{"id":2058,"date":"2022-05-11T17:49:04","date_gmt":"2022-05-11T17:49:04","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=2058"},"modified":"2022-05-11T18:05:21","modified_gmt":"2022-05-11T18:05:21","slug":"recent-closings-5-3-2022-5-9-2022","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-5-3-2022-5-9-2022\/","title":{"rendered":"Recent Closings: 5.3.2022 – 5.9.2022"},"content":{"rendered":"

<\/p>\n

\n
Property: CubeSmart Self Storage (Managed)
\nClosing Price: $8.505 Million
\nLocation: Chattanooga, TN<\/div>\n<\/header>\n
\n

Buyer: York Pc Chtn1 LLC.
\nSeller: Chattanooga Storage LLC.<\/p>\n

\n
Property: CubeSmart Self Storage (Managed)
\nClosing Price: $4.672 Million
\nLocation: Chattanooga, TN<\/div>\n<\/header>\n
\n

Buyer: York Pc Chtn1 LLC.
\nSeller: Dyersburg Self Storage Fund LLC.<\/p>\n<\/div>\n

\n
\"\"<\/div>\n
Property: Storage Star
\nLocation: Federal Way, WA
\nBrokers and Brokerage: Tasso Douglas, Jesse Cameron, Brett Hatcher, Gabriel Coe and Jacob Becher of the Hatcher-Coe Group of Marcus & Millichap<\/div>\n<\/header>\n
\n

Buyer: SecureSpace
\nNRSF: 92,244
\nUnit Count: 803 Non-Climate Controlled Units and 15 Outdoor Parking Spaces
\nBuilding Count: Eight
\nHighlights:<\/p>\n

    \n
  • Below Market Rents<\/li>\n
  • Quickly Expanding Market<\/li>\n
  • Dense Surrounding Population: 224,540 People Living within a Five-Mile Radius – Represents a 24% Increase Since 2000<\/li>\n
  • Affluent Market: Average Household Income within Three and Five Miles Is Well Above the National Average<\/li>\n<\/ul>\n
    \n
    \"\"<\/div>\n
    Property: Extra Space Storage (Managed)
    \nLocation: Pensacola, FL
    \nBrokers and Brokerage: Nathan Coe, Meir Permuter, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap<\/div>\n<\/header>\n
    \n

    NRSF: 59,965
    \nUnit Count: 475 Climate Controlled Units, 69 Non-Climate Controlled Units and 115 Parking Spaces
    \nRoom for Expansion: Yes
    \nHighlights:<\/p>\n

      \n
    • Brand New Class A Self Storage Facility<\/li>\n
    • Opened February 2021<\/li>\n
    • Very Fast Lease Up<\/li>\n
    • Tremendous Accessibility and Visibility Along Nine Mile Road<\/li>\n
    • High Daily Traffic Counts: 24,500 Cars\/Day<\/li>\n
    • Rapidly Growing Market: Five Mile Population has Increased by Over 32% Since 2000<\/li>\n
    • Surrounded by National Retail Brands<\/li>\n
    • Sold in Conjuncture with SVN Southland Commercial Real Estate<\/li>\n<\/ul>\n
      \n
      Property: Sorrento Self Storage Facility
      \nLocation: Sorrento, FL
      \nBuyer: Andover Properties<\/div>\n<\/header>\n
      \n

      NRSF: 34,000<\/p>\n

      \n
      Portfolio: Storage Center Two-Property Portfolio
      \nLocation: Tallahassee, FL
      \nBuyer: Andover Properties<\/div>\n<\/header>\n
      \n

      NRSF: 182,000
      \nUnit Count: 1,337<\/p>\n

      \n
      \"\"<\/div>\n
      Property: The Storage Depot
      \nLocation: North Haven, CT
      \nBrokers and Brokerage: Cameron Vale and Parker Sweet of Berkshire Hathaway<\/div>\n<\/header>\n
      \n

      NRSF: 33,260
      \nUnit Count: 310<\/p>\n<\/div>\n

      \n
      Property: Ballpark Self Storage
      \nLocation: Adelanto, CA
      \nBrokers and Brokerage: Keith Phillips and Adam Schlosser of the LeClaire-Schlosser Group of Marcus & Millichap<\/div>\n<\/header>\n
      \n

      NRSF: 55,000
      \nUnit Count: 376<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

      Property: CubeSmart Self Storage (Managed) Closing Price: $8.505 Million Location: Chattanooga, TN Buyer: York Pc Chtn1 LLC. Seller: Chattanooga Storage LLC. Property: CubeSmart Self Storage (Managed) Closing Price: $4.672 Million Location: Chattanooga, TN Buyer: York Pc Chtn1 LLC. Seller: Dyersburg Self Storage Fund LLC. Property: Storage Star Location: Federal Way, WA Brokers and Brokerage: Tasso Douglas, Jesse Cameron, Brett Hatcher, Gabriel Coe and Jacob Becher of the Hatcher-Coe Group of Marcus & Millichap Buyer: SecureSpace NRSF: 92,244 Unit Count: 803 Non-Climate Controlled Units and 15 Outdoor Parking Spaces Building Count:…<\/p>\n","protected":false},"author":7,"featured_media":2062,"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\/2058"}],"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=2058"}],"version-history":[{"count":5,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2058\/revisions"}],"predecessor-version":[{"id":2066,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2058\/revisions\/2066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2062"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}