Self-storage investment firm Merit Hill Capital LP bought a self-storage facility in Middletown, NY, from private investor Susan Petrone for $5.1 million. Galleria Self Storage, at 295 Ballard Road, is a 44,845-square-foot facility with 317 units. Michael Mele and Luke Elliott, both of Marcus & Millichap’s office in Tampa, FL, represented the seller and found…

Ladera Ranch, CA-based Strategic Storage Growth Trust Inc., a non-traded self-storage REIT sponsored by SmartStop Asset Management LLC, bought an 870-unit storage facility in Pembroke Pines, FL, for $15.7 million. The 84,000-square-foot facility, at 18804 Pines Blvd., features a two-story building and three-story building on 3 acres. Strategic Storage Growth Trust bought the brand-new facility…

Irvine, CA-based US Storage Centers, owned by Westport Properties Inc., bought a self-storage facility in the Los Angeles suburb of Commerce, CA, from Los Angeles-based Magellan Group Inc. for an undisclosed amount. The 1,347-unit, 140,048-square-foot storage facility is at 5415 E. Olympic Blvd. Aside from traditional self-storage, the facility offers RV, boat and car storage….

Glendale, CA-based self-storage REIT Public Storage bought a portfolio of six self-storage facilities in the Dallas-Fort Worth area from a joint venture between McKinney, TX-based Advantage Storage and Chicago, IL-based Harrison Street Real Estate Capital LLC. The purchase price was not disclosed. Built from 2001 to 2017, the properties total about 430,000 square feet and…

Saratoga Springs, NY-based Prime Storage Group purchased a self-storage facility in the Astoria neighborhood of Queens, NY, for $94 million. The sellers were New York City, NY-based Madison Development LLC, which built the 173,990-square-foot facility, and a fund affiliated with Newark, NJ-based insurance giant Prudential Financial Inc., according to The Real Deal. The facility, at…

Malvern, PA-based self-storage REIT CubeSmart bought a recently built self-storage facility in Delray Beach, FL, from Cousins First Storage LLC, an affiliate of Delray Beach-based Kaufman Lynn Construction, for $17.75 million, according to media reports. The 134,460-square-foot, six-story facility sits on a 1.3-acre site (pictured below) at 3195 S. Congress Ave. The facility was built this year,…

The co-owners of a Zippy Shell Inc. moving and self-storage franchise in the Louisville, KY, area purchased a 13.7-acre industrial property to consolidate the franchise’s regional operations. The franchise co-owners, Chip Ridge and Jason Kron, bought the former Coca-Cola bottling and distribution plant for $1.2 million, according to Insider Louisville. The property, at 1661 W….