facility. The facility adds an additional 225 covered storage spac- es to the market. The amenities include an automated RV and car wash at a discounted price for customers, a free wash with every move-in, a propane filling station with discounted pricing for customers, free on-site air pressure check station, a free dumping station, a vacuum station, a freshwater filling station with special pricing for customers, firewood, ice, an RV battery jumper on site, and a small retail selection of the specialty items.
Safeguard Self Storage has acquired
land and started
construction on a new location on Long Island, N.Y., in Levit- town. The company is building an
888-unit, 81,210-gross-square-foot, climate-controlled facility on the one-acre site.
Arcland Property Company, in
partnership with Chesapeake Real Estate Group, recently
announced
the opening of Self Storage Plus, a climate-controlled, 129,800-square-foot, 1,035-unit facility in Lanham, Md.
Sales & Acquisitions
Lindsey Self Storage Group announced four unrelated sales: Spartanburg & Boiling Springs Self Storage, a 116,600-net- rentable-square-foot portfolio in Spartanburg, S.C.; James Mini Storage, a 17,900-net-rentable-square-foot facility in Benton, Ark.; 412 Keystone Storage LLC, a 26,120-net-rentable-square- foot facility in Cleveland, Okla.; and Recreational Storage, a 24,720-net-rentable-square-foot facility in Royal, Ark. Each prop- erty was sold to a private buyer for an undisclosed price.
Versal announced the sale of Clark Self Storage, a 33,000-net- rentable-square-foot facility with 192 units in Floresville, Texas. Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne of Versal represented the seller, 701 Eagle Creek, LLC. The team also procured the buyer, Walnut Creek Interests, LTD.
The LeClaire-Schlosser Group of
Marcus & Millichap arranged the sale of Space City Self Storage, a 57,545-net-rentable-square-foot facil- ity in Houston, Texas. Dave Knobler, senior managing director investments
in the firm’s Houston office, and Charles “Chico” LeClaire, execu- tive managing director investments in the Denver office, had the exclusive listing to market the property on behalf of the seller, a Houston-based LLC. The buyer, an Arizona-based REIT, was also secured by Knobler and LeClaire.
For a recent sale, Argus Self Storage Advisors’ broker affili- ates Alex Ihrke, Matt Haugen, and Tom Flannigan listed Olson
Mini Storage, a 9,640-rentable-square-foot facility in Keewatin, Minn., on behalf of the seller and procured the buyer, a local operator.
Christopher R. Secreto and Samuel Olson,
investment specialists in
Marcus & Millichap’s Seattle office, represented the sellers and the buyer in the sale of Mountain View RV & Mini Storage, a 49,675-square-foot
facility in Madras, Ore. The property sold for $6 million. Merit Hill Capital has
Sandia Skies Self acquired 74,000-rentable-square-foot
Storage, a prop-
erty in Albuquerque, N.M. A private individual sold the asset, now under the Extra Space Storage brand. Vice
President and Director Simon Assaf and Associate Ben Tracy with Matthews Real Estate Investment Services represented the seller and handled the transaction.
A 1031 exchange buyer sold multi- ple apartment buildings to acquire a 180-unit self-storage facility in Aurora, Colo., for $2 million. Quen- tin Shore, Chris Knowlton, and Jim
Knowlton of the Knowlton Lawson Team at Pinnacle Real Estate Advisors arranged the transaction.
StorageMart acquired two facilities within the Kansas City, Mo., metro area: Summit Self Storage in Lee’s Summit and Kansas City. These two properties add a combined total of 112,266 net rentable square feet and 796 storage units to its portfolio.
Rosewood Property Company
recently acquired a new, 66,429-rent- able-square- foot,
661-unit,
climate-controlled facility in Tucson, Ariz. Formerly the Gateway Century 12
movie theater, Verdad oversaw the re-development and sale of this project; Barbara Guffey of Blue Horizon Storage served as the broker. Extra Space Storage will continue to serve as the property management company.
Compass Self Storage acquired an 87,376-square-foot facility in Spring, Texas, from Inland Real Estate Group. The company
purchased the asset through a $7 million acquisition loan provid- ed by The Huntington National Bank.
JLL negotiated the sale of Atlas Self Storage, an 18,120-net- rentable-square-foot, 116-unit facility in Midland, Texas. Adam Roossien, Matthew Wheeler, Steve Mellon, and Brian Somoza of
MiniStorageMessenger.com • August 2023 29
MESSENGER NEWS
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