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…
Saratoga, NY-based Prime Group Holdings continues its high-priced acquisition streak in New York City with the $26.5 million purchase of two adjacent facilities in Queens. The properties at 109-09 180th Street and 180-05 110th Avenue span a combined 106,000 square feet. The property previously operated as a Treasure Island Storage facility and was sold by Cayre…
An unidentified self-storage owner and manager purchased Choice Storage in Key West, FL, for $23.8 million from an unidentified seller. The facility, which sits on 6 acres at 2600 N. Roosevelt Blvd., offers 55,000 rentable square feet. The number of units wasn’t available. Marietta, GA-based Southeastern Business Intermediaries LLC and Stuart, FL-based Jeremiah Baron &…
Good Hope Road Self Storage LLC purchased Birchwood Storage in Milwaukee, WI, from Birchwood Good Hope Road LLC for $6 million. The facility, situated on 6.3 acres at 5115 W. Good Hope Road, features 487 units. The square footage wasn’t available. Paul McBride of Milwaukee-based Founders 3 Real Estate Services LLC represented the buyer. Compass…
First Neck LR 10th St. LLC, an affiliate of Philadelphia, PA-based Self Storage Capital Partners Management LLC, purchased AA Storage @ Fair Park in Little Rock, AR, from AA Storage @ Fair Park LP for $9.6 million, according to the Northwest Arkansas Democrat-Gazette. The facility, on 4 acres at 5700 W. 10th St., has 517…
Public Storage purchased a six-facility self-storage portfolio in the Minneapolis-St. Paul, MN, area for an undisclosed amount from an unnamed seller. The square footage amounts and unit counts for the facilities also weren’t available. The properties are in Bloomington, Edina, Hutchinson, Lakeville, Minneapolis and New Hope. Public Storage said the facilities either are fairly new…
Extra Space Storage purchased Space Plus at 17th Street Causeway in Fort Lauderdale, FL, from Space Plus at 17th Street Causeway Ltd. for $24.7 million, according to The Real Deal. The facility, on 1.2 acres at 1850 Miami Road, encompasses 119,000 square feet. An unidentified LLC purchased two Lone Star Mini Storage facilities near Ingram,…
Boulder, CO-based Red Dot Storage purchased a four-facility Attic Storage self-storage portfolio in St. Joseph, MO, from unidentified sellers. The purchase price wasn’t disclosed, although it was above the asking price of $9.85 million. The facilities contain 1,340 units in 204,601 rentable square feet on 14.68 acres. The facilities are at 405 N. Woodbine Road,…
