The LeClaire Group in the Denver, CO, office of Marcus & Millichap arranged the sale of Sprague & Sullivan Storage in Spokane Valley, a suburb of Spokane, WA. The buyer wasn’t identified. The sellers were Dean and Elizabeth Gravos. The purchase price wasn’t disclosed. “Self-storage investors are increasingly buying in secondary markets like Spokane, and…

Liberty Investment Properties hopes to build Liberty Corner – which would house five retail outlets, a restaurant and drive-thru plus a My Neighborhood Storage Center — at the corner of East Colonial Drive and Magnolia Avenue in downtown Orlando. That’ll be just in time, as the Orlando Economic Partnership’s 2030 report said Orlando will add…

Raleigh, NC-based 10 Federal purchased a four-facility Econostor self-storage portfolio in the Atlanta, GA, area and an American Mini Storage facility in Leland, NC. The sellers weren’t identified. The purchase prices weren’t disclosed. Further details about the facilities weren’t available. The acquisitions were made through 10 Federal Self Storage Acquisition Co. 2 LLC. The facilities…

Talonvest Capital Inc., based in Irvine, CA, negotiated $10.27 million in financing for Go Store It, the self-storage division of Madison Capital Group LLC. There were two parts: (1) a $4.77 million construction loan to build a three-story facility in Southeast Louisville, KY, with 661 climate-controlled units and 62,811 rentable square feet; and (2) a…

A newly created self-storage investment fund recently made its first two acquisitions and is hunting for more facilities to buy. VanWest Storage Fund I LLC, affiliated with Denver, CO-based real estate investment firm VanWest Partners, aims to purchase 10 to 12 facilities totaling roughly 400,000 net rentable square feet, said Jacob Vanderslice, founder and principal…