Recent self-storage transactions illustrate a sector that continues to attract investor attention, with activity spanning both stabilized assets and properties offering growth potential. Buyers are active in secondary and suburban markets, carefully weighing occupancy levels, income trends, and expansion opportunities as part of their strategies. These dynamics reinforce the industry’s resilience, as capital remains focused on opportunities that strike a balance between dependable performance and the prospect of long-term value creation.
Portfolio: Three Property Self-Storage Portfolio (Radiant Storage)
Location: Pascagoula, Gautier, and Ocean Springs, Mississippi
Buyer: Homegrown Self Storage
Brokers and Brokerage: Stuart P. LaGroue, Sr., Sharon Wright, CCIM, and Bill Barnhill, CCIM, broker affiliates of the Argus Self Storage Advisors
NRSF: 61,550
Unit Count: 450 units
Highlights:
- Includes all non-climate control units
- Onsite apartments at each location
- Room for expansion at one location
Property: Lone Star Storage Center
Location: Odessa, TX
Address: 4415 E 53rd St, Odessa, Texas
Brokers and Brokerage: Bill Bellomy, Logan Foster, Michael Johnson and Hugh Horne of Versal
NRSF: 70,210
Unit Count: 578 units
Highlights:
- Features a thoughtful mix of non-climate and climate-controlled units
- Concrete drives
- Metal and steel construction
- Gated keypad access
- Exterior lighting
- Perimeter fencing
- Onsite office
Portfolio: Two-property Self-Storage Portfolio
Location: Ludington, Michigan
Portfolio 1: Maple Leaf Self Storage
Address 1: 125 S. Pere Marquette Highway
Portfolio 2: Oak Leaf Self Storage
Address 2: 110 S. Jackson Road
Closing Deal: $4.1 Million
Buyer: My Storage
Brokers and Brokerage: Sean Delaney and Paul Kerber (broker of record) of Marcus & Millichap
Acreage: 4.28 acres
NRSF: 57,600
Unit Count: 290 units (100% non-climate-controlled) and two outdoor boat and RV parking spaces
Property: Warehouse site for Self-Storage Development
Location: Winston-Salem, North Carolina
Closing Deal: $2.89 Million
Buyer: Miami real-estate company
Source: Forsyth County Register of Deeds filing
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