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StorageMart recently purchased a 78,000-square-foot self-storage facility at 3711 Soquel Drive in Soquel, CA for $18.65 million. The facility, built in 2009, was sold by Store More America. The facility (pictured above) offers 667 units and sits on just over 2-acres. The seller was represented by Bobby Loeffler and Tyler Skelly of the Loeffler Self-Storage Group. The three-property Tempe…

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Strategic Storage Growth Trust Inc. recently purchased the newly converted 95,000-square-foot self-storage facility at 12321 Western Avenue in Garden Grove, CA for $18.4 million. The facility offers 900 storage units, as well as 59 RV storage spaces. The facility was recently converted from a former manufacturing building by Irvine, CA-based Progressive Realty Partners. Following the…

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Valley Storage Co. purchased the 122,239-square-foot self-storage facility at 34425 Lorain Road in North Ridgeview, OH for $3.8 million (pictured at top). The seller, Fields Stor-All LTD, was represented by Ryan Clark of SkyView Advisors. Valley Storage is owned by Todd and Tina Snook, and has 15 locations throughout Maryland, Ohio, Pennsylvania, Virginia and West…

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National Storage Affiliates purchased the self-storage facility at 2015 8th Avenue W. in Palmetto, FL for $4.48 million (pictured above). The seller was Investment Properties of Sarasota LLC. NSA will operate the facility under the Hide-Away Storage name. An entity called 191 III 771-775 LLC purchased the 72,150-square-foot self-storage facility at 601 Martin Avenue in…

Maryland-based Store It All Storage purchased this facility in Houston, TX. Maryland-based Store It All Storage purchased this facility in Houston, TX.

Texas-based Self Storage Solutions purchased the former Centurion Storage facility at 2310 North Loop 1604 West in San Antonio, TX at a public auction conducted by the U.S. Department of the Treasury. The 113,000-square-foot facility was built in 2007, and later seized by the federal government starting in 2012 in connection with an international money laundering…

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Hollywood Investment Company purchased the 126,963-square-foot self-storage facility at 777 Panther Drive in Reno, NV for $10.9 million. The facility offers 790 units and is comprised of 22 single-story buildings (pictured above). The facility operates under the name Stor-All Self-Storage. Bobby Loeffler represented the seller, Stor-All Reno LLC. John Pinjuv of Avison Young represented the…

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A portfolio of 13 facilities, spanning 700,000-square-feet in four states, was sold for nearly $100 million to an unnamed institutional joint venture. “A nearly $100 million transaction closing in the last days of the year is on par with previous year-end closing sprints.” said Aaron Swerdlin of NGKF Capital Markets in a press release. Swerdlin,…

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Ladera Ranch, CA-based Strategic Storage Trust II completed the purchase of 11 self-storage facilities in Asheville, NC for more than $92 million. The portfolio spans a total of 553,500-square-feet and includes 4,850 units. “Asheville will provide a captive market for us. Many of the properties have expansion land that we plan on getting underway immediately,” said…

William Warren is starting construction soon on its latest Denver facility. William Warren is starting construction soon on its latest Denver facility.

Developer Michael C. Hanky, operating as Hanky LLC, is seeking necessary approvals to build a 600 to 700 multi-level storage facility at 5327 Forest Hill Avenue in Richmond, VA. The proposed facility would replace the Forest View Rescue Squad. The property is located in a residential area, and neighboring residents have voiced opposition to the…