{"id":1360,"date":"2021-11-01T21:21:22","date_gmt":"2021-11-01T21:21:22","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1360"},"modified":"2021-11-02T14:19:26","modified_gmt":"2021-11-02T14:19:26","slug":"recent-closings-10-26-21-11-1-21","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-10-26-21-11-1-21\/","title":{"rendered":"Recent Closings: 10.26.21 \u2013 11.1.21"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-1361\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/11\/unnamed-24-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p><span style=\"color: #333300;\">Property: Pine Island Storage<\/span><br \/>\n<span style=\"color: #333300;\">Location: St. James City, FL<\/span><br \/>\n<span style=\"color: #333300;\">Brokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<\/span><br \/>\n<span style=\"color: #333300;\">NRSF: 41,085<\/span><br \/>\n<span style=\"color: #333300;\">Unit Count: 343<\/span><br \/>\n<span style=\"color: #333300;\">Highlights:<\/span><\/p>\n<ul>\n<li><span style=\"color: #333300;\">Over $50,000 In Capital Improvements: LED Lighting, Paint, Siding, Roof Touch-Ups<\/span><\/li>\n<li><span style=\"color: #333300;\">Closest Storage Facility Is Six Miles Away<\/span><\/li>\n<li><span style=\"color: #333300;\">In 2011, a Photo Voltaic Solar System was Installed Reducing Energy Usage to Zero<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1362\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/11\/unnamed-25-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Cherryville Self Storage<br \/>\nLocation: Cherryville, PA<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 58,075<br \/>\nUnit Count: 89 Climate-Controlled Units | 315 Non-Climate Controlled Units<br \/>\nOccupancy: 100% (Physical)<br \/>\nYear Built: 1998\/2007<br \/>\nHighlights:<\/p>\n<ul>\n<li>Allentown, Pennsylvania MSA Self Storage Facility<\/li>\n<li>Multiple Offers Above List Price<\/li>\n<li>Closed Well Above List Price<\/li>\n<li>Little Competition: Only Climate-Controlled Facility within a 7.50 Mile Radius<\/li>\n<li>Great Visibility Along Blue Mountain Drive<\/li>\n<li>Population has Increased by 8% Since the Year 2000 within a Five Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1363\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/11\/unnamed-26-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Country View Storage<br \/>\nLocation: Staunton, IL<br \/>\nBrokers and Brokerage: Marla \u010coli\u0107 and Anne Williams-Blackwell of the Williams Group of Marcus &amp; Millichap<br \/>\nNRSF: 35,123<br \/>\nUnit Count: 240 Non-Climate Controlled Units | 12 Parking Spaces | 10 Containers | Two Commercial Spaces\u200b<br \/>\nOccupancy: 98% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Year One Cash-on-Cash of 10.82%<\/li>\n<li>Cash Flowing<\/li>\n<li>Well-Maintained Facility<\/li>\n<\/ul>\n<p>Property: Life Storage\/SoBro Storage<br \/>\nClosing Price: $14,800,000<br \/>\nLocation: Nashville, TN<br \/>\nBrokers and Brokerage: Aaron Sanchez and Ryan Clark of SkyView Advisors<br \/>\nBuyer: Public Storage<br \/>\nSeller: Beau Fowler\u00a0and\u00a0Taylor Preston<br \/>\nNRSF: 58,229<br \/>\nUnit Count: 685<br \/>\nYear Built: 2017<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1365\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/11\/unnamed-28-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: The Storage Place<br \/>\nLocation: Mesquite, TX<br \/>\nBrokers and Brokerage: Brandon Karr, Danny Cunningham and Bryan Quaschnick of the Karr Group of Marcus &amp; Millichap<br \/>\nNRSF: 73,990<br \/>\nUnit Count: 553<br \/>\nHighlights:<\/p>\n<ul>\n<li><a href=\"https:\/\/r20.rs6.net\/tn.jsp?f=001fAAV5W1x8prfuFU2MXoV80q5z0tQ8vVZ8khuPx9nfVigYT_1UqOGMdSYtgGNeEXl1y9A2ZFjgkiFPkg3z1PGK_vLgbmVunI5ETPHoPsMvzPS7eNe9oeZr_VU6ra5n4sEthOkn6846XlVXiASfEBHKGmiPjmN1wi_kDgKRCygSUvQwKMKBGgahx3a_1GQel32fJpis04op2BwyeH0I4JX2yZfAbJTpzGw&amp;c=_DVljrirhv9hhSTv4TSTCxKNHaS1kJN7tjBHUnwVbOfdglX3vrKYeg==&amp;ch=RkSsqEy2LlT8T1wA0SMcAxKR6hP_RNyXdLgt6RFd1c8WUDxSnzyB6w==\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/r20.rs6.net\/tn.jsp?f%3D001fAAV5W1x8prfuFU2MXoV80q5z0tQ8vVZ8khuPx9nfVigYT_1UqOGMdSYtgGNeEXl1y9A2ZFjgkiFPkg3z1PGK_vLgbmVunI5ETPHoPsMvzPS7eNe9oeZr_VU6ra5n4sEthOkn6846XlVXiASfEBHKGmiPjmN1wi_kDgKRCygSUvQwKMKBGgahx3a_1GQel32fJpis04op2BwyeH0I4JX2yZfAbJTpzGw%26c%3D_DVljrirhv9hhSTv4TSTCxKNHaS1kJN7tjBHUnwVbOfdglX3vrKYeg%3D%3D%26ch%3DRkSsqEy2LlT8T1wA0SMcAxKR6hP_RNyXdLgt6RFd1c8WUDxSnzyB6w%3D%3D&amp;source=gmail&amp;ust=1635885642428000&amp;usg=AOvVaw1XLJ2QpV9cQhmSuK4NBQJh\">Transacted Above the List Price<\/a><\/li>\n<li>Undersupplied Market<\/li>\n<li>Garage-Style Roll Up Doors<\/li>\n<li>Perimeter Fencing and Lighting<\/li>\n<li>Fortress-Style Masonry Wall<\/li>\n<li>24-Hour Video Surveillance Cameras<\/li>\n<li>Wide Concrete Driveways<\/li>\n<li>Full Business and Shipping Center<\/li>\n<li>Excellent Visibility &amp; Accessibility<\/li>\n<li>Personalized Key-Pad Gated Entry<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1364\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/11\/unnamed-27-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: North Austin Self Storage Portfolio<br \/>\nLocation: Round Rock and Pflugerville, TX<br \/>\nBrokers and Brokerage: Brian Kelly, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 488,442<br \/>\nUnit Count: 1,896 Climate and Non-Climate Controlled<br \/>\nOccupancy: 90% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Three Stabilized Class A Self Storage Facilities<\/li>\n<li>CR 110 Location Has Enclosed and Covered Parking<\/li>\n<li>Below Market Rents at All Three Locations<\/li>\n<li>Quick Lease-Up at Pflugerville Location Since Opening<\/li>\n<li>High Daily Traffic Counts: CR 110: 3,200 Cars\/Day | Pflugerville: 18,000 Cars\/Day<\/li>\n<li>Extremely Dense, Growing and Affluent Markets<\/li>\n<li>Population within a Five-Mile Radius of All Three Locations Has Increased Over 200% Since the Year 2000 | Expected to Grow Another 18% in the Next Five Years<\/li>\n<\/ul>\n<p>Property: Sea Coast Self Storage<br \/>\nLocation: Fort Pierce, FL<br \/>\nBuyer: Andover Properties, LLC.<br \/>\nNRSF: 33,000<br \/>\nUnit Count: 400<br \/>\nRoom for Expansion: Yes<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property: Pine Island Storage Location: St. James City, FL Brokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap NRSF: 41,085 Unit Count: 343 Highlights: Over $50,000 In Capital Improvements: LED Lighting, Paint, Siding, Roof Touch-Ups Closest Storage Facility Is Six Miles Away In 2011, a Photo Voltaic Solar System was Installed Reducing Energy Usage to Zero Property: Cherryville Self Storage Location: Cherryville, PA Brokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1365,"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\/1360"}],"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=1360"}],"version-history":[{"count":4,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1360\/revisions"}],"predecessor-version":[{"id":1372,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1360\/revisions\/1372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1365"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}