Industry News

Minneapolis, MN- Tom Flannigan, Alex Ihrke and Matt Haugen of KW Commercial Minneapolis represented the seller and procured the buyer for the sale of Storage Lounge in Mankato, Minnesota. The multi-level facility sold for $8,100,000 and consists of 759 units. There is a total of 75,734 rentable square feet of climate controlled self storage and… Read more »

Las Vegas, NV– Jeff Gorden of The Gorden Company has arranged the sale of land for storage development in Las Vegas, Nevada. The parcel sold August 24, 2021 and the land development is projected to span just over 20 acres. Jeff Gorden represented the Buyer. Jeff Gorden shared the following about the sale, “The Buyer… Read more »

Carrollton, GA – Sauls Storage Group is pleased to announce the sale of AA Augusta located in Augusta, Georgia. The sale closed August 6, 2021. The self-storage valuation boom is still going strong as properties, large and small, attract investors both near and far. This standalone facility consisted of only 10,075 RSF of self-storage and… Read more »

Carrollton, GA – Sauls Storage Group is pleased to announce the sale of a three-property portfolio in Arnoldsville, Crawfordsville, and Watkinsville, Georgia. The sale closed August 13, 2021. The ultra-competitive self-storage rental market is booming and as a result the self-storage real estate market continues to thrive. This three-store portfolio consists of the primary location… Read more »

Overland Park, KS- Larry Goldman, CCIM, of Goldman Investment Advisors, is pleased to announce the sale of Budget Storage in Hutchinson, Kansas. Storage Space III, of Laramie, WY acquired Budget Storage in Hutchinson, KS on August 5, 2021. The facility is the largest self-storage facility in Hutchinson, KS and will continue to operate as a… Read more »

Branchburg, NJ- LC Realty, Argus Self Storage Advisors Broker Affiliate, and commercial real estate brokerage firm specializing in self-storage investment sales and advisory services in New York and New Jersey, announce the sale of AAA Storage Depot, a 33,552 square-foot self-storage facility located in South Plainfield, NJ. Linda Cinelli and Edan Cohen of LC Realty… Read more »

Phoenix, AZ– Jeff Gorden of The Gorden Group has arranged the sale of Oracle Mini Storage in Tucson, Arizona. The self-storage facility sold July 29, 2021 in conjunction with another property in Pinal County for $3,725,000. The property spans just under half an acre and provides 125 spaces of self-storage. Jeff Gorden represented the Seller…. Read more »

Tulsa, OK- Argus Self Storage Advisors is pleased to announce the sale of the ten recent transactions below in Oklahoma by Jared Jones, CCIM, Advisor in the Tulsa, OK office. Eight properties in Oklahoma totaling approximately 380,000 from a private Seller to a private Buyer. One, 40,000 RSF property in the OKC MSA from a… Read more »

Green Bay, WI– Bruce Bahrmasel, along with Jesse Luke and Scott Rihm of EquiCap Commercial, is pleased to announce the successful closing of Team Storage at 114 N. Military Ave., Green Bay, Wisconsin.  The facility consists of 116,038 NRSF and 472 units and closed in July 2021 for an undisclosed price. Jesse Luke, Managing Partner… Read more »

Fort Worth, TX- The Argus Self Storage Advisors North Texas Team, Chad Snyder and Tyler Trahant of Dominus Commercial, have successfully worked with buyers and owners in completing the purchase and sale of 7 different self storage facility transactions in Q2 of 2021, bringing their half year total to 11 transactions. Chad and Tyler have… Read more »

Minneapolis, MN- Tom Flannigan, Alex Ihrke and Matt Haugen of KW Commercial Minneapolis represented the seller and procured the buyer for the sale of Grays Lake Self Storage in Des Moines, Iowa. The property sold for $475,000 and consists of 9,600 rentable square feet of self storage. Tom and Alex are the Argus broker affiliates… Read more »

Bedford, NH- Albacado Limited Partnership sold a 2.96-acre lot on the corner of Beechwood Dr. and RT.125 in North Andover, Massachusetts to a private equity joint venture. The joint venture has received approvals to develop a state-of-the-art 90,000 2.96-acre. self-storage facility. This site is directly across the street from the redevelopment of a 2.5 million… Read more »