Category: Recent Transactions

Recent Transactions: 11.29 – 12.6

Property: Michigan Center Storage Location: Michigan Center, MI Broker and Brokerage: Kirk Martin of the Lindsey Self Storage Group NRSF: 41,395 Property: Woodbury, CT Storage Development Opportunity Location: Woodbury, CT Brokers and Brokerage: Luke Dawley, Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 23,690 Units: 217 Climate-Controlled Units Highlights: Fully Approved Class-A, All Climate Controlled, Single-Story Facility Affluent Area: Average Household Income of $138,630 for People Living within a Three Mile Radius Litchfield County Is an Affluent Secondary Home Market with High…

Recent Transactions: 11.22.2022 to 11.28.2022

Property: Storage General Location: Layton, UT Brokers and Brokerage: Jordan Farrer and Adam Schlosser of the LeClaire-Schlosser Group of Marcus & Millichap NRSF: 86,105 Property Layout: Eleven stand-alone single-story buildings   Property: Savannah HWY6 Self Storage Location: Rosharon, TX Buyer: Montfort Capital Partners Seller: Quintet Capital Group Brokers and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of JLL Capital Markets Units: 678 (75% climate-controlled units plus drive-up units in six single-story storage buildings and 900 square feet of office space)   Property: 10 Federal Self Storage Location:…

Recent Transactions: 11.09.2022 to 11.15.2022

Portfolio: Two self storage facilities Location: Kensington, MD and Alexandria, VA Buyer: Arcland Property Co NRSF: 281,000 Units: 3,100 units combined Closing Price: $112.8 million   Property: AAA Self Storage Location: South Elgin, IL Buyer: Trojan Storage Seller: Shanahan Enterprises LLC Broker and Brokerage: Sean Delaney of Marcus & Millichap NRSF: 72,850 Units: 388 storage units inside eight drive-up storage buildings Occupancy: 96% Room for Expansion: 2.4 acre extra land Closing Price: $11.65 million   Property: Cold storage facility Location: Houston, TX Buyer: Harbor Capital LLC Seller: Mendware LLC Brokers…

Recent Transactions: 11.02.2022 – 11.09.2022

Property: AA U-Stor-M Location: Upland, CA Buyer: Merit Hill Capital LP Seller: Cameron Properties Broker and Brokerage: Brandon Robinson of Calvary Realty NRSF: 256,000 Units: 1,147 units and 71 vehicle-storage spaces Closing Price: $38.7 million   Property: Two AAAA Self Storage properties Location: Virginia Beach, VA Buyer: StorageMart NRSF: 316,304 Units: 1,860 units and 14 vehicle-storage spaces   Property: Ameri-Guard Storage Center Location: New Albany, IN Buyer: Pogoda Cos. NRSF: 95,000   Property: Two American Self Storage facilities Location: Washington, D.C. Buyer: Arcland Property Co. NRSF: 281,000 Units: 3,100 units…

Storage Exchange Closes Over 245,000 NRSF in October 2022

Storage Exchange announces the closing of five self storage facility transactions in October 2022, comprising of over 245,000 NRSF. These properties are located in Kansas, Illinois, and Arkansas. McCall & Sunflower Self Storage: Located in Manhattan, KS, this two-property portfolio contains 118,390 rentable sq. ft. The two facilities are located 2.4 miles from each other and well-positioned off highly trafficked thoroughfares. Hunter Molnar, VP of Investment Sales for Storage Exchange, facilitated the sale of both properties. Ottawa Route 6 Storage: With room for expansion, this property has great access and…

Recent Transactions: 10.26.2022 – 11.01.2022

  Property: Byron Cowling Moving & Storage Location: Lubbock, TX Broker and Brokerage: Brandon Karr of Marcus & Millichap  NRSF: 60,270 Units: 429 Room for Expansion: Yes Occupancy: 70% Amenities: Perimeter fencing Wide concrete roadways 24/7 video surveillance Personalized keypad gated entry and exit Garage-style roll-up doors Professional leasing office Keypad to interior units   Portfolio: Heartland Storage  Location: Cedar Lake, IN Brokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap   Units: 34 climate-controlled units, 824 non-climate-controlled units,…

Recent Transactions 10.11.2022 to 10.17.2022

Property: Main Street Self Storage Location: Havelock, NC Seller: The Storage Acquisition Group Broker and Brokerage: Hal H. Tanner of Midcoast Properties Inc. NRSF: 31,231 Units: 257 traditional drive-up and climate-controlled units plus parking Portfolio: Two Tropical Self Storage Properties Location: Stuart, FL Buyer: StorageMart Units: 972 NRSF: 100,000  Property: CubeSmart Self Storage (Managed) Location: Dallas, TX Brokers and Brokerage: Brian Somoza, Steve Mellon, Matthew Wheeler, Adam Roossien and Jake Kinnear of JLL Capital Markets Seller: CSW Development Buyer: NRSF: 117,503 Units: 1,252 Occupancy: 50% Portfolio: Three Self Storage Facilities…

Recent Transactions 10.04.2022 to 10.10.2022

Property: Rock Hill, Class A, C/O Property Location: Rock Hill, SC (Charlotte, NC MSA) Brokers and Brokerage: Gabriel Coe, Nathan Coe, Benjamin Yelm and Brett Hatcher from the Hatcher-Coe Group of Marcus Millichap Units: 763 Climate-controlled units and 48 non climate-controlled Property: Gem City Storage Location: Dayton, OH Broker and Brokerage: Kirk Martin of Lindsey Self Storage Group NRSF: 14,211 Buyer: Scott Street Group LLC Property: Extra Garage Location: Sarasota, FL Brokers and Brokerage: Kyle Baptist, Richard Riddle, Scott Schoettlin and Bryce Josepher of Sky View Advisors NRSF: 88,565 Units:…

Recent Transactions: 9.27.2022 – 10.03.2022

Property: Stuff Hotel Location: El Paso, TX Brokers and Brokerage: Jon Danklefs of Marcus & Millichap NRSF: 48,753 Unit Count: 424 (six-building facility with units ranging from 25 square feet to warehouse spaces) Amenities: Video surveillance Gated access Boxes and supplies Drive up access Parking On-site management Property: Climate Storage Location: Lawrence, KS Brokers and Brokerage: Robert Cook and Sean Delaney of Marcus & Millichap NRSF: 14,025 Expansion: Yes Unit Count: 214 climate-controlled units Property: CubeSmart-managed self storage facility Location: Swansea, MA Brokers and Brokerage: Thomas Palumbo and Bill Sitar…

Recent Transactions 09.20.2022 to 09.26.2022

Property: 70,000-square-foot complex Closing Price: $6.026 million Location: Vancouver Island, BC, Edmonton, AB, Calgary, AB, Kitchener, ON and Mississauga, ON Buyer: Life Storage, Inc Property: St. Stephen Storage Location: Saint Stephen, SC Brokers and Brokerage: Jonathan M. Fawley, Brett R. Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 43,820 Unit Count: 348 (323 non-climate-controlled units and additional 25 parking spaces) Occupancy: 93% Property: Flatlander Self Storage Location: Davenport, WA Brokers and Brokerage: Ryan Layton of Argus Self Storage Advisors Buyer: LFIG1, LLC Unit Count: 160 boat/RV…