The Vault at Riggs Road LLC disposed of its 150,260-square-foot storage and RV building for $25.5 million. The property is located at 12220 E. Riggs Road in Chandler, AZ. The buyer, VRR-1 LLC, represented itself. Denise Nunez and Victoria Filice of NAI Horizons represented the seller. Matthews Real Estate Investment Services completed the sale of Monroe Self Storage,…

Andover Properties (dba Storage King USA) purchased a 197,000-square-foot self-storage facility in Argyle, TX with drive-up and climate-controlled units. It also has covered and enclosed RV parking, and open parking. The facility is Andover’s 16th asset in the Dallas-Fort Worth area. The property already has expanded twice. Storage King USA now has 129 facilities in…

Harrison Street, based in Chicago, IL, sold a portfolio of 12 self-storage facilities in four states for an undisclosed price. The buyers are Storage Post and Life Storage. The portfolio totals 625,598 rentable square feet across properties in Texas, New York, North Carolina and Illinois. Harrison Street managed the facilities in joint venture partnerships with…

Brookfield Asset Management entities paid a combined $90 million for three properties in Brooklyn, NY: The company bought a 67,000-square-foot self-storage building at 235 Park Ave. in Clinton Hill, Brooklyn, for $32 million. Maddd Equities, Joy Construction and Cayre Equities sold the four-story building, also known as 45 Clinton Avenue, which they bought in 2018…

KKR bought three self-storage properties in three states, totaling about 2,000 units, for $70 million in three transactions. The properties are in Atlanta, GA; St Petersburg, FL; and Alexandria, VA. The buys were KKR’s first self-storage real estate acquisitions in the St. Petersburg and Washington, D.C. areas. KKR’s Americas did the purchases through its equity…

SmartStop Self Storage REIT Inc. bought a self-storage facility at 1910 E. Algonquin Road, in Algonquin, IL. It’s SmartStop’s sixth owned or managed location in the Chicago market and 163rd in North America. It has 900 units spanning 109,000 feet and offers both climate-controlled and non-climate-controlled units. Source: Business Wire Go For It Storage purchased…