Industry News

Fort Worth, TX – The Argus Self Storage Team of Chad Snyder and Richard Minker represented the sellers of Big Red Self-Storage in the sale of their Belton, TX facility.  The 108,000 square foot, 761 unit complex was acquired by Iron Guard Storage in an off market marketing effort. The Colliers/Argus team cultivated their client/broker… Read more »

Jim Rueter of Grand Ave. Realty, is pleased to announce the sale of Beale/Yuba College Self Storage. The transaction closed on March 22nd, 2019. The self-storage facility sits on 1.79 acres near Yuba College and Beale Air Force Base in Marysville, CA. The property currently has 49 units with the expansion potential for up to… Read more »

Joseph Mendola of NAI Norwood Group of Bedford, NH., represented the seller and assisted the buyer in the sale of Exit 17 Self Storage. This property is located in the Upper Valley of New Hampshire which is an anomaly market. The area has a high concentration of businesses and a major College. The available land… Read more »

Minneapolis, MN – Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis, an affiliate of the Argus Self Storage Network, marketed and sold Two Harbors Self Storage in Northern Minnesota. The property sold for $1,000,000 on March 15, 2019 to a local operator. Located north of Duluth Minnesota, Two Harbors Self Storage facility consists of… Read more »

Minneapolis, MN – JK Self Storage in Waite Park Minnesota and All Seasons Self Storage in Little Falls Minnesota sold together on March 15th, 2019. The two-property portfolio sold for $2,250,000. The purchase price represents an 8.8% cap rate. The two facilities consist of 62,870 rentable square feet and over 320 units. The properties were… Read more »

Joseph Mendola of NAI Norwood Group and David and James Stubblebine of The Stubblebine company, collaborated to represent the seller of a 172,000 square foot flex building located across the street from the entrance to the Loop, a major power/entertainment Mall in Methuen, MA. This property was sold to Amerco, the parent company of U-Haul… Read more »

Mableton, GA – Jane H. Sauls and Luke Sauls, Real Estate Advisors at Commercial Realty Services of West Georgia represented the seller and assisted the buyer in the sale of Hillcrest Storage located in Mableton, GA. The 14,800 square foot storage facility sold on February 15, 2019. This self-storage facility is located just outside the… Read more »

Gulf Breeze, Florida– Argus Self Storage Sales Network Broker Affiliates Bill Barnhill, CCIM, and Stuart P. LaGroue, Sr., represented the seller of Tiger Point Storage located in Gulf Breeze, FL.  The property sold on Dec. 12, 2018 to Move It Management LLC for an undisclosed sum.  The facility was comprised of 61,365 rentable square feet… Read more »

Shirley, New York – The LC Realty Team and the Argus Self Storage Sales Network are pleased to announce the sale of a fully approved 4 acre site which includes 1.99+/- buildable acres for a new, state-of-the-art self-storage facility.  The property sold for $1,450,000 and is currently proposed to be a 57,500 GSF self-storage facility…. Read more »

Joseph Mendola, Senior Real Estate Advisor at NAI Norwood Group, represented the seller and assisted the buyer in the sale of Sand Hill Mini-Storage located in Hinsdale, NH.  The 17,710 square foot storage facility sold on January 11, 2019 for $1,250,000.  This self-storage facility is located on the main street in Hinsdale, NH, just a… Read more »