{"id":7512,"date":"2024-10-21T09:55:30","date_gmt":"2024-10-21T09:55:30","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=7512"},"modified":"2024-11-04T13:07:58","modified_gmt":"2024-11-04T13:07:58","slug":"recent-transactions-10-15-2024-10-21-2024","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-transactions-10-15-2024-10-21-2024\/","title":{"rendered":"Recent Transactions: 10.15.2024 \u2013 10.21.2024"},"content":{"rendered":"


\nThe self-storage transactions from October 15-21 highlight diverse market dynamics, with buyers targeting regions offering unique advantages. The deals in Glenmont and Corning, New York reflect demand in smaller, less saturated Northeast markets where stable local needs make properties appealing. In Dallas, Texas, the acquisition of Absolute Self Storage, underscores the city\u2019s growth, driven by a strong economy and expanding population. Meanwhile, the sale of a five-property portfolio in Michigan and Wisconsin totaling 73,358 square feet at $3.9 million highlights the attractiveness of the Midwest, where lower acquisition costs and steady demand create growth opportunities. These deals illustrate the broad-based interest in self-storage across varying market landscapes.<\/span><\/span><\/span><\/p>\n

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\nProperty: <\/span><\/span><\/span>Storage Express
\nLocation: Glenmont, NY
\n<\/span><\/span><\/span>Address: <\/span><\/span><\/span>721 River Rd, Glenmont, NY 12077
\n<\/span><\/span><\/span>Brokers and Brokerage: <\/span><\/span><\/span>Frank DeSalvo & David Perlleshi at Franklin Street, <\/span><\/span>i<\/span><\/span>n <\/span><\/span>a<\/span><\/span>ssociation with Scott Reid & ParaSell, Inc. <\/span><\/span>(<\/span><\/span>P: 949.942.6578 – A Licensed New York Broker #10991231395<\/span><\/span>)
\n<\/span><\/span><\/span>Acreage: 8 acres
\n<\/span><\/span><\/span>NRSF: <\/span><\/span><\/span>32,871
\n<\/span><\/span><\/span>Seller Testimonial: \u201cFrank and David have facilitated transactions for several of our self-storage facilities nationwide. Their extensive industry knowledge, paired with years of expertise, highlights why we continue to choose to work with their team at Franklin Street. Their network of buyers is unparalleled and they consistently deliver unmatched results for their clients.\u201d<\/span><\/span><\/span><\/p>\n

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\nProperty: <\/span><\/span><\/span>All Purpose Storage
\n<\/span><\/span><\/span>Location: Corning, NY
\nAddress: <\/span><\/span><\/span>380 Park Ave, Corning, NY 14830
\n<\/span><\/span><\/span>Brokers and Brokerage: <\/span><\/span><\/span>Frank DeSalvo & David Perlleshi at Franklin Street, <\/span><\/span>i<\/span><\/span>n <\/span><\/span>a<\/span><\/span>ssociation with Scott Reid & ParaSell, Inc. <\/span><\/span>(<\/span><\/span>P: 949.942.6578 – A Licensed New York Broker #10991231395<\/span><\/span>)
\n<\/span><\/span><\/span>NRSF: 39,400
\nSeller Testimonial: <\/span><\/span><\/span>\u201cFrank and David have facilitated transactions for several of our self-storage facilities nationwide. Their extensive industry knowledge, paired with years of expertise, highlights why we continue to choose to work with their team at Franklin Street. Their network of buyers is unparalleled and they consistently deliver unmatched results for their clients.\u201d<\/span><\/span><\/span><\/p>\n

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\nProperty: <\/span><\/span><\/span>Absolute Self Storage
\n<\/span><\/span><\/span>Location: <\/span><\/span><\/span>Dallas, T<\/span><\/span>X
\n<\/span><\/span><\/span>Year Built \/ Renovated: 1<\/span><\/span>979 \/ 2018
\n<\/span><\/span><\/span>Brokers and Brokerage: <\/span><\/span><\/span>Dave Knobler and Charles “Chico” LeClaire <\/span><\/span>of <\/span><\/span>The LeClaire-Schlosser Group of Marcus & Millichap
\n<\/span><\/span><\/span>Acreage: 2.57 acres
\n<\/span><\/span><\/span>Square Feet: <\/span><\/span><\/span>34,980
\n<\/span><\/span><\/span>Unit Count: <\/span><\/span><\/span>285 non-climate <\/span><\/span>units plus<\/span><\/span> 52 outdoor parking spots
\nHighlights:<\/span><\/span><\/span><\/p>\n