InSite Property Group, a Redondo Beach, CA-based operator and investor, purchased the Self Storage Plus facility in Lanham, MD for an undisclosed amount. The facility, at 10108 Greenbelt Road, is part of the Washington D.C. metro area and located near NASA’s Goddard Space Flight Center. The 100,000-square-foot facility will be rebranded under the name SecureSpace—InSite’s…

This is an archive of self-storage acquisition news items collected during the month of November 2020. News from the week of 11/4/20 Michigan-based Storage Pros Management LLC has sold a 16-property self-storage portfolio in New England to SROA Capital, a storage-invested private equity firm based in West Palm Beach, FL. Storage Pros was represented by…

A partnership between Houston, TX-based commercial real estate investor, developer and manager Hines LP and Vancouver, Canada-based commercial real estate investor and lender Trez Capital has entered the self-storage business with the purchase of a storage facility in Plano, TX. The seller wasn’t identified. The purchase price wasn’t disclosed. The CubeSmart-branded facility, at 525 N…

Phoenix, AZ-based U-Haul International Inc. purchased StorGard Self Storage in Buford, GA, for an undisclosed amount. The seller wasn’t identified. The purchase price wasn’t disclosed. The facility, at 3556 Buford Drive, offers 703 storage units. The square footage wasn’t available. Marcus & Millichap reports: Thomas Berlin and Zachary Munce of the company’s office in Detroit,…

Memphis, TN-based Jernigan Capital Inc. purchased five self-storage facilities from Coconut Beach, FL-based MCSS Development & Investment LLC for an undisclosed amount. The CubeSmart-branded facilities are in Miami, FL, as well as the Miami suburbs of Coconut Grove, Pembroke Pines and Sweetwater. The facilities encompass 4,141 units in 367,088 rentable square feet. MCSS Development &…

Oklahoma City, OK-based Global One Services LLC sold two self-storage facilities in the Oklahoma City area. Atlanta, GA-based NitNeil Development LLC paid $3.05 million for Global One Services’ 63,600-square-foot facility at 15505 N. Pennsylvania Ave. in Oklahoma City. The unit count wasn’t available. Meanwhile, Michael Bohn paid $3 million for Global One Services’ 76,730-square-foot facility…