{"id":992,"date":"2021-08-10T15:40:27","date_gmt":"2021-08-10T15:40:27","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=992"},"modified":"2021-08-10T15:40:27","modified_gmt":"2021-08-10T15:40:27","slug":"recent-closings-8-3-2021-8-9-2021","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-8-3-2021-8-9-2021\/","title":{"rendered":"Recent Closings: 8.3.2021 &#8211; 8.9.2021"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"alignnone size-medium wp-image-994\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/CubeSmart-Irving-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: CubeSmart Self Storage (Third Party Managed)<br \/>\nLocation: Irving, TX<br \/>\nBrokers and Brokerage: Bill Bellomy and Michael Johnson of Bellomy &amp; Co.<br \/>\nNRSF: 66,698<br \/>\nUnits: 609<br \/>\nHighlights:<\/p>\n<ul>\n<li>Stabilized Class-A Facility<\/li>\n<li>97% Physically Occupied<\/li>\n<li>14 Miles from Dallas, TX<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-993\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-20-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Boyle Street Self Storage<br \/>\nLocation: Akron, OH<br \/>\nBrokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 25,220<br \/>\nUnits: 146<br \/>\nHighlights:<\/p>\n<ul>\n<li>Below Market Rents<\/li>\n<li>Commercial Building Could Be Converted to Climate Controlled Self Storage and Professional Management Office<\/li>\n<li>Large Upside through Managing Facility Tighter and Cutting Down Physical Vacancy and Concessions<\/li>\n<li>Located in Akron\u2019s Historic North Hill Neighborhood<\/li>\n<li>Densely Populated: 231,822 People within Five Miles | 101,376 People within Three Miles<\/li>\n<li>Undersupplied Self Storage Market: 4.45 NRSF per Person within a Five-Mile Radius<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-996\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-22-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Athens, Alabama Self Storage Opportunity<br \/>\nLocation: Athens, AL<br \/>\nBrokers and Brokerage: Brett Hatcher, Gabriel Coe and Jonathan Fawley of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 60,234<br \/>\nUnits: 460<br \/>\nHighlights:<\/p>\n<ul>\n<li>Brand New Self Storage Facility Currently Being Built<\/li>\n<li>Under Saturated Self Storage Market<\/li>\n<li>Great Visibility Along US Highway 72<\/li>\n<li>Approximately 25 Miles from Huntsville, AL<\/li>\n<li>Affluent Area: Average Household Income of $90,133 Within Three-Miles; $125,165 Within Five-Miles<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-997\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-12.png\" alt=\"\" width=\"600\" height=\"354\" \/><\/p>\n<p>Property: Self Storage Conversion Site<br \/>\nLocation: Canton, OH<br \/>\nBrokers and Brokerage: Thomas Gustafson and Matt Davis of Colliers<br \/>\nNRSF: 100,000+<br \/>\nUnits: 950+<br \/>\nHighlights:<\/p>\n<ul>\n<li>Former Macy\u2019s | Kaufmann\u2019s Department Store<\/li>\n<li>Adjacent to High-Performing Super Walmart (Built 2005)<\/li>\n<li>100% Climate Control (Planned)<\/li>\n<li>NOK\u0112 Smart Entry System (Planned &#8211; All Units)<\/li>\n<li>Two Floors Both with Ground Level Access<\/li>\n<li>High Traffic Retail Corridor Location<\/li>\n<li>No Climate Control Competition Within 3+ Miles<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-995\" src=\"http:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2021\/08\/unnamed-21-660x365.jpg\" alt=\"\" width=\"660\" height=\"365\" \/><\/p>\n<p>Property: Broward County Self Storage<br \/>\nLocation: Fort Lauderdale, FL<br \/>\nBrokers and Brokerage: Brett Hatcher, Meir Perlmuter, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap<br \/>\nNRSF: 23,551<br \/>\nUnits: 242<br \/>\nHighlights:<\/p>\n<ul>\n<li>Climate Controlled and Non-Climate Controlled Units<\/li>\n<li>Value Add through Tighter Management and Lease Up of Second Level<\/li>\n<li>Daily Traffic Count: 42,500 Cars per Day<\/li>\n<li>Great Visibility Along Northeast 11th Street<\/li>\n<li>Dense Area: 149,613 People within Three Miles; 312,010 People within Five Miles<\/li>\n<li>Affluent Market: Average Household Income of $92,017 within a Three-Mile Radius<\/li>\n<\/ul>\n<p>Property: Hwy 6 Storage<br \/>\nLocation: Houston, TX<br \/>\nBuyer: Andover Properties<br \/>\nNRSF: 49,000<br \/>\nUnits: 382<br \/>\nHighlights:<\/p>\n<ul>\n<li>Heavily Trafficked Location<\/li>\n<li>Climate-Controlled, Drive-Up and Open Parking Units<\/li>\n<\/ul>\n<p>Property: CubeSmart (managed) Self Storage<br \/>\nLocation: Chattanooga, TN<br \/>\nBroker and Brokerage: Michael Morrison of Midcoast Properties, Inc<br \/>\nNRSF: 100,980<br \/>\nUnits: 781<br \/>\nHighlights:<\/p>\n<ul>\n<li>Class-A Facility<\/li>\n<li>1.5 Miles from an Amazon Fulfillment Center and 2.5 Miles from a Volkswagen Manufacturing Plant<\/li>\n<li>Amenities Including Lighting, Elevator Access and 24-Hour Video Recording.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Property: CubeSmart Self Storage (Third Party Managed) Location: Irving, TX Brokers and Brokerage: Bill Bellomy and Michael Johnson of Bellomy &amp; Co. NRSF: 66,698 Units: 609 Highlights: Stabilized Class-A Facility 97% Physically Occupied 14 Miles from Dallas, TX Property: Boyle Street Self Storage Location: Akron, OH Brokers and Brokerage: Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus &amp; Millichap NRSF: 25,220 Units: 146 Highlights: Below Market Rents Commercial Building Could Be Converted to Climate Controlled Self Storage and Professional Management Office Large Upside through Managing&hellip;<\/p>\n","protected":false},"author":7,"featured_media":994,"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\/992"}],"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=992"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/992\/revisions"}],"predecessor-version":[{"id":998,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/992\/revisions\/998"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/994"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}