Bargain Storage at Grand & Camelback in Glendale, AZ, has changed hands for $3.13 million. The facility, at 4616 NW Grand Ave., features 325 units in 45,146 square feet. Bill Alter of Rein & Grossoehme Commercial Real Estate in Scottsdale, AZ, represented the buyer and seller, who weren’t identified. The facility is now listed on…
Bloomington, IN-based Storage Express bought a portfolio of 12 Storage General facilities in central Illinois from the Plummer family of RP Lumber Co. Inc., a home improvement and building materials retailer based in Edwardsville, IL. The purchase price wasn’t disclosed; the portfolio was listed at $13.75 million. The portfolio comprises 370,000 net rentable square feet…
The William Warren Group, based in Santa Monica, CA, purchased Storage Depot in Shirley, NY, for $10 million from an unidentified seller. The property was listed previously at $11.5 million. The facility, at 331 Smith Road, comprises 46,730 net rentable square feet and 546 units. The facility, which sits on nearly 1.8 acres, now operates…
Red Dot Storage 103 LLC, affiliated with Red Dot Storage of Boulder, CO, bought Budget Self Storage in Lansing, MI, from Logan – I-96 Self Storage Inc. for $3.8 million. The facility, at 6140 Pleasant Grove Road, features 396 units in 48,350 net rentable square feet. Mark Floria of Pogoda Cos., based in Farmington Hills,…
Real estate investment partners Tulfra Real Estate, based in Rochelle Park, NJ, and The Hampshire Cos., based in Morristown, NJ, sold a 91,000-square-foot self-storage facility in Towota, NJ, for $19.5 million to an unidentified public company. Extra Space Storage operates the facility, but it’s unclear whether Extra Space was the buyer. Tulfra and Hampshire bought…
In a $8.9 million deal, Arizona Storage Inns in Mesa, AZ has changed hands. The buyer and the seller, both represented by Bill Alter of Rein & Grossoehme Commercial Real Estate in Scottsdale, AZ, weren’t identified. The 92,180-square-foot facility, at 1750 N. Country Club Drive, consists of 807 self-storage units as well as 191 parking…
A joint venture between McKinney, TX-based Advantage Storage and Chicago, IL-based Harrison Street Real Estate Capital LLC purchased a two-facility portfolio in Arizona and Colorado from a joint venture between American Fork, UT-based Wasatch Storage Partners and a private real estate fund advised by Dallas, TX-based Crow Holdings Capital – Real Estate. The purchase price…
The two-facility A Self Storage Depot portfolio in the Asheville, NC, area changed hands for just over $8 million. The names of the buyer and seller weren’t available. Located at 450 Naples Road in Hendersonville, NC, and 875 Charlotte Highway in Fairview, NC, the two properties offer a combined 71,450 rentable square feet and 503…
Denver, CO-based self-storage storage developer and investor Baron Properties bought EDEO Self Storage in West Allis, WI, for $10.75 million from self-storage developers Gallacher Development LLC and Self-Storage Ventures LLC, both based in Lone Tree, CO. The first phase of the facility, at 11100 W. Cleveland Ave., is a warehouse-to-storage conversion with 531 units in 71,248…
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…
