Valley Storage Co. purchased a portfolio of two facilities in Ohio for $7.31 million. The facilities were sold by A-1 Store It All and are located at 1360 Home Avenue in Akron (pictured above) and 4685 Hossler Drive NW in North Canton. The facilities span a combined 165,200-square feet. The transaction was arranged by Ryan Clark and Jay Crotty of SkyView Advisors.
Andover Properties purchased the 52,900-square-foot self-storage facility at 3 Roosevelt Boulevard, in Marmora, NJ for $6.8 million. The facility operated under the name Cape Atlantic Self Storage. Nick Malagisi of SVN Commercial Real Estate brokered the transaction.
YC 99 Storage LLC and Auburn Ravine Investors LLC purchased the 95,820-square-foot self-storage facility at 1268 Stewart Road in Yuba City, CA for $5.9 million. The Loeffler Self-Storage Group arranged the transaction.
Sparks Valley View LLC purchased Glendale Self Storage, a 25,148-square-foot facility at 940 Freeport Boulevard in Sparks, NV for $1.225 million. The seller was Gusher 940 LLC. The Loeffler Self-Storage Group arranged the transaction.
Celine Properties LLC purchased the 36,425-square-foot facility at 5327 Truck Village Drive in Mount Shasta, CA for just over $1 million. The facility, Butte Self-Stor, offers 305 units and was sold by Dick and Connie Beith. The Loeffler Self-Storage Group arranged the transaction.
Dallas-based Rosewood Property Company purchased the 52,000-square-foot self-storage facility at 2222 N. Figueroa Street in Los Angeles, CA. Purchase price was not disclosed. StorQuest Self Storage sold the facility, and the company will continue to manage the facility on behalf of Rosewood.
Greg Wells, Director of Cushman & Wakefield’s Self Storage Practice Group arranged the transaction.
“Because of the project’s highly visible location in one of the most sought after markets in the country, we were able to drive interest from a wide variety of buyer pools,” Wells said.
Sunset Self Storage, located at 1236 W 13th St in Merced, CA was recently sold for an undisclosed price. The 32,950-square-foot facility offers 408 units.The transaction was arranged by Performance Self Storage Group.