Recent Transactions: 6.20.2023 – 6.26.2023

Portfolio: Two Self Storage Properties
Locations: Kansas City and Lee’s Summit, MO
Buyer: StorageMart
NRSF:
112,266 (Combined)
Unit Count: 796 units (Combined)
Square Feet:
64,015 (Lee’s Summit Storage)
Square Feet:
48,251 (Kansas City Storage)
Acreage: 3.8 acres (Kansas City Storage)
Highlights:

  • On-site amenities for Kansas City Storage include;
    • Video surveillance
    • Parking for RV and boat
    • Gated and drive-up access
  • The Lee’s Summit storage facility offers;
    • Video surveillance
    • Gated and drive-up access
    • On-site manager

 

Portfolio: Eight-Facility Self Storage Portfolio
Locations: Ontario in Toronto, Mississauga, Burlington, Hamilton and Vaughan (Woodbridge)
Closing Deal: $300 Million
Buyers: Strategic Storage Trust VI, Inc. and Strategic Growth Trust III, Inc. (SmartStop Self Storage REIT, Inc.)
NRSF: 758,000 (Combined)
Unit Count: 7,400 units (Combined)

 

Property: Northlynn Mini-Storage
Location: Lynnwood, WA
Buyer: SecureSpace Self Storage
Square Feet: 57,700
Vehicles Per Day: 30,000
Highlights:

  • Rebranded as SecureSpace Self Storage, Lynnwood
  • Mix of drive-up and interior units located on the ground floor
  • Two dozen rentable parking spaces
  • Approximately 134,000 people living within 3 miles of the store
  • AI-enabled cameras and sensors
  • Free high-speed Wi-Fi access
  • Online leasing options
  • Contactless move-in and unit access

 


Property:
Mountain View RV & Mini Storage
Location: Madras, OR
Closing Deal: $6 Million
Year Built: 2020 and 2022
Brokers and Brokerage:
David Tabata, Christopher Secreto and Samuel Olsonof of Marcus & Millichap
Square Feet: 49,675
Unit Count: 358 self storage units

 


Portfolio: Two Class A Self-Storage Facilities
Locations: Cave Creek and Mesa, AZ
Closing Deal: $41 Million
Buyer: Buchanan Street Partners
Seller: Garrett Development Corporation
Brokers and Brokerage: Nick Walker and Walter Brauer of CBRE National Self Storage Team
NRSF: 160,500 (Combined)
Unit Count: 1,620 units (Combined)

 

Portfolio: Six Self-Storage Properties
Locations: Burlington, Hamilton, Vaughan, Toronto and Mississauga
Buyer: Strategic Storage Trust VI, Inc. (affiliate of SmartStop Self Storage REIT, Inc.)
NRSF: 524,000 (Combined)
Unit Count: 5,500 units (Combined)

 

Property: Canadian Self-Storage Property
Location: North York, Ontario
Buyer: Strategic Storage Growth Trust III, Inc. (affiliate of SmartStop Self Storage REIT, Inc.)
NRSF: 81,800
Unit Count: 730 interior climate-controlled units + 17 parking spaces + one office building with 24 office units

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