Inside Self-Storage

Marcus & Millichap

Self-Storage Facility in Gulfport, Fla., Sold for $1.1M

The Storage House, a 23,400-square-foot self-storage facility in Gulfport, Fla., recently sold for $1.1 million. The facility was part of an operation that included facilities in Gulfport and Orlando, both of which are displayed together on StoreSafeSelfStorage.net. ...More
May 22, 2012
Posted in News, Real Estate
North Texas Self-Storage Facility Sells in Private, All-Cash Transaction

Bankhead Self Storage in Weatherford, Texas, recently sold in an all-cash transaction between two private investors. Sellers Jim and Barbara Owens developed the 38,115-square-foot facility, which is currently 91 percent occupied, in 2004. Financial terms were not disclosed. ...More
May 2, 2012
Posted in News, Real Estate
Penny Pinchers Self Storage in Charlotte, N.C., Sold for $1M

Penny Pinchers Self Storage, a 49,688-square-foot self-storage facility in Charlotte, N.C., sold for $1,025,000. ...More
April 6, 2012
Posted in News, Real Estate
Florida Self-Storage Facility Sells for $1.7M

Storage Haven, a 37,210-square-foot, self-storage facility in Odessa, Fla., recently sold for nearly $1.7 million. The seller was a limited liability company, and the buyer was a private investor and a first-time self-storage buyer. The source did not reveal if the facility ...More
April 4, 2012
Posted in News, Real Estate
Self-Storage Outlook 2012: Positive Signs in the U.S. Economy Bode Well for Industry Performance and Investment

Positive signs in the U.S. economy could mean improvement in the self-storage sector in 2012. Low interest rates, unemployment and strategic home foreclosures could mean a higher demand for storage space in some areas, and unique opportunities are developing on the ...More
February 5, 2012
Posted in Articles, Real Estate
Florida Self Storage Association Names New Officers

The Florida Self Storage Association (FSSA) recently elected new officers and board members. As Jan. 1, the following officers have assumed their roles. ...More
February 2, 2012
Posted in News
Marcus & Millichap's Hessam Nadji Discusses Commercial Real Estate Strengths on Fox Business

Hessam Nadji, senior vice president and managing director of research and advisory services for Marcus & Millichap Real Estate Investment Services, was featured on a Fox Business exclusive on Thursday, Dec. 29. Nadji shared his opinions on the state of the U.S. economy, ...More
January 17, 2012
Posted in News, Finance, Real Estate
Bay Storage in Washington Sold for $3.8M

Bay Storage in Olympia, Wash., sold for $3.8 million to an unnamed partnership. The 40,560-square-foot self-storage facility, 510 Madrona Beach Road Northwest, has 11 single-story buildings. ...More
January 13, 2012
Posted in News, Real Estate
Brandon Mini Storage of Florida Sold for $2.125M

Brandon Mini Storage, a 52,465-square-foot self-storage facility in Brandon, Fla., was recently sold to a local private investor for $2.125 million. ...More
December 13, 2011
Posted in News, Real Estate
Armor Storage in Utah Sold for $7.2M

Armor Storage in Logan, Utah, sold for $7.2 million. The 479,160-square-foot facility was built in 2002, with a second phase completed in 2005. The single-storage facility is constructed of cinder block and is on 11 acres. ...More
December 5, 2011
Posted in News, Real Estate

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