Stop-N-Stor Self Storage Centers sold its eight-facility portfolio in Ohio to an unnamed out-of-state buyer. The purchase price wasn’t disclosed. The eight facilities consist of 391,458 rentable square feet throughout 3,050 units. The facilities are in the Ohio cities of Cuyahoga Falls, Elyria, Lorain, Northwood, Oregon, Stow and Toledo. Marcus & Millichap’s Hatcher Storage Group,…

Three small properties that have been nicknamed “piano keys” were approved for sale by the Downtown Investment Authority’s Strategic Implementation Committee in Brooklyn, a neighborhood of Jacksonville, FL. “Piano keys” refers to their small size and nearness to other thin sites. One of the properties is a 0.08-acre site near Elder Street and Myrtle Avenue…

Salt Lake City, UT-based self-storage REIT Extra Space Storage bought a self-storage facility in San Diego, CA, for $15.4 million. The seller was the original developer of the property. Lock-It Lockers, which has been rebranded as Extra Space Storage, contains 56,700 rentable square feet and more than 750 units. The facility, at 1560 Frazee Road,…

Could self-driving cars and ride-hailing services put a big dent in the self-storage sector? Or could the self-storage sector, as some industry observers foresee, actually enjoy the ride? A recent report from Green Street Advisors, a commercial real estate research and advisory firm, and the Urban Land Institute, a nonprofit research and education organization, about…

Public Storage purchased the headquarters of BoatUS in Alexandria, VA, for $13.7 million. The 7.3-acre site at 880 S. Pickett St. includes a 93,000-square-foot flex-industrial building. It’s not yet known if Public Storage plans to develop the property as self-storage. The site is part of Alexandria’s Eisenhower West Small Area Plan, whose goal is to…

Columbia, MO-based StorageMart bought a self-storage facility in Waukee, IA, for an undisclosed amount. The facility, built in 2014, was listed at $5.8 million. Bill Bellomy, Michael Johnson and John Arnold, all of Austin-based commercial real estate firm Bellomy & Co., represented the Waukee-based seller and found the buyer. The name of the seller wasn’t…