlled units
Average Household Income: $180,289 (one-mile radius)
Highlights:

  • 19 miles from Hartford
  • Fast lease-up since opening
  • Under-supplied self storage market
  • Dense & growing surrounding population: 110,589 people (five mile radius)

 


Property: Carlisle Self Storage
Location: Carlisle, PA
Brokers and Brokerage: Gabriel Coe, Brett Hatcher, Nathan Coe and Luke Dawley of The Hatcher Coe Group of Marcus & Millichap
Acreage: 8.24 Acres
NRSF: 45,560
Unit Count: 354 units and 62 parking spaces
Highlights:

  • Affluent market: average household income within one and five miles is well above the national average
  • Growing Surrounding Population: 18% increase since the year 2000 within five miles

 


Portfolio: Cloverleaf Self Storage
Locations: Jonestown, PA & Fredericksburg, VA
Closing Deal:
$4.69 Million
Buyer: Moove In Partners Jonestown LLC

 

Property: Self Storage Center
Location: Fairburn, GA
Year Built:
April 2022
Buyer: Compass Self Storage (Amsdell family of companies)
NRSF: 85,900
Highlights:

  • Easy access drive-up units
  • Climate-controlled units
  • Individual access control
  • 24-hour digital surveillance
  • Full line of moving and packing supplies and moving service options

 

Andover Properties acquired a 23,500 SF self storage facility in Fayetteville, NC
Property: A-1 Lakeview Safe Storage
Location: Fayetteville, NC
Buyer: Andover Properties
Lot Size: 9 Acres
Square Feet: 23,500
Unit Count: 132 climate-controlled units
Highlights:

  • Rebranded under Andover’s Storage King USA brand
  • Drive up storage units
  • Plenty of customer parking available
  • Visibility and access from King road

 

Property: Take Cover RV Boat and Mini Storage
Location: Seneca, SC
Buyer: Reliant Real Estate Management
Brokers and Brokerage: Cameron Vale and Parker Sweet of Berkshire Hathaway Commercial Real Estate
NRSF: 125,722
Unit Count: 167 climate-controlled units and 337 covered + 84 uncovered parking spaces

 

Property: Life Storage (five buildings)
Location: Tampa, FL
Closing Deal:
$16.8 Million
Year Built: 2021
Brokers and Brokerage: Shane Avera, Maxx Bauman and Bill Pedersen of Matthews Real Estate Investment Services
Acreage: 1.73 Acres
NRSF: 65,939

 

Property: Self Storage Property
Location: Naples, FL
Buyer: York RE Capital Partners
Brokers and Brokerage: Britt Taylor, Jim Davies, Ivan Viramontes, Tom Sherlock and Lauren Maehler of Talonvest Capital
Acreage: 1.73 Acres
NRSF: 65,939

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