{"id":1652,"date":"2022-01-10T17:02:43","date_gmt":"2022-01-10T17:02:43","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1652"},"modified":"2022-01-11T16:14:47","modified_gmt":"2022-01-11T16:14:47","slug":"recent-closings-1-4-22-1-10-22","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-1-4-22-1-10-22\/","title":{"rendered":"Recent Closings: 1.4.22 &#8211; 1.10.22"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-1653\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-48-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Store Here Self Storage<br \/>\nLocation: Chesapeake, VA<br \/>\nBrokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 55,843<br \/>\nUnit Count: 450 Climate Controlled Units, Nine Suites and 23 Outdoor Parking Spaces<br \/>\nYear Built: 2018<br \/>\nOccupancy: 95% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Multiple Competitive Offers<\/li>\n<li>List to Close in Just Over Three Months<\/li>\n<li>Newly Built, Three-Story, Class-A Facility<\/li>\n<li>Great Visibility &amp; Street Frontage Along Taylor Road<\/li>\n<li>High Daily Traffic Counts: 22,000 Cars\/Day<\/li>\n<li>Densely Populated Area: 122,941 People Living Within a Five Mile Radius &#8211; Represents a 22% Increase Since 2000<\/li>\n<\/ul>\n<p>Property: 2.3 Acre Development Site<br \/>\nClosing Price: $3.5 Million<br \/>\nLocation: Laurel, MD<br \/>\nBuyer: Washington Property Company<br \/>\nAcreage: 2.3<\/p>\n<p>Property: Ballard Mini Storage<br \/>\nLocation: Seattle, WA<br \/>\nBuyer: InSite Property Group<br \/>\nNRSF: 20,786<br \/>\nOccupancy: 94%<br \/>\nHighlights:<\/p>\n<ul>\n<li>212,000 People Living within Three Miles<\/li>\n<li>Median Household Income of $112,000<\/li>\n<li>20 Apartment Complexes in One-Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1660\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-51-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Stor U Self Storage<br \/>\nLocation: Portland, CT<br \/>\nBrokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 68,774<br \/>\nUnit Count: 528 Climate Controlled and 122 Non-Climate Controlled Units<br \/>\nYear Built\/Renovated: 2004\/2016<br \/>\nOccupancy: 96% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Multiple Competitive Offers<\/li>\n<li>List to Close in Three Months<\/li>\n<li>Hartford, Connecticut MSA Self Storage Facility<\/li>\n<li>Excellent Visibility From The Arrigoni Bridge and Along Main Street\/Route 17A<\/li>\n<li>Traffic Count of 29,600 Cars Per Day Along Main Street<\/li>\n<li>Seller Spent Significant Cap Ex Dollars Including New Roof<\/li>\n<li>Limited Competition in the Area<\/li>\n<li>$99,584 Average Household Income Of Those Living within One Mile<\/li>\n<li>Growing Population<\/li>\n<\/ul>\n<p>Portfolio: Arkansas Five-Property Self Storage Portfolio<br \/>\nLocation: Walnut Ridge, AR<br \/>\nBroker and Brokerage: Larry Goldman of Goldman Investment Advisors and Argus Storage Advisors<br \/>\nUnit Count: 641<\/p>\n<p>Property: Charlotte, NC Self Storage Facility<br \/>\nClosing Price: $21.8 Million<br \/>\nLocation: Charlotte, NC<br \/>\nBuyer: KKR<br \/>\nYear Built: 2019<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1672\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-57-622x365.png\" alt=\"\" width=\"622\" height=\"365\" \/><\/p>\n<p>Property: Goffstown Back Road Self Storage<br \/>\nLocation: Goffstown, NH<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 65,700<br \/>\nUnit Count: 72 Climate Controlled and 392 Non-Climate Controlled Units<br \/>\nYear Built\/Expanded: 2018\/2021<br \/>\nHighlights:<\/p>\n<ul>\n<li>Southern New Hampshire Self Storage Facility<\/li>\n<li>Property Sits on the Manchester-Goffstown Line &#8211; The West Side of Manchester Is an Underserved Market with Minimal Drive-Up Storage<\/li>\n<li>New Expansion of 126 Units and 18,000 NRSF Just Completed<\/li>\n<li>High Daily Traffic Counts: 7,200 Cars\/Day<\/li>\n<li>Dense &amp; Growing Surrounding Population: 131,300 People Living within a Five-Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1662\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-53-655x365.png\" alt=\"\" width=\"655\" height=\"365\" srcset=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-53-655x365.png 655w, https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-53-500x280.png 500w\" sizes=\"(max-width: 655px) 100vw, 655px\" \/><\/p>\n<p>Property: Budget Self Storage<br \/>\nLocation: Bridgeport, CT<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 36,697<br \/>\nUnit Count: 383<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Southern Connecticut\/New York City MSA Self Storage Facility<\/li>\n<li>Undersupplied Market Self Storage Market<\/li>\n<li>Dense Surrounding Population: 276,556 Living within Five Miles | 183,618 People Living within Three Miles<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1665\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-42-639x365.jpg\" alt=\"\" width=\"639\" height=\"365\" \/><\/p>\n<p>Property: Modern Mini Storage &amp; Car Wash<br \/>\nLocation: Hartford, MI<br \/>\nBrokers and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 26,925<br \/>\nUnit Count: 200<br \/>\nOccupancy: 100% (Physical)<br \/>\nAcreage: 1.25<br \/>\nHighlights:<\/p>\n<ul>\n<li>Self Storage Facility and Car Wash<\/li>\n<li>Strong Historical Physical Occupancy<\/li>\n<li>Below Market Rents<\/li>\n<li>Limited Competition in the Area: Closest Competition Is Over Six Miles Away<\/li>\n<\/ul>\n<p>Property: A-1 Greencastle Self Storage<br \/>\nLocation: Greencastle, PA<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 71,426<br \/>\nUnit Count: 365 Non-Climate Controlled and Ten Climate Controlled Units, Three Commercial Spaces and 17 Parking Spaces<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1655\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-50-657x365.png\" alt=\"\" width=\"657\" height=\"365\" \/><\/p>\n<p>Portfolio: McWhorter Mini Storage Five-Property Portfolio<br \/>\nLocations: Courtland, Moulton, Town Creek and Trinity, AL<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 78,150<br \/>\nUnit Count: 543 Non- Climate Controlled and 24 Climate Controlled Units<br \/>\nAcreage: 14.2<br \/>\nRoom for Expansion: Yes<br \/>\nYears Built: 2004, 2005, 2005, 2008, 2000\/2020<br \/>\nOccupancy: 95% (Physical)<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1675\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/marcus-plymouth2-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Portfolio: A-Z Self Storage Four-Property Portfolio<br \/>\nLocations: La Porte and Plymouth, IN<br \/>\nBrokers and Brokerage: Sean Delaney of Marcus &amp; Millichap<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1657\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/image005-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Pike County Storage<br \/>\nLocation: Milford, PA<br \/>\nBrokers and Brokerage: 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 Units<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1663\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-41-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: CubeSmart Self Storage (Managed)<br \/>\nLocation: Charleston, SC<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 70,774<br \/>\nUnit Count: 677 Climate Controlled Units and One Retail Space<br \/>\nHighlights:<\/p>\n<ul>\n<li>Brand New, Four-Story, Class-A Self Storage Facility<\/li>\n<li>Opened November 2020<\/li>\n<li>Extremely High Barrier to Entry Market and Sub-Markets<\/li>\n<li>Great Visibility and Street Frontage Along Ashley River Road<\/li>\n<li>High Daily Traffic Counts: 37,000 Cars\/Day<\/li>\n<li>Convenient Location &#8211; Less than a Mile from Interstate 526<\/li>\n<li>Charleston Is One of the Fastest Growing Cities in the U.S.<\/li>\n<li>Dense &amp; Rapidly Growing Surrounding Population: 145,441 People Living within a Five-Mile Radius &#8211; Represents a 14% Increase Since 2000<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1667\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-43-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Broad Street Self Storage<br \/>\nLocation: Bristol, CT<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 16,300<br \/>\nUnit Count: 44 Climate Controlled, 111 Non Climate Controlled Units and Eight Parking Spaces<br \/>\nOccupancy: 95% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Bristol, Connecticut Stabilized Self Storage Facility<\/li>\n<li>Located in Hartford County and Almost Halfway between Boston and NYC<\/li>\n<li>Below Market Rents<\/li>\n<li>Only One Storage Facility within Three Miles Has Been Built in the Past 15 Years<\/li>\n<li>Undersupplied Market: 3.76 NRSF of Self Storage\/Capita within Three Miles<\/li>\n<li>Excellent Location and Visibility Along Broad Street<\/li>\n<li>High Daily Traffic Counts: 9,000 Cars\/Day<\/li>\n<li>Dense Surrounding Population: 111,772 People Living within Five Miles<\/li>\n<li>Affluent Market: Avg. Household Income within Five Miles Is Well Above the National Avg.<\/li>\n<li>Bristol Is the Home of ESPN and has an Average Household Income of Over $100,000<\/li>\n<\/ul>\n<p>Portfolio: Boardwalk Storage Eight-Property Portfolio<br \/>\nClosing Price: $45 Million ($121.34 PSF)<br \/>\nLocations: Chattanooga,\u00a0 TN, Macon and Dahlonega, GA<br \/>\nBrokers and Brokerage: Ashley Compton of The Colliers Self Storage Group<br \/>\nNRSF: 78,150<br \/>\nUnit Count: 543 Non- Climate Controlled and 24 Climate Controlled Units<br \/>\nAcreage: 54.13<br \/>\nRoom for Expansion: Yes<br \/>\nYears Built: 2004, 2005, 2005, 2008, 2000\/2020<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1656\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/image002-5-530x365.jpg\" alt=\"\" width=\"530\" height=\"365\" \/><\/p>\n<p>Portfolio: EZ Self Storage and Stor Mor Self Storage<br \/>\nLocation: Greeley, CO<br \/>\nBrokers and Brokerage: Thomas Parsons of The LeClaire-Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 38,960<br \/>\nUnit Count: 393<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1658\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/image005-1-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Fruita Storage<br \/>\nLocation: Fruita, CO<br \/>\nBrokers and Brokerage: Thomas Parsons of The LeClaire-Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 27,550<br \/>\nUnit Count: 201 Climate Controlled Units<br \/>\nYear Built: 2002<br \/>\nHighlights:<\/p>\n<ul>\n<li>Drive-Up Access<\/li>\n<li>Metal Rollup Doors<\/li>\n<li>Security Cameras<\/li>\n<li>18,000 Vehicles per Day<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1654 size-medium\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-49-scaled-e1641831268675-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Tryon Mini Storage<br \/>\nLocation: New Bern, NC<br \/>\nBroker and Brokerage: John C. Lindsey of Lindsey Self Storage Group<br \/>\nNRSF: 29,610<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1661 size-medium\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-52-e1641832191303-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Sheets Self Storage<br \/>\nLocation: Mt Airy, NC<br \/>\nBroker and Brokerage: John C. Lindsey of Lindsey Self Storage Group<br \/>\nNRSF: 155,638<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1664 size-medium\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-54-e1641832753392-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: America&#8217;s Storage Space<br \/>\nLocation: Christiansburg, VA<br \/>\nBroker and Brokerage: John C. Lindsey of Lindsey Self Storage Group<br \/>\nNRSF: 39,569<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1671 size-medium\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-56-e1641833740992-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: All American Storage<br \/>\nLocation: Clarksville, TN<br \/>\nBroker and Brokerage: John C. Lindsey of Lindsey Self Storage Group<br \/>\nNRSF: 93,750<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1666\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-55.png\" alt=\"\" width=\"600\" height=\"350\" \/><\/p>\n<p>Property: Markham Self Storage<br \/>\nLocation: Jackson, TN<br \/>\nBrokers and Brokerage: Cameron Vale, Andrew Plunkett and Parker Sweet of Berkshire Hathaway<br \/>\nNRSF: 63,412<br \/>\nUnit Count: 362<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property: Store Here Self Storage Location: Chesapeake, VA Brokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap NRSF: 55,843 Unit Count: 450 Climate Controlled Units, Nine Suites and 23 Outdoor Parking Spaces Year Built: 2018 Occupancy: 95% (Physical) Highlights: Multiple Competitive Offers List to Close in Just Over Three Months Newly Built, Three-Story, Class-A Facility Great Visibility &amp; Street Frontage Along Taylor Road High Daily Traffic Counts: 22,000 Cars\/Day Densely Populated Area: 122,941 People Living Within a Five Mile Radius &#8211;&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1663,"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\/1652"}],"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=1652"}],"version-history":[{"count":6,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1652\/revisions"}],"predecessor-version":[{"id":1686,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1652\/revisions\/1686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1663"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}