{"id":2508,"date":"2022-08-29T21:42:12","date_gmt":"2022-08-29T21:42:12","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=2508"},"modified":"2022-08-30T12:58:32","modified_gmt":"2022-08-30T12:58:32","slug":"recent-transactions-8-23-2022-8-29-2022","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-transactions-8-23-2022-8-29-2022\/","title":{"rendered":"Recent Transactions: 8.23.2022 &#8211; 8.29.2022"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\nPortfolio: Two Auburn Self Storage Facilities<br \/>\nClosing Price: $21 Million<br \/>\nLocation: Auburn, CA<br \/>\nBroker and Brokerage: Morgan Windbiel of CBRE<br \/>\nBuyer: Merit Hill Capital<br \/>\nUnit Count: 938<\/p>\n<p>Property: Weekender Storage<br \/>\nClosing Price: $8.9 Million<br \/>\nLocation: Woodland, WA<br \/>\nBroker and Brokerage: Christopher R. Secreto of Marcus &amp; Millichap<br \/>\nNRSF: 99,316<br \/>\nUnit Count: 245<br \/>\nOccupancy: 99%<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2522\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/500-n-haverhill-road-haverhill_750xx2137-1202-397-0-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Properties: Two Self Storage Facilities<br \/>\nClosing Price: $32.5 Million<br \/>\nLocation: Palm Beach County, FL<br \/>\nBuyer: State Storage Group<\/p>\n<p>Property: Snohomish, WA Self Storage Facility<br \/>\nClosing Price: $24.5 Million<br \/>\nLocation: Snohomish, WA<br \/>\nBuyer: Cairn West<br \/>\nNRSF: 104,672<\/p>\n<p>Portfolio: Two Self Storage Facilities in New York City<br \/>\nLocation: New York, NY<br \/>\nBrokers and Brokerage: Noah Obuchowski, Mike Mele, Robert Bloch, and Luke Elliott of Cushman &amp; Wakefield<br \/>\nBuyer: Invesco Real Estate in Partnership with Baranof Holding<br \/>\nSeller: Kickpoint Ventures<br \/>\nNRSF: 111,611<br \/>\nUnit Count: 2,651<br \/>\nHighlights:<\/p>\n<ul>\n<li>Located the Heart of the Brooklyn and Queens Boroughs<\/li>\n<li>Convenient Highway and Subway Access<\/li>\n<li>High-Volume Foot Traffic<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2510\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-56-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Portfolio: First USA Storage Four-Property Portfolio<br \/>\nLocations: Asheville and Charlotte, NC MSAs<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 138,894<br \/>\nUnit Count: 1,140<br \/>\nPhysical Occupancy: 93%<br \/>\nRoom for Expansion: Yes<br \/>\nHighlights:<\/p>\n<ul>\n<li>Conversion Opportunity at Asheville Location<\/li>\n<li>State of the Art NOKE Access Control\/Gate Systems Installed at all Four Locations<\/li>\n<li>Excellent Locations and Street Frontage<\/li>\n<li>High Daily Traffic Counts at All Four Locations<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2512\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-58-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Portfolio: Alpine Storage Three Property Portfolio<br \/>\nLocations: Boynton Beach, Haverhill and Lake Worth, FL<br \/>\nBrokers and Brokerage: Meir Perlmuter, Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 171,851<br \/>\nUnit Count: 1,946<br \/>\nHighlights:<\/p>\n<ul>\n<li>West Palm Beach MSA Three Property Self Storage Portfolio<\/li>\n<li>Climate Controlled and Non-Climate Controlled Units<\/li>\n<li>Three Two Bedroom Manager Apartments on Site at the Haverhill Location<\/li>\n<li>All Three Locations Have Extremely Dense and Growing Surrounding Populations<\/li>\n<li>Excellent Locations and Street Frontage<\/li>\n<li>High Daily Traffic Counts: Haverhill: 21,500 Cars\/Day | Lake Worth: 43,500 Cars\/Day | Boynton Beach: 230,000 Cars\/Day<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2513\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-3-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Trojan Self Storage<br \/>\nLocation: Troy, TX<br \/>\nBrokers and Brokerage: Brandon Karr, Danny Cunningham and Bryan Quashcnick of the Karr-Cunningham Group of Marcus &amp; Millichap<br \/>\nNRSF: 87,480<br \/>\nUnit Count: 580<br \/>\nHighlights:<\/p>\n<ul>\n<li>Perimeter Fencing &amp; Lighting<\/li>\n<li>24\/7 Video Surveillance System<\/li>\n<li>Covered Parking<\/li>\n<li>Key-Pad Gated Entry and Exit<\/li>\n<li>Wide Driveways<\/li>\n<li>Garage-Style Roll Up Doors<\/li>\n<li>On-Site Manager&#8217;s Office<\/li>\n<li>Self-Serve Car Wash<\/li>\n<\/ul>\n<p>Property: Betta Stor-It<br \/>\nLocation: Mobile, AL MSA<br \/>\nBroker and Brokerage: Kyle Baptist and Scott Schoettlin of SkyView Advisors<br \/>\nNRSF: 54,100<br \/>\nUnit Count: 380<br \/>\nPhysical Occupancy: 95%<br \/>\nHighlights:<\/p>\n<ul>\n<li>Fully-Automated New Kiosk System Will Give Buyers the Ability to Improve Staffing Efficiency<\/li>\n<li>Opportunity to Increase Rental Rates by 27% to Reach Market Levels<\/li>\n<li>High Visibility and Consistent Traffic Counts of Over 84,000 Vehicles per Day Along I-65<\/li>\n<li>Billboard on Property Adds Another Consistent Revenue Stream<\/li>\n<li>The Facility&#8217;s Established Presence with a Robust Tenant Base Will Ensure Success in the Current and Future Marketplace<\/li>\n<\/ul>\n<p>Property: National Storage Centers<br \/>\nLocation: Windsor, CA<br \/>\nBroker and Brokerage: Jay Allen of Performance Self Storage Group<br \/>\nUnit Count: 489<br \/>\nPhysical Occupancy: 95%<\/p>\n<p>Property: Taylor\u2019s Linden Mini Storage<br \/>\nLocation: Hurricane, UT<br \/>\nBroker and Brokerage: Hal H. Tanner of Midcoast Properties<br \/>\nNRSF: 35,352<br \/>\nAcreage: 10.4<br \/>\nOccupancy: 100%<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-2509\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-55.png\" alt=\"\" width=\"649\" height=\"366\" \/><\/p>\n<p>Property: CubeSmart Self Storage (Managed)<br \/>\nLocation: Oak Creek, WI<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Brian Kelly of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 64,725<br \/>\nUnit Count: 397 Climate Controlled and 114 Non-Climate Controlled<br \/>\nYear Built: 2020<br \/>\nHighlights:<\/p>\n<ul>\n<li>Brand New, Class A Self Storage Facility<\/li>\n<li>Excellent Location and Street Frontage<\/li>\n<li>Located 12 Miles from Downtown Milwaukee<\/li>\n<li>Affluent Market<\/li>\n<li>Dense and Growing Surrounding Population: 132,948 People within a Five-Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-2511\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2022\/08\/unnamed-57-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Chattanooga Highway 58 Self Storage<br \/>\nLocation: Chattanooga, TN<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus &amp; Millichap<br \/>\nNRSF: 23,720<br \/>\nUnit Count: 16 Climate Controlled, 147 Non-Climate Controlled Units, Four Office Spaces and Ten Parking Spaces<br \/>\nPhysical Occupancy: 94%<br \/>\nHighlights:<\/p>\n<ul>\n<li>Excellent Location and Street Frontage Off Highway 58<\/li>\n<li>High Daily Traffic Counts: 41,000 Cars\/Day<\/li>\n<li>Dense and Growing Surrounding Population: 79,390 People within a Five Mile Radius &#8211; Represents a 13% Increase Since 2000<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Portfolio: Two Auburn Self Storage Facilities Closing Price: $21 Million Location: Auburn, CA Broker and Brokerage: Morgan Windbiel of CBRE Buyer: Merit Hill Capital Unit Count: 938 Property: Weekender Storage Closing Price: $8.9 Million Location: Woodland, WA Broker and Brokerage: Christopher R. Secreto of Marcus &amp; Millichap NRSF: 99,316 Unit Count: 245 Occupancy: 99% Properties: Two Self Storage Facilities Closing Price: $32.5 Million Location: Palm Beach County, FL Buyer: State Storage Group Property: Snohomish, WA Self Storage Facility Closing Price: $24.5 Million Location: Snohomish, WA Buyer: Cairn West NRSF: 104,672&hellip;<\/p>\n","protected":false},"author":7,"featured_media":2512,"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\/2508"}],"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=2508"}],"version-history":[{"count":4,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2508\/revisions"}],"predecessor-version":[{"id":2523,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2508\/revisions\/2523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2512"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}