Previous week’s transactions reflect three investment angles: regional portfolio scale, value-add potential, and a newer Class A product. Six properties traded as a portfolio around Tupelo, Mississippi, spanning markedly different local conditions. The heavily supplied Tupelo market has 21.09 SF/capita and average advertised walk-in rates of $1.31/SF. In contrast, the smaller markets of Baldwyn, Mooreville, and Guntown have far less supply, lower rates, and little gap between online and walk-in pricing. The portfolio brings these contrasting trade areas together in a single transaction. Amarillo presents a direct value-add opportunity: the 132,552-square-foot property was acquired below replacement cost with occupancy and NOI trailing the surrounding market, where average walk-in rates are just $0.75/SF. Joliet, Illinois, offers a different profile. The 2023-built Class A facility sits in an $85,300 median-income market where average walk-in rates of $1.66/SF are the highest among this week’s markets, though online rates run about 19% lower. With sale prices undisclosed, the underlying market and property fundamentals provide the clearest lens on this week’s deals.
Big Lenny’s Storage – N Industrial Rd
107 N Industrial Rd, Tupelo, MS 38801
Property 1 of 6 in the Big Lenny’s Storage portfolio in the Tupelo, MS market, sold by Big Lenny’s Storage LLC. Brokered by Matthews (Austin McLeod).
Buyer: Not Disclosed
Sale Date: Not Disclosed
Sale Price: Not Disclosed
Type: Portfolio Sale
StorTrack Market Snapshot
Big Lenny’s Storage – Washington St
100 Washington St, Tupelo, MS 38801
Property 2 of 6 in the Big Lenny’s Storage Tupelo, MS portfolio sold by Big Lenny’s Storage LLC. Brokered by Matthews (Austin McLeod).
Buyer: Not Disclosed
Sale Date: Not Disclosed
Sale Price: Not Disclosed
Type: Portfolio Sale
StorTrack Market Snapshot
Big Lenny’s Storage – Baldwyn
205 E Clayton St, Baldwyn, MS 38824
Property 3 of 6 in the Big Lenny’s Storage Tupelo, MS portfolio sold by Big Lenny’s Storage LLC. Brokered by Matthews (Austin McLeod).
Buyer: Not Disclosed
Sale Date: Not Disclosed
Sale Price: Not Disclosed
Type: Portfolio Sale
StorTrack Market Snapshot
Big Lenny’s Storage – Baldwyn (Annex)
205 E Clayton St, Baldwyn, MS 38824
Property 4 of 6 in the Big Lenny’s Storage Tupelo, MS portfolio sold by Big Lenny’s Storage LLC. Annex location at same address as the primary Baldwyn property. Brokered by Matthews (Austin McLeod).
Buyer: Not Disclosed
Sale Date: Not Disclosed
Sale Price: Not Disclosed
Type: Portfolio Sale
StorTrack Market Snapshot
Big Lenny’s Storage – Mooreville
3607 Hwy 178, Mooreville, MS 38824
Property 5 of 6 in the Big Lenny’s Storage Tupelo, MS portfolio sold by Big Lenny’s Storage LLC. Brokered by Matthews (Austin McLeod).
Buyer: Not Disclosed
Sale Date: Not Disclosed
Sale Price: Not Disclosed
Type: Portfolio Sale
StorTrack Market Snapshot
Family Heirloom Storage of Guntown
131 N Lee Dr, Guntown, MS 38849
Property 6 of 6 in the Big Lenny’s Storage Tupelo, MS portfolio sold by Big Lenny’s Storage LLC. Brokered by Matthews (Austin McLeod).
Buyer: Not Disclosed
Sale Date: Not Disclosed
Sale Price: Not Disclosed
Type: Portfolio Sale
StorTrack Market Snapshot
Westgate Self Storage – Amarillo
10800 W Interstate 40, Amarillo, TX 79124
SW Group acquired Westgate Self Storage in Amarillo, TX, totaling 132,552 SF | 990 Units on 15.8 acres. The asset was acquired below replacement cost, with current operations, occupancy, and NOI well below the surrounding market average — offering meaningful value-add upside. Situated in the West Amarillo submarket, which is experiencing meaningful residential and commercial growth, with excellent visibility along a major interstate corridor.
Buyer: SW Group
Sale Date: Not Disclosed
Sale Price: Not Disclosed
Type: Single-Asset Sale
Size: 132,552 SF | 990 Units
StorTrack Market Snapshot
Devon Self Storage – Joliet (Essington Rd)
2100 Essington Rd, Joliet, IL 60435
Inland Real Estate Acquisitions LLC acquired this Class A, two-story self-storage facility in Joliet, IL, totaling 112,209 Rentable SF | 859 Units. Constructed in 2023, the main building is 100% climate-controlled with 764 units, plus 95 exterior drive-thru units — 13 oversized for RV, boat, or large vehicle storage. Equipped with wide access driveways, elevator access, contactless rentals, and 24-hour video surveillance with controlled access. The property will be rebranded and managed by Devon Self Storage. Located along Essington Road near I-55 and Route 30, with a 5-mile population of 212,000 and average household income of $98,000.
Buyer: Inland Real Estate Acquisitions LLC
Sale Date: Not Disclosed
Sale Price: Not Disclosed
Type: Single-Asset Sale
Size: 112,209 Rentable SF | 859 Units
StorTrack Market Snapshot
StorTrack is a market intelligence platform providing data on pricing, supply, demand, and competition across self-storage markets.
*Market Snapshots are based on a defined five-mile radius from each city center, capturing a more representative view of the core demand base. Reported rates are calculated using standardized benchmark unit types to ensure consistency across markets.
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