Recent Transactions: 9.12.2023 – 9.18.2023


Property:
Long Beach Storage Center
Location: Long Beach, CA
Brokers and Brokerage: Andrew Sacks and Richard Riddle of SkyView Advisors
Acreage: 1.03 acres
NRSF: 22,625
Unit Count: 384 units
Highlights:

  • The site is near full capacity
  • The site has room for expansion

 

 


Property:
Terrace Storage Center
Location: Tampa, FL
Broker and Brokerage: Cameron Vale of Oakside Co.
NRSF:
88,127
Unit Count: 1,210 units

 

 

Spartan Investment Group has closed three self-storage deals in the firm’s Growth Fund, including one in Kingsland, GA.
Property:
Class A Self Storage Facility (FreeUp Storage brand)
Location: Kingsland, GA
Buyer: Spartan Investment Group
NRSF: 30,000
Unit Count: 333 units
Highlights:

  • Expects to expand the facility’s footprint by an additional 20,000 square feet

 

Property: CubeSmart Self Storage ( 3rd party managed facility)
Location: Lafayette, IN
Broker and Brokerage: Rob Schick of Argus
NRSF: 41,690
Unit Count: 315 units
Highlights:

  • Expansion land allowing up to an additional 45,000 square foot of storage to be built

 

 

Cubes Self Storage in Covington, Wash. was completed in 2020. Image courtesy of Talonvest Capital
Property:
Cubes Self Storage
Location: Covington, WA
Year Completed: 2020
Closing Deal: $8.8 Million
Buyer: Gramor Development Washington
Brokers and Brokerage: David DiRienzo, Kim Bishop, Ivan Viramontes and Lauren Maehler of Talonvest Capital
Acreage: 1.7 acres
NRSF: 65,902
Unit Count:
594 climate-controlled units + 27 drive-up units
Highlights:

  • Video surveillance
  • Wine storage
  • Gated access
  • Hand carts
  • Boxes and moving supplies
  • Covered loading and unloading area

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