Property: Helena Security Storage
Location: Helena, Montana
Brokers and Brokerage: Kimberly Van Delinder, CPA, of Van Delinder Realty LLC [Argus Self Storage Advisors affiliate]
Highlights:
- The facility is a stabilized, long-standing facility offering a mix of drive-up and climate-controlled units
Property: Climate Control of Louisiana
Location: Walker, Louisiana
Address: 30525 Walker Road North in Walker, Louisiana
Buyer: Crown Storage, LLC
Brokers and Brokerage: Thomas Parsons, Steve Greer (Broker of Record – Baton Rouge office), Adam Schlosser and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 44,160
Unit Count: 348 units
Property: Self-Storage Facility
Location: Colorado Springs, Colorado
Year Built: 2000
Buyer: Spartan Investment Group
NRSF: 76,720
Unit Count: 139 units
Highlights:
- FreeUp Storage will manage the newly acquired
- Spartan’s in-house facility management solution, will mange the property
- Spartan plans to modernize the property by implementing StoreEase, the company’s virtual management system
Property: Extra Space Storage Facility – Fremont
Location: Fremont, California
Address: 38491 Fremont Blvd., Fremont, California
Broker and Brokerage: Adam Levin of Levin Johnston Team of Marcus & Millichap
Square Feet: 49,922
Unit Count: 568 units
Property: Class-A Self-Storage Facility
Location: Taylor, Michigan
Buyer: Hearthfire Holdings
Brokers and Brokerage: Jesse Luke and Scott Rihm of Equicap Commercial
Legal Counsel: Jonathan Gremminger of Sherman Silverstein
Lenders: Michigan Schools & Government Credit Union (Lee Panagiotides, Senior CRE Lender) and Pace Equity, LLC, led by Julie Sommes
NRSF: 92,375
Unit Count: 927 climate controlled units
Certificate of Occupancy: July 2025
Highlights:
- Hearthfire will operate the Taylor facility under the Extra Space Storage platform
- The facility is now open and actively in lease-up
- The current storage supply is only 6.5 square feet per person (with only 3 square feet of climate-controlled space per person)
- The 43,337 NRSF pipeline projects in the trade area would push saturation to about 7 sf/person, which is still well below market equilibrium levels
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