{"id":1127,"date":"2021-09-21T15:15:36","date_gmt":"2021-09-21T15:15:36","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1127"},"modified":"2021-09-23T14:57:53","modified_gmt":"2021-09-23T14:57:53","slug":"recent-closings-9-14-21-9-20-21","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-9-14-21-9-20-21\/","title":{"rendered":"Recent Closings: 9.14.21 \u2013 9.20.21"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-1137\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-file-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Posen Storage<br \/>\nLocation: Posen, IL (Chicago MSA)<br \/>\nBrokers and Brokerage: Dan Lynch of Colliers&#8217; Self Storage Group<br \/>\nUnit Count: 540<br \/>\nHighlights:<\/p>\n<ul>\n<li>Three Stories<\/li>\n<li>Climate Controlled<\/li>\n<li>Year One Leasing Exceeded Owner Expectations<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1138\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-11-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: John Fayard Self Storage<br \/>\nLocation: Gulf Shores, AL<br \/>\nBrokers and Brokerage: <a href=\"jonathan.fawley@marcusmillichap.com\">Jonathan Fawley<\/a>, <a href=\"brett.hatcher@marcusmillichap.com\">Brett Hatcher<\/a> and <a href=\"gabriel.coe@marcusmillichap.com\">Gabriel Coe<\/a> of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 48,075<br \/>\nUnit Count: 418 Climate Controlled<br \/>\nHighlights:<\/p>\n<ul>\n<li>Opened in April 2019 and Demonstrated Fast Lease-Up<\/li>\n<li>Coastal Gateway Boulevard Just Completed a $9,000,000 Renovation<\/li>\n<li>Five-Mile Population has Doubled Since 2000<\/li>\n<li>Brand New High School Being Built Across the Street<\/li>\n<li>Moratorium on Self Storage in the City of Gulf Shores<\/li>\n<li>Located about 30 Miles West of Pensacola, Florida<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1129\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-9-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: American Mini Storage<br \/>\nLocation: Jackson, MS<br \/>\nBrokers and Brokerage: Anne Williams and Matt Porter of the Williams Group of Marcus &amp; Millichap<br \/>\nNRSF: 42,700<br \/>\nUnit Count: 340 Climate Controlled and 17 RV\/Boat<br \/>\nRoom for Expansion: Yes<br \/>\nOccupancy: 85% (Physical)\/60% (Economic)<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1133\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-10-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Sure Safe Storage<br \/>\nLocation: Englewood, FL<br \/>\nBrokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 24,719<br \/>\nUnit Count: 127 Climate Controlled\/111 Non-Climate Controlled<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Additional 11 Lockers and 20 Parking Spaces<\/li>\n<li>Multiple Offers Above List Price<\/li>\n<li>Closed Above List Price<\/li>\n<li>One of the Top U-Haul Producers in Southwest, FL<\/li>\n<li>Three Commercial Spaces Currently Rented<\/li>\n<li>High Daily Traffic Counts: 24,500 Cars\/Day off Indiana Ave\/FL-776<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1134\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-7.png\" alt=\"\" width=\"600\" height=\"350\" \/><\/p>\n<p>Property: Pocomoke Mini Storage<br \/>\nLocation: Pocomoke City, MD<br \/>\nBrokers and Brokerage: Cameron Vale and Matt Brandal of Berkshire Hathaway<br \/>\nNRSF: 39,671<br \/>\nOccupancy: 99%<br \/>\nRoom for Expansion: 12,000 NRSF<br \/>\nHighlights:<\/p>\n<ul>\n<li>All-Cash Offer<\/li>\n<li>Closed in Under 60 Days<\/li>\n<\/ul>\n<p>Property: American Storage<br \/>\nLocation: Ellijay, GA<br \/>\nBrokers and Brokerage: Dale Eisenman of Midcoast Properties Inc.<br \/>\nNRSF: 33,434<br \/>\nAcreage: 7.56<br \/>\nUnit Count: 248<br \/>\nHighlights:<\/p>\n<ul>\n<li>Additional Eight Parking Spaces and Eight Office Suites<\/li>\n<li>On-Site Apartment<\/li>\n<li>Amenities Including Surveillance Cameras, Perimeter Fencing, Ample Lighting and a Digital Gate with Personalized Keypad Entry<\/li>\n<li>Easily Accessible to Hwy 515<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1144\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-8-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Freedom Self Storage<br \/>\nLocation: Fort Walton Beach, FL<br \/>\nBrokers and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 97,250<br \/>\nUnit Count: 571 Climate Controlled\/197 Non-Climate Controlled<br \/>\nRoom for Expansion: Yes<br \/>\nOccupancy: 86% (Physically)<br \/>\nAcreage:\u00a0 8.23<br \/>\nHighlights:<\/p>\n<ul>\n<li>8 Retail Spaces<\/li>\n<li>44 Outdoor Parking Spaces<\/li>\n<li>High Daily Traffic Count: 28,000 Cars per Day<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1136\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/Park-79-Self-Storage-Email-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: CubeSmart (Managed)<br \/>\nLocation: Hutto, TX<br \/>\nBrokers and Brokerage: Brian Somoza and Steve Mellon of JLL<br \/>\nAcreage: 3.18<br \/>\nUnit Count: 780<br \/>\nYear Built: 2019<br \/>\nHighlights:<\/p>\n<ul>\n<li>Amenities Including Electronic Access, Secure Fencing, 24-Hour Surveillance, Elevator Access to the Upper Floor and a Retail-Oriented Customer Service Office<\/li>\n<li>28 Miles from Downtown Austin, TX<\/li>\n<li>Population Projections Estimate 2.74% Growth Annually Over the Next Five Years<\/li>\n<li>Visible to Approximately 35,000 Vehicles per Day<\/li>\n<li>Over 63,000 Residents with an Average Household Income of Over $128,000 within a Three-Mile Radius<\/li>\n<li>\n<p style=\"font-weight: 400;\">400 Feet of Frontage and Prominent Signage Along E. Palm<\/p>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1142\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-12-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Institutional Class A Three Property Portfolio (Managed by CubeSmart Self Storage)<br \/>\nLocation: Atlanta, GA and Orlando, FL MSAs<br \/>\nBrokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 254,437<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>List to Close in Just Over 100 Days<\/li>\n<li>Institutional Class A Three Property Portfolio Managed by CubeSmart Self Storage<\/li>\n<li>Located in Atlanta MSA &amp; Orlando MSA<\/li>\n<li>Brand New, Four-Story All Climate Controlled Self Storage Facilities<\/li>\n<li>Winter Park Physical Occupancy: 86%<\/li>\n<li>Atlanta Physical Occupancy: 42%<\/li>\n<li>Clarkston Physical Occupancy: 80%<\/li>\n<li>Winter Park Location Has Eight Retail Spaces on Ground Level<\/li>\n<li>Excellent Locations and Great Street Frontage<\/li>\n<li>High Daily Traffic Counts<\/li>\n<li>Extremely Dense, Affluent, and Growing Surrounding Populations<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1140\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/DJI_0014-edited-scaled-1-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: <a href=\"https:\/\/r20.rs6.net\/tn.jsp?f=001bO2hsZPdXQkJ873Nv2xdbKm_i1oC6QBrJOVzmFZquZDT_IhMI4JhKot0ZuPKbi_DuDmGVq-cO6JUbUUOpSHVJOVOHpyad9Z1KlUvtiIoN8aer-LcqSn5uCNgvPkXDMrI1g9SZhoetEucCD6jZ8GTXjbOqolQAJ0IxH7FNTE9pHezpf94xH1kMZmUxHSOKVCHQVCHQZuVdng5JvNizBIU09PjflRiUGaV&amp;c=bjQ8g85GIFPhMLmxOA-uRWNujgvIxGd05IQEnsChZFvRzDS4nTC38w==&amp;ch=kPezek0e16Ywztzr86IzPNDRz7OBOW4CSr3FUII7QegdOYUca4PIvA==\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/r20.rs6.net\/tn.jsp?f%3D001bO2hsZPdXQkJ873Nv2xdbKm_i1oC6QBrJOVzmFZquZDT_IhMI4JhKot0ZuPKbi_DuDmGVq-cO6JUbUUOpSHVJOVOHpyad9Z1KlUvtiIoN8aer-LcqSn5uCNgvPkXDMrI1g9SZhoetEucCD6jZ8GTXjbOqolQAJ0IxH7FNTE9pHezpf94xH1kMZmUxHSOKVCHQVCHQZuVdng5JvNizBIU09PjflRiUGaV%26c%3DbjQ8g85GIFPhMLmxOA-uRWNujgvIxGd05IQEnsChZFvRzDS4nTC38w%3D%3D%26ch%3DkPezek0e16Ywztzr86IzPNDRz7OBOW4CSr3FUII7QegdOYUca4PIvA%3D%3D&amp;source=gmail&amp;ust=1632321060730000&amp;usg=AFQjCNEQdl9_sKHZ0ed1LaqBm4UwGnt4Vw\">Chapel Creek Storage<\/a><br \/>\nLocation: Fort Worth, TX<br \/>\nBrokers and Brokerage: Danny Cunningham, Brandon Karr and Bryan Quaschnick of the Karr Self Storage Team of Marcus &amp; Millichap<br \/>\nNRSF: 56,650<br \/>\nUnit Count: 356<br \/>\nHighlights:<\/p>\n<ul>\n<li>Multiple Offers Generated at and above List Price During Two-Week Marketing Period<\/li>\n<li>Transacted Above the List Price<\/li>\n<li>Located Near Several New Single-Family Communities Including The Walsh, the 2nd Largest Master Planned Community in Texas<\/li>\n<li>Amenities Including Garage-Style Roll Up Doors, Perimeter Fencing &amp; Gating, Full-Service Manager&#8217;s Office, 24-Hour Video Surveillance Cameras, Wide Concrete Driveways, Manager&#8217;s Residence, Excellent Visibility and Accessibility and Personalized Key-Pad Gated Entry<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Property: Posen Storage Location: Posen, IL (Chicago MSA) Brokers and Brokerage: Dan Lynch of Colliers&#8217; Self Storage Group Unit Count: 540 Highlights: Three Stories Climate Controlled Year One Leasing Exceeded Owner Expectations Property: John Fayard Self Storage Location: Gulf Shores, AL Brokers and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap NRSF: 48,075 Unit Count: 418 Climate Controlled Highlights: Opened in April 2019 and Demonstrated Fast Lease-Up Coastal Gateway Boulevard Just Completed a $9,000,000 Renovation Five-Mile Population has Doubled Since 2000 Brand&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1136,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,1],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1127"}],"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=1127"}],"version-history":[{"count":8,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1127\/revisions"}],"predecessor-version":[{"id":1194,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1127\/revisions\/1194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1136"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}