Matthews, NC-based Morningstar Properties LLC purchased a portfolio of three Devon Self Storage-managed facilities in Georgia and South Carolina from an unidentified London-based investment fund for an undisclosed amount. The portfolio spans 216,542 net rentable square feet with 1,473 units and 155 rentable outdoor parking spaces. The facilities are at
- 6012 Ogeechee Road in Savannah, GA
- 250 Old Cherokee Road in Lexington, SC
- 4400 Ladson Road in Summerville, SC.
Charles “Chico” LeClaire and Adam Schlosser, both of Marcus & Millichap’s office in Denver, CO, represented the seller.
Columbia, MO-based StorageMart purchased 680 Mini & Mobile Storage in Omaha, NE, from an unidentified seller for an undisclosed amount. The facility, at 3206 N. 102nd St., offers 651 units in 100,000 rentable square feet.
An unidentified buyer purchased Budget Self Storage in Battle Creek MI, from Farmington Hills, MI-based EDA Cassar LLC for an undisclosed amount. The facility, at 250 S. Bedford Road, consists of 432 units in 62,550 rentable square feet. Mark Floria of Farmington Hills-based Pogoda Cos. brokered the deal.
Armor Self Storage in Mineral Wells, TX, has a new owner. The names of the buyer and seller weren’t available. The purchase price wasn’t disclosed. The facility, at 4200 U.S. Highway 180 East, features 394 units in 67,874 rentable square feet. The deal includes 5.5 acres available for expansion. Richard Minker and Chad Snyder, both of the Colliers International Self Storage Advisory Services Group and both affiliated with the Aurora, CO-based Argus Self Storage Sales Network, represented the seller.
An unidentified LLC purchased Storhouse at Paxton Street in Harrisburg, PA, from an unidentified partnership for an undisclosed amount. The facility, at 420 Amity Road, offers 598 units in 57,806 square feet. Michael Mele, Robert Bloch and Noah Obuchowski, all of Marcus & Millichap, represented the buyer and seller. Anthony Palumbo of Marcus & Millichap helped close the deal.
ASM Acquisition Partners, an affiliate of Memphis, TN-based Absolute Storage Management Inc., purchased Storage Plus of Ponchatoula in Ponchatoula, LA, from an unidentified seller for an undisclosed amount. The facility, at 12134 Highway 22, encompasses 382 units in 47,320 net rentable square feet as well as almost 3 acres for expansion. The facility is being rebranded as Ponchatoula Storage.