Transactions and Deals: January 1, 2023
posted on 1/1/2023 1:53:00 PM
Texas Property Trades
Marcus & Millichap brokered the sale of K&D Storage in Leander, Texas. Arol Horkavy and Jon Danklefs marketed the property on behalf of a personal trust and secured the buyers, Dallas-based Montfort Capital Partners.
William Warren Secures Loan
Talonvest Capital, Inc., along with their client, William Warren Group, closed a $21.5 million loan secured by a storage facility in Hawthorne, California. Talonvest team members responsible for this transaction included Kim Bishop, Eric Snyder, Mason Brusseau, and Thalia Tovar.
Stoic Plans Pensacola Asset
Private equity company Stoic Equity Partners is building a storage facility in Pensacola, Florida, that will include virtual-only management by StoreEase.
Argus Brokers Minnesota Deal
Argus Self Storage Advisors brokered the sale of Lakeside Self Storage in Spicer, Minnesota, to a regional operator. Tom Flannigan, Alex Ihrke and Matt Haugen listed the property on behalf of the seller. The sales team represents the Iowa, Minnesota and North Dakota broker affiliates for Argus.
SkyView Manages Indiana Sale
SkyView Advisors brokered the sale of Main Street Storage in Fort Wayne, Indiana. Alexander Field and Scott Schoettlin managed the transaction.
Storage Planned Near Garden
The Atlanta Botanical Garden has negotiated a land swap deal with a self storage facility on land it wants to expand its gardens. In return, the Garden will build a new self storage facility for the owners on nearby land. The swap allows the garden to expand onto seven acres of commercial properties.
SmartStop Buys California Facility
Strategic Storage Growth Trust III, Inc. acquired a storage facility in Chula Vista, California. The property will be rebranded SmartStop Self Storage.
Connecticut Approves New Storage
The Orange, Connecticut town planning commission approved an application by Montar Group LLC for a storage facility.
Charity Storage Gains Self Storage Plus
Self Storage Plus enrolled 60+ storage facilities in Charity Storage. With Charity Storage, 90% of auction funds are donated to qualifying organizations.
Tags: K&D Storage
, William Warren Group
, Argus Self Storage Advisors
, SkyView Advisors
, Atlanta Botanical Garden
, SmartStop Self Storage
, Self Storage Plus
, Charity Storage
, Montar Group
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