{"id":1691,"date":"2022-01-17T16:58:45","date_gmt":"2022-01-17T16:58:45","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1691"},"modified":"2022-01-17T17:12:29","modified_gmt":"2022-01-17T17:12:29","slug":"recent-closings-1-11-22-1-17-22","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-1-11-22-1-17-22\/","title":{"rendered":"Recent Closings: 1.11.22 \u2013 1.17.22"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-1692\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/16158f78-95a9-4bf7-9871-46e33f0a4523-660x350.jpg\" alt=\"\" width=\"660\" height=\"350\" \/><\/p>\n<p>Portfolio: American Storage Portfolio<br \/>\nCap Rate: 6.5%<br \/>\nLocation: Amarillo, TX<br \/>\nBrokers and Brokerage: John Owens of KW Commercial<br \/>\nNRSF: 51,669<br \/>\nUnit Count: 380<br \/>\nYear Built: 2011<br \/>\nOccupancy: 84%<br \/>\nAcreage: 3.03<br \/>\nRoom for Expansion: Yes<\/p>\n<p>Portfolio: Extra Space Storage 16-Property Portfolio<br \/>\nLocations: 12 States<br \/>\nBrokers and Brokerage: \u00a0Aaron Swerdlin, Kenneth Cox and Taucha Hogue of Newmark<br \/>\nNRSF: 1,300,000<br \/>\nUnit Count: 380<br \/>\nBuyer: Rosewood Property Company<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1693\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-59-626x365.png\" alt=\"\" width=\"626\" height=\"365\" \/><\/p>\n<p>Property: All Town Storage<br \/>\nLocation: Granby, MA<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 34,250<br \/>\nUnit Count: 242 Non-Climate Controlled Units<br \/>\nYear Built: 2004\/2005\/2017<br \/>\nOccupancy: 95% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>High Daily Traffic Counts of 12,800 Cars Per Day off W State St<\/li>\n<li>Updated Security: New Keypad and Gate Operation<\/li>\n<li>Average Household Income within One and Three Miles Is Well Above the National Average<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1694 size-full\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-60-e1642171980984.png\" alt=\"\" width=\"580\" height=\"217\" \/><\/p>\n<p>Property: AAA Safe-N-Sound Storage<br \/>\nLocation: Spanish Fork, UT<br \/>\nBrokers and Brokerage: Mike Brandon and Ryan Clark of SkyView Advisors<br \/>\nNRSF: 46,550<br \/>\nUnit Count: 314<br \/>\nHighlights:<\/p>\n<ul>\n<li>Robust Year Over Year Population<\/li>\n<li>Excellent Proximity to Interstate 15<\/li>\n<li>Over 106,000 Vehicles Daily<\/li>\n<\/ul>\n<p>Property: All Secure Storage<br \/>\nLocation: Conway, AR<br \/>\nNRSF: 62,030<br \/>\nUnit Count: 458<br \/>\nBuyer: Absolute Storage Management<\/p>\n<p>Property: Brazos Moving &amp; Storage<br \/>\nLocation: Bryan, TX<br \/>\nBrokers and Brokerage: Dave Knobler and Charles &#8220;Chico&#8221; LeClaire of The LeClaire-Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 64,290<br \/>\nHighlights:<\/p>\n<ul>\n<li>C of O Deal<\/li>\n<li>Roughly 1,000 Feet of Frontage on North Harvey Mitchell Parkway<\/li>\n<li>Approximately 22,000 Vehicles per Day<\/li>\n<li>6.63 Square Feet per Capita<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1703\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-66-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Storage Maxx<br \/>\nLocation: Homestead, FL<br \/>\nBrokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 42,306<br \/>\nUnit Count: 137 Non-Climate Controlled Units, 203 Non-Climate Controlled Units, 129 Parking Spaces and Ten Lockers<br \/>\nOccupancy: 93% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Miami, Florida MSA Self Storage Facility<\/li>\n<li>U-Haul Truck Rentals<\/li>\n<li>Excellent Visibility and Street Frontage on Old Dixie Hwy<\/li>\n<li>Convenient Location &#8211; Less than 1 Mile From U.S. Route 1<\/li>\n<li>High Daily Traffic Counts: 3,800 Cars\/Day off Old Dixie Hwy and 30,000 Cars\/Day off U.S. Route 1<\/li>\n<li>Dense &amp; Growing Population: 114,184 People Living within Three Miles; 163,897 People Living within Five Miles -Represents an 80% Increase Since 2000<\/li>\n<\/ul>\n<p>Property: Ultimate Boat and RV Storage<br \/>\nLocation: Litchfield Park, AZ<br \/>\nBuyer: Andover Properties<br \/>\nNRSF: 314,000<br \/>\nAcreage: 16<br \/>\nHighlights:<\/p>\n<ul>\n<li>Power Hook-Ups<\/li>\n<li>Water and Dump Stations<\/li>\n<li>24\/7 Security and Surveillance<\/li>\n<li>50-foot Turn Aisles<\/li>\n<li>Detailing and Wash Bays<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1695\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-45-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Swift Self Storage<br \/>\nLocation: Bradenton, FL<br \/>\nBrokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 65,700<br \/>\nUnit Count: 873 Climate-Controlled Units<br \/>\nYear Built: 2021<br \/>\nOccupancy: 95% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Brand New, All Climate-Controlled, State-of-the-Art Facility<\/li>\n<li>All Drive Up Units with Easy Unloading and Loading Access<\/li>\n<li>Private Access Codes and Mobile App for Easy Entry<\/li>\n<li>Newest Facility in Three-Mile Radius<\/li>\n<li>Excellent Location and Great Street Frontage<\/li>\n<li>High Daily Traffic Counts: 45,500 Cars per Day<\/li>\n<li>Dense Population: 171,796 People Living within a Five-Mile Radius which Represents a 17% Increase Since 2000<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1696 size-full\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-61-e1642172905270.png\" alt=\"\" width=\"580\" height=\"217\" \/><\/p>\n<p>Portfolio: Oklahoma City Three-Property Self Storage Portfolio<br \/>\nLocation: Oklahoma City, OK<br \/>\nBrokers and Brokerage: Scott Schoettlin and Ryan Clark of SkyView Advisors<br \/>\nNRSF: 85,150<br \/>\nOccupancies: 95%+<br \/>\nRoom for Expansion: Yes<\/p>\n<p>Property: Plan-It Storage<br \/>\nLocation: Denton, TX<br \/>\nBrokerage: The Karr Self Storage Group of Marcus &amp; Millichap<br \/>\nNRSF: 148,845<br \/>\nUnit Count: 1,146<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1713\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-67.png\" alt=\"\" width=\"577\" height=\"324\" srcset=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-67.png 577w, https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-67-500x280.png 500w\" sizes=\"(max-width: 577px) 100vw, 577px\" \/><\/p>\n<p>Property: Safe &amp; Sound Storage<br \/>\nLocation: Pine Bush, NY<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 8,700<br \/>\nUnit Count: 84 Non-Climate Controlled Units<br \/>\nOccupancy: 100% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Multiple Competitive Offers<\/li>\n<li>Closed Above List Price<\/li>\n<li>Orange County New York Stabilized Self Storage Facility<\/li>\n<li>Very High Barrier to Entry and Very Low Competition Nearby<\/li>\n<li>Undersupplied Self Storage Market | Saturation Metrics Well Below Averages<\/li>\n<li>2.31 NRSF\/Capita within Five Miles | 2.43 NRSF\/Capita within Three Miles<\/li>\n<li>Tremendous Location and Visibility Along Ted Drive | Majority of Competition in Much More Rural Areas<\/li>\n<li>Orange County, New York Is a Rapidly Growing County and Site Is in Close Proximity to Middletown, Newburgh and Poughkeepsie &#8211; All Seeing Tremendous Growth<\/li>\n<li>Five Mile Population Around The Facility Has Grown By More Than 30 Percent Since 2000<\/li>\n<li>Affluent Market: Average Household Income of $111,534 of People Living within Five Miles<\/li>\n<\/ul>\n<p>Property: Store It All Texas<br \/>\nLocation: Caddo Mills, TX<br \/>\nBrokerage: The Karr Self Storage Group of Marcus &amp; Millichap<br \/>\nNRSF: 168,917<br \/>\nUnit Count: 641<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1698\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-46-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Buffalo MSA Self Storage Facility<br \/>\nLocation: Buffalo, NY MSA<br \/>\nBrokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 50,000+\/-<br \/>\nUnit Count: 400+\/- Non-Climate Controlled Units<br \/>\nOccupancy: 94% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>New Construction Self Storage Facility<\/li>\n<li>Below Market Rents<\/li>\n<li>On-Site Rental Kiosk<\/li>\n<li>High Daily Traffic Counts: 12,900 Cars\/Day<\/li>\n<li>Undersaturated Self Storage Market: 5.65 NRSF Per Capita within a Three-Mile Radius; 6.04 NRSF Per Capita within a Five-Mile Radius<\/li>\n<li>Dense Surrounding Population: 140,518 People Living within a Five-Mile Radius<\/li>\n<\/ul>\n<p>Property: AllSize Storage<br \/>\nLocation: Wichita Falls, TX<br \/>\nBrokerage: The Karr Self Storage Group of Marcus &amp; Millichap<br \/>\nNRSF: 64,900<br \/>\nUnit Count: 438<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1701 size-full\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-64-e1642175614176.png\" alt=\"\" width=\"580\" height=\"214\" \/><\/p>\n<p>Property: Extra Space Storage (Managed)<br \/>\nLocation: Hartford, CT MSA<br \/>\nBrokers and Brokerage: Aaron Sanchez and Ryan Clark of SkyView Advisors<br \/>\nNRSF: 57,767<br \/>\nOccupancy: 97% (Physical)<br \/>\nRoom for Expansion: Yes, 13,015 NRSF<br \/>\nHighlights:<\/p>\n<ul>\n<li>Over 140,000 Vehicles Daily<\/li>\n<li>168,000 Population in Three-Mile Trade Area<\/li>\n<\/ul>\n<p>Property: Addison Airport Self Storage<br \/>\nLocation: Addison, TX<br \/>\nBrokerage: The Karr Self Storage Group of Marcus &amp; Millichap<br \/>\nNRSF: 37,773<br \/>\nUnit Count: 249<\/p>\n<p>Property: Bear Valley West Self Storage<br \/>\nLocation: Victorville, CA<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe, Tasso Douglas, Jesse Cameron and Jacob Becher of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 111,180<br \/>\nUnit Count: 576 Non-Climate Controlled Units<br \/>\nYear Built\/Expanded: 2003\/2005\/2009<br \/>\nOccupancy: 99% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Conveniently Located with Great Street Frontage<\/li>\n<li>Less than One Mile from Highway 395 and Two Miles from I-15<\/li>\n<li>Dense and Growing Population: 155,409 People Living within a Five-Mile Radius &#8211; Represents a 109% Increase Since 2000<\/li>\n<\/ul>\n<p>Property: Superior Storage<br \/>\nLocation: Lindale, TX<br \/>\nBrokerage: The Karr Self Storage Group of Marcus &amp; Millichap<br \/>\nNRSF: 25,820<br \/>\nUnit Count: 245<\/p>\n<p>Property: Davis Rentals<br \/>\nLocation: Green Cove Springs, FL<br \/>\nBrokerage: Brett Hatcher, Gabriel Coe, Nathan Coe and Meir Perlmuter of The Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 85,705<br \/>\nUnit Count: 485<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-1702 size-full\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/01\/unnamed-65-e1642175781377.png\" alt=\"\" width=\"543\" height=\"218\" \/><\/p>\n<p>Property: Life Storage (Managed)<br \/>\nLocation: Dallas, TX MSA<br \/>\nBrokers and Brokerage: Aaron Sanchez and Ryan Clark of SkyView Advisors<br \/>\nNRSF: 90,656<br \/>\nUnit Count: 881<br \/>\nOccupancy: 97% (Physical)<br \/>\nRoom for Expansion: Yes, 13,015 NRSF<br \/>\nHighlights:<\/p>\n<ul>\n<li>Class A Facility<\/li>\n<li>REIT Managed<\/li>\n<\/ul>\n<p>Property: Area Wide Storage<br \/>\nLocation: Mount Pleasant, TX<br \/>\nBrokerage: The Karr Self Storage Group of Marcus &amp; Millichap<br \/>\nNRSF: 74,300<br \/>\nUnit Count: 476<\/p>\n<p>&nbsp;<\/p>\n<p>Portfolio: I Stor-It Two-Property Portfolio<br \/>\nLocation: Springfield, MO MSA<br \/>\nBrokers and Brokerage: Aaron Sanchez and Ryan Clark of SkyView Advisors<br \/>\nNRSF: 52,290<br \/>\nUnit Count: 314<br \/>\nRoom for Expansion: Yes, 130,000 NRSF<br \/>\nOccupancy: 98% (Physical)<br \/>\nHighlights:<\/p>\n<p>Property: Country Lane Storage<br \/>\nLocation: Winnsboro, TX<br \/>\nBrokerage: The Karr Self Storage Group of Marcus &amp; Millichap<br \/>\nNRSF: 22,500<br \/>\nUnit Count: 122<\/p>\n<p>Property: County Line Self Storage<br \/>\nLocation: Yukon, OK<br \/>\nBrokerage: The Karr Self Storage Group of Marcus &amp; Millichap<br \/>\nNRSF: 104,184<br \/>\nUnit Count: 351<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Portfolio: American Storage Portfolio Cap Rate: 6.5% Location: Amarillo, TX Brokers and Brokerage: John Owens of KW Commercial NRSF: 51,669 Unit Count: 380 Year Built: 2011 Occupancy: 84% Acreage: 3.03 Room for Expansion: Yes Portfolio: Extra Space Storage 16-Property Portfolio Locations: 12 States Brokers and Brokerage: \u00a0Aaron Swerdlin, Kenneth Cox and Taucha Hogue of Newmark NRSF: 1,300,000 Unit Count: 380 Buyer: Rosewood Property Company Property: All Town Storage Location: Granby, MA Brokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of The Hatcher Group of Marcus &amp;&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1695,"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\/1691"}],"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=1691"}],"version-history":[{"count":6,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1691\/revisions"}],"predecessor-version":[{"id":1720,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1691\/revisions\/1720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1695"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}