{"id":1912,"date":"2022-03-21T16:14:32","date_gmt":"2022-03-21T16:14:32","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=1912"},"modified":"2022-03-21T17:19:27","modified_gmt":"2022-03-21T17:19:27","slug":"recent-closings-3-15-22-3-21-22","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-3-15-22-3-21-22\/","title":{"rendered":"Recent Closings: 3.15.22 \u2013 3.21.22"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-1913\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/03\/unnamed-7-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Got 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: 87,502<br \/>\nUnit Count: 523 Non-Climate Controlled, 19 Lockers and 178 RV Parking Spaces<br \/>\nOccupancy: 99% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>RV Storage with Dump Station<\/li>\n<li>All Doors are Individually Alarmed<\/li>\n<li>State-of-the-Art Security<\/li>\n<li>Wide Drives<\/li>\n<li>Shipping Center Located on Site<\/li>\n<li>Less than Two Miles from Both Highway 395 and I-15<\/li>\n<li>Dense and Growing Population: 170,052 People Living within a Five-Mile Radius &#8211; Represents a 103% Increase Since 2000<\/li>\n<\/ul>\n<p>Property: Highland Mini Storage<br \/>\nLocation: San Antonio, TX<br \/>\nNRSF: 43,000<br \/>\nUnit Count: 410 and 80 Parking Spaces<br \/>\nBuyer: StorageMart<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1914\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/03\/unnamed-8.png\" alt=\"\" width=\"600\" height=\"350\" \/><\/p>\n<p>Property: A-Key Storage Portfolio<br \/>\nLocation: Clovis, NM<br \/>\nBrokers and Brokerage: Cameron Vale, Parker Sweet and Josh Cato of Berkshire Hathaway<br \/>\nNRSF: 235,978<br \/>\nUnit Count: 1,541<\/p>\n<p>Property: Village Drive Development Property<br \/>\nLocation: San Antonio, TX<br \/>\nClosing Price: $12.55 Million<br \/>\nNRSF: 80,000<br \/>\nAcreage: 1.8<br \/>\nBuyer: Life Storage<\/p>\n<p>Portfolio: Paluxy Drive Self Storage<br \/>\nLocations: Tyler, TX<br \/>\nBrokers and Brokerage: Danny Cunningham, Bryan Quaschnick and Brandon Karr of Marcus &amp; Millichap<br \/>\nNRSF: 35,892<br \/>\nUnit Count: 279<br \/>\nHighlights:<\/p>\n<ul>\n<li>Multiple Offers Generated from Texas-based and Out-of-State Storage Groups<\/li>\n<li>Both the Buyer and the Seller to Achieve Their Independent Goals of Facilitating a 1031-Exchange<\/li>\n<li>\n<div>Perimeter Fencing and Lighting<\/div>\n<\/li>\n<li>\n<div>On-site Manager&#8217;s Office<\/div>\n<\/li>\n<li>\n<div>Personalized Key-Pad Gated Entry<\/div>\n<\/li>\n<li>\n<div>Garage-Style Roll Up Doors<\/div>\n<\/li>\n<li>\n<div>Concrete Driveways<\/div>\n<\/li>\n<li>\n<div>Standing-Seam Metal Roofs<\/div>\n<\/li>\n<li style=\"list-style-type: none;\"><\/li>\n<\/ul>\n<p>Property: Cavitt Street Storage<br \/>\nLocation: Bryan, TX<br \/>\nBrokers and Brokerage: Arol Horkavy and Jon Danklefs of Marcus &amp; Millichap<br \/>\nNRSF: 8,100<br \/>\nUnit Count: 313<br \/>\nAcreage: 0.48<\/p>\n<p>Portfolio: 12-Property Self Storage Portfolio<br \/>\nLocations: Illinois, New York, North Carolina and Texas<br \/>\nNRSF: 625,598<br \/>\nOccupancy: 91%<br \/>\nBuyer: Life Storage<br \/>\nSeller: Harrison Street<\/p>\n<p>Portfolio: The IN Four-Property Self Storage Portfolio<br \/>\nLocations: Aubrey, Flower Mound, Fort Worth and Wylie, TX<br \/>\nBrokers and Brokerage: Danny Cunningham and Brandon Karr\u00a0of Marcus &amp; Millichap<br \/>\nNRSF: 136,150<br \/>\nUnit Count: 1,041<br \/>\nBuyer: Cohen Investment Group<\/p>\n<p>Property: Life Storage Facility<br \/>\nLocation: San Antonio, TX<br \/>\nNRSF: 99,833<br \/>\nUnit Count: 877<br \/>\nBuyer: StorageMart<\/p>\n<p>Property: Expo Self Storage<br \/>\nLocation: Sacramento, CA<br \/>\nClosing Price: $6.7 Million<\/p>\n<p>Property: Union Chapel Storage<br \/>\nLocation: Noblesville, IN<br \/>\nBrokers and Brokerage: Rob Schick of Argus Self Storage Advisors<br \/>\nNRSF: 76,854<br \/>\nUnit Count: 484<br \/>\nOccupancy: 54%<br \/>\nYear Built: 2020<\/p>\n<p>Property: IN Self Storage<br \/>\nLocation: Louisville-Jefferson County, KY<br \/>\nBrokers and Brokerage: Michael Brandon and Scott Schoettlin of SkyView Advisors<br \/>\nNRSF: 40,000<br \/>\nUnit Count: 300+<\/p>\n<p>Property: Extra Space Storage<br \/>\nLocation: Fairfield, AL<br \/>\nBrokers and Brokerage: Bryce Josepher, Zachary Urow, Richard Riddle and Scott Schoettlin of SkyView Advisors<br \/>\nNRSF: 78,215<br \/>\nUnit Count: 598<br \/>\nAcreage: 9.4<br \/>\nOccupancy: 99% (Physical)<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Class A Facility<\/li>\n<li>Limited Competition<\/li>\n<li>The Buyer Is Acquiring a Superior Asset in the Birmingham Metropolitan Market<\/li>\n<li>Upside Potential Through Rasing Rental Rates for In-Place Tenants to Market Levels<\/li>\n<li>Boasts a Near-Physically Full Occupancy After Two Years Since Opening Doors<\/li>\n<li>Serves as the Sole Self-Storage Facility within a One-Mile Radius<\/li>\n<li>No New Facilities Planned within a Four-Mile Radius<\/li>\n<li>Self Storage Desert with Market Undersupplied at 2.68 NRSF per Capita in a Three-Mile Radius<\/li>\n<li>Strong Traffic Counts on Both Aaron Aronov Drive and Interstate 20 of Over 16,750 and 69,880 Vehicles Daily, Respectively<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Property: Got Storage Location: Victorville, CA Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Tasso Douglas, Jesse Cameron and Jacob Becher of The Hatcher Group of Marcus &amp; Millichap NRSF: 87,502 Unit Count: 523 Non-Climate Controlled, 19 Lockers and 178 RV Parking Spaces Occupancy: 99% (Physical) Room for Expansion: Yes Highlights: RV Storage with Dump Station All Doors are Individually Alarmed State-of-the-Art Security Wide Drives Shipping Center Located on Site Less than Two Miles from Both Highway 395 and I-15 Dense and Growing Population: 170,052 People Living within a Five-Mile Radius&hellip;<\/p>\n","protected":false},"author":7,"featured_media":1913,"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\/1912"}],"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=1912"}],"version-history":[{"count":3,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1912\/revisions"}],"predecessor-version":[{"id":1925,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/1912\/revisions\/1925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/1913"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=1912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=1912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=1912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}