{"id":1037,"date":"2021-08-16T16:39:38","date_gmt":"2021-08-16T16:39:38","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1037"},"modified":"2021-08-16T16:39:38","modified_gmt":"2021-08-16T16:39:38","slug":"recent-closings-8-10-2021-8-16-2021","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-8-10-2021-8-16-2021\/","title":{"rendered":"Recent Closings: 8.10.2021 \u2013 8.16.2021"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-full wp-image-1038\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-1.png\" alt=\"\" width=\"600\" height=\"354\" \/><\/p>\n<p>Property: Former Macy&#8217;s Conversion<br \/>\nLocation: Canton, OH<br \/>\nBrokers and Brokerage: Thomas K. Gustafson and Matt Davis of Colliers<br \/>\nNRSF: 100,000+<br \/>\nUnits: 950+<br \/>\nHighlights:<\/p>\n<ul>\n<li>Adjacent to High-Performing Super Walmart (Built 2005)<\/li>\n<li>100% Climate Control (Planned)<\/li>\n<li>NOK\u0112 Smart Entry System (Planned &#8211; All Units)<\/li>\n<li>Two Floors | Both with Ground Level Access<\/li>\n<li>High Traffic Retail Corridor Location<\/li>\n<li>No Climate Control Competition within Over Three Miles<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1042\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Mini Storage Depot<br \/>\nLocation: Fort Wayne, IN<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 45,200<br \/>\nUnits: 120 Climate Controlled\/309 Non-Climate Controlled\/29 Outdoor Parking Spaces<br \/>\nRoom for Expansion: Yes<br \/>\nOccupancy: 91.7% Physical<br \/>\nHighlights:<\/p>\n<ul>\n<li>High Daily Traffic Counts: 27,000 Cars\/Day off Dixie Hwy<\/li>\n<li>Dense Population: 156,740 People Within a Five-Mile Radius; 71,179 People Within a Three-Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1046\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-1-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: CubeSmart Self Storage (Managed)<br \/>\nLocation: Miami Beach, FL<br \/>\nBrokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 21,731<br \/>\nUnits: 786 Climate Controlled\/135 Wine Storage<br \/>\nOccupancy: 91.7% Physical<br \/>\nHighlights:<\/p>\n<ul>\n<li>Three-Story, Newly Built, Class-A Facility<\/li>\n<li>Value-Add Opportunity by Converting Some of the Stacked Storage to More Standard Units<\/li>\n<li>High Barrier to Entry Market<\/li>\n<li>High Daily Traffic Counts: 41,000 Cars per Day<\/li>\n<li>New Development Project Currently Under Construction Directly Across the Street Consisting of Upscale Residential &amp; Mixed Use by Crescent Heights<\/li>\n<li>Dense Area: 235,880 People Living within a Five-Mile Radius<\/li>\n<li>Affluent Market &#8211; Average Household Income within Three Miles: $102,881<\/li>\n<li>Wine Storage Features: Bio Metric Fingerprint Access for Wine Storage Customers, Triple Redundant Refrigeration System and Back-Up Generator<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1047\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-2.jpg\" alt=\"\" width=\"565\" height=\"356\" \/><\/p>\n<p>Property: Timmus Storage<br \/>\nLocation: Ocoee, FL<br \/>\nBrokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 75,532<br \/>\nUnits: 614 Climate Controlled\/34 Wine Storage<br \/>\nLot Size: 2.2 Acres<br \/>\nOccupancy: 91.7% Physical<br \/>\nHighlights:<\/p>\n<ul>\n<li>Multiple Competitive Offers at List Price<\/li>\n<li>Brand New, Class A, Orlando MSA Self Storage Facility<\/li>\n<li>Undersaturated Market: 3.36 NRSF per Person within a Three-Mile Radius<\/li>\n<li>Site Is Surrounded by New Multi-Family and Retail Developments<\/li>\n<li>Population has Increased by Over 52% Since the Year 2000 within a Five Mile Radius<\/li>\n<li>Dense Population: 141,686 People Living within Five Miles<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1048\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-3-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Ring Road Self Storage<br \/>\nLocation: Elizabethtown, KY<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 44,100 (32,600 Self Storage + 11,500 Retail)<br \/>\nLot Size: 7.31 Acres<br \/>\nYears Built: 1996\/2004\/2010<br \/>\nOccupancy: 9% Physical<br \/>\nHighlights:<\/p>\n<ul>\n<li>Louisville, KY MSA Self Storage Facility<\/li>\n<li>Two Retail Spaces (10,000 Square Feet Leased to Comcast and 1,500 Vacant Office)<\/li>\n<li>Plans and Drawings to Expand Five Additional Storage Buildings (29,200 NRSF\/283 Units)<\/li>\n<li>High Physical Occupancy: 92.50%<\/li>\n<li>Lot Size: 7.31 Acres<\/li>\n<li>Year Built: 1996\/2004\/2010<\/li>\n<li>Excellent Visibility Along Ring Road | Conveniently Located Less than One Mile from I-65<\/li>\n<li>High Daily Traffic Counts: 20,000 Cars per Day<\/li>\n<li>Population has Increased Over 34% Since the Year 2000 Within a Five Mile Radius<\/li>\n<\/ul>\n<p>Property: Houston, TX MSA Facility<br \/>\nLocation: Tomball, TX<br \/>\nBrokers and Brokerage: Dave Knobler and Charles LeClaire of the LeClaire-Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 70,100<br \/>\nUnits: 597<br \/>\nLot Size: 5.5 Acres<br \/>\nYear Built: 1998<br \/>\nSeller: Family Trust<br \/>\nBuyer: California-Based Corporation<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property: Former Macy&#8217;s Conversion Location: Canton, OH Brokers and Brokerage: Thomas K. Gustafson and Matt Davis of Colliers NRSF: 100,000+ Units: 950+ Highlights: Adjacent to High-Performing Super Walmart (Built 2005) 100% Climate Control (Planned) NOK\u0112 Smart Entry System (Planned &#8211; All Units) Two Floors | Both with Ground Level Access High Traffic Retail Corridor Location No Climate Control Competition within Over Three Miles Property: Mini Storage Depot Location: Fort Wayne, IN Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap NRSF: 45,200 Units:&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1037"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=1037"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1037\/revisions"}],"predecessor-version":[{"id":1050,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1037\/revisions\/1050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1046"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}