{"id":1570,"date":"2021-12-20T18:08:25","date_gmt":"2021-12-20T18:08:25","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1570"},"modified":"2021-12-21T13:40:14","modified_gmt":"2021-12-21T13:40:14","slug":"recent-closings-12-14-21-12-20-21","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-12-14-21-12-20-21\/","title":{"rendered":"Recent Closings: 12.14.21 \u2013 12.20.21"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-1571\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-36-660x309.jpg\" alt=\"\" width=\"660\" height=\"309\" \/><\/p>\n<p>Property: NRI Self Storage<br \/>\nLocation: Smithfield, RI<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 58,100<br \/>\nUnit Count: 293 Non-Climate Controlled Units, 147 Climate Controlled Units and 117 Parking Spaces<br \/>\nOccupancy: 96% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Providence, Rhode Island MSA Stabilized Self Storage Facility<\/li>\n<li>Multiple Offers Above List Price<\/li>\n<li>Closed Above List Price<\/li>\n<li>Below Market Rents<\/li>\n<li>Great Location and Visibility | High Traffic Counts and Visible from Route 295<\/li>\n<li>13,300 Cars\/Day Off Washington Hwy | 61,300 Cars\/Day off Route 295<\/li>\n<li>Undersaturated Storage Market: No Other Competitors within Three Miles | Only Two Other Sites within Five Miles<\/li>\n<li>3.22 NRSF of Storage Per Capita within Five Miles | Well Below National Average<\/li>\n<li>Affluent Market: Average Household Income of $126,683 of People Within One Mile<\/li>\n<li>Average Household Income Well Above National Average within a One, Three, and Five Mile Radius<\/li>\n<li>Dense and Growing Population Base<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1574\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-34-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Hanover Mini Storage<br \/>\nLocation: Hanover, PA<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 18,750<br \/>\nUnit Count: 140 Non-Climate Controlled Units<br \/>\nOccupancy: 98% (Physical)<br \/>\nYear Opened: 2019<br \/>\nHighlights:<\/p>\n<ul>\n<li>Newly Built Self Storage Facility<\/li>\n<li>Surrounded by National Retail Brands<\/li>\n<li>Located 0.45 Miles from Pennsylvania State Route 116<\/li>\n<li>Growing Surrounding Population: 19.4% Increase Since the Year 2000<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1578\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-37-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Crescenta Valley Mini Storage<br \/>\nLocation: La Crescenta, CA<br \/>\nBrokers and Brokerage: Tasso Douglas, Jesse Cameron, Brett Hatcher, Gabriel Coe and Jacob Becher of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 55,025<br \/>\nUnit Count: 578 Non-Climate Controlled Units<br \/>\nOccupancy: 99% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Los Angeles MSA Self Storage Facility<\/li>\n<li>Individual Door Alarms<\/li>\n<li>Undersaturated Self Storage Market: 4.974 NRSF Per Capita within a Three-Mile Radius; 3.056 NRSF Per Capita within a Five-Mile Radius<\/li>\n<li>Extremely Dense Population of 228,560 People within a Five-Mile Radius<\/li>\n<li>Average Household Income within One, Three, and Five Miles Is Well Above the National Average | Average Household Income is $130,572 within a Five-Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1580\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/Jumbo-Stonehamphoto1-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Public Storage (Managed)<br \/>\nClosing Price: $27.5 Million<br \/>\nLocation: Stoneham, MA<br \/>\nSeller: Jumbo Capital<br \/>\nBuyer: Baranof Holdings<br \/>\nNRSF: 90,000<br \/>\nUnit Count: 1,025 Climate-Controlled Units<br \/>\nOccupancy: 50%<\/p>\n<p>Property: High Springs RV\/Boat Storage Lease Up and Development Property<br \/>\nLocation: High Springs, FL<br \/>\nBrokers and Brokerage: Josh Koerner of Weaver Realty, Argus Self Storage Advisors<br \/>\nAcreage: 8.13<br \/>\nUnit Count: 36<br \/>\nRoom for Expansion: 50,000 NRSF Approved<\/p>\n<p>Property: Pensacola Conversion Opportunity<br \/>\nLocation: Pensacola, FL<br \/>\nBrokers and Brokerage: Josh Koerner and Frost Weaver of Weaver Realty, Argus Self Storage Advisors<br \/>\nAcreage: 4.0<br \/>\nUnit Count: 164 Boat and RV<br \/>\nGSF: 82,145<\/p>\n<p>Property: Self Storage Development Site<br \/>\nLocation: West Palm Beach, FL<br \/>\nBrokers and Brokerage: Josh Koerner and Frost Weaver of Weaver Realty, Argus Self Storage Advisors<br \/>\nAcreage: 1.309<br \/>\nUnit Count: 164 Boat and RV<br \/>\nNRSF: 97,032 (Zoned)<\/p>\n<p>Property: Hanes Storage<br \/>\nLocation: Flagstaff, AZ<br \/>\nBrokers and Brokerage: Jeff Gorden of KW Commercial, Argus Self Storage Advisors<br \/>\nNRSF: 72,200<br \/>\nAcreage: 4.0<br \/>\nUnit Count: 399<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1576\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/image002-2-526x365.jpg\" alt=\"\" width=\"526\" height=\"365\" \/><\/p>\n<p>Property: US Storage Centers (Managed)<br \/>\nLocation: Richmond, TX<br \/>\nBrokers and Brokerage: Dave Knobler and Charles &#8220;Chico&#8221; LeClaire of The LeClaire-Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 85,215<br \/>\nUnit Count: 100 Drive Up Non-Climate Controlled Units, 641 Climate Controlled Units and 11 Covered Parking Spaces<br \/>\nAcreage: 3.32<br \/>\nYear Built: 2018<br \/>\nHighlights:<\/p>\n<ul>\n<li>Multiple Gated Entrances with Digital Keypad Access<\/li>\n<li>Spacious On-Site Management Office<\/li>\n<li>Video Surveillance throughout the Facility<\/li>\n<li>Hallway Lights with Motion Sensors<\/li>\n<li>Concrete Driveways<\/li>\n<li>Dense Population of 92,000 within a Three-Mile Radius<\/li>\n<li>Average Household Income of Nearly $150,000<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1579\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/image004-660x317.png\" alt=\"\" width=\"660\" height=\"317\" \/><\/p>\n<p>Property: Extra Space Storage (Managed)<br \/>\nLocation: Windsor Mill, MD<br \/>\nBrokers and Brokerage: Ian Lindahl and Adam Schlosser of The LeClaire-Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 103,467<br \/>\nHighlights:<\/p>\n<ul>\n<li>Class A Facility<\/li>\n<li>Trade Area Has 105,000 People in 42,000 Households<\/li>\n<li>Median Household Income of $67,000<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1577\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/image002-3-562x365.jpg\" alt=\"\" width=\"562\" height=\"365\" \/><\/p>\n<p>Property: Right Move Storage<br \/>\nLocation: Texas City, TX<br \/>\nBrokers and Brokerage: Dave Knobler and Charles &#8220;Chico&#8221; LeClaire of The LeClaire-Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 67,455<br \/>\nUnit Count: 545 Climate Controlled Units<br \/>\nRoom for Expansion: 500 Feet<br \/>\nAcreage: 3.0<br \/>\nYear Built: 2019<br \/>\nHighlights:<\/p>\n<ul>\n<li>Personalized Keypad Access<\/li>\n<li>On-Site Management Office<\/li>\n<li>Video Surveillance throughout the Facility<\/li>\n<li>Multiple Loading\/Unloading Areas<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1572 size-full\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-32-e1640020485533.png\" alt=\"\" width=\"580\" height=\"217\" \/><\/p>\n<p>Portfolio: Georgia Three-Property Self Storage Portfolio<br \/>\nLocation: Atlanta-Sandy Springs-Alpharetta, GA MSA<br \/>\nBrokers and Brokerage: Zachary Urow and Ryan Clark of SkyView Advisors<br \/>\nNRSF: 219,613<br \/>\nUnit Count: 2,234<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1586 size-full\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-35-e1640093883535.png\" alt=\"\" width=\"524\" height=\"217\" \/><\/p>\n<p>Property: Ellenton, FL Self Storage Development Opportunity<br \/>\nLocation: Ellenton, FL<br \/>\nBrokers and Brokerage: Zachary Urow and Ryan Clark of SkyView Advisors<br \/>\nAcreage: 3.95<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1581\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/4643fe1426e117b25bb33c613f0e.jpg\" alt=\"\" width=\"512\" height=\"327\" \/><\/p>\n<p>Property: Pensacola Self Storage<br \/>\nLocation: Pensacola, FL<br \/>\nBrokers and Brokerage: Adam Schlosser (Seller) of the LeClaire-Schlosser Group of Marcus &amp; Millichap and Monty Spencer (Buyer) of The Storage Acquisition Group<br \/>\nNRSF: 66,623<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1573 size-full\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/unnamed-33-e1640020613945.png\" alt=\"\" width=\"574\" height=\"217\" \/><\/p>\n<p>Property: L &amp; D Self Storage<br \/>\nLocation: Morrisville, NC<br \/>\nBrokers and Brokerage: David Zehendner and Ryan Clark of SkyView Advisors<br \/>\nNRSF: 48,568<br \/>\nUnit Count: 351<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1582\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/12\/Compass-Self-Storage-in-Saint-Cloud-e1639413165981.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/p>\n<p>Property: Saint Cloud, FL Self Storage Facility<br \/>\nClosing Price: $10 Million<br \/>\nLocation: Saint Cloud, FL<br \/>\nBuyer: Amsdell Cos.<br \/>\nNRSF: 62,330<br \/>\nYear Built: 2019<\/p>\n<p>Property: Howell, MI Self Storage Facility<br \/>\nLocation: Howell, MI<br \/>\nBuyer: Amsdell Cos.<br \/>\nBrokerage: The LeClaire-Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 52,000<br \/>\nUnit Count: 408<br \/>\nAcreage: 4.5<\/p>\n<p>Property: Planet Self Storage<br \/>\nClosing Price: $10.5 Million<br \/>\nLocation: Mt Kisco, NY<br \/>\nBrokerage: Nick Malagisi and Hans Hardisty of SVN<br \/>\nNRSF: 32,500<br \/>\nUnit Count: 350<br \/>\nOccupancy: 92%<\/p>\n<p>Property: Extra Space Storage<br \/>\nClosing Price: $16.03 Million<br \/>\nLocation: Orlando, FL<br \/>\nSeller: Titan Properties<br \/>\nBuyer: Extra Space Storage<br \/>\nNRSF: 98,052<br \/>\nAcreage: 1.3<\/p>\n<p>Portfolio: The Runnymede Three-Property Portfolio<br \/>\nLocations: Chesapeake, VA and NC&#8217;s Outer Banks<br \/>\nBuyer: Andover Properties<br \/>\nNRSF: 197,000<br \/>\nUnit Count: 1,465<br \/>\nOccupancy: 93%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property: NRI Self Storage Location: Smithfield, RI Brokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap NRSF: 58,100 Unit Count: 293 Non-Climate Controlled Units, 147 Climate Controlled Units and 117 Parking Spaces Occupancy: 96% (Physical) Highlights: Providence, Rhode Island MSA Stabilized Self Storage Facility Multiple Offers Above List Price Closed Above List Price Below Market Rents Great Location and Visibility | High Traffic Counts and Visible from Route 295 13,300 Cars\/Day Off Washington Hwy | 61,300 Cars\/Day off Route&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1576,"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\/1570"}],"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=1570"}],"version-history":[{"count":4,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1570\/revisions"}],"predecessor-version":[{"id":1587,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1570\/revisions\/1587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1576"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}