Recent self-storage transactions show continued investor interest in the sector, with activity spanning a variety of markets and asset types. Deals include stabilized properties, development sites, and portfolio acquisitions, reflecting strategies to expand market presence, increase operational scale, and position for long-term growth. Demand remains steady, supported by consistent occupancy levels and opportunities to enhance revenue through improved management and pricing strategies.
Portfolio: Three-Property Self-Storage Portfolio
Location: Texas and New Mexico
Brokers and Brokerage: Stacey Gorman, Sam Slocum, Grace Folger and Cameron Bradford of Marcus & Millichap in association with Tim Speck and Ryan Sarbinoff, the firm’s brokers of record in Texas and New Mexico, respectively
Portfolio Details:
- Hallmark Mini Storage, located at 4013 E. Stan Schlueter Loop in Killeen, Texas, was built in 2002 and totals 36,350 net rentable square feet. The facility includes 275 units across eight buildings on 2.42 acres
- North Main Self Storage, located at 1712 N. Main St. in Las Cruces, New Mexico, was built in 1974 and contains 35,314 net rentable square feet. The property comprises 294 units across two buildings on 1.43 acres. The buyer was North Main Storage LLC
- Superior Self Storage, located at 3102 S. McColl Rd. in Edinburg, Texas, was built in 2004 and totals 50,692 net rentable square feet. The facility features 527 units across seven buildings on 3.93 acres. Wentworth Property Company was the buyer of Superior Self Storage
- This transaction was part of an eight-property, six-state portfolio secured under a single CMBS loan, which required a partial defeasance to release the three properties sold
Portfolio: Two-Property Self-Storage Portfolio
Location: Topeka, Kansas
Addresses: 3200 S. Kansas Ave. and 235 S.W. Gage Blvd.
Brokers and Brokerage: Sean Delaney and Colby Haugness (broker of record) of Marcus & Millichap
Property Management: KO Storage
NRSF: 67,721
Unit Count: 580 units (includes climate-controlled and non-climate-controlled units, outdoor parking, and portable units
Occupancy: 84%
Property: IN Self Storage – Estes Park
Location: Estes Park, Colorado
Year Constructed / Expanded: 1978 / 1991
Buyer: Ludlow Property Group
Brokers and Brokerage: Thomas Parsons, Adam Schlosser and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 1.88 acres
Square Feet: 20,751
Unit Count: 175 non-climate controlled drive-up units and seven outside parking units
Highlights:
- The facility contains eight single-story self-storage buildings
- Property is Remote-managed
- Has a perimeter fence
- Electronic gated entry
- Digital keypad at both the entrance and the exit
- Leasing room with a kiosk and computer screen
- Security camera surveillance throughout the facility
- Asphalt driveways
- Metal roll-up doors throughout
Property: Self Storage Facility
Location: Oakland Park, Florida
Buyer: Safeguard Self Storage
Square Feet: 82,472
Unit Count: 831 units
Highlights:
- This marks Safeguard’s fifteenth facility in the South Florida region and fourth in Fort Lauderdale
- Safeguard plans to enhance the facility’s curb appeal, expand climate-controlled options, and implement advanced security technology to align the site with the company’s standards
- The facility represents an institutional-quality asset that will be rebranded to Safeguard’s standards and will stand out as the premier storage option in the Oakland Park market
Property: Class A Self-Storage Facility
Location: Mt. Kisco, New York
Address: 140 Radio Circle, Mt. Kisco, New York
Year Completed: 2024
Seller: DHIP Group
Buyer: An affiliate of Andover Properties
Broker and Brokerage: Guthrie Garvin of JLL Capital Markets / Storage Capital Markets team of JLL
Square Feet: 64,130
Unit Count: 598 units
Highlights:
- This Three-story facility offers a customer service office, a covered loading area and 24-hour surveillance
- The facility is over 92% climate-controlled and is currently 57% occupied
Property: Snoqualmie Ridge Storage
Location: Snoqualmie, Washington
Broker and Brokerage: Jennifer Stein Real Estate, Inc
Out Of State Cooperating Broker: Skyview Advisors
NRSF: 85,127
Unit Count: 822 units
Highlights:
- Additionally, the facility includes 21,000 NRSF of shovel-ready expansion, providing a clear path for further revenue growth
- Facility offers stabilization, embedded revenue upside, and shovel-ready expansion in a high-barrier-to-entry Seattle submarket
- Currently well-stabilized with meaningful embedded upside through rate adjustments
- Tenant insurance implementation, and modernization of operations
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