Recent Transactions: 8.06.2024 – 8.12.2024

Property: Premier Storage of Delaware
Location: Delaware, OH
Address: 3295 US-42, Delaware, Ohio
Year Built: 1999
Year Expanded: 2024
Brokers and Brokerage: Gabriel Coe, Nathan Coe, Brett Hatcher and Michael Glass of the Hatcher Coe Group of Marcus & Millichap
Acreage: 10.91 acres
Square Feet: 68,053
Unit Count: 489 units (Mix of climate-controlled, non-climate-controlled units and parking options)
Room for Expansion: Yes (37,625-square-foot expansion)

Portfolio: Barnes Storage (four-property portfolio)
Location: Carrollton, GA
Address: 3015 Hwy 61, 3439 and 3549 Carrollton Villa Rica Hwy and 2537 Hwy 166 in Carrollton, GA
Seller: Midcoast Properties, Inc.
Broker and Brokerage: J. Kris Knowles of Midcoast Properties, Inc.
NRSF (Combined): +/- 78,274
Unit Count (Combined): 433 standard drive-up, climate-controlled units, parking and a warehouse
Occupancy: 100%
Highlights:

Ample exterior lighting
Concrete side-walks
Signage and fencing
Easy access from highways 166 and 61

Property: Delta RV & Boat Storage
Location: Byron, CA
Address: 3510 Bixler Road, Byron, California
Seller: Karl Koster & Kelly Koster-Vik
Buyer: Randy Mancini
Brokers and Brokerage: Dean Trammell and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
Square Feet: 329,178
Unit Count: 1,242 units (1,190 outdoor spaces, 28 carports, and 40 indoor spaces)
Buyer Testimony: “Wanted to thank Dean Trammell and The LeClaire-Schlosser Group for their professionalism and expertise in helping me acquire the Delta RV & Boat storage facility in Byron, California. This was a complicated transaction due to the various governmental agencies involved. Dean fairly represented both me and the sellers. Looking forward to working with Dean in the future as he has proven himself an expert in the self-storage space.”

Portfolio: Inez Storage Portfolio (two-property)
Location: Inez, TX
Seller: Mark James
Brokers and Brokerage: Dave Knobler, Mixson Staffel and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage (Combined): 11.17 acres
Square Feet (Combined): 102,610
Unit Count (Combined): 483 total units (214 climate control units, 258 drive-up non-climate spaces, and 10 covered parking spaces)
Highlights:

The Inez Storage Portfolio consists of Inez Storage and Beck Road Storage
Two locations being approximately 4.5 miles from each other
Have ten single-story buildings
Video surveillance
Gated entrances with digital key-code access
Roll-up doors
Full-service onsite manager’s office

Property: A&S Storage Solutions
Location: Tempe, AZ
Buyer: Wentworth Self Storage (Wentworth Property Company’s Self Storage division)
Square Feet: 122,350
Unit Count: 488 units plus six industrial suites
Third Party Management: CubeSmart
Industrial Space Management: Wentworth Property Management

Property: Eason Storage
Location: Canton, TX
Year Built / Expanded: 2000 / 2017
Brokers and Brokerage: Brandon Cunningham and Brandon Karr of The Karr-Cunningham Storage Team of Marcus & Millichap
Acreage: 4.7 acres
NRSF: 39,265
Unit Count: 229 units (20 climate-controlled units, 208 non-climate-controlled units and one rental house)

Property: Big Box Retail Center (for Class A self storage Facility under JustStorage brand)
Location: Indianapolis
Closing Deal: $14 Million
Buyer: Cronheim Mortgage
NRSF: 116,000
Property Developer: DealPoint Merrill (“DPM”)
Operations: JustStorage (DPM’s affiliate management company)

Property: Self-Storage Facility (renamed as Go Store It Oak Ridge)
Location: Oak Ridge, TN
Address: 500 Scarboro Lane, Oak Ridge, Tennessee
Buyer: Go Store It Self Storage (an affiliate of Madison Capital Group)
Acreage: 4 acres
Square Feet: 54,565
Unit Count: 515 units
Leased: 91%
Daily Traffic Count: 26,857 vehicles
Highlights: