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.
Property: Saratoga Storage
Location: Lehi, Utah
Year Constructed: 2023
Seller: Joint venture between the Gardner Group and Management Elevated
Brokers and Brokerage: Jordan Farrer and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 3.78 acres
Square Feet: 88,015
Unit Count: 676 units
Highlights:
- Contains three single-story self-storage buildings with 100 drive-up units
- Gated entry with a digital keypad
- Separate onsite management office in front of the entrance gate
- 24/7 video surveillance throughout the facility
- Asphalt driveways
- Units with roll-up doors
Property: Go Store It Charlotte
Location: Charlotte, North Carolina
Address: 8500 S Tryon St., Charlotte, North Carolina
Year Converted: 2023 (from an industrial asset to a two-story self-storage facility)
Seller: Go Store It
Buyer: Baranof Holdings
Brokers and Brokerage: Steve Mellon, Brian Somoza, Matthew Wheeler and Adam Roossien of The JLL Capital Markets Self Storage Team
Acreage: 5.39 acres
Unit Count: 525 units
Highlights:
- Class A conversion and climate-controlled
- Offers drive-up units
- Elevator access
- 24/7 video surveillance and security lighting
Property: Devon Self Storage
Location: Rockwall, Texas
Year Built: 2020
Brokers and Brokerage: Skyview Advisors
Acreage: 7.47 acres
Square Feet: 90,346
Unit Count: 571 units
Physical Occupancy: 81%
Economic Occupancy: 68%
Property: Extra Space Storage (Managed)
Location: Salt Lake City, Utah
Year Constructed: 1985
Brokers and Brokerage: Jordan Farrer, Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 1.65 acres
Square Feet: 39,200
Unit Count: 485 units
Highlights:
- Contains five single-story self-storage buildings
- Two two-story buildings with drive-up
- Interior, and elevator access for units
- Electronic gated entry with a digital keypad
- Institutional-style leasing office with retail
- Security monitor display
- 24/7 video surveillance throughout the facility
- Concrete driveways
- Metal roll-up doors throughout
Property: Self-Storage Facility (under new management by Store Here)
Location: Snoqualmie, Washington
Address: 35501 SE Douglas Street, Snoqualmie, Washington
Loan: $15 Million
Finance by: Amit Tyagi, Sean Kuang of Gantry
NRSF: 85,127
Unit Count: 873 units
Highlights:
- Includes climate-controlled and drive-up units
- Secured RV and boat storage yard
- Home to a U-Haul equipment rental yard
Property: Self-Storage Facility
Location: Morton, Illinois
Address: 80 Ashland Court, Morton, Illinois
Broker and Brokerage: Kris Parker of Friedman Real Estate
Square Feet: 20,256
Unit Count: 150 units
Property: Pink Door Storage & RV
Location: Magna, Utah
Year Constructed: 2002
Buyer: Zoke Group
Brokers and Brokerage: Jordan Farrer and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millchap
Square Feet: 63,630
Unit Count: 445 self-storage units spread across seven single-story buildings with 220 drive-up units
Highlights:
- Gate entry with a digital keypad
- Onsite management office in front of the entrance gate
- 24/7 surveillance
- Asphalt driveways
- Units with roll-up doors and covered RV and boat parking
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