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14

Transactions and Deals: June 14, 2024

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Transactions and Deals: June 14, 2024

DXD Opens New Jersey Facility

 

DXD Capital completed construction of a storage facility in Toms River, New Jersey. Public Storage will operate the facility.

 

 

 

 

 

Devon Adds 32 to Management

 

Devon Self Storage assumed management of 32 storage properties in five southern states. The portfolio includes nine properties in Louisiana, eight in Mississippi, four in North Carolina, five in South Carolina and six in Texas. The properties increase Devon’s owned and managed portfolio by 27%. Devon is a member of The Inland Real Estate Group of Companies.

 

Prime Storage Acquires 30 Properties

 

Prime Group Holdings acquired 30 self storage properties across 10 states in three separate portfolio transactions. The assets include a 14-property portfolio in the Hudson Valley region of New York, a 5-property portfolio in northern New Jersey, and an 11-property portfolio across eight Midwestern, Southeastern and Northeastern states. The properties will be operated under the Prime Storage brand.

 

Storable Buys StorageAuctions.com

 

Storable acquired StorageAuctions.com, an online platform for storage auctions, creating the only platform offering an end-to-end corporate delinquency solution in-house.  

 

Marcus & Millichap Does Illinois Deal

 

Marcus & Millichap brokered the sale of Self Storage of Beach Park in Beach Park, Illinois, to Extra Space Storage.

 

MV Opens CubeSmart in North Carolina

 

MV Investment completed a new storage facility in Fayetteville, North Carolina. CubeSmart will manage the facility.

 

Silo Opens Georgia Facility

 

Silo Self Storage opened a storage facility in Holly Springs, Georgia. Absolute Storage Management will manage the property.

 

Moove In Lands in Virginia

 

Moove In Self Stroage acquired a storage facility in Ladysmith, Virginia. This is Moove In’s first facility in the state.

 

Pro Storage Launches Investor Platform

 

Newly launched Pro Storage Investors launched its online self storage training and consulting platform for new and experienced investors to analyze, acquire, manage and sell their assets. Pro Storage offers a self-paced, online training program.

 

SkyView Brokers Ohio Sale

 

SkyView Advisors brokered the sale of a storage facility in Westerville, Ohio, near Columbus.

 

Wess Joins Lindsey Self Storage Group

 

Matt Wess has joined Lindsey Self Storage Group as a broker in Colorado. Wess was previously manager of acquisitions at National Storage Affiliates.

 

Huff to Lead Investor Relations at DXD

 

DXD Capital named Martin Huff director of investor relations, where he will work with the company’s network of investors.  

 

IREGC Names Controller

 

The Investment Real Estate Group of Companies promoted Kyle Eichelberger to controller. IREGC operates more than 80 Moove In Self Storage locations.

 

 

 

 

 

 

| Categories: | Tags: DXD Capital, Devon Self Storage, Prime Storage, Storable, Marcus & Millichap, MV Investment, Absolute Storage Management, Moove In Self Stroage, Pro Storage, SkyView Advisors, The Investment Real Estate Group of Companies | View Count: (309) | Return

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