ADV Surprise Property Owner LLC of McKinney, TX, purchased RV Harbor in Surprise, AZ, from RV Harbor LLC of Surprise for $7.5 million. The facility, at 13516 W. Foxfire Drive, features 421 spaces for RV and boat storage across 201,476 square feet. Paul Boyle and Rick Danis, both of Cushman & Wakefield’s office in Phoenix,…
Irvine, CA-based Westport Peoria Phoenix Self Storage LLC purchased two US Storage Centers facilities in Arizona from Phoenix, AZ-based Orsett Storage LLC for $9,335,000. The facilities offer 943 units in 92,805 square feet. They are at 19315 N. 83rd Ave. in Peoria, AZ, and 2331 W. Indian School Road in Phoenix. Paul Boyle and Rick…
U-Haul parent company Amerco Real Estate Co. purchased a recently built facility in Nashville. The 1,058-unit facility at 506 Fesslers Lane was completed in March by the seller, Lexington, KY-based Andover Management Group. The property previously operated as Citadel Self Storage. HFF represented the seller in the transaction. The purchase price was not disclosed. Red Dot…
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…
An unidentified out-of-state buyer purchased four Home Star Storage facilities in Florida from Clearwater, FL-based Home Star Storage LLC for $7 million. The list price was $8.1 million. Altogether, the portfolio encompasses 982 units in 84,715 net rentable square feet. The facilities are located at: 28420 U.S. Highway 19 North in Clearwater 4500 Lipscomb St….
1604 Store and More, a 140,220-square-foot self-storage facility located in San Antonio, TX, has been sold. The facility is situated on approximately 11.3 acres of land and features 269 climate controlled units and 289 non-climate controlled units. Ryan Clark, director of investment sales and Cameron Vale, senior associate at SkyView Advisors represented the seller. Red…
Strategic Storage Trust IV Inc., a public non-traded REIT affiliated with Ladera Ranch, CA-based SmartStop Asset Management LLC, purchased a six-facility self-storage portfolio in the Houston, TX, metro area and nearby College Station, TX, from Cypress, TX-based Metro Mini Storage Inc. The purchase price wasn’t disclosed. The portfolio comprises 3,400 storage units and 200 RV…
A pair of Lock It Up Self-Storage facilities in Northern California have changed hands in separate deals totaling $27.8 million. An unidentified multifamily investor purchased the 517-unit facility at 220 W. Ahwanee Ave. in Sunnyvale, CA; it has 44,781 net rentable square feet. The purchase price was $15.5 million. Meanwhile, an unidentified private investor purchased the…
Charlotte, NC-based Madison Capital Group LLC purchased The Vault on 17th in Wilmington, NC, from The Vault on 17th LLC for $8 million, according to WilmingtonBiz.com. The seller comprises several principals at GHK Cape Development LLC and Crete Investments LLC, both based in Wilmington. The 76,000-square-foot, 552-unit facility is at 1113 S. 17th St. The…
The William Warren Group purchased three self-storage facilities in Miami-Dade County for $100 million. The facilities were sold by CRP/Westport Self Storage Dixie, a joint venture between the Carlyle Group and Westport Properties, operator of US Storage Centers. The facilities are located at 1396 Northeast 125th Street, 1555 West Dixie Highway and 13301 Southwest 87th…
