{"id":8651,"date":"2025-03-25T10:59:49","date_gmt":"2025-03-25T10:59:49","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=8651"},"modified":"2025-04-07T11:32:55","modified_gmt":"2025-04-07T11:32:55","slug":"recent-self-storage-transactions-03-18-2025-03-24-2025","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-self-storage-transactions-03-18-2025-03-24-2025\/","title":{"rendered":"Recent Self-Storage Transactions: 03.18.2025 \u2013 03.24.2025"},"content":{"rendered":"


\nRecent self-storage transactions reflect continued investor activity across a range of market conditions. While markets like Cheyenne (WY), Albany (GA), and Houston (TX) are all highly saturated – with supply ranging from 11 sf to 22 sf per capita – investors remain focused on localized demand drivers. Houston and Cheyenne benefit from larger populations, while demand in Albany is fueled by business use linked to various industries housed in the region and its role as a commercial hub in Southwest Georgia. In contrast, markets like Providence (RI) offer a compelling low-supply environment, with just 3 sf\/capita, making it especially attractive from a long-term growth perspective. Collectively, these deals reflect market-specific strategies, ranging from targeting stabilized assets in saturated metros to pursuing growth opportunities in undersupplied areas.<\/span><\/span><\/span><\/p>\n

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\nPortfolio: <\/span><\/span><\/span>5-Property Self-Storage Portfolio
\n<\/span><\/span><\/span>Locations: Houston, Texas, and Providence, Rhode Island MSA\u2019s
\n<\/span><\/span><\/span>Address 1: 2919 S Hwy 146, Bacliff, Texas
\n<\/span><\/span><\/span>Address 2: 12610 Tanner Rd., Houston, Texas
\n<\/span><\/span><\/span>Address 3: 4100 West 34th<\/sup>, Houston, Texas
\n<\/span><\/span><\/span>Address 4: 3346 Pawtucket Ave., East Providence, Rhode Island
\n<\/span><\/span><\/span>Address 5: 1115 Main St., Hope Valley, Rhode Island
\n<\/span><\/span><\/span>Seller: Madison Capital Group and affiliates of Cerberus Capital Management
\n<\/span><\/span><\/span>Brokers and Brokerage: Matthew Wheeler, Adam Roossien, Brian Somoza and Steve Mellon of JLL Capital Markets
\n<\/span><\/span><\/span>Unit Count: 2,327 units (mix of climate-controlled and non-climate-controlled units, on-site security and RV and boat storage at select properties)
\n<\/span><\/span><\/span>Year Completed: Between 1998 and 2014
\n<\/span><\/span><\/span>Square Feet: 340,000
\nHighlights:<\/span><\/span><\/span><\/p>\n