{"id":2147,"date":"2022-05-31T13:14:09","date_gmt":"2022-05-31T13:14:09","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=2147"},"modified":"2022-05-31T14:41:58","modified_gmt":"2022-05-31T14:41:58","slug":"recent-closings-5-24-2022-5-30-2022","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-5-24-2022-5-30-2022\/","title":{"rendered":"Recent Closings: 5.24.2022 \u2013 5.30.2022"},"content":{"rendered":"

<\/p>\n

\n
\"\"<\/div>\n
Property: Public Storage (Managed)<\/span>
\nLocation: Birmingham, AL<\/span>
\nBroker and Brokerage: Ashley Compton of Colliers Self Storage Group<\/span><\/div>\n<\/header>\n
\n

NRSF: 102,292<\/span>
\nUnit Count: 834<\/span>
\nAcreage: 8.82<\/span><\/p>\n

\n
Properties: Two Development Sites<\/span>
\nClosing Price: $4.9 Million<\/span>
\nLocation: Winston-Salem, NC<\/span>
\nBuyer: SROA<\/span><\/div>\n<\/header>\n
\n

Acreage: 5.2<\/span><\/p>\n<\/div>\n

\n
Property: Storage and Retail Property<\/span>
\nClosing Price: $3.9 Million<\/span>
\nLocation: Frederick, VA<\/span>
\nBuyer: Frederick Pike Holdings, LLC.<\/span>
\nBroker and Brokerage: Jamie A. Scully of Cushman & Wakefield<\/span><\/div>\n<\/header>\n
\n

NRSF: 27,000 (Storage) and 21,322 (Retail)<\/span><\/p>\n<\/div>\n

\n
Property: My Space Indoor Storage and Retail<\/span>
\nLocation: South Bend, IN<\/span>
\nBrokers and Brokerage: Hunter Sells, Scott Schoettlin and Bryce Josepher of SkyView Advisors<\/span><\/div>\n<\/header>\n
\n

NRSF: 84,294<\/span>
\nUnit Count: 380<\/span>
\nAcreage: 8.82<\/span>
\nHighlights:<\/span><\/p>\n

    \n
  • 39,994 NRSF of Storage and 44,300 NRSF of Retail Space Across Six Retail Boxes for a Total of 84,294 NRSF<\/span><\/li>\n
  • Strong Lease-Up Velocity of 30 Percent in the Past 12 Months<\/span><\/li>\n
  • Opportunity to Offer Non-Climate Controlled Units with the Implementation of Drive-Up Storage<\/span><\/li>\n
  • Room to Lease-Up Two Remaining Retail Units Included in the Sale<\/span><\/li>\n
  • Low Market Supply of 4.72 NRSF Per Capita in a Five-Mile Radius, Justifying the Benefits of Expansion and Ability to Attain Market Dominance<\/span><\/li>\n
  • No New Facilities Planned or Under Construction in Five Miles<\/span><\/li>\n
  • Very Few Climate Controlled Competitors in a Five-Mile Radius<\/span><\/li>\n<\/ul>\n
    \n
    \n
    \n
    \"\"<\/span><\/div>\n
    Portfolio: Discount Storage Portfolio of Eight Properties<\/span>
    \nLocation: Eastern Texas<\/span>
    \nBrokerage: Storage Exchange<\/span><\/div>\n<\/header>\n
    \n

    NRSF: 141,366<\/span><\/p>\n

    \n
    \"\"<\/span><\/div>\n
    Property: Providence, RI MSA Self Storage Facility<\/span>
    \nLocation: Providence, RI<\/span>
    \nBrokers and Brokerage: Nathan Coe, Brett Hatcher, Luke Dawley and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
    \n

    NRSF: 28,150<\/span>
    \nUnit Count: 303<\/span>
    \nRoom for Expansion: Yes<\/span>
    \nHighlights:<\/span><\/p>\n

      \n
    • Stabilized Self Storage Facility<\/span><\/li>\n
    • Below Market Rents<\/span><\/li>\n
    • Affluent Market: $111,132 Average Household Income of People Living within a One-Mile Radius<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n
      Portfolio: Stow Away Storage Portfolio of Three Properties<\/span>
      \nLocations: Irmo and Chapin, SC<\/span>
      \nBrokers and Brokerage: Michael Morrison of Midcoast Properties<\/span><\/div>\n<\/header>\n
      \n

      NRSF: 174,000<\/span>
      \nHighlights:<\/span><\/p>\n

        \n
      • Perimeter Fencing<\/span><\/li>\n
      • Security Cameras, Lighting and Electronic Gates with Keypad Entry<\/span><\/li>\n<\/ul>\n
        \n
        \"\"<\/span><\/div>\n
        Portfolio: Storage Solutions Portfolio of Three Properties<\/span>
        \nLocations: Hopkinsville, KY and Greenbrier and Springfield, TN<\/span>
        \nBrokers and Brokerage: Andy Beeckman and Anne Williams-Blackwell Marcus & Millichap<\/span><\/div>\n<\/header>\n
        \n

        NRSF: 55,600<\/span>
        \nUnit Count: 424<\/span><\/p>\n

        \n
        Property: Starpoint Self Storage & Business Park<\/span>
        \nLocation: Mesquite, TX<\/span>
        \nBrokers and Brokerage: Brandon Karr of Marcus & Millichap<\/span><\/div>\n<\/header>\n
        \n

        NRSF: 70,590<\/span>
        \nUnit Count: 327<\/span><\/p>\n

        \n
        Portfolio: Three Charlotte, NC Properties<\/span>
        \nLocation: Charlotte, NC<\/span>
        \nBuyer: Canvass Capital, LLC. and Barings<\/span><\/div>\n<\/header>\n
        \n

        NRSF: 163,000<\/span>
        \nAcreage: 16<\/span>
        \nUnit Count: 1,129<\/span><\/p>\n

        \n
        \n
        \n
        \"\"<\/span><\/div>\n
        Property: All Seasons Storage<\/span>
        \nLocation: Chattanooga, TN<\/span>
        \nBrokers and Brokerage: Anne Williams-Blackwell of Marcus & Millichap<\/span>
        \nNRSF: 48,275<\/span>
        \nAcreage: 3.8<\/span><\/div>\n<\/header>\n
        \n

        Unit Count: 323<\/span>
        \nYear Built: 1998<\/span><\/p>\n<\/div>\n<\/div>\n

        Portfolio: Development Site<\/span>
        \nLocation: Hilton Head, SC<\/span>
        \nBuyer: Canvass Capital, LLC. and Barings<\/span><\/div>\n<\/header>\n
        \n

        NRSF: 150,000<\/span>
        \nAcreage: 3.82<\/span>
        \nUnit Count: 1,231<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

        Property: Public Storage (Managed) Location: Birmingham, AL Broker and Brokerage: Ashley Compton of Colliers Self Storage Group NRSF: 102,292 Unit Count: 834 Acreage: 8.82 Properties: Two Development Sites Closing Price: $4.9 Million Location: Winston-Salem, NC Buyer: SROA Acreage: 5.2 Property: Storage and Retail Property Closing Price: $3.9 Million Location: Frederick, VA Buyer: Frederick Pike Holdings, LLC. Broker and Brokerage: Jamie A. Scully of Cushman & Wakefield NRSF: 27,000 (Storage) and 21,322 (Retail) Property: My Space Indoor Storage and Retail Location: South Bend, IN Brokers and Brokerage: Hunter Sells, Scott Schoettlin…<\/p>\n","protected":false},"author":7,"featured_media":2148,"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\/2147"}],"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=2147"}],"version-history":[{"count":6,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2147\/revisions"}],"predecessor-version":[{"id":2163,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2147\/revisions\/2163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2148"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}