Industry News

Jacksonville, FL – Josh Koerner and Frost Weaver, of Weaver Realty Group, are pleased to announce the sale of OG Storage Plus, located in Ormond Beach, FL. Weaver Realty represented the seller in the transaction and the sale closed January 15, 2020. OG Storage Plus consists of 12 Office/Warehouse units with 42 Storage Units, totaling… Read more »

West Memphis, AR- Larry Goldman, CCIM of RE/MAX Commercial sold the Storage Depot in West Memphis, AR on February 19, 2020. The sale closed for $8,875,000. The Storage Depot is a traditional and climate-controlled self-storage facility which is the market leader in both rental growth and occupancy rates. The buyer, AKA Partners, LLC, based in… Read more »

Jacksonville, FL- Josh Koerner and Frost Weaver, of Weaver Realty Group, are pleased to announce the sale of Kips Mini Storage, located in Chiefland, FL. Weaver Realty represented the seller in the transaction and the sale closed March 2nd, 2020. Kips Mini Storage is a 4.4-acre facility consisting of 229 Units over two locations and… Read more »

Minneapolis, MN- Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis, broker affiliates of Argus Self Storage Advisors, listed and sold East River Mini Storage in Coon Rapids, Minnesota. The property sold for $630,000 which represents a cap rate of 5.7%. Flannigan and Ihrke’s marketing efforts were able to procure a buyer who is using… Read more »

Mobile, AL- Argus Self Storage Advisors, Bill Barnhill, CCIM, and Stuart P. LaGroue, Sr., represented the seller of Cahaba Mini Storage located in Birmingham, AL. The facility consists of 11,560 rentable square feet and 82 regular storage units.  In addition to the storage, there are 15 outside boat/RV parking spaces and a small office building… Read more »

Mobile, AL- Argus Self Storage Advisors, Bill Barnhill, CCIM, and Stuart P. LaGroue, Sr., represented the seller of McCalla Mini Storage located in Bessemer, AL. The facility consists of 26,500 rentable square and 189 regular storage units.  In addition to the storage, there are 42 outside boat/RV parking spaces.  The buyer, BCSS Ventures, LLC, purchased… Read more »

Minneapolis, MN- Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis and Argus Self Storage Advisors listed and sold a 2-property portfolio in central Minnesota. MaxiStorage, with two locations in Alexandria, Minnesota, sold for $1,850,000 to a local group of buyers. The two facilities consist of 45,870 rentable square feet and 265 units with land… Read more »

Jacksonville, FL- Josh Koerner and Frost Weaver, of Weaver Realty Group, are pleased to announce the sale of Fanning Springs Storage. Weaver Realty represented the seller in the transaction and the sale closed December 19, 2019. The facility is located in Fanning Springs, FL with proximity to the city of Chiefland, Fl and is part… Read more »

South Hutchinson, KS- JT Easy Storage is a rural market portfolio, with three locations in two different markets.  Argus affiliates Jared Jones, CCIM and Larry Goldman, CCIM teamed up to represent the financial institution in the disposition of the property to a local buyer, new to the self-storage asset class.  The deal profile was value… Read more »

Phoenix, AZ- Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of development acreage in Marana, Arizona. The land sold January 8, 2020. The property spans over four- and three-quarter acres and will be used for expansion of the adjacent RV Storage facility. Eagle Commercial represented the Buyer. Jeff Gorden shared the following… Read more »

Minneapolis, MN – Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis, affiliates of Argus Self Storage Advisors listed and sold Northland Self Storage in Cedar Rapids, Iowa. The property consists of 99 units and approximately 14,424 rentable square feet of storage. The sale closed on December 2nd, 2019. Tom Flannigan and Alex Ihrke are… Read more »