Industry News

The LC Realty Team, an affiliate with Argus Self Storage Advisors, announce the sale of Amwell Valley Self Storage, a 27,400 square-foot self-storage facility located in Ringoes, NJ. Linda Cinelli and Edan Cohen of LC Realty were exclusively retained to represent the Seller, an independent owner and manager who originally developed the facility in 1992,… Read more »

Minneapolis, MN- Tom Flannigan, Alex Ihrke and Matt Haugen of KW Commercial Minneapolis represented the seller for the sale of Inver Grove Storage in Inver Grove Heights, MN. The property sold for $1,851,000 and consists of 36,630 rentable square feet of outdoor storage and 10,240 rentable square feet of shipping containers. Tom, Alex, and Matt… Read more »

Minneapolis, MN- Matt Haugen, Alex Ihrke and Tom Flannigan of KW Commercial Minneapolis represented the seller and procured the buyer for the sale of United Township Self Storage in East Moline, Illinois. The facility sold to a regional buyer and consists of 216 units, 6,850 rentable square feet of climate controlled self-storage and 23,100 rentable… Read more »

Jacksonville, FL- Weaver Realty Group is pleased to announce the sale of the Highbanks Mini Storage, located at 5 Sanctuary Avenue, DeBary, FL. This well-established, 2.1-acre self-storage facility includes 12,600 GRSF of drive-up self-storage units as well as 48 boat & RV parking spaces and was 97% occupied at the time of sale. Weaver Realty… Read more »

Jacksonville, FL- Josh Koerner and Frost Weaver, of Weaver Realty Group, are pleased to announce the sale of a Self-Storage Development Site, located at 366 S. Congress Ave in West Palm Beach, FL. Weaver Realty represented the Seller in this transaction with a closing on November 29, 2021. This 1.309-acre parcel was zoned for two… Read more »

Phoenix, AZ– Jeff Gorden of KW Commercial, arranged the sale of a 4-acre self-storage property located right off of Highway 89 in Flagstaff, Arizona. Hanes Storage sold on December 15, 2021. This Storage has 72,200 rentable square feet and contains 399 units. Jeff Gorden shared the following about the sale, “At the Gorden Group we… Read more »

Jacksonville, FL- Weaver Realty Group is pleased to announce the sale of High Springs RV/Boat Storage, located at 26020 W US-27 in High Springs, FL. Weaver Realty represented the Seller in this transaction with a closing on November 18, 2021. This 8.13-acre lease-up and development opportunity included 36 existing RV/Boat slips with approvals for an… Read more »

Jacksonville, FL- Josh Koerner and Frost Weaver, of Weaver Realty Group, are pleased to announce the sale of a Self-Storage Conversion Property, located at 3670 North L Street in Pensacola, FL. Weaver Realty represented the Seller in this transaction with a closing on November 11, 2021. This 4-acre property consisted of 2 existing climate-controlled buildings… Read more »

Evansville, IN- Rob Schick of Argus Self Storage Advisors, represented the seller on a 10-acre self-storage development site in Anderson, IN. The site has over 400’ of frontage on Broadway. The development plans call for 570 units, 63,000 GRSF of storage, canopied RV storage and outside parking.  The property was sold to a regional buyer…. Read more »

Overland Park, KS- Larry Goldman, CCIM, of Goldman Investment Advisors, is pleased to announce the sale of a three property self-storage portfolio in Hot Springs, Arkansas. The facilities offer a combined rentable square footage of 181,952 and sit on a total of 16 acres. NSA Property Holdings (Blue Sky Storage) acquired the three property, 1,013… Read more »

Minneapolis, MN- Tom Flannigan, Alex Ihrke and Matt Haugen of KW Commercial Minneapolis are please to announce the sale of a 3-property portfolio. The KW team represented the seller and procured the buyer for the sale of the portfolio with locations in Minnesota and Wisconsin. The facilities consist of a total of 53,945 rentable square… Read more »

Tulsa, OK- Jared Jones, CCIM, is pleased to announce the sale of Bowman Storage, located in Lawton, OK. Bowman Storage is a stabilized 98,000 rentable square foot storage facility that was sold by the original developer to a local, private Buyer.  The property has significant upside available through increased focus on revenue management strategies and… Read more »