Self-storage transaction activity last week spanned 12 properties across a diverse mix of markets and asset profiles, though one acquisition accounted for much of the activity: Prestige Self Storage’s seven-property, 307,249-NRSF entry into southeast Alabama. The portfolio spans Dothan, Enterprise, and Ozark and was 95.8% occupied overall, with several properties above 97%. Those occupancy levels are notable given above-average supply across all three markets, ranging from 9.8 square feet per capita (SF/capita) in Ozark to 18.6 in Enterprise, compared with 7.82 nationally. Enterprise provides the strongest growth story, with population…
