Recent Transactions: 7.11.2023 – 7.17.2023

Portfolio: Self Storage Portfolio (2 Properties)
Location: Caldwell, ID
Buyer:
StorageMart
Square Feet: 131,686 (Combined)

 

Portfolio: Self Storage Portfolio
Locations: Greater Toronto, Hamilton and Montreal, Canada
Closing Deal:
$310 Million
Buyers: Bluebird Self Storage and Storewest Developments ( purchased properties where 3,000 new units are planned)
Buyer: SmartStop Self Storage (purchased 7,500 existing rentable storage units)
Seller: NYX Capital Corp.

 

Andover Street Self Storage. Image courtesy of Marcus & Millichap
Property: Andover Street Self Storage
Location: Peabody, MA
Closing Deal: $19 Million
Year Built:
February 2023
Buyer: Public Storage
Seller: LCI Management
Brokers and Brokerage:
Nathan Coe, Brett Hatcher, Gabriel Coe and Thomas Shihadeh of The Hatcher and Coe Group of Marcus & Millichap
Acreage: 2.4 acres
Square Feet:
76,396
Unit Count:
1,100 climate-controlled units
Square Feet per Capita: 6.8
Highlights:

  • Video surveillance
  • Gated access
  • Moving supplies
  • Keypad access

 

Property: Farmington Self Storage
Location: Farmington, NH
Year Built:
1995
Brokers and Brokerage:
Luke Dawley, Nathan Coe, Brett Hatcher and Gabriel Coe of The Hatcher and Coe Group of Marcus & Millichap
Acreage: 3.3 acres
NRSF:
7,647
Unit Count: 35 units
Occupancy:100%
Highlights:

  • Plans to expand the facility by about 14,000 net rentable square feet

 

Property: Stash N Go
Location: Austin, TX
Seller: Libertas Obsido LLC
Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal
NRSF:
14,150
Unit Count: 100 units
Occupancy:90%

 

Property: Community Square Storage
Location: Lakeville, MA
Brokers and Brokerage:
Nathan Coe, Brett Hatcher, Gabriel Coe and Thomas Shihadeh of The Hatcher and Coe Group of Marcus & Millichap
Acreage: 3.26 acres (Room For Expansion)
Square Feet:
53,462
Unit Count: 436 climate-controlled units + 60 non-climate-controlled units

 

Property: Box Turtle Boat, RV & Storage
Location: Alachua, FL
Buyer: Personal Mini Storage
Brokers and Brokerage: Alexander Field and Scott Schoettlin of SkyView Advisors
Acreage: 4.47 acres
NRSF: 36,720
Unit Count: 160 units + 73 uncovered vehicle-storage spaces

 

Property: Coleman Storage
Location: Wildwood, FL
Closing Deal: $8.8 Million
Buyer: StorSafe Self Storage
Seller: Coleman Commercial LLC

 

Property: Self Storage Facility (managed by CubeSmart)
Location: Fayetteville, NC
Seller: MV Investment
Square Feet: 90,000
Unit Count: 807 units

 

Property: Self Storage Facility (managed by Extra Space Storage Inc.)
Location: Yonkers, NY
Buyer: Safeguard Self Storage
Square Feet: 132,000
Unit Count: 1,252 climate-controlled units

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