{"id":1081,"date":"2021-08-23T16:12:29","date_gmt":"2021-08-23T16:12:29","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1081"},"modified":"2021-08-23T19:33:00","modified_gmt":"2021-08-23T19:33:00","slug":"recent-closings-8-17-21-8-23-21","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-8-17-21-8-23-21\/","title":{"rendered":"Recent Closings: 8.17.21 &#8211; 8.23.21"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-1101\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-8-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Advance Self Storage Center<br \/>\nLocation: Hager City, WI<br \/>\nBrokers and Brokerage: Brian Kelly, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 61,560<br \/>\nUnits: 376 Non-Climate Controlled | 62 Parking Spaces<br \/>\nOccupancy: 98.4%<\/p>\n<p>Highlights:<\/p>\n<ul>\n<li>Below Market Rents<\/li>\n<li>Great Visibility Along US Hwy 63<\/li>\n<li>High Daily Traffic Counts: 10,500 Cars per Day<\/li>\n<li>40 Miles Outside of Downtown Minnesota<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1085\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-5-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Extra Space Storage (Managed)<br \/>\nLocation: Surfside Beach, SC<br \/>\nClosing Price: $9.7 Million<br \/>\nBroker and Brokerage: James &#8220;Ashley&#8221; Compton of Colliers<br \/>\nBuyer: Prime Group Holdings<br \/>\nSeller: Ziff Properties<br \/>\nNRSF: 60,295<br \/>\nUnits: 706<br \/>\nAcreage: 6.39<br \/>\nHighlights:<\/p>\n<ul>\n<li>Located in the Primary Retail Corridor Fronting a Heavily Trafficked Five-Lane Thoroughfare<\/li>\n<li>Annual Population Growth of 2.66%<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1084\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-3-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Columbia Self Storage<br \/>\nLocation: Columbia, SC<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 14,750<br \/>\nAcreage: 3.15<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Drawings for an Additional 24,475 NRSF Expansion<\/li>\n<li>Occupancy taken from 15% to 48% since July 2020<\/li>\n<li>Physical Occupancy: 48.47%<\/li>\n<li>Vacant One-Bedroom Apartment Available for Rent<\/li>\n<li>Under Supplied Market \u2013 Only Self Storage Facility within a Three-Mile Radius<\/li>\n<li>Great Visibility Along Leesburg Road<\/li>\n<li>Growing Surrounding Population: Population has Increased by Over 27% Since the Year 2000 within a Five-Mile Radius<\/li>\n<\/ul>\n<p>Property: CubeSmart Self Storage (Managed)<br \/>\nLocation: Irving, TX<br \/>\nBuyer: Andover Properties<br \/>\nNRSF: ~67,000<br \/>\nUnits: 610<br \/>\nYear Built: 2017<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Accessible from Belt Line Drive, a 49,000 Vehicle per Day Road<\/li>\n<li>Surrounded by Numerous Commercial and Retail<br \/>\nEstablishments such as Lowe\u2019s, Home Depot, Applebee\u2019s and Outback Steakhouse.<\/li>\n<li>One of the Fastest Growing Metropolitan Areas in the Country<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1090\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-7-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Extra Space Storage (Managed)<br \/>\nLocation: Spring, TX<br \/>\nBroker and Brokerage: Dave Knobler of the LeClaire\/Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 74,845<br \/>\nAcreage: 4.5<br \/>\nUnits: 529<br \/>\nHighlights:<\/p>\n<ul>\n<li>\u00a0Constructed in Several Phases from 2003 to 2016<\/li>\n<li>Video Surveillance throughout the Property<\/li>\n<li>Key Code Access<\/li>\n<li>Roll-up Doors<\/li>\n<li>Concrete Driveways<\/li>\n<li>Full-Service Onsite Manager\u2019s Office<\/li>\n<\/ul>\n<p>Property: Oracle Mini Storage<br \/>\nLocation: Tucson, AZ<br \/>\nClosing Price: $3.725 Million<br \/>\nBroker and Brokerage: Jeff Gorden of the Argus Self Storage Advisors<br \/>\nUnits: 125<br \/>\nHighlights:<\/p>\n<ul>\n<li>All-Cash Buyer<\/li>\n<li>Multiple Offers<\/li>\n<\/ul>\n<p>Property: AAA Storage Depot<br \/>\nLocation: South Plainfield, NJ<br \/>\nBrokers and Brokerage: Linda Cinelli and Edan Cohen of LC Realty\/Argus Self Storage Advisors<br \/>\nNRSF: 33,552<br \/>\nUnits: 387<br \/>\nAcreage: 1.318<br \/>\nYear Built: 2006<br \/>\nHighlights:<\/p>\n<ul>\n<li>Four Buildings<\/li>\n<li>Situated Approximately 1.2 Miles from I-287<\/li>\n<li>Direct access to the Garden State Parkway and I-95 Express.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1086\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-4-656x365.png\" alt=\"\" width=\"656\" height=\"365\" \/><\/p>\n<p>Property: Dixie Storage<br \/>\nLocation: Radcliff, KY<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 31,300<br \/>\nUnits: 220 Non-Climate Controlled<br \/>\nAcreage: 3.11<br \/>\nYear Built: 2003\/2014<br \/>\nOccupancy: 99,68%<br \/>\nHighlights:<\/p>\n<ul>\n<li>Two Louisville, Kentucky MSA Self Storage Facilities &#8211; Located 0.50 Miles Apart<\/li>\n<li>Great Visibility Along South Dixie Boulevard<\/li>\n<li>Growing Surrounding Area: Population has Increased by Over 21% Since the Year 2000 within a Five Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1082\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-2-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Little Turtle Storage<br \/>\nLocation: Fort Wayne, IN<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 27,055<br \/>\nUnits: 122 Climate-Controlled | 123 Non-Climate Controlled<br \/>\nYear Built: 2019<br \/>\nAcreage: 1.41<br \/>\nHighlights:<\/p>\n<ul>\n<li>Property Benefits from the SEED Tax Incentive Which Reduces the Real Estate Tax Owed for the Next Ten Years<\/li>\n<li>Undersaturated Market: 3.61 NRSF per Person within a Three-Mile Radius<\/li>\n<li>Dense Area: 82,153 People within Three Miles; 133,602 People within Five Miles<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1083\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-4-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Albuquerque Lock Storage<br \/>\nLocation: Albuquerque, NM<br \/>\nBrokers and Brokerage: Jesse Cameron, Jacob Becher, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 41,150<br \/>\nUnits: 285 Non-Climate Controlled | 177 Parking Spaces<br \/>\nAcreage: 7.2<br \/>\nOccupancy: 81.82%<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Below Market Rents<\/li>\n<li>Dense Population: 150,675 People Within a Five-Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1087\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-6-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: A-One Self Storage<br \/>\nLocation: Carroll, OH<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 222,430<br \/>\nUnits: 1,357 Non-Climate Controlled | 77 Climate Controlled | 46 Outdoor Parking Spaces<br \/>\nOccupancy: 82.97%<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Columbus MSA Self Storage Facility<\/li>\n<li>Largest Self Storage Facility in Central Ohio<\/li>\n<li>New Office Building Being Built<\/li>\n<li>Standing Seam Roof | Underground Storm Water Drainage | Buildings with Downspouts and Gutters<\/li>\n<li>High Daily Traffic Counts: 20,400 Vehicles per Day<\/li>\n<li>Affluent Market: Average Household Income of $94,599 of People Within a One-Mile Radius<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Property: Advance Self Storage Center Location: Hager City, WI Brokers and Brokerage: Brian Kelly, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap NRSF: 61,560 Units: 376 Non-Climate Controlled | 62 Parking Spaces Occupancy: 98.4% Highlights: Below Market Rents Great Visibility Along US Hwy 63 High Daily Traffic Counts: 10,500 Cars per Day 40 Miles Outside of Downtown Minnesota Property: Extra Space Storage (Managed) Location: Surfside Beach, SC Closing Price: $9.7 Million Broker and Brokerage: James &#8220;Ashley&#8221; Compton of Colliers Buyer: Prime Group Holdings Seller: Ziff&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1087,"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\/1081"}],"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=1081"}],"version-history":[{"count":4,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1081\/revisions"}],"predecessor-version":[{"id":1102,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1081\/revisions\/1102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1087"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}