Portfolio: Storage Zone Portfolio (5 Property Portfolio)
Location: Lubbock, TX
Brokers and Brokerage: John Owens of KW Commercial Investment Advisors
NRSF: 306,084 (room for expansion)
Unit Count: 1,772 units
Portfolio: Self Storage Portfolio (11 Properties)
Location: Green Bay, WI
Closing Deal: $34.2M
Buyer: Rogers businessmen Patrick Byrd and Alex Baumeister
Seller: Lok Safe Storage
Brokers and Brokerage: Butch Gurganus of Focus Commercial Real Estate represented the buyers in the transaction and Sean Delaney of Marcus & Millichap closed the sale
Square Feet: 475,141 (Combined)
Occupancy: 98%
Property: Valor Storage
Location: West Tawakoni, TX
Year Built: 2000
Brokers and Brokerage: Danny Cunningham and Brandon Karr of the Karr-Cunningham Storage Team of Marcus & Millichap
NRSF: 20,400
Unit Count: 180 units
Property: Kmart Store (Extra Space Storage-Branded Self Storage Facility Conversion)
Location: Englewood, OH
Bridge Loan: $5.5 Million
Funded by: Red Oak Capital Holdings, LLC
Buyer: United Storage 360, LLC
Square Feet: 60,000
Unit Count: 546 units
Property: Coleman Storage
Location: Wildwood, NJ
Closing Deal: $8.8 Million
Buyer: StorSafe
Highlights:
- Reserve units via mobile devices or online
- Advanced access control
- Sensors and security systems
Property: ExtraSpace Storage Facility
Location: Cave Creek, AZ
Closing Deal: $41 Million
Buyer: Buchanan Street Partners
Unit Count: 1,600 units
Property: A-1 Hosmer Self Storage
Location: Tacoma, WA
Closing Deal: $7.12 Million
Buyer: Merit Hill Capital
Seller: Hosmer Self Storage LLC
Property: Spicewood Super Storage (includes spaces for boat and RV storage)
Location: Spicewood, TX
Buyer: Hinze Capital
Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal
NRSF: 83,510
Unit Count: 222 units
