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14

Transactions and Deals: June 14, 2021

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Transactions and Deals: June 14, 2021

Colliers Brokers Texas Sale

 

Colliers brokered the sale of Allsafe Self Storage in Cedar Hill, Texas. Kyle Newswanger listed the property on behalf of the seller, a private developer, and secured the private investor.

 

SmartStop Buys in California

 

SmartStop Self Storage REIT, Inc, acquired a self storage facility in Riverside, California. This is the company’s 154th property in North America.

 

Florida Developer Plans Tallahassee Deal

 

Largo, Florida, developer Par II Storage intends to build a new self storage facility in Tallahassee, according to Tallahassee Reports. The project is to be completed in June 2022.

 

Two Implement Noke Smart Entry

 

Two of the largest independent self storage owner operators, Strat Property Management, Inc., and SmartStop Self Storage REIT, Inc., have signed agreements to implement the Nokē® Smart Entry access control and security solutions from Janus International Group. Janus is a portfolio company of Clearlake Capital Group, LP and a manufacturer and supplier of building solutions.

 

Lindsey Brokers North Carolina Sale

 

Lindsey Self Storage Group brokered the sale of 10 Federal Storage in Durham, North Carolina. The property was sold to a national buyer.

 

SpareBox Buys 4 Properties

 

SpareBox Storage has purchased four self storage properties from multiple sellers. Three of the facilities are in Edmond, Oklahoma, while the fourth is in Niceville, Florida. The Edmund transactions mark SpareBox Storage’s entry into the Oklahoma market. All three were previously managed by Extra Space Storage.

 

Marcus & Millichap Manages Two Deals

 

Marcus & Millichap brokered the following sales:

SouthPoint Storage in Terre Haute, Indiana.

Life Storage in San Antonio, Texas. Jon Danklefs marketed the property on behalf of the seller and procured the buyers, a JV between Montfort Capital Partners LLC and Blue Vista Capital.

 

Cornerstone Portfolio Changes Hands

 

Bellomy & Co. brokered the sale of the three-property Cornerstone Storage Portfolio in Iowa, in the Omaha/Council Bluffs MSA.  

Bill Bellomy and Michael Johnson represented Cornerstone Storage LLC, the Nebraska based seller, and procured the Missouri and Pennsylvania undisclosed buyers.

 

SkyView Brokers Ohio Deal

 

SkyView Advisors brokered the sale of American Storage Units in Kent, Ohio.

SkyView's Richard Riddle, Zachary Urow, and Ryan Clark represented the seller

 

Raleigh Storage Sells

 

Berkshire Hathaway CRE brokered the sale of Capital Boulevard Storage in Raleigh, North Carolina. Brokers Parker Sweet, Cameron Vale, and Liam Snyder represented the seller, and secured the buyer, both private entities.

 

Talonvest Recognized for Charity

 

The Orange County, California, Ronald McDonald House recognized Talonvest Capital, Inc. for the 2021 Ronald McDonald House Walk for Kids event, which raised over $204,000. This is the 7th year Talonvest has received the top fundraising honor.

 

 

 

 

 

| Categories: | Tags: Allsafe Self Storage, Colliers, SmartStop Self Storage REIT, Par II Storage, Janus International Group, Nokē® Smart Entry, Lindsey Self Storage Group, SpareBox Storage, Marcus & Millichap, Berkshire Hathaway, Talonvest | View Count: (440) | Return

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