Dean Keller of Laguna, CA-based Bancap Self Storage Group recently brokered the sale of A-1 Sierra Storage at 17175 Sierra Highway in Santa Clarita, CA for $2 million. The 37,000-square-foot, single-story facility features 400 units. The facility has been family-owned since it opened in 1982. The buyer was a newly formed LLC operating under the name…
Dallas-based Rosewood Property Company purchased the 89,841-square-foot self-storage facility at 4420 E. 146th Street in Carmel, Indiana. The facility, StorAmerica Storage & Wine Cellar, was locally owned and managed. It will now be rebranded and managed by Extra Space Storage. The seller was represented by Matthew Duda of MJ Partners. Compass Self Storage recently purchased…
Nova Storage Palmdale LP purchased the 85,955-square-foot self-storage facility at 3305 E. Palmdale Boulevard for $6.2 million, property records show. The seller was American Self Storage of Palmdale. The facility is operating as Nova Storage, which operates eight facilities in Southern California, according to its website. Warren William Group of Santa Monica, recently purchased the…
U-Haul parent company AMERCO has purchased two recently-built self-storage facilities in the Milwaukee metro area for a combined $17 million. Both facilities operated under the name The Vault Self Storage and were sold by private investors. The 451-unit facility at N58 W15500 Shawn Circle in Menomonee Falls was built in 2016. A second phase is…
StorageMart recently purchased a 78,000-square-foot self-storage facility at 3711 Soquel Drive in Soquel, CA for $18.65 million. The facility, built in 2009, was sold by Store More America. The facility (pictured above) offers 667 units and sits on just over 2-acres. The seller was represented by Bobby Loeffler and Tyler Skelly of the Loeffler Self-Storage Group. The three-property Tempe…
Strategic Storage Growth Trust Inc. recently purchased the newly converted 95,000-square-foot self-storage facility at 12321 Western Avenue in Garden Grove, CA for $18.4 million. The facility offers 900 storage units, as well as 59 RV storage spaces. The facility was recently converted from a former manufacturing building by Irvine, CA-based Progressive Realty Partners. Following the…
Valley Storage Co. purchased the 122,239-square-foot self-storage facility at 34425 Lorain Road in North Ridgeview, OH for $3.8 million (pictured at top). The seller, Fields Stor-All LTD, was represented by Ryan Clark of SkyView Advisors. Valley Storage is owned by Todd and Tina Snook, and has 15 locations throughout Maryland, Ohio, Pennsylvania, Virginia and West…
National Storage Affiliates purchased the self-storage facility at 2015 8th Avenue W. in Palmetto, FL for $4.48 million (pictured above). The seller was Investment Properties of Sarasota LLC. NSA will operate the facility under the Hide-Away Storage name. An entity called 191 III 771-775 LLC purchased the 72,150-square-foot self-storage facility at 601 Martin Avenue in…
Texas-based Self Storage Solutions purchased the former Centurion Storage facility at 2310 North Loop 1604 West in San Antonio, TX at a public auction conducted by the U.S. Department of the Treasury. The 113,000-square-foot facility was built in 2007, and later seized by the federal government starting in 2012 in connection with an international money laundering…
Hollywood Investment Company purchased the 126,963-square-foot self-storage facility at 777 Panther Drive in Reno, NV for $10.9 million. The facility offers 790 units and is comprised of 22 single-story buildings (pictured above). The facility operates under the name Stor-All Self-Storage. Bobby Loeffler represented the seller, Stor-All Reno LLC. John Pinjuv of Avison Young represented the…
