{"id":1494,"date":"2021-12-06T18:39:14","date_gmt":"2021-12-06T18:39:14","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1494"},"modified":"2021-12-06T20:49:15","modified_gmt":"2021-12-06T20:49:15","slug":"recent-closings-11-30-21-12-6-21","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-11-30-21-12-6-21\/","title":{"rendered":"Recent Closings: 11.30.21 \u2013 12.6.21"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\nPortfolio: Extra Self Storage<br \/>\nClosing Price: $17 Million<br \/>\nLocations: Reno and Sparks, NV<br \/>\nBrokers and Brokerage: Tom de Jong and Dana Chobor of Colliers\u2019 Self Storage Group<br \/>\nBuyer: Northwest Building LLC<br \/>\nNRSF: 98,565<br \/>\nUnit Count: 914<br \/>\nOccupancy: 93%<br \/>\nCap Rate: 4%<\/p>\n<p>Property: California Development Land<br \/>\nClosing Price: $2.4 Million<br \/>\nLocation: East San Jose, CA<br \/>\nBrokers and Brokerage: Tom de Jong and Dana Chobor of Colliers\u2019 Self Storage Group<br \/>\nAcreage: 0.76<br \/>\nNRSF: 70,000<\/p>\n<p>Property: Cary, NC Self Storage Facility<br \/>\nClosing Price: $15 Million<br \/>\nLocation: Cary, NC<br \/>\nBuyer: Extra Space Storage<br \/>\nSeller: Stein Investment Group<br \/>\nAcreage: 6.65<br \/>\nNRSF: 60,858<\/p>\n<p>&nbsp;<\/p>\n<p>Portfolio: Extra Space Storage (Managed)<br \/>\nLocation: Johnson City, TN<br \/>\nBrokers and Brokerage: Cameron Vale, Andrew Plunkett and Parker Sweet of Berkshire Hathaway<br \/>\nNRSF: 52,245<br \/>\nUnit Count: 480<\/p>\n<p>Portfolio: Q-2 Self Storage (Two Facilities)<br \/>\nLocation: Louisville, KY<br \/>\nBrokers and Brokerage: Cameron Vale, Andrew Plunkett\u00a0and Parker Sweet of Berkshire Hathaway<br \/>\nBuyer: Midwest Private Equity Group<br \/>\nNRSF: 142,770<br \/>\nUnit Count: 1,000<\/p>\n<p>Property: Accessible Self Storage<br \/>\nClosing Price: $1.15 Million<br \/>\nLocation: Winston-Salem, NC<br \/>\nBuyer: Walkertown Self Storage<br \/>\nNRSF: 15,409<br \/>\nAcreage: 4.29<\/p>\n<p>Property: NexGen Self Storage<br \/>\nLocation: Yorktown, IN<br \/>\nBrokers and Brokerage: Jesse Luke\u00a0of\u00a0EquiCap Commercial<br \/>\nNRSF: 29,907<br \/>\nAcreage: 2.77<\/p>\n<p>Property: Northpoint Storage<br \/>\nLocation: Peoria, IL<br \/>\nBrokers and Brokerage: Jesse Luke and\u00a0Mike Pistilli\u00a0of\u00a0EquiCap Commercial<br \/>\nNRSF: 102,600<br \/>\nUnit Count: 601<br \/>\nAcreage: 6.39<\/p>\n<p>Properties: All-Stor Self Storage and\u00a0By-Pass Mini Storage<br \/>\nLocation: West Bend, WI<br \/>\nBrokers and Brokerage: Jesse Luke and Scott Rihm of EquiCap Commercial<br \/>\nNRSF: 61,260<br \/>\nUnit Count: 306<br \/>\nAcreage: 7.85<\/p>\n<p>Properties:\u00a0Port Washington Self Storage<br \/>\nLocation: Port Washington, WI<br \/>\nBrokers and Brokerage: Jesse Luke and Scott Rihm of EquiCap Commercial<br \/>\nNRSF: 42,900<br \/>\nUnit Count: 245<br \/>\nAcreage: 3.34<\/p>\n<p>Property: Wylie Boat &amp; RV Storage<br \/>\nLocation: Wylie, TX<br \/>\nBuyer: HAN Capital<br \/>\nAcreage: 10+<br \/>\nUnit Count: 153<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1501\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-25-614x365.png\" alt=\"\" width=\"614\" height=\"365\" \/><\/p>\n<p>Property: Fully Entitled Kings Mountain Development Opportunity<br \/>\nLocation: Kings Mountain, NC<br \/>\nBroker and Brokerage: John Lindsey of the Lindsey Self Storage Group<br \/>\nAcreage: 4.36<br \/>\nNRSF: 46,425<br \/>\nUnit Count: 335<br \/>\nHighlights:<\/p>\n<ul>\n<li>Immediate Frontage Along Oak Grove Road and Scism Road<\/li>\n<li>8,000+ Vehicles per Day<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1495\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-22.png\" alt=\"\" width=\"600\" height=\"331\" \/><\/p>\n<p>Property: Life Storage (Managed)<br \/>\nLocation: Hammond, LA<br \/>\nBrokers and Brokerage: Brian Kelly, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 40,000<br \/>\nUnit Count: 265 Climate Controlled and 39 Non Climate Controlled<br \/>\nOccupancy: 95% (Physical)<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1509\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/image004-505x365.jpg\" alt=\"\" width=\"505\" height=\"365\" srcset=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/image004-505x365.jpg 505w, https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/image004-240x172.jpg 240w\" sizes=\"(max-width: 505px) 100vw, 505px\" \/><\/p>\n<p>Property: TK Secure Storage<br \/>\nLocation: Logan, UT<br \/>\nBrokers and Brokerage: Jordan Farrer and Adam Schlosser of the LeClaire\/Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 37,936<br \/>\nUnit Count: 241 Drive-up and 15 Outdoor Parking Spaces<br \/>\nHighlights:<\/p>\n<ul>\n<li>Paved Drive Aisles<\/li>\n<li>Video Surveillance<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1496\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-23-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Eastland Storage<br \/>\nLocation: North Versailles, PA<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 7,166<br \/>\nUnit Count: 94 Climate Controlled<br \/>\nOccupancy: 94% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Pittsburgh MSA Self Storage Facility<\/li>\n<li>Excellent Location and Street Frontage<\/li>\n<li>Dense Surrounding Population: 68,087 People within Three Miles; 179,965 People within Five Miles<\/li>\n<\/ul>\n<p>Property: A-1 Meriden Road Self Storage<br \/>\nLocation: Waterbury, CT<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 19,150<br \/>\nUnit Count: 77 Climate Controlled and 134 Non Climate Controlled<br \/>\nOccupancy: 100% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Southwestern Connecticut Stabilized Self Storage Facility<\/li>\n<li>Very Undersupplied Self Storage Market<\/li>\n<li>Only 2.74 NRSF of Self Storage Per Capita within Five Miles<\/li>\n<li>Below Market Rents<\/li>\n<li>155,198 People Living within Five Miles | 72,134 People Living within Three Miles<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1497\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-24-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: American Garage Storage<br \/>\nLocation: Friendsville, TN<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 97,740<br \/>\nUnit Count: 61 Climate Controlled, 139 Non Climate Controlled, 52 Lockers, 124 Covered Parking Spaces and Six Open Parking Spaces<br \/>\nAcreage: 16.13<br \/>\nOccupancy: 98% (Physical)<br \/>\nYear Built: 2014\/2015<br \/>\nHighlights:<\/p>\n<ul>\n<li>Approved Plans in Place for 74,000 NRSF Expansion<\/li>\n<li>High Daily Traffic Counts: 13,900 Cars\/Day<\/li>\n<li>Population Growth of 38% within a Five-Mile Radius Since 2000<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1498\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-32-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Pike County Self Storage<br \/>\nLocation: Milford, PA<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 25,250<br \/>\nUnit Count: 179 Non Climate Controlled<br \/>\nOccupancy: 85% (Physical)<br \/>\nYear Built: 2014\/2015<br \/>\nHighlights:<\/p>\n<ul>\n<li>Northeast Pennsylvania Stabilized Self Storage Facility<\/li>\n<li>Below Market Rents<\/li>\n<li>Site Is Completely Paved | Fenced | Well Lit | Security Surveillance<\/li>\n<li>Located in Historical Milford and Pike County, PA<\/li>\n<li>Pike County Is on the Delaware River and Part of the New York Metropolitan Area<\/li>\n<li>Affluent Market: Average Household Income of $104,521 of People Living within a Three Mile Radius<\/li>\n<\/ul>\n<p>Property: Easy Self Storage<br \/>\nLocation: Houston, TX<br \/>\nBrokers and Brokerage: Dave Knobler of Marcus &amp; Millichap<br \/>\nNRSF: 29,716<br \/>\nUnit Count: 172 Non Climate and 64 Climate Controlled<br \/>\nHighlights:<\/p>\n<ul>\n<li>Over 125,000 Residents in Three-Mile Radius<\/li>\n<li>21,000 Vehicles per Day<\/li>\n<li>Undersupplied Trade Area &#8211; Less Than Four SF\/Capita<\/li>\n<li>Amenities Including Security Lighting, Perimeter Fencing, Video Surveillance and an Electronically-Controlled Access Gate with Digital Keypad<\/li>\n<li>On-site Manager&#8217;s Office and Residence<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.marketscreener.com\/quote\/stock\/MARCUS-MILLICHAP-INC-14772775\/news\/Marcus-Millichap-Arranges-The-Sale-Of-Easy-Self-Storage-37184934\/\">Source<\/a><\/p>\n<p>Property: Class A Self Storage C\/O Facility<br \/>\nClosing Price: $11 Million<br \/>\nLocations: Phoenix, AZ<br \/>\nBuyer: Strategic Storage Trust VI<br \/>\nBrokers and Brokerage: Norman Herd of Quantum Property Advisors<br \/>\nNRSF: 68,435<br \/>\nUnit Count: 653<br \/>\nOccupancy: 95% (Physical)<\/p>\n<p>Property: C\/O Facility<br \/>\nClosing Price: $4.28 Million<br \/>\nLocations: Tilton, NH<br \/>\nBuyer: Tilton Self Storage<br \/>\nBrokers and Brokerage: Matthew Bacon and Cassandra Farley of SVN (Seller) and Doug Martin of KW Commercial (Buyer)<br \/>\nNRSF: 67,050<br \/>\nAcreage: 6.75<\/p>\n<p><a href=\"https:\/\/nerej.com\/bacon-and-farley-of-svn-masiello-commercial-sell-67-050-s-f-tilton-self-storage-facility-for-4-28-million\">Source<\/a><\/p>\n<p>Property: Maxi Self Storage<br \/>\nLocation: Naples, FL<br \/>\nBuyer: Andover Properties<br \/>\nNRSF: 42,000<br \/>\nUnit Count: 387 Non Climate Controlled<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Portfolio: Extra Self Storage Closing Price: $17 Million Locations: Reno and Sparks, NV Brokers and Brokerage: Tom de Jong and Dana Chobor of Colliers\u2019 Self Storage Group Buyer: Northwest Building LLC NRSF: 98,565 Unit Count: 914 Occupancy: 93% Cap Rate: 4% Property: California Development Land Closing Price: $2.4 Million Location: East San Jose, CA Brokers and Brokerage: Tom de Jong and Dana Chobor of Colliers\u2019 Self Storage Group Acreage: 0.76 NRSF: 70,000 Property: Cary, NC Self Storage Facility Closing Price: $15 Million Location: Cary, NC Buyer: Extra Space Storage Seller:&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1498,"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\/1494"}],"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=1494"}],"version-history":[{"count":7,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1494\/revisions"}],"predecessor-version":[{"id":1510,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1494\/revisions\/1510"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1498"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}