Columbus, OH-based The Hatcher Group at Marcus & Millichap handled the sale of Mr. Stor-It in Westland, MI. The buyer and seller weren’t identified. The purchase price wasn’t disclosed. The facility was originally listed at $13.2 million. The facility, at 5235 S. Merriman Road, consists of 908 units in 127,640 net rentable square feet. The…
Philadelphia-based First Neck University Avenue LLC purchased Too Much Stuff storage in Little Rock, AR, from Jacksonville, AR-based Northgate Mini-Storage LLC for $8.325 million, according to media reports. The facility, at 2010 S. University Ave., comprises 574 units. The square footage wasn’t available. The facility now operates as Snapbox Self-Storage. Compass Self Storage LLC and…
Greg Nassir and Edward Matevosian, both of the Glendale, CA, office of CBRE, represented Southmark Storage LLC in the $16.5 million sale of Southmark Storage in South Pasadena, CA, to Los Angeles, CA-based Gelt Inc. The facility, on 1.8 acres at 919 Mission St., features 623 indoor units, 42 outdoor units and a two-bedroom manager’s…
Irvine, CA-based US Storage Centers purchased a self-storage facility in Summerlin, NV, from Durango Mini Storage and Charleston Mini Storage. The purchase price wasn’t disclosed. The facility, at 8470 W. Charleston Blvd., offers 1,269 units in 177,955 square feet in the Las Vegas MSA. New York City, NY-based Andover Properties LLC, which does business as…
An unidentified California-based investment group purchased Airport Road Self Storage in Port Angeles, WA, from an unidentified LLC for $4.25 million. The facility, on about 16.5 acres at 4114 S. Airport Road, provides 293 units in 44,770 square feet. The deal includes more than 8 adjacent acres earmarked for expansion or development. Christopher Secreto of…
An LLC led by Steve Juiris of North Carolina purchased nine self-storage facilities in Arkansas from LLCs controlled by Patrick Byrd and Alex Baumeister of Arkansas for $30.3 million, according to the Northwest Arkansas Business Journal. The facilities encompass about 600,000 square feet and 4,000 units. The facilities are: Blue Mountain Storage, 8231 Trafalgar Road,…
Raleigh, NC-based 10 Federal Storage LLC purchased two Store-It-Right facilities in Virginia from an unidentified seller for an undisclosed amount. The facilities are at 2399 Leake Square in Charlottesville, VA, and 15142 Spotswood Trail in Ruckersville, VA. The square footage and unit counts weren’t available. An unidentified investor purchased Nandua Mini Storage in Tasley, VA, for…
Matthews, NC-based Morningstar Properties LLC purchased a portfolio of three Devon Self Storage-managed facilities in Georgia and South Carolina from an unidentified London-based investment fund for an undisclosed amount. The portfolio spans 216,542 net rentable square feet with 1,473 units and 155 rentable outdoor parking spaces. The facilities are at 6012 Ogeechee Road in Savannah,…
Public Storage purchased a Life Storage facility in Arvada, CO, from an unidentified LLC. The purchase price wasn’t disclosed. The facility, at 14872 W. 69th Ave., features 637 units in 64,320 square feet. Adam Schlosser and Charles “Chico” LeClaire, both of The LeClaire Group at Marcus & Millichap’s office in Denver, CO, represented the seller….
ADV Surprise Property Owner LLC of McKinney, TX, purchased RV Harbor in Surprise, AZ, from RV Harbor LLC of Surprise for $7.5 million. The facility, at 13516 W. Foxfire Drive, features 421 spaces for RV and boat storage across 201,476 square feet. Paul Boyle and Rick Danis, both of Cushman & Wakefield’s office in Phoenix,…
