Industry News

Mobile, AL- Bill Barnhill, CCIM, and Stuart P. LaGroue, Sr., the Argus Self Storage Advisors for the Gulf Coast region, negotiated and facilitated the sale of a CubeSmart managed facility (privately owned) in Huntsville, AL.  The Class “A” asset is located at 11580 Memorial Parkway SW and consisted of 86,825 rentable square feet.  The property… Read more »

Minneapolis, MN- Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis, broker affiliates of Argus Self Storage Advisors, represented the seller and procured the buyer for the RH Rebel Storage Portfolio with locations in Jamestown, Minot, and Valley City, North Dakota. The four-property portfolio was sold to KO Storage who is expanding their operations into… Read more »

Overland Park, KS- Larry Goldman, CCIM, of Goldman Investment Advisors, facilitated the sale of Handy Rentals in Wynne, Arkansas. The sale closed December 2020 and sold for $4,080,000 or approximately $42.50/RSF. The facility offers 96,455 rentable square feet and is on approximately nine acres of land. Handy Rentals sold to Wynne Properties Group, a private… Read more »

Mobile, AL- Argus Self Storage Advisor Affiliates Bill Barnhill, CCIM and Jeremy B. Milling, CCIM represented the seller of Central City Mini Storage located in Central, Louisiana, a suburb of Baton Rouge.  The property sold on January 6, 2021 to a group of investors out of Los Angeles, California and Dallas, Texas for $675,000.  The… Read more »

Phoenix, AZ– Jeff Gorden, CCIM represented a California investor in the sale of Black Canyon Storage in Black Canyon City, Arizona and Rimrock Super Storage in Rimrock, Arizona to an out of state buyer. The portfolio of properties sold for $4,600,000 and closed on December 30, 2020. “We were excited and grateful to see this… Read more »

Phoenix, AZ– Jeff Gorden, CCIM represented an Arizona based investor in the sale of A&G Mini Storage in Flagstaff, Arizona to a California based buyer. The property sold for $1,600,000 and closed on December 18, 2020. “We were excited and grateful to see this sale through. The property had been listed before with another broker… Read more »

Jacksonville, FL- Josh Koerner & Frost Weaver, of Weaver Realty Group, Inc., are pleased to announce the sale of two Class A self storage development sites in South Florida. Tamarac Self-Storage Development Site, located along West McNab Road in Tamarac, closed November 17th, 2020. The property is located on 1.37 acres and includes site plan… Read more »

Hastings, MN- Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis, broker affiliates of Argus Self Storage Advisors, represented the Seller and procured the Buyer for the sale of Dakota Mini Storage in Hastings, MN. The facility consists of 14,550 rentable square feet of self-storage, along with 3,354 square feet of warehouse and office space…. Read more »

Carrollton, GA – Sauls Storage Group, the Argus Self Storage Advisor broker affiliates covering the state of Georgia have had two recent closings, A Quality Storage in Douglasville, GA and Sunset Storage in Jesup, GA. They have managed to complete these deals in spite of the COVID related challenges every industry has experienced this year…. Read more »

Denver, CO- Joan Lucas, of Joan Lucas Real Estate Services, and Ben Vestal and Cole Carosella, of Argus Self Storage Advisors, arranged the sale of Cañon Personal Warehouses and Orchard Personal Warehouses in Cañon City, Colorado. The sale closed October 2020. The seller built these two facilities based on the demand for storage within the… Read more »

Fort Worth, TX- Chad Snyder and Tyler Trahant of Dominus Commercial, sold Country Place Mini Storage in Bridgeport, TX. The facility offers 18,000 square feet and sits on 2 acres. The sale closed on October 5th, 2020 after enduring many COVID related challenges. The collective obstacles emboldened both buyer and seller to make every effort… Read more »

Overland Park, KS- Larry Goldman, CCIM, of Goldman Investment Advisors, facilitated the sale of Dad’s Self Storage in Arkansas City, Kansas which sold to INOSTF, LLC of Wichita, Kansas. The sale closed August 2020. Dad’s Self Storage offers 15,268 rentable square feet of storage and sits on 3.5 acres. The sale is an example of… Read more »