{"id":1195,"date":"2021-09-28T15:56:43","date_gmt":"2021-09-28T15:56:43","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1195"},"modified":"2021-10-12T16:28:36","modified_gmt":"2021-10-12T16:28:36","slug":"recent-closings-9-21-21-9-27-21","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-9-21-21-9-27-21\/","title":{"rendered":"Recent Closings: 9.21.21 &#8211; 9.27.21"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><\/p>\n<header class=\"entry-header\">\n<div class=\"entry-meta\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1196\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-13-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/div>\n<\/header>\n<div class=\"entry-content\">\n<p>Property: Watertown Storage Three Property Portfolio<br \/>\nLocation: Watertown &amp; Evans Mills, NY<br \/>\nBrokers and Brokerage: <a href=\"luke.dawley@marcusmillichap.com\">Luke Dawley<\/a>, <a href=\"https:\/\/listselfstorage.com\/us\/industry-insights\/brett.hatcher@marcusmillichap.com\">Brett Hatcher,<\/a> <a href=\"nathan.coe@marcusmillichap.com\">Nathan Coe<\/a> and <a href=\"https:\/\/listselfstorage.com\/us\/industry-insights\/gabriel.coe@marcusmillichap.com\">Gabriel Coe<\/a>\u00a0of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 172,999<br \/>\nUnit Count: 1,307<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>One of the Largest Storage Facilities in Northern New York<\/li>\n<li>Two of the Sites Are Less Than a Mile from Each Other | The Third Site is Ten Miles Away<\/li>\n<li>Tenant Insurance Program and New Management Software Rolled Out in January 2021<\/li>\n<li>New U-Haul Truck Rental Program Ready to be Rolled Out<\/li>\n<li>Professional Management Office | Paved | Fenced | Well Lit |Security Surveillance | Self-Service Kiosks at Two of the Locations<\/li>\n<\/ul>\n<p>Property: Northway Storage<br \/>\nLocation: Northway Storage, WI<br \/>\nBrokers and Brokerage: Bruce Bahrmasel of Argus Self Storage Advisors<br \/>\nNRSF: 27,000<br \/>\nAcreage: 24<br \/>\nOccupancy: 100% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Value-Add Opportunity through Expansion and Facility Upgrades<\/li>\n<li>No Management Software or Website<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1197\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/09\/unnamed-14-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Middle Island Self Storage (Public Storage Managed)<br \/>\nClosing Price: $25 Million<br \/>\nLocation: Middle Island, NY<br \/>\nBrokers and Brokerage: <a href=\"https:\/\/listselfstorage.com\/us\/industry-insights\/brett.hatcher@marcusmillichap.com\">Brett Hatcher,<\/a> <a href=\"meir.perlmuter@marcusmillichap.com\">Meir Permuter<\/a>, <a href=\"nathan.coe@marcusmillichap.com\">Nathan Coe<\/a> and <a href=\"https:\/\/listselfstorage.com\/us\/industry-insights\/gabriel.coe@marcusmillichap.com\">Gabriel Coe<\/a>\u00a0of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 74,061<br \/>\nUnit Count: 726<br \/>\nOccupancy: 91% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Brand New, Class A Self Storage Facility Managed by Public Storage<\/li>\n<li>Top of the Line Construction and Quality<\/li>\n<li>Extremely High Market Rents<\/li>\n<li>Low Storage\/Capita and High Barrier to Entry Market<\/li>\n<li>Extremely Dense Sub-Markets<\/li>\n<\/ul>\n<p>Property: Summit Secure Storage<br \/>\nLocation: Isanti, MN<br \/>\nBrokers and Brokerage: Tom Flannigan, Alex Ihrke and Matt Haugen of KW Commercial\/Argus Self Storage Advisors<br \/>\nNRSF: 33,190<br \/>\nUnit Count: 199<br \/>\nClosing Price: $2.25 Million<\/p>\n<p>Property: Green Light Storage Portfolio<br \/>\nLocation: Seguin, TX<br \/>\nBuyer: Andover Properties, LLC<br \/>\nNRSF: 97,175<br \/>\nUnit Count: 740<br \/>\nRoom for Expansion: 65,000 Square Feet<br \/>\nHighlights:<\/p>\n<ul>\n<li>Properties Located Five Minutes from Each Other<\/li>\n<li>Only Two in the Region Located on the Busy I-10<\/li>\n<li>Over 46,000 Vehicles per Day<\/li>\n<li>Over 10,000 Housing Units Under Construction or in the Planning Phase<\/li>\n<\/ul>\n<p>Property: Two-Property Portfolio<br \/>\nLocation: Jacksonville, FL<br \/>\nBrokers and Brokerage: Josh Koerner and Frost Weaver, of Weaver Realty Group\/Argus Self Storage Advisors<br \/>\nNRSF: 85,000<br \/>\nUnit Count: 735<br \/>\nBuyer: Merit Hill Capital<\/p>\n<p>Property: Carrollton Self Storage<br \/>\nLocation: Carrollton, GA<br \/>\nBroker and Brokerage: Kris Knowles of Midcoast Properties, Inc.<br \/>\nAcreage: 4.4<br \/>\nUnit Count: 186<br \/>\nHighlights:<\/p>\n<ul>\n<li>Amenities Include Perimeter Fencing, Security Cameras, Lighting, Electronic Gates and Rental Office<\/li>\n<li>Situated Across from Southwire North Campus, One of Carroll County\u2019s Largest Employers<\/li>\n<li>1.7 Mile from the University of West Georgia<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Property: Watertown Storage Three Property Portfolio Location: Watertown &amp; Evans Mills, NY Brokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe\u00a0of the Hatcher Group of Marcus &amp; Millichap NRSF: 172,999 Unit Count: 1,307 Room for Expansion: Yes Highlights: One of the Largest Storage Facilities in Northern New York Two of the Sites Are Less Than a Mile from Each Other | The Third Site is Ten Miles Away Tenant Insurance Program and New Management Software Rolled Out in January 2021 New U-Haul Truck Rental Program Ready to&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1197,"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\/1195"}],"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=1195"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1195\/revisions"}],"predecessor-version":[{"id":1273,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1195\/revisions\/1273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1197"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}