{"id":2293,"date":"2022-07-05T16:13:02","date_gmt":"2022-07-05T16:13:02","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=2293"},"modified":"2022-07-05T16:27:48","modified_gmt":"2022-07-05T16:27:48","slug":"recent-closings-6-28-2022-7-4-2022","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-6-28-2022-7-4-2022\/","title":{"rendered":"Recent Closings: 6.28.2022 \u2013 7.4.2022"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><\/p>\n<header>\n<div>\n<header><\/header>\n<header><\/header>\n<header>Property: U-Storage<\/header>\n<\/div>\n<div>\n<header>\n<div><span style=\"color: #333333;\">Closing Price: $4.45 Million<\/span><br \/>\n<span style=\"color: #333333;\">Location: Las Vegas, NV<\/span><br \/>\n<span style=\"color: #333333;\">Brokers and Brokerage: Nick Kornieck, Michael R. LaBar and Michael L. Shaffner of Marcus &amp; Millichap<\/span><\/div>\n<\/header>\n<div><span style=\"color: #333333;\">NRSF: 36,400<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 348<\/span><br \/>\n<span style=\"color: #333333;\">Acreage: 6.1<\/span><br \/>\n<span style=\"color: #333333;\">Cap Rate: 5.5%<\/span><\/div>\n<\/div>\n<div><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2294\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/07\/unnamed-41-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/span><\/div>\n<div><span style=\"color: #333333;\">Property: Extra Space Storage (Managed)<\/span><br \/>\n<span style=\"color: #333333;\">Location: Kansas City, MO<\/span><br \/>\n<span style=\"color: #333333;\">Brokers and Brokerage: George Kondracke, Brett Hatcher, Brian Kelly and Gabriel Coe of the Hatcher-Coe Group of Marcus &amp; Millichap<\/span><\/div>\n<\/header>\n<div><span style=\"color: #333333;\">NRSF: 117,390<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 951 Climate Controlled Units and 21 Parking Spaces<\/span><br \/>\n<span style=\"color: #333333;\">Room for Expansion: Yes<\/span><br \/>\n<span style=\"color: #333333;\">Highlights:<\/span><\/div>\n<ul>\n<li><span style=\"color: #333333;\">Newly Converted, Class A Self Storage Facility<\/span><\/li>\n<li><span style=\"color: #333333;\">High Daily Traffic Counts (Cars\/Day): NE Chouteau Trafficway: 7,200 | N Antioch Rd: 28,800<\/span><\/li>\n<li><span style=\"color: #333333;\">Dense Population: 138,905 People Living within Five Miles<\/span><\/li>\n<li><span style=\"color: #333333;\">Undersaturated Self Storage Market: 4.08 NRSF of Storage\/Capita within Three Miles; 5.87 NRSF of Storage\/Capita within Five Miles<\/span><\/li>\n<\/ul>\n<div><\/div>\n<header>Property: Denver, CO MSA Facility<\/header>\n<header>\n<header>\n<div><span style=\"color: #333333;\">Location: Aurora, CO<\/span><br \/>\n<span style=\"color: #333333;\">Buyer: SmartStop Self Storage REIT<\/span><\/div>\n<\/header>\n<div><span style=\"color: #333333;\">NRSF: 55,707<\/span><br \/>\n<span style=\"color: #333333;\">Year Built: 2018<\/span><\/div>\n<\/header>\n<p><span style=\"color: #333333;\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2295\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/07\/unnamed-37-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/span><\/p>\n<header>\n<div><span style=\"color: #333333;\">Property: The Base Group Temperature Controlled Storage<\/span><br \/>\n<span style=\"color: #333333;\">Location: Muncie, IN<\/span><br \/>\n<span style=\"color: #333333;\">Brokers and Brokerage: George Kondracke, Brett Hatcher, Brian Kelly and Gabriel Coe of the Hatcher-Coe Group of Marcus &amp; Millichap<\/span><\/div>\n<\/header>\n<div><span style=\"color: #333333;\">NRSF: 19,389<\/span><br \/>\n<span style=\"color: #333333;\">Unit Count: 116 Climate Controlled Units and One Warehouse<\/span><br \/>\n<span style=\"color: #333333;\">Physical Occupancy: 95%<\/span><br \/>\n<span style=\"color: #333333;\">Room for Expansion: 7,000 GSF<\/span><br \/>\n<span style=\"color: #333333;\">Year Built\/Updated: 1973\/2021<\/span><br \/>\n<span style=\"color: #333333;\">Highlights:<\/span><\/div>\n<ul>\n<li><span style=\"color: #333333;\">All Climate Controlled Self Storage Facility<\/span><\/li>\n<li><span style=\"color: #333333;\">Located Under a Mile From the Muncie Mall<\/span><\/li>\n<\/ul>\n<header>\n<div><span style=\"color: #333333;\">Properties: Two Newly Built Facilities<\/span><br \/>\n<span style=\"color: #333333;\">Location: Elizabeth and Perth Amboy, NJ<\/span><br \/>\n<span style=\"color: #333333;\">Buyer: Storage Post Self Storage<\/span><\/div>\n<\/header>\n<div>\n<p><span style=\"color: #333333;\">NRSF: 227,000<\/span><\/p>\n<\/div>\n<header>\n<div><span style=\"color: #333333;\">Property: DeYoung Mini Storage<\/span><br \/>\n<span style=\"color: #333333;\">Location: Eagle Grove, IA<\/span><br \/>\n<span style=\"color: #333333;\">Brokers and Brokerage: Kirk Martin of Lindsey Self Storage Group<\/span><\/div>\n<\/header>\n<div>\n<p><span style=\"color: #333333;\">NRSF: 21,372<\/span><\/p>\n<\/div>\n<div>Portfolio: Two-Property Moove In Self Storage Portfolio<br \/>\nClosing Price: $14.7 Million<br \/>\nLocation: Forks Township, PA<br \/>\nBrokerage: CBRE<\/p>\n<\/div>\n<div>Property: Lock N Leave Self-Storage<\/div>\n<div>\n<header><span style=\"color: #333333;\">Location: New Haven, MI<\/span><br \/>\n<span style=\"color: #333333;\">NRSF: 20,000<\/span><br \/>\n<span style=\"color: #333333;\">Acreage: 11.0<\/span><br \/>\n<span style=\"color: #333333;\">Room for Expansion: 100,000 GSF and 300 Outdoor Parking Spaces<\/span><\/header>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Property: U-Storage Closing Price: $4.45 Million Location: Las Vegas, NV Brokers and Brokerage: Nick Kornieck, Michael R. LaBar and Michael L. Shaffner of Marcus &amp; Millichap NRSF: 36,400 Unit Count: 348 Acreage: 6.1 Cap Rate: 5.5% Property: Extra Space Storage (Managed) Location: Kansas City, MO Brokers and Brokerage: George Kondracke, Brett Hatcher, Brian Kelly and Gabriel Coe of the Hatcher-Coe Group of Marcus &amp; Millichap NRSF: 117,390 Unit Count: 951 Climate Controlled Units and 21 Parking Spaces Room for Expansion: Yes Highlights: Newly Converted, Class A Self Storage Facility High&hellip;<\/p>\n","protected":false},"author":7,"featured_media":2294,"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\/2293"}],"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=2293"}],"version-history":[{"count":17,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2293\/revisions"}],"predecessor-version":[{"id":2312,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2293\/revisions\/2312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2294"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}