This page is an archive of self-storage acquisition news from January 2021.

Acquisition news from 1/7/2021:

Loeffler Self-Storage Group reports the following:

Buyer: Family partnership based in Yuba, CA
Seller: Safe-Hold Storage LLC
Facility: Big Sky Discount Storage & Annex
Location: Susanville, CA
Net square footage: 62,980 sq.ft.
Number of units: Not provided
Brokers involved: Bobby Loeffler and Tyler Skelly represented buyer and seller.
Sales price: $2,050,000

Cushman & Wakefield reports the following:

Buyer: In Self Storage
Seller: Not provided
Facility: Storage Solutions on Eaton
Location: Battle Ground, WA
Net square footage: 51,600 sq.ft.
Number of units: 376 units
Brokers involved:
Jim Lewis, Greg Wells, Luke Elliott, Michael Mele represented the seller.
Sales price: Not provided
Notes: New development opened in July 2020.

Buyer: Invesco Real Estate in partnership with Baranof Holdings
Seller: MWIC Parkway LLC and MWIC Turner Road LLC
Facility: Nest Self Storage portfolio
Location: Salem, OR.
Net square footage: 166,877 sq.ft.
Number of units: 1,135 units
Brokers involved:
Greg Wells, Jim Lewis, Luke Elliott, and Mike Mele handled the transaction.
Sales price: Not provided
Notes: 85% occupied at closing. New development.

StorageMart reports the following:

Buyer: StorageMart
Seller: Not provided
Facility: SOS Self Storage of Noblesville and SOS Storage Fishers
Location: Noblesville and Fishers, IN
Net square footage: Not provided
Number of units: Not provided

Bellomy & Co. reports the following:

Buyer: Angelo Gordon Real Estate
Seller: 287 Willow Springs Storage LP of Richland HIlls, TX
Facility: Life Storage
Location: Haslet, TX
Net square footage: 78,950 sq.ft.
Number of units: 623
Brokers involved: 
Bill Bellomy and Michael Johnson represented the seller.
Sales price: Not provided

Buyer: Willis East Storage LLC of Houston, TX
Seller: Pacific View Investments LLC of Hermosa Beach, CA
Facility: A-1 Storage
Location: Willis, TX
Net square footage: 52,680 sq.ft.
Number of units: 242
Brokers involved: 
Bill Bellomy and Michael Johnson represented the seller. Craig Rice and Cole Rice of CSD Realty Company represented the buyer.
Sales price: Not provided

Berkshire Hathaway Storage Group reports the following:

Buyer: Not provided
Seller: Not provided
Facility: Jam’s Mini Storage
Location: Walker, LA
Net square footage: 37.600 sq.ft.
Number of units: 283 units
Brokers involved:
Cameron Vale and Parker Sweet represented the seller and procured the buyer.
Sales price: Not provided

CBRE reports the following:

Buyer: All Storage
Seller: The Davis Group
Location: Fort Worth, TX.
Net square footage: Not provided
Number of units: Not provided
Brokers involved: 
Nick Walker, Nate Holash and Adam Alexander represented the seller.
Sales price: Not provided

Marcus & Millichap reports the following:

Buyer: Not provided
Seller: Not provided
Facility: ABC Self Storage
Location: 1440 Armory Drive in Franklin, VA
Net square footage: 70,750 sq.ft.
Number of units: 551
Brokers involved:
Gabriel Coe and Brett Hatcher represented buyer and seller. Dawson Rinder assisted with the transaction. 
Sales price: Not provided

Buyer: Not provided
Seller: Not provided
Facility: Security Self Storage
Location: 4391 US-90 in Pace, FL
Net square footage: 73,734 sq.ft.
Number of units: 667
Brokers involved:
Meir Perlmuter, Gabriel Coe, Nathan Coe and Brett Hatcher represented buyer and seller. Ryan Nee assisted with the transaction. 
Sales price: Not provided

Buyer: Not provided
Seller: Not provided
Facility: Cajun Self Storage
Location: 2935 FM 521 Road in Fresno, TX
Net square footage: 104,823 sq.ft.
Number of units: 424 units
Brokers involved: 
Brian Kelly, Brett Hatcher, Gabriel Coe, and Jack NEwman represented the seller. Brian Kelly, Brett Hatcher and Gabriel Coe also represented the buyer with assistance from Tim Speck.
Sales price: Not provided
Notes: Built in 2005 and expanded in 2015.

Advertisement
Alexander Harris