{"id":7973,"date":"2024-12-17T15:09:55","date_gmt":"2024-12-17T15:09:55","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=7973"},"modified":"2025-01-08T10:47:23","modified_gmt":"2025-01-08T10:47:23","slug":"recent-transactions-12-10-2024-12-16-2024","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-transactions-12-10-2024-12-16-2024\/","title":{"rendered":"Recent Transactions: 12.10.2024 \u2013 12.16.2024"},"content":{"rendered":"


\nRecent self-storage transactions reflect strong investor demand across diverse markets, balancing development opportunities, stabilized assets, and value-add potential. High-growth markets like Sarasota and Fort Lauderdale, Florida, attract Class A developments, while niche assets such as Old South Self Storage on Nantucket Island and suburban facilities like My Garage Storage in Humble, Texas, demonstrate resilience with strong occupancy. Portfolio acquisitions, like the 8-property Memphis deal, highlight demand for regional scale, while secondary markets such as Janesville, Wisconsin, and Columbia, Missouri, offer expansion opportunities. Strategic locations, climate control, vehicle storage, and upgraded amenities continue to drive investment appeal, aligning with evolving consumer preferences and demographic growth.<\/span><\/span><\/span><\/p>\n

\"\"
\nProperty: <\/span><\/span><\/span>Class A S<\/span><\/span>elf-<\/span><\/span>S<\/span><\/span>torage <\/span><\/span>D<\/span><\/span>evelopment <\/span><\/span>S<\/span><\/span>ite
\n<\/span><\/span><\/span>Location: <\/span><\/span><\/span>Sarasota, FL
\n<\/span><\/span><\/span>Address: <\/span><\/span><\/span>2530 17th Street, Sarasota, FL<\/span><\/span><\/span>
\nBrokerage: <\/span><\/span><\/span>Argus Self Storage Advisor Affiliate \u2013 <\/span><\/span>Coastal Storage Group <\/span><\/span>(<\/span><\/span>formerly Weaver Realty Group<\/span><\/span>)
\n<\/span><\/span><\/span>Acreage: <\/span><\/span>+\/- 2.83 acre<\/span><\/span>s
\nGross Square Feet: <\/span><\/span><\/span>122,955 <\/span><\/span>(Climate-controlled self-storage building)<\/span><\/span><\/span><\/p>\n

 <\/p>\n


\nProperty: <\/span><\/span><\/span>Interstate Secure Storage
\n<\/span><\/span><\/span>Location: <\/span><\/span><\/span>Janesville, W<\/span><\/span>I
\n<\/span><\/span><\/span>Year <\/span><\/span>Built: 2015
\n<\/span><\/span><\/span>Closing Deal: <\/span><\/span>$2.3 <\/span><\/span>M<\/span><\/span>illion
\n<\/span><\/span><\/span>B<\/span><\/span>uyer: Hastings Property Group LLC
\n<\/span><\/span><\/span>Broker and Brokerage: <\/span><\/span><\/span>Dan Bowar of Marcus & Millichap
\n<\/span><\/span><\/span>NRSF: <\/span><\/span><\/span>44,250
\n<\/span><\/span><\/span>Unit Count: <\/span><\/span><\/span>233 unit<\/span><\/span>s
\n<\/span><\/span><\/span>Highlights:
\n<\/span><\/span><\/span><\/p>\n