{"id":2456,"date":"2022-08-15T16:02:53","date_gmt":"2022-08-15T16:02:53","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=2456"},"modified":"2022-08-15T19:08:00","modified_gmt":"2022-08-15T19:08:00","slug":"recent-transactions-8-9-2022-8-15-2022","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-transactions-8-9-2022-8-15-2022\/","title":{"rendered":"Recent Transactions: 8.9.2022 \u2013 8.15.2022"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\nProperty: U-Haul<br \/>\nClosing Price: $18 Million<br \/>\nLocation: East Wenatchee, WA<br \/>\nBroker and Brokerage: Christopher Secreto of Marcus &amp; Millichap<\/p>\n<p>Property: KO Storage<br \/>\nClosing Price: $4.39 Million<br \/>\nLocation: Rochester, MN<br \/>\nBuyer: Storage Rentals of America<br \/>\nSeller: KO Storage<br \/>\nNRSF: 52,500<br \/>\nUnit Count: 332<\/p>\n<p>Property: KO Storage<br \/>\nClosing Price: $2.1 Million<br \/>\nLocation: Austin, TX<br \/>\nBuyer: Storage Rentals of America<br \/>\nSeller: KO Storage<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2457\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/image002-6-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: U-Stor-It<br \/>\nLocation: Crete, IL<br \/>\nBrokers and Brokerage: Jeffrey L. Herrmann and Sean M. Delaney of Marcus &amp; Millichap<br \/>\nNRSF: 30,860<br \/>\nRoom for Expansion: Yes, 34,000 NRSF<br \/>\nOccupancy: 91%<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2470\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/image006-3-534x365.jpg\" alt=\"\" width=\"534\" height=\"365\" \/><\/p>\n<p>Property: Prime Storage<br \/>\nClosing Price: $18 Million<br \/>\nLocation: East Wenatchee, WA<br \/>\nBroker and Brokerage: Dave Knobler and Charles &#8220;Chico&#8221; LeClaire of the LeClaire Schlosser of Marcus &amp; Millichap<br \/>\nNRSF: 189,088<br \/>\nUnit Count: 1,326<br \/>\nYear Built\/Expanded: 2002\/2017<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-2469\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-53.png\" alt=\"\" width=\"600\" height=\"350\" \/><\/p>\n<p>Property: Create Space Storage<br \/>\nLocation: Amarillo, TX<br \/>\nBrokers and Brokerage: Cameron Vale, Parker Sweet and Josh Cato of Berkshire Hathaway<br \/>\nNRSF: 31,912<br \/>\nUnit Count: 278<\/p>\n<p>Property: Starpar Storage<br \/>\nLocation: Sebring, FL<br \/>\nBuyer: U-Haul<br \/>\nUnit Count: 575<br \/>\nAcreage: 13.0<\/p>\n<p>Property: Crooked Creek Boat &amp; RV Storage<br \/>\nLocation: West Union, SC<br \/>\nBroker and Brokerage: Michael Morrison of Midcoast Properties<br \/>\nAcreage: 10.36<br \/>\nRoom for Expansion: Yes<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2458\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-52-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: BuxBear Storage<br \/>\nLocation: Colorado Springs, CO<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap and Adam Schlosser of the LeClaire Schlosser Group of Marcus &amp; Millichap<br \/>\nNRSF: 111,360<br \/>\nUnit Count: 139 Non-Climate Controlled and 466 Climate Controlled Units<br \/>\nYear Built: 2020<br \/>\nHighlights:<\/p>\n<ul>\n<li>Went Under Contract in Ten Days<\/li>\n<li>Newly Built, Class-A Self Storage Facility<\/li>\n<li>Self Service Kiosks<\/li>\n<li>On-Site Live-In Professional Management Office<\/li>\n<li>Excellent Visibility and Street Frontage<\/li>\n<li>Convenient Location and Easily Accessible &#8211; Nearby U.S. Route 24<\/li>\n<li>High Daily Traffic Counts: 34,000 Cars\/Day<\/li>\n<li>Dense and Growing Surrounding Population: 197,818 People within a Five Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-2459\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-46.jpg\" alt=\"\" width=\"621\" height=\"349\" srcset=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-46.jpg 621w, https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-46-500x280.jpg 500w\" sizes=\"(max-width: 621px) 100vw, 621px\" \/><\/p>\n<p>Property: Sunset Self Storage<br \/>\nLocation: Winton, CA<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 48,850<br \/>\nUnit Count: 359 Non-Climate Controlled Units and Four Parking Spaces<br \/>\nPhysical Occupancy: 98%<br \/>\nHighlights:<\/p>\n<ul>\n<li>Excellent Location and Street Frontage<\/li>\n<li>High Daily Traffic Counts: 11,400 Cars\/Day<\/li>\n<li>Growing Surrounding Population &#8211; 35% Population Increase within Five Miles of the Facility Since 2000<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2460\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/image002-7-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Crawford Street Storage<br \/>\nLocation: Salina, KS<br \/>\nBrokers and Brokerage: Robert Cook and Sean M. Delaney of Marcus &amp; Millichap<br \/>\nNRSF: 11,250<br \/>\nRoom for Expansion: Yes, 34,440 NRSF<br \/>\nOccupancy: 93%<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2461\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/image002-8-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Interstate Storage<br \/>\nLocation: Kansas City, KS<br \/>\nBrokers and Brokerage: Robert Cook and Sean M. Delaney of Marcus &amp; Millichap<br \/>\nNRSF: 13,432<br \/>\nUnit Count: 115 Non-Climate Controlled Units<br \/>\nRoom for Expansion: Yes<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-2462 size-full\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-2-e1660578888903.png\" alt=\"\" width=\"478\" height=\"268\" \/><\/p>\n<p>Property: CubeSmart Self Storage (Managed)<br \/>\nLocation: Charlotte, NC<br \/>\nBrokers and Brokerage: Zachary Urow, Scott Schoettlin and Bryce Josepher of SkyView Advisors<br \/>\nNRSF: 72,725<br \/>\nUnit Count: 6600<br \/>\nAcreage: 7.37<br \/>\nRoom for Expansion: Yes<\/p>\n<ul>\n<li>Highlights: New Owner Has a Prime Opportunity to Lease-Up a Brand-New Class-A Facility in a Low Supply Market<\/li>\n<li>Ability to Increase Rates by 16.5% to Reach Market Levels Upon Stabilization<\/li>\n<li>Robust Economic Lease-Up of 25% in the Past 10 Months<\/li>\n<li>Facility Is Ideally Situated Along Two Major Roadways Yielding 70,000 Vehicles per Day<\/li>\n<li>Above Average Median Household Income of $95,000 in the Immediate Trade Area<\/li>\n<li>High Population Growth Rate of 2.33%<\/li>\n<li>Benefits from Close Proximity to High-Traffic Retailers and Limited Competition within Three Miles<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2463\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Store It All Self Storage<br \/>\nLocation: Oklahoma City, OK<br \/>\nBrokers and Brokerage: Brandon Karr, Danny Cunningham and Bryan Quaschnick of the Karr Cunningham Group of Marcus &amp; Millichap<br \/>\nNRSF: 118,615<br \/>\nUnit Count: 479<br \/>\nHighlights:<\/p>\n<ul>\n<li>Perimeter Fencing and Lighting<\/li>\n<li>24\/7 Video Surveillance System<\/li>\n<li>Personalized Key-Pad Gated Entry and Exit<\/li>\n<li>Wide Concrete Driveways<\/li>\n<li>Garage-Style Roll Up Doors<\/li>\n<li>Professional Leasing Office<\/li>\n<\/ul>\n<p>Property: Certificate of Occupancy Facility<br \/>\nLocation: Tempe, AZ<br \/>\nBroker and Brokerage: Norm Herd of Quantum Property Advisors<br \/>\nBuyer: Wentworth Property Company<br \/>\nSeller: WDP\/Kitchell<br \/>\nNRSF: 80,059<br \/>\nUnit Count: 793<\/p>\n<p>Portfolio: Two-Property Portfolio<br \/>\nLocations: Lady Lake and Wildwood, FL<br \/>\nBuyer: Strategic Storage Growth Trust III, Inc.<br \/>\nNRSF: 187,400<br \/>\nUnit Count: 1,760 Units and 120 RV and Boat Spaces<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property: U-Haul Closing Price: $18 Million Location: East Wenatchee, WA Broker and Brokerage: Christopher Secreto of Marcus &amp; Millichap Property: KO Storage Closing Price: $4.39 Million Location: Rochester, MN Buyer: Storage Rentals of America Seller: KO Storage NRSF: 52,500 Unit Count: 332 Property: KO Storage Closing Price: $2.1 Million Location: Austin, TX Buyer: Storage Rentals of America Seller: KO Storage Property: U-Stor-It Location: Crete, IL Brokers and Brokerage: Jeffrey L. Herrmann and Sean M. Delaney of Marcus &amp; Millichap NRSF: 30,860 Room for Expansion: Yes, 34,000 NRSF Occupancy: 91% Property:&hellip;<\/p>\n","protected":false},"author":7,"featured_media":2463,"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\/2456"}],"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=2456"}],"version-history":[{"count":5,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2456\/revisions"}],"predecessor-version":[{"id":2475,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2456\/revisions\/2475"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2463"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}