Recent Transactions: 5.14.2024 – 5.20.2024

Cherry Ave Self Storage
Location: Fresno, CA
Address: 1844 S Cherry Avenue, Fresno, California
Closing Deal:
$8.2 Million
Year Built & Expanded: 1918 & 2022
Buyer: PSC Fresno, LLC (an affiliate of Pratt Street Capital, LLC)
Broker and Brokerage: Brian Somoza of the Investment Sales and Advisory team of JLL Capital Market
Acreage: 5.74 acres
Unit Count: 1,085 units
Vehicles Per Day:

  • Consists of a three-story building and 12 one-story buildings
  • Drive-up units
  • Freight elevators
  • Boat and RV parking
  • Newly renovated office (262 square feet)



Property: Affordable Storage
Location: Alvin, TX
Year Built: 1982 (climate-control buildings were built in 1994)
Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 3.01 acres
Square Feet:

  • Has eight single-story buildings
  • Video surveillance throughout the property
  • Automatic entrance gate with key code access
  • Roll-up doors
  • Concrete driveways
  • Full-service on-site manager’s office with an onsite residence



Lakeside Boat & RV Storage
Location: Lake Havasu City, AZ
Closing Deal: $5.3 Million
Broker and Brokerage: Jeff Gorden of the Keller Williams Commercial – Broker Affiliate for the Argus Self Storage Advisors
NRSF: 64,040
Unit Count: 128 units



True Storage Portfolio (10-facility self-storage Portfolio)
Locations: MA, ME, FL, GA, KY, MN, RI, PA, and NH
Brokers and Brokerage: Bill Sitar, John Cranley, Andrew Burchinsky and Monty Spencer of The Storage Acquisition Group (TSAG)



U-Lock-It Mini Storage
Location: Cleburne, TX
3233 N Main St in Cleburne, Texas
Brokers and Brokerage: Danny Cunningham and Brandon Karr of the Karr-Cunningham Storage Team of Marcus & Millichap
NRSF: 27,120



Lorena Mini Storage
Location: Lorena, TX
Address: 1530 N Houston St in Lorena, Texas
Brokers and Brokerage: Danny Cunningham and Brandon Karr of the Karr-Cunningham Storage Team of Marcus & Millichap



Property: Self Storage Facility (CubeSmart managed)
Location: Kenosha, WI
Buyer: Inland Real Estate Acquisitions LLC
Seller: Macritchie Group
Brokers and Brokerage: Adam Schlosser, Charles LeClaire, Jack Sullivan and Matthew Tice of The LeClaire-Schlosser Group of Marcus & Millichap
Square Feet: 90,900
Unit Count: 900 climate-controlled units

  • Two-story property
  • Two covered loading bay areas
  • Large leasing office
  • 24/7 video monitoring and alarm system



Self Storage Facility
Location: West Gardiner, ME
17 Town House Road, West Gardiner, Maine – 04345
Year Built: 2023
Closing Deal:
$2.1 Million
Buyer: 17 Town House Road, LLC
Seller: West Gardiner Self Storage, LLC
Brokers and Brokerage (Seller): Brandon Mitchell of Malone Commercial Brokers
Brokers and Brokerage (Buyer): Jordan Stolt of Summit Real Estate
Acreage: 7.5 acres
Square Feet: 26,000

  • All new buildings with a newly paved lot finished in August 2023
  • Five storage unit buildings


Portfolio: StorageBlue Self-Storage Portfolio
Locations: Hoboken, Jersey City, Union City, Newark, and Garfield, NJ
Brokers and Brokerage: Nathan Coe, Gabriel Coe, Brett Hatcher and John Horowitz of The Hatcher Coe Group of Marcus & Millichap

  • The portfolio contains a mix of climate-controlled and non-climate-controlled units
  • The portfolio consists of multiple multi-story assets
  • Street frontage
  • Outdoor parking
  • Keypad entry systems
  • 24-hour video surveillance




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