William Warren Buys Two

 

William Warren Group bought a pair of storage facilities in Woodland Hills and Diamond Bar, California, for $69.6 million. The seller was Storage, Etc.

 

 

 

Marcus & Millichap Brokers Deals

 

Marcus & Millichap brokered the following sales:

•    Eldon Self Storage in Eldon, Missouri, for $1.5 million. Sean Delaney and Robert Cook marketed the property on behalf of a Missouri-based limited liability company, and secured the Missouri-based limited liability company buyer.
•    Sun Basin Self Stor in Othello, Washington, for $5.5 million. Christopher R. Secreto marketed the property on behalf of a limited liability company, and secured the buyer, a family trust.

 

SmartStop Snags 800 Award

 

SmartStop Self Storage REIT Inc. was honored with an “800 Award” in the home-services category from Reputation. The award recognizes businesses that consistently provide exceptional customer service as determined by online reviews with an average rating of at least 800.

 

Public Storage Buys in Virginia

 

Public Storage acquired Chesdin Storage in Petersburg, Virginia, for $4.5 million from a private owner. Virtual Realty Partners and Michael Morrison of Midcoast Properties Inc. represented the seller.

 

Flagship Invests in Florida

 

Flagship Companies Group in a joint venture with Blue Vista Capital Management broke ground on two storage facilities in Land O’Lakes and Cocoa, Florida. The JV secured a $10.5 million loan from American Momentum Bank.

 
North Carolina Asset Sells

 

Midcoast Properties, Inc. brokered the sale of Heartland Drive Self Storage in Kernersville, North Carolina, to a regional buyer. Michael Morrison represented the seller.

 

Manhattan Mini Envelopes Theatre

 

Manhattan Mini Storage will expand into the space previously occupied by a dinner cinema in the Upper East Side of Manhattan, New York. The additional storage will open by 2024.

 

Cogent Bets on Florida

 

Cogent Capital Management will build a storage facility in Lakeland, Florida., according to The Ledger.

 

Wentworth Buys in California

 

Wentworth Property Co. has purchased two storage facilities in Roseville, California.

 

Cape Coral Considers Storage Halt

 

The City Council of Cape Coral, Florida, was set to discuss halting permits, site plans and development for self storage at an April 5 public hearing. The moratorium would be within all zoning districts through January 2024.

 

Prime Buys Florida Asset

 

Prime Storage Group acquired a Public Storage (managed) property in Port St. Lucie, Florida. Marcus & Millichap brokered the deal on behalf of the seller, Mequity Cos.

 

MV Investment Sells in Tallahassee

 

MV Investment sold a new facility in Tallahassee, Florida, to an undisclosed buyer.

 

Paradigm Adds in Mixed-Use

 

Paradigm Development Partners opened a new facility within its Clay Town Center mixed-use development in Middleburg, Florida. The property operates under the Life Storage brand.

 

Storage Ninjas Buys in Texas

 

Storage Ninjas acquired Haslet Boat & RV Storage in Haslet, Texas. The deal was in conjunction with Upper Space Group. a New York development company.