Industry News

Laurel, MS – Argus Self Storage Sales Network Broker Affiliates Bill Barnhill, CCIM and Shannon Barnhill Barnes, CCIM of Omega Properties, Inc. in Mobile, AL represented the seller of Pine Belt Mini Storage located in Laurel, Mississippi.  The property sold on June 21, 2018 for $515,000 to an out of state buyer.  The facility consisted… Read more »

Tulsa, OK – Argus Broker Affiliate Jared Jones, CCIM of Jones Investment Properties is pleased to announce the sale of Guymon EconoStorage, a 43,700 NRSF, mixed use storage facility located in Guymon, Oklahoma.  This best in the market facility has consistently operated at an above-market occupancy with sound management, marketing, and good facility amenities.  This… Read more »

Kansas City, MO – Argus Broker Affiliate Larry Goldman, CCIM is pleased to announce the sale of a four-property self-storage portfolio located in St. Joseph, MO.  The 204,600 NRSF Attic Storage of St. Joseph Portfolio sold to Red Dot Storage, who will expand their presence in Northwest Missouri and add scale to their holdings in… Read more »

Joan Lucas, of Joan Lucas Real Estate Services, sold Cañon City Self Storage located in Cañon City, CO on June 8, 2018. The property sold for $1,750,000 at a 6.5% cap rate. Comprised of 30,350 rentable square feet and 4,800 square feet of boat and RV parking on 4.4 acres (of which 2.4 acres remain… Read more »

Atlanta, GA – Mike Patterson, CCIM, of Commercial Realty Services of West Georgia, has recently closed four self storage transactions in Georgia and believes that self storage investment capital seems to be shifting away from the primary markets and toward secondary and tertiary market areas in the Southeast.  This is proven out by four Argus… Read more »

Lake Havasu City, AZ – Jeff Gorden and Kyle Topper of Eagle Commercial Realty Services have arranged the sale of Havasu Boat Storage in Lake Havasu City, Arizona.  The boat storage facility sold May 14th, 2018 for $5,700,000.  The property spans just over seven and a half acres and provides 316 units of boat storage. … Read more »

Minneapolis, MN –  The Argus Self Storage Sales Network is proud to announce the sale of Affordable Storage, a self-storage facility located in Princeton, Minnesota.  The property sold on April 27, 2018 for $295,000 to a local operator.  Princeton is approximately 30 miles East of St. Cloud and 50 miles Northwest of Minneapolis.  The facility,… Read more »

Tombstone, AZ –Jeff Gorden and Kyle Topper of Eagle Commercial Realty Services have arranged the sale of Tombstone RV & Mini Storage in Tombstone, Arizona.  The self-storage facility sold April 30, 2018 for $585,000.  The property spans just over one acre and provides 338 units of drive up self-storage.  Eagle Commercial represented the Minnesota-based Buyer…. Read more »

Argus Self Storage Sales Network Broker Affiliates Bill Barnhill, CCIM and Shannon Barnhill Barnes, CCIM of Omega Properties, Inc. represented the seller and assisted the buyer of Cubbyhole Mini Storage located in Hattiesburg, MS.  The property sold on March 19, 2018 to a local buyer for $265,000.  The facility is situated on 1.4 +/- acres… Read more »

Tucson, AZ –Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of Rita Ranch Storage, Car & Dog Wash in Tucson, Arizona.  The self-storage and car wash facility sold March 30, 2018 for $4,200,000.  The property spans just over five-and-a-half acres and provided 396 units of self-storage.  Eagle Commercial represented the Arizona-based Buyer…. Read more »

Shirley, NY – Linda Cinelli, CCIM of LC Realty is pleased to announce the sale of Storage Depot located in Shirley, NY.  Comprised of 46,730 rentable square feet, Storage Depot sold on March 15, 3018 for $10,000,000.  Linda Cinelli who specializes in investment sales, had the exclusive listing to market the property on behalf of… Read more »

Minneapolis, MN –  Argus Broker Affiliate Tom Flannigan of KW Commercial in Minneapolis, MN announces the sale of Twin Cities Self Storage in Chaska, Minnesota.  Tom Flannigan represented the local operator and sourced the buyer to complete the transaction.  The storage facility offered a variety of storage options including climate controlled units consisting of single… Read more »