Sales/Support: 313-484-4670
Merit Hill Capital purchased Good Spot Storage, a 30,000 square foot, self storage facility at 3735 Mangum Rd., as reported by BizNow. Marcus & Millichap’s Dave Knobler marketed the property on behalf of the seller, a private investor. Source
A 1-acre industrial property in Bella Vista changed hands recently for $800,000. Shaw Property Holdings LLC, managed by James Shaw, bought the Bella Vista Central Storage self storage facility at 687 Rogers Road. BV Central Storage, managed by Zack Quick, was the seller. Arvest Bank provided financing with a five-year, $640,000 loan. City Title & Closing was the title agent. Zack Kifer with Newmark Moses Tucker Partners represented the seller. Josh Singleterry with Newmark Moses Tucker Partners represented the buyer. The 85-unit facility includes multiple buildings totaling 13,886 square feet…
Toronto-based Bluebird Self Storage continues to expand across the country with an aggressive plan to grow its portfolio. Recently, the company announced it had acquired StoreSmart Self Storage’s five locations in Alberta – Canmore, Cochrane, Edmonton, Red Deer and Sherwood Park – adding 3,000 units comprising 362,000 square feet of space to its portfolio. Bluebird is now the fourth-largest self storage company in Alberta and seventh-largest in Canada. Reade DeCurtins, Bluebird Self Storage’s co-founder and real estate director based in Calgary, said the Alberta market is fertile ground for the…
Marcus & Millichap has brokered the sale of Amadco Self Storage, a facility in Fort Worth. The number of units was not disclosed. The property is situated on 10 acres and spans 31,305 net rentable square feet. Brandon Karr and Danny Cunningham of Marcus & Millichap represented the seller and procured the buyer in the transaction. Both parties were limited liability companies that requested anonymity. Source
InSite Property Group bought a 3.5-acre site at the intersection of South Alameda Street and Firestone Boulevard in Los Angeles, CA. It intends to build a 121,000-net-rental-square-foot, climate-controlled SecureSpace storage facility with more than 1,200 units. There also will be two retail spaces. Source
Located at 8471 Davis Blvd, the Extra Space Storage Managed faciliity consists of 79,345 rentable square feet throughout 722 units. The seller, Davis & Radio Storage, LLC. was represented by Zachary Urow and Ryan Clarke of Skyview Advisors and sold for an undisclosed price. Source
Zachary Urow and Ryan Clarke of Skyview Advisors brokered the sale of Advanced Self Storage of Wexford, a 36,600 square foot facility consisting of 283 units in Pittsburg, PA. The buyer and seller were not named and the price was undisclosed. Source
Zachary Urow and Ryan Clarke of Skyview Advisors arranged the sale of Extra Space Storage in Richmond, TX. The facility consists of 745 units throughout 93,630 rentable square feet. Source
The facility, purchased by Trojan Storage, consists os 29,765 rentable square feet throughout 264 units. CBRE’s Nick Walker, Trevor Roberts, and Morgan Windbiel represented the seller. Source
In today’s self storage industry, security encompasses an increasingly complex range of hardware, systems and technology platforms that deter crime and improve operators’ ability to monitor and respond to threats. Security integrators play a crucial role in helping owners and operators manage and optimize all aspects of their security systems. They coordinate, install and connect hardware, software, networks and hybrid IT solutions and develop a comprehensive security strategy tailored to your operation’s unique requirements. Specifically, there are several ways a qualified security integrator adds value to your self storage operation:…