{"id":2485,"date":"2022-08-23T17:20:30","date_gmt":"2022-08-23T17:20:30","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=2485"},"modified":"2022-08-23T19:35:22","modified_gmt":"2022-08-23T19:35:22","slug":"recent-transactions-8-16-2022-8-23-2022","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-transactions-8-16-2022-8-23-2022\/","title":{"rendered":"Recent Transactions: 8.16.2022 &#8211; 8.23.2022"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-2487\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/11-property-self-storage-portfolio-SH-71-Austin-Email-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Portfolio: Self Storage Portfolio of 11 Properties<br \/>\nLocations: San Francisco, CA Bay Area, Portland, OR and Austin, TX<br \/>\nBrokers and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of JLL Capital Markets<br \/>\nSeller: Pegasus<br \/>\nBuyer: SecureSpace Self Storage<br \/>\nNRSF: 650,000<br \/>\nUnit Count: 6,550<\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-2493\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/1110-Brawley-School-Road_Mooresville_Extra-Space-Storage.jpg\" alt=\"\" width=\"460\" height=\"345\" \/><\/p>\n<p>Portfolio: Extra Space Managed Two-Property Portfolio<br \/>\nClosing Price: $23.6 Million<br \/>\nLocations: Salisbury and Mooresville, NC<br \/>\nBroker and Brokerage: Morgan Windbiel of CBRE\u2019s Self Storage Advisory Group<br \/>\nSeller: Lakeland Village<br \/>\nNRSF: 136,994<br \/>\nUnit Count: 1385<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2490\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/image005-546x365.jpg\" alt=\"\" width=\"546\" height=\"365\" \/><\/p>\n<p>Property: MAX Storage<br \/>\nClosing Price: $26.95 Million<br \/>\nLocation: Hurricane, UT<br \/>\nBroker and Brokerage: Jordan Farrer and Adam Schlosser of the LeClaire Schlosser of Marcus &amp; Millichap<br \/>\nAcreage: 22.0<br \/>\nUnit Count: 971<br \/>\nRoom for Expansion: Yes<br \/>\nYear Built: 2021<\/p>\n<p>Property: Tri-Village Self Storage<br \/>\nClosing Price: $5.9 Million<br \/>\nLocation: Georgetown, KY<br \/>\nBuyer: Storage Rentals of America (SROA)<br \/>\nNRSF: 46,094<\/p>\n<p>Portfolio: Store Your Stuff Two-Property Portfolio<br \/>\nClosing Price: $2.5 Million<br \/>\nLocations: Clay and Baldwinsville, NY<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 83,550<br \/>\nAcreage: 11.8<br \/>\nUnit Count: 748<\/p>\n<p>Property: Atlanta, GA MSA Self Storage Facility<br \/>\nClosing Price: $18.1 Million<br \/>\nLocation: Marietta, GA<br \/>\nBroker and Brokerage: Morgan Windbiel of CBRE<br \/>\nBuyer: KKR<br \/>\nSeller: StorMaster<br \/>\nNRSF: 73,300<br \/>\nAcreage: 4.0<br \/>\nYear Built: 1996<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2491\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-49-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Portfolio: Area Storage Outer Banks (OBX) Portfolio<br \/>\nLocation: Harbinger and Point Harbor, NC<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 116,615<br \/>\nUnit Count: 370 Climate Controlled Units and 415 Non-Climate Controlled Units Units<br \/>\nPhysical Occupancy: 95%<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Outer Banks, North Carolina Stabilized Two Property Self Storage Portfolio<\/li>\n<li>Very High Barriers to Entry<\/li>\n<li>Both Facilities Have Seen Incredible Rent Growth<\/li>\n<li>$106,607 Average Household Income of People Living within Five Miles of Each Facility<\/li>\n<li>Over 42% Five Mile Population Increase Since the Year 2000<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2488\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/72-Florida-Email-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Washington D.C. Facility<br \/>\nClosing Price: $46 Million<br \/>\nLocation: Washington, D.C.<br \/>\nBroker and Brokerage: Steve Mellon, Brian Somoza, Craig Childs, Bill Prutting and Jay Wellschlager of JLL Capital Markets<br \/>\nSeller: Fougler-Pratt<br \/>\nBuyer: Invesco Real Estate<br \/>\nUnit Count: 1,752<\/p>\n<p>Portfolio: Two Property Vasona Lake Storage Portfolio<br \/>\nLocation: Los Gatos, CA<br \/>\nBrokers and Brokerage: Jacob Becher of Colliers\u2019 de Jong Becher Self Storage Group<br \/>\nNRSF: 45,149<br \/>\nUnit Count: 778<\/p>\n<figure id=\"attachment_2492\" aria-describedby=\"caption-attachment-2492\" style=\"width: 500px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"size-medium wp-image-2492\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/StorageMart_Self_Storage_Facility_in_Nampa_Idaho-500x365.jpg\" alt=\"\" width=\"500\" height=\"365\" \/><figcaption id=\"caption-attachment-2492\" class=\"wp-caption-text\">StorageMart in Nampa, Idaho<\/figcaption><\/figure>\n<p>Property: Stor-All Self Storage<br \/>\nLocation: Nampa, ID<br \/>\nBuyer: StorageMart<br \/>\nNRSF: 128,293<br \/>\nUnit Count: 845<\/p>\n<p>Property: CubeSmart Self Storage (Managed)<br \/>\nLocation: Burleson, TX<br \/>\nBrokers and Brokerage: Zachary Urow, Scott Schoettlin and Bryce Josepher of SkyView Advisors<br \/>\nNRSF: 70,454<br \/>\nUnit Count: 663<br \/>\nPhysical Occupancy: 98%<br \/>\nYear Built: 2016<br \/>\nHighlights:<\/p>\n<ul>\n<li>Fully Enclosed Drive-Through Facility<\/li>\n<li>Population Density of 260,484 in a Five-Mile Radius<\/li>\n<li>Strong Annual Population Growth of 3.41 Percent in a One-Mile Radius<\/li>\n<li>Excellent Supply of 3.79 Net Rentable Square Feet per Capita in a Five-Mile Radius<\/li>\n<li>No New Future Developments in a Five-Mile Radius<\/li>\n<li>Consistent Traffic Counts of Over 41,000 Vehicles per Day Located Next to Kroger, Home Depot, Target and Walmart<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2489\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-54-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Portfolio: American Self Storage Two Property Portfolio<br \/>\nLocations: Kensington, Maryland and Alexandria, VA<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 282,596<br \/>\nUnit Count: 2,822<br \/>\nPhysical Occupancy: 98%<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Facilities Located in Two Tremendous Sub-Markets in Alexandria, VA &amp; Kensington, MD<\/li>\n<li>Excellent Locations and Street Frontage<\/li>\n<li>Dense Surrounding Populations: Average of 482,327 People Living within a Five-Mile Radius of Each Facility<\/li>\n<li>Affluent Markets: Average Household Income within One, Three and Five Miles Is Well Above the National Average at Each Facility<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2486\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-48-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Storage Etc. of Etna<br \/>\nLocation: Etna, OH<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 18,652<br \/>\nUnit Count: 127 Non-Climate Controlled Units, Three Climate Controlled Store Rooms and 26 Parking Spaces<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Columbus, Ohio MSA Self Storage Facility<\/li>\n<li>In Close Proximity to New Amazon Fulfillment Center<\/li>\n<li>Great Visibility along National Road South-West<\/li>\n<li>Affluent Market: Average Household Income of $106,715 of People Living within a Three-Mile Radius<\/li>\n<li>Dense Population: 40,551 People within Three Miles; 143,304 People within Five Miles<\/li>\n<li>Population Has Increased by Over 54% Since the Year 2000 within a Five Mile Radius<\/li>\n<li>High Daily Traffic Count: 15,500 Cars\/Day<\/li>\n<\/ul>\n<p>Property: A&amp;B Self Storage<br \/>\nLocation: Red Oak, TX<br \/>\nBrokers and Brokerage: Brandon Karr, Danny Cunningham and Bryan Quashcnick of the Karr-Cunningham Group of Marcus &amp; Millichap<br \/>\nNRSF: 31,850<br \/>\nUnit Count: 197<br \/>\nHighlights:<\/p>\n<ul>\n<li>Perimeter Fencing<\/li>\n<li>24\/7 Video Surveillance System<\/li>\n<li>Key-Pad Gated Entry and Exit<\/li>\n<li>LED Lighting<\/li>\n<li>Garage-Style Roll-Up Doors<\/li>\n<li>Concrete Driveways<\/li>\n<\/ul>\n<p>Property: Annex Storage &amp; U-Haul<br \/>\nLocation: Newnan, GA<br \/>\nBroker and Brokerage: Michael Morrison of Midcoast Properties<br \/>\nNRSF: 47,149<br \/>\nUnit Count: 360<br \/>\nAcreage: 5.74<br \/>\nOccupancy: 99%<br \/>\nRoom for Expansion: Yes<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Portfolio: Self Storage Portfolio of 11 Properties Locations: San Francisco, CA Bay Area, Portland, OR and Austin, TX Brokers and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of JLL Capital Markets Seller: Pegasus Buyer: SecureSpace Self Storage NRSF: 650,000 Unit Count: 6,550 Portfolio: Extra Space Managed Two-Property Portfolio Closing Price: $23.6 Million Locations: Salisbury and Mooresville, NC Broker and Brokerage: Morgan Windbiel of CBRE\u2019s Self Storage Advisory Group Seller: Lakeland Village NRSF: 136,994 Unit Count: 1385 Property: MAX Storage Closing Price: $26.95 Million Location: Hurricane, UT Broker&hellip;<\/p>\n","protected":false},"author":7,"featured_media":2493,"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\/2485"}],"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=2485"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2485\/revisions"}],"predecessor-version":[{"id":2498,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2485\/revisions\/2498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2493"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}