{"id":1822,"date":"2022-02-21T17:48:25","date_gmt":"2022-02-21T17:48:25","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1822"},"modified":"2022-02-22T17:48:40","modified_gmt":"2022-02-22T17:48:40","slug":"recent-closings-2-15-22-2-21-22","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-2-15-22-2-21-22\/","title":{"rendered":"Recent Closings: 2.15.22 &#8211; 2.21.22"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-1826\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/02\/screenshot_2022-02-18_8.49.03_am-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Kane Self Storage<br \/>\nClosing Price: $1.57 Million<br \/>\nLocation: Marlborough, MA<br \/>\nNRSF: 18,800<br \/>\nUnit Count: 136<br \/>\nAcreage: 1.0<\/p>\n<p>Property: American Storage<br \/>\nLocation: Atlantic Beach, FL<br \/>\nBuyer: InSite Property Group<br \/>\nNRSF: 49,331<br \/>\nUnit Count: 504 Drive-Up Units and 39 Parknig Spaces<br \/>\nOccupancy: 97%<\/p>\n<p>Property: CubeSmart (Managed)<br \/>\nClosing Price: $10 Million<br \/>\nLocation: Teaneck, NJ<br \/>\nBuyer: StorageBlue<br \/>\nNRSF: 40,000<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1830\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/02\/tennessee-self-storage-586x365.jpg\" alt=\"\" width=\"586\" height=\"365\" \/><\/p>\n<p>Property: Walter Hill Self Storage<br \/>\nLocation: Murfreesboro, TN<br \/>\nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 45,350<br \/>\nUnit Count: 273 Non-Climate Controlled, Four Offices, Two Apartments and 82 Parking Spaces<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1828\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/02\/image-6-e1645015698648.png\" alt=\"\" width=\"300\" height=\"225\" \/><\/p>\n<p>Property: CubeSmart (Managed)<br \/>\nLocation: Teaneck, NJ<br \/>\nBuyer: Andover Properties<br \/>\nNRSF: 76,000<br \/>\nAcreage: 4.7<br \/>\nBuilding Count: Four<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1823\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/02\/unnamed-1-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Storage Depot of Savannah<br \/>\nLocation: Savannah, GA<br \/>\nBrokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 111,640 Combined between Two Facilities<br \/>\nUnit Count: 324 Non Climate Controlled, 75 Climate Controlled, 35 Warehouse Spaces and 36 Outdoor Parking Spaces<br \/>\nOccupancy: 96% (Physical)<br \/>\nHighlights:<\/p>\n<ul>\n<li>Dense and Growing Surrounding Population: 81,448 People Living within Five Miles<\/li>\n<li>High Daily Traffic Counts: Bourne Ave: 17,200 Cars\/Day | Lynah Ave: 6,800 Cars\/Day<\/li>\n<li>New Amazon Fulfillment Center Coming to the Area that Will Add Over 1,000 Jobs<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-1827\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/02\/Marcus-Self-Storage-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Goffstown Back Road Self Storage<br \/>\nLocation: Goffstown, NH<br \/>\nBrokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 64,700<br \/>\nUnit Count: 380 Non Climate Controlled and 71 Climate Controlled Units<\/p>\n<p>Property: Stor-All Self Storage<br \/>\nLocation: Alachua, FL<br \/>\nBuyer: Personal Mini Storage<br \/>\nUnit Count: 240<\/p>\n<p>Property: Holly Hill Self Storage<br \/>\nLocation: Alexandria, VA<br \/>\nBroker and Brokerage: Ryan Clark and David Zehendner of SkyView Advisors<br \/>\nNRSF: 51,280 Combined between Two Facilities<br \/>\nUnit Count: 544<br \/>\nOpportunity for Expansion: Yes<\/p>\n<p>Portfolio: Tampa Bay Self-Storage Portfolio<br \/>\nLocation: Tampa, FL MSA<br \/>\nBroker and Brokerage: Ryan Clark and Bryce Josepher of SkyView Advisors<br \/>\nBuyer: Merit Hill Capital<br \/>\nNRSF: 101,635 Combined between Two Facilities<br \/>\nUnit Count: 890<br \/>\nAcreage: 8.35<br \/>\nOccupancy: 93% (Physical)<br \/>\nOpportunity for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>14 Highly Competitive Offers are Indicative of the Unprecedented Demand for Storage<\/li>\n<li>No New Facilities Planned within Five Miles of Either Site<\/li>\n<li>Value-Add Through Apartment Rentals on the Second Floors, Which Are Currently Vacant<\/li>\n<li>Location in a Top-Ten MSA with a Dense Population and Strong Household Incomes Ensures Success for Years to Come<\/li>\n<\/ul>\n<p>Property: Yuma Self Storage<br \/>\nLocation: Yuma, AZ<br \/>\nBroker and Brokerage: Jeff Gorden of KW Commercial and Argus Self Storage Advisors<br \/>\nAcreage: +\/-3.0<\/p>\n<p>Property: Shipshewana Mini Storage<br \/>\nLocation: Shipshewana, IN<br \/>\nBroker and Brokerage: John C. Lindsey of the Lindsey Self Storage Group<br \/>\nNRSF: 20,100<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property: Kane Self Storage Closing Price: $1.57 Million Location: Marlborough, MA NRSF: 18,800 Unit Count: 136 Acreage: 1.0 Property: American Storage Location: Atlantic Beach, FL Buyer: InSite Property Group NRSF: 49,331 Unit Count: 504 Drive-Up Units and 39 Parknig Spaces Occupancy: 97% Property: CubeSmart (Managed) Closing Price: $10 Million Location: Teaneck, NJ Buyer: StorageBlue NRSF: 40,000 Property: Walter Hill Self Storage Location: Murfreesboro, TN Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap NRSF: 45,350 Unit Count: 273 Non-Climate Controlled, Four Offices, Two&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1823,"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\/1822"}],"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=1822"}],"version-history":[{"count":4,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1822\/revisions"}],"predecessor-version":[{"id":1831,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1822\/revisions\/1831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1823"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}