StorageMart recently purchased a 78,000-square-foot self-storage facility at 3711 Soquel Drive in Soquel, CA for $18.65 million. The facility, built in 2009, was sold by Store More America. The facility (pictured above) offers 667 units and sits on just over 2-acres. The seller was represented by Bobby Loeffler and Tyler Skelly of the Loeffler Self-Storage Group.
The three-property Tempe Bargain Self-Storage portfolio was recently sold for a combined $8.6 million to two separate buyers, according to AZ Big Media. California-based Tempe Choice Self-Storage purchased the two facilities at 1700 E. Curry Road and 816 N. Scottsdale Road in Tempe, AZ for $4.1 million—which combined cover 49,925 square feet. Scottsdale, AZ-based KEMF Tempe Storage LLC purchased the third facility at 1964 E. University Drive for $4.5 million. That facility offers 731 units.
White City, OR-based Landen Properties LLC purchased the 52,100-square-foot Big Boy Maxi Storage at 1400 Avenue G in White City, OR for $3.2 million. The facility was built in 2005 and offers 75 storage units.
Hanalei Associates LLC purchased the 43,295-square-foot StorAmerica Self-Storage facility at 21971 De Berry Street in Grand Terrace CA for $5.3 million. The seller was NSA Property Holdings LLC. Nicholas Walker arranged the transaction.
Herman Steenmeijer recently purchased the 13,757-square-foot self-storage facility at 2936 San Luis Rey Road in Oceanside, CA for $2 million. The 160-unit property was sold by Shas Management Inc.
Cali Clean LLC recently purchased Bergin Way Self Storage located in Sparks, Nevada for $1,640,000. The 36,240-square-foot facility at Bergin Way and Overmyer Road, was sold by Bergin Way Self Storage LLC. Bobby Loeffler arranged the transaction. The facility offers 192 units.
An unidentified buyer purchased the 78,630-square-foot Palmdale Self Storage facility at 3305 East Palmdale Boulevard in Palmdale, CA. The facility offers 268 climate controlled units and 358 non-climate controlled units. The sale was arranged by Marcus & Millichap’s Tampa and Phoenix offices.
U-Haul purchased The Storage Place in Texarkana, AR for an undisclosed amount. The 40,275-square-foot facility at 5204 Links Drive was built in 2005. The facility offers 209 units. The seller was represented by Larry Goldman of RE/MAX Commercial.
Marcus & Millichap recently arranged the sale of a nine-property portfolio of Extra Space Storage facilities in Texas. Located in Amarillo, Plainview and Lubbock, the 644,795-square-foot portfolio includes 1,237 climate-controlled units and 3,527 non-climate-controlled units. Brett Hatcher and Charles LeClaire of Marcus & Millichap represented the seller, a Texas-based limited liability company, and procured the buyer, also a limited liability company.