by Bruce Goldberg | Jun 19, 2024 | Acquisitions, News
Madison Capital Markets, an affiliate of Madison Capital Group closed on a Go Store It location in Orlando, Florida. The store is located at 8308 Osceola Polk Line Road, in the Orlando, FL market. The facility has 54,030 square feet of rentable self-storage space,...
by Bruce Goldberg | Jun 12, 2024 | Development
Northmarq’s Newport Beach Debt + Equity team secured an $8 million construction loan for Lanier Islands Storage Caves, a proposed storage facility with industrial condominium units at 6034 Lanier Islands Parkway in Buford, GA. It sits on 7.67 acres and will offer boat...
by Bruce Goldberg | Jun 12, 2024 | Acquisitions, News
Prime Group Holdings LLC, a private equity real estate firm based in Saratoga Springs, NY, purchased 30 self-storage properties totaling 1.725 million RSF in three separate transactions spread over 90 days. The deals were made on behalf of Prime’s flagship investment...
by Bruce Goldberg | Jun 6, 2024 | Acquisitions, News
HPI Real Estate of Austin, TX bought the recently built Life Storage facility in Anna, TX. Located at 501 S. Ferguson Parkway, the facility opened in September 2023. The three-story, three-building site has 840 units and 103,079 RSF of climate-controlled storage. The...
by Bruce Goldberg | Jun 6, 2024 | Development, News
Developer Yacov Smouha garnered $21.5 million of financing to purchase and convert a former office and factory building in Tribeca, at the southern end of Manhattan in New York City, into a self-storage facility. White Oak Real Estate Capital and Thorofare Capital...
by Bruce Goldberg | May 29, 2024 | Acquisitions, News
Lakeside Boat & RV Storage in Lake Havasu City, AZ sold to its new owner for $5.3 million on May 15. The deal was arranged by Jeff Gordon of Keller Williams Commercial. The property located at 930 Port Dr spans 64,040 of rentable square feet and provides 128 units...
by Bruce Goldberg | May 29, 2024 | Development, News
DXD Capital, a self storage private equity real estate developer, announced the opening of a brand new, Class A, climate-controlled storage facility in Lake Park, FL. The facility features 738 individual storage units totaling 77,150 net rentable square feet located...
by Bruce Goldberg | May 22, 2024 | Acquisitions, News
JLL Capital Markets arranged the $8.2 million sale of Cherry Ave Self Storage, which has a 1,085-unit self-storage facility at 1844 S. Cherry Ave. in Fresno, CA. JLL represented the public REIT seller and found the buyer, PSC Fresno LLC, an affiliate of Pratt Street...
by Bruce Goldberg | May 22, 2024 | Development, News
DXD Capital broke ground on a 357-unit self-storage facility in Kihei, Hawaii on Maui. The facility (above) will have 357 units totaling 45,463 NRSF, located in the Maui Research & Technology Park in Kihei. It will offer non-climate-controlled units and is...
by Bruce Goldberg | May 15, 2024 | Acquisitions, News
Malone Commercial Brokers led the sale of a newly built 26,000-square-foot self-storage facility at 17 Town House Road in West Gardiner, ME. The 7.5-acre property has five buildings and was sold to Town House Road LLC for $2.134 million. West Gardiner Self Storage is...
by Bruce Goldberg | May 15, 2024 | Development, News
On May 15, Ironside Storage opened a self-storage facility in Redmond, OR. The facility is at 2260 SW 6th St. near Redmond Municipal Airport. It has 549 units spread across 79,198 rentable square feet. Designhaus Architects designed the facility. BECON Civil...
by Bruce Goldberg | May 9, 2024 | Development, News
SecureSpace Self Storage held a grand opening for its new facility in California, called SecureSpace Santa Fe Springs. The newly built facility is at 11212 Norwalk Blvd. in Los Angeles. It has 96,471 square feet, all climate-controlled. The site is on the heavily...
by Bruce Goldberg | May 9, 2024 | Acquisitions, News
Spartan Investment Group closed on a trio of premium, well-occupied self-storage facilities in the Pacific Northwest (PNW) — two facilities in Portland, Oregon, and one in Vancouver, Washington. The privately held real estate investment firm paid $44 million for the...
by Bruce Goldberg | May 1, 2024 | Development, News
Hialeah Storage Associates, an affiliate of H&M Development and Blue Vista Capital Management, received an $18 million construction loan from Old National Bank for a self-storage facility in Florida. It will go up on a 2-acre site at 2401 W. Okeechobee Road in...
by Bruce Goldberg | Apr 25, 2024 | Development, News
Compass Self Storage has opened a new wine storage cellar at 60 Fredrick Small Road in Jupiter, FL. It has specific humidity levels and a specialty room conditioning system that is supported by a backup generator with a variety of vault sizes. The site also offers...
by Bruce Goldberg | Apr 17, 2024 | Acquisitions, News
StorageMart added two new self-storage properties to its portfolio, including one in its hometown of Columbia, MO. The facility is located at 1500 Creekwood Parkway. It covers 42,200 NRSF, holds 312 units and has car parking. The other facility is located in...
