Williamsville, NY-based Life Storage Inc. purchased Storage Solutions in Sacramento, CA, from Los Angeles, CA-based Storage Solutions for $10.3 million. Once an expansion is completed, the facility, at 181 Main Ave., will offer 631 units in 84,240 net rentable square feet. The projected asking price was $13.5 million to $14.5 million.
Classic Storage Detroit in Detroit, MI, has a new owner. The names of the buyer and seller, both private investors, weren’t available. The purchase price wasn’t disclosed. The facility, at 2700 Junction St., spans 215,040 square feet; the number of units wasn’t available. Tom Berlin and Zach Munce, both of Marcus & Millichap’s office in Detroit, represented the seller and found the buyer.
Storage World in Stockbridge, GA, has changed hands. The names of the buyer and seller weren’t available. The purchase price wasn’t disclosed. The facility, on 5.28 acres at 490 Eagles Landing Parkway, features 724 units in 91,130 net rentable square feet. It has been rebranded as a Storage Xxtra. Dale Eisenman of Hilton Head, SC-based Midcoast Properties Inc. represented the seller.
S&E Mini Storage in Baltimore, MD, has a new owner. The names of the buyer and seller weren’t available. The purchase price wasn’t disclosed. The facility, at 3464 Wilkens Ave., comprises 652 units in 70,000 rentable square feet. Pamela Arms and Monty Spencer Jr., both of Yorktown, VA-based The Storage Acquisition Group, handled the deal.
Weathervane Self Storage in Kalamazoo, MI, has changed hands. The names of the buyer and seller weren’t available. The purchase price wasn’t disclosed. The facility, at 4221 S. Ninth St., offers 505 units in 69,150 net rentable square feet. The Hatcher Group of Marcus & Millichap’s office in Columbus, OH, was involved in the deal.
Also arranged by The Hatcher Group is the sale of A Plus Self Storage in Davison, MI, has a new owner. The names of the buyer and seller weren’t available. The purchase price wasn’t disclosed. The facility, on 6.43 acres at 7150 E. Court St., consists of 410 units in 58,740 net rentable square feet.
