{"id":2080,"date":"2022-05-17T13:55:02","date_gmt":"2022-05-17T13:55:02","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=2080"},"modified":"2022-05-17T14:15:40","modified_gmt":"2022-05-17T14:15:40","slug":"recent-closings-5-10-2022-5-16-2022","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-5-10-2022-5-16-2022\/","title":{"rendered":"Recent Closings: 5.10.2022 \u2013 5.16.2022"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><\/p>\n<header>\n<div><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2079\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/05\/unnamed-16-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/div>\n<div><span style=\"color: #333333;\">Property: CubeSmart Self Storage (Managed)<\/span><br \/>\n<span style=\"color: #333333;\">Location: Fort Myers, FL<\/span><br \/>\n<span style=\"color: #333333;\">Brokers and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus &amp; Millichap<\/span><\/div>\n<\/header>\n<div>\n<p><span style=\"color: #333333;\">NRSF: 76,100<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 803 Climate Controlled Units<\/span><br \/>\n<span style=\"color: #333333;\">Acreage: 1.96<\/span><br \/>\n<span style=\"color: #333333;\">Highlights:<\/span><\/p>\n<ul>\n<li><span style=\"color: #333333;\">Brand New Class A All Climate Controlled Facility<\/span><\/li>\n<li><span style=\"color: #333333;\">Located in the Heart of Fort Myers<\/span><\/li>\n<li><span style=\"color: #333333;\">Strong Market Rents<\/span><\/li>\n<li><span style=\"color: #333333;\">Great Street Visibility from MLK Boulevard<\/span><\/li>\n<li><span style=\"color: #333333;\">Dense and Growing Surrounding Population: 116,190 People within in a Five Mile Radius, a 27% Increase Since the Year 2000<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2098\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/05\/389672_standard-1-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/span><br \/>\n<span style=\"color: #333333;\">Property: Elite Motorcoach Storage<\/span><br \/>\n<span style=\"color: #333333;\">Closing Price: $12.3 Million<\/span><br \/>\n<span style=\"color: #333333;\">Location: Sarasota, FL<\/span><br \/>\n<span style=\"color: #333333;\">Broker and Brokerage: Gail Bowden of SVN<\/span><br \/>\n<span style=\"color: #333333;\">NRSF: 14,000<\/span><br \/>\n<span style=\"color: #333333;\">Acreage: 5.56<\/span><\/p>\n<p><span style=\"color: #333333;\">Property: Ballpark Self Storage<\/span><br \/>\n<span style=\"color: #333333;\">Location: Adelanto, CA<\/span><br \/>\n<span style=\"color: #333333;\">Broker and Brokerage: Keith Phillips at Marcus and Millichap<\/span><br \/>\n<span style=\"color: #333333;\">NRSF: 55,000<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 370<\/span><br \/>\n<span style=\"color: #333333;\">Acreage: 5.56<\/span><\/p>\n<p><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-2099\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/05\/c1529a443918175203bb435c82b8.jpg\" alt=\"\" width=\"225\" height=\"168\" \/><\/span><br \/>\n<span style=\"color: #333333;\">Property: Life Storage (Managed)<\/span><br \/>\n<span style=\"color: #333333;\">Location: Manchester, NH<\/span><br \/>\n<span style=\"color: #333333;\">Broker and Brokerage: Bill Sitar, Thomas Palumbo and Monty Spencer of The Storage Acquisition Group.<\/span><br \/>\n<span style=\"color: #333333;\">NRSF: 72,725<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 888<\/span><br \/>\n<span style=\"color: #333333;\">Acreage: 5.56<\/span><\/p>\n<p><span style=\"color: #333333;\">Property: Former K-Mart<\/span><br \/>\n<span style=\"color: #333333;\">Closing Price: $6.6 Million<\/span><br \/>\n<span style=\"color: #333333;\">Location: Lawnside, NJ<\/span><br \/>\n<span style=\"color: #333333;\">Brokerage: Equity Retail Brokers<\/span><br \/>\n<span style=\"color: #333333;\">NRSF: 121,000<\/span><\/p>\n<p><span style=\"color: #333333;\">Property: Former K-Mart<\/span><br \/>\n<span style=\"color: #333333;\">Location: Morton, IL<\/span><br \/>\n<span style=\"color: #333333;\">Buyer: U-Haul<\/span><br \/>\n<span style=\"color: #333333;\">NRSF: 95,520<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 750<\/span><\/p>\n<header>\n<div><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2092\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/05\/unnamed-19-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/span><\/div>\n<div><span style=\"color: #333333;\">Property: 281 Mini Storage<\/span><br \/>\n<span style=\"color: #333333;\">Location: George West, TX<\/span><br \/>\n<span style=\"color: #333333;\">Broker and Brokerage: Bryan Quaschnick of the Karr-Cunningham Group of Marcus &amp; Millichap<\/span><br \/>\n<span style=\"color: #333333;\">NRSF: 37,440<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 199<\/span><\/div>\n<\/header>\n<\/div>\n<div>\n<header>\n<div><\/div>\n<\/header>\n<div>\n<p><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2093\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/05\/unnamed-20-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/span><\/p>\n<p><span style=\"color: #333333;\">Property: Park Place 4 RVs Storage<\/span><br \/>\n<span style=\"color: #333333;\">Location: Canyon Lake, TX<\/span><br \/>\n<span style=\"color: #333333;\">Broker and Brokerage: Bryan Quaschnick of the Karr-Cunningham Group of Marcus &amp; Millichap<\/span><\/p>\n<\/div>\n<header>\n<div><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2089\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/05\/unnamed-17-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/span><\/div>\n<div><span style=\"color: #333333;\">Portfolio: Simply Self Storage (Managed) Four Property Portfolio<\/span><br \/>\n<span style=\"color: #333333;\">Locations: Columbus, Gahanna, Powell and Reynoldsburg, OH<\/span><br \/>\n<span style=\"color: #333333;\">Brokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher-Coe Group of Marcus &amp; Millichap<\/span><\/div>\n<\/header>\n<div>\n<p><span style=\"color: #333333;\">NRSF: 346,218<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 2,321<\/span><br \/>\n<span style=\"color: #333333;\">Physical Occupancy: 90%<\/span><br \/>\n<span style=\"color: #333333;\">Room for Expansion: Yes<\/span><br \/>\n<span style=\"color: #333333;\">Highlights:<\/span><\/p>\n<ul>\n<li><span style=\"color: #333333;\">Four Property Portfolio Throughout Central Ohio | Columbus MSA<\/span><\/li>\n<li><span style=\"color: #333333;\">Climate Controlled and Non-Climate Controlled Units<\/span><\/li>\n<li><span style=\"color: #333333;\">All Four Locations Offer Parking Spaces for Rent<\/span><\/li>\n<li><span style=\"color: #333333;\">Densely Populated Areas<\/span><\/li>\n<\/ul>\n<header>\n<div><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2091\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/05\/image007-619x365.jpg\" alt=\"\" width=\"619\" height=\"365\" \/><\/span><\/div>\n<div><span style=\"color: #333333;\">Property: Emerald @ 78 Self Storage<\/span><br \/>\n<span style=\"color: #333333;\">Location: Vista, CA<\/span><br \/>\n<span style=\"color: #333333;\">Brokers and Brokerage: Keith Phillips and Adam Schlosser of the LeClaire-Schlosser Group of Marcus &amp; Millichap<\/span><\/div>\n<\/header>\n<div>\n<p><span style=\"color: #333333;\">NRSF: 94,625<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 769<\/span><\/p>\n<\/div>\n<header>\n<div><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2090\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/05\/unnamed-18-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/span><\/div>\n<div><span style=\"color: #333333;\">Property: Harris Mini Storage<\/span><br \/>\n<span style=\"color: #333333;\">Location: Mount Dora, FL<\/span><br \/>\n<span style=\"color: #333333;\">Brokers and Brokerage: Meir Perlmuter, Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus &amp; Millichap<\/span><\/div>\n<\/header>\n<div>\n<p><span style=\"color: #333333;\">NRSF: 77,505<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 130 Climate Controlled Units, 460 Non-Climate Controlled and 82 Parking Spaces<\/span><br \/>\n<span style=\"color: #333333;\">Physical Occupancy: 96%<\/span><br \/>\n<span style=\"color: #333333;\">Acreage: 1.96<\/span><br \/>\n<span style=\"color: #333333;\">Highlights:<\/span><\/p>\n<ul>\n<li><span style=\"color: #333333;\">Received Multiple Competitive Offers<\/span><\/li>\n<li><span style=\"color: #333333;\">Closed Well Above List Price<\/span><\/li>\n<li><span style=\"color: #333333;\">Orlando, Florida MSA Self Storage Facility<\/span><\/li>\n<li><span style=\"color: #333333;\">Great Visibility &amp; Street Frontage<\/span><\/li>\n<li><span style=\"color: #333333;\">High Daily Traffic Counts: 32,500 Cars\/Day off U.S. Route 441<\/span><\/li>\n<li><span style=\"color: #333333;\">Dense and Growing Surrounding Population &#8211; 66% Increase Since 2000<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #333333;\">Property: Litchfield Park Development Site<\/span><br \/>\n<span style=\"color: #333333;\">Closing Price: $2.2 Million<\/span><br \/>\n<span style=\"color: #333333;\">Location: Phoenix, AZ<\/span><br \/>\n<span style=\"color: #333333;\">Broker and Brokerage: Brandon Karr and Danny Cunninghamof the Karr-Cunningham Group of Marcus &amp; Millichap<\/span><br \/>\n<span style=\"color: #333333;\">Acreage: 5.45<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Property: CubeSmart Self Storage (Managed) Location: Fort Myers, FL Brokers and Brokerage: Jonathan Fawley, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus &amp; Millichap NRSF: 76,100 Unit Count: 803 Climate Controlled Units Acreage: 1.96 Highlights: Brand New Class A All Climate Controlled Facility Located in the Heart of Fort Myers Strong Market Rents Great Street Visibility from MLK Boulevard Dense and Growing Surrounding Population: 116,190 People within in a Five Mile Radius, a 27% Increase Since the Year 2000 Property: Elite Motorcoach Storage Closing Price: $12.3 Million&hellip;<\/p>\n","protected":false},"author":7,"featured_media":2092,"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\/2080"}],"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=2080"}],"version-history":[{"count":6,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2080\/revisions"}],"predecessor-version":[{"id":2108,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2080\/revisions\/2108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2092"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}