First Neck LR 10th St. LLC, an affiliate of Philadelphia, PA-based Self Storage Capital Partners Management LLC, purchased AA Storage @ Fair Park in Little Rock, AR, from AA Storage @ Fair Park LP for $9.6 million, according to the Northwest Arkansas Democrat-Gazette. The facility, on 4 acres at 5700 W. 10th St., has 517 units; the square footage wasn’t available. A 4,200-square-foot, two-story office building was part of the deal.
Denver, CO-based Baron Properties purchased Continental Ranch Self Storage in Marana, AZ, from LPG Associates of Rohnert Park, CA, for $7.5 million. The facility, at 5650 W. Coca Cola Place, offers 736 units in 99,810 net rentable square feet. Salt Lake City, UT-based Extra Space Storage has been tapped to manage the property. Denise Nunez of NAI Horizon in Phoenix, AZ, represented the seller and found the buyer.
An unidentified buyer purchased The Space Place in Lancaster, CA, from an unidentified LLC for an undisclosed amount. The facility, at 825 W. Avenue L-12, provides 547 units in 46,917 square feet. Charles “Chico” LeClaire and Adam Schlosser, both of Marcus & Millichap in Denver, CO, represented the seller.
Petra Storage Solutions in Opelika, AL, has a new owner. The names of the buyer and seller weren’t available. The purchase price wasn’t disclosed. The newly built facility, at 501 N. 26th St., features 459 units in 75,000 gross square feet. David Spencer and Monty Spencer, both of Yorktown, VA-based The Storage Acquisition Group, managed the sale.