Transactions and Deals: January 17, 2025

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Transactions and Deals: January 17, 2025

Laura Williams-Tracy posted on 1/17/2025 12:50:00 PM

SmartStop Acquires New Jersey Assets

SmartStop Self Storage REIT acquired two storage properties in Clifton and Hillside, New Jersey. SmartStop has an owned or managed portfolio of 211 properties.

ARCO/Murray Builds Arizona Storage

ARCO/Murray partnered with Armstrong Capital Development to develop a new storage facility in Buckeye, Arizona. BriteLock Storage will operate the property.

Anytime, StoreTech Merge

Anytime Storage Property Management and StoreTech Management have merged, combining the management of Superior Storage and Anytime Storage facilities under the new entity.

Colliers Brokers North Carolina Asset

Colliers brokered the $3.7 million sale of Cross Roads Self Storage in High Point, North Carolina.

Lindsey Handles East Coast Sales

Lindsey Self Storage Group brokered the following sales:

• Nelson StoreSecure in Scranton, Pennsylvania, to a private buyer.
• Bronson Self Storage in Bronson, Florida, to a private buyer.

U-Haul Opens New Facility in Wisconsin

U-Haul developed a new moving and storage facility in Schofield, Wisconsin. U-Haul Moving & Storage of Wausau opened in January.

Team Launches National Storage Partners

Hans Hardisty launched National Storage Partners to provide brokerage and consulting to the industry. Nicholas Malagisi and Connie Neville are part of the executive team.

Miller Valentine Buys Florida Site

Franklin Street brokered the sale of a storage development site in Jacksonville, Florida, to Miller Valentine Investments. The seller was Kaufman Lynn Construction.

Moove In Adds in Upstate New York

Moove In Self Storage purchased three storage facilities in Rome, New York.

Team Gets Loan for Texas Project

Andover Lending provided a $21 million construction loan to a joint venture between LaTerra Development and Platinum Storage to redevelop a former retail location in Irving, Texas.

CBRE Brokers 3-Property Portfolio

CBRE brokered the sale of a three-property West Coast portfolio. The properties are in Costa Mesa and San Pedro, California, and Vancouver, Washington. Westport Properties was the buyer. Catalyst Storage was the seller.

| Categories: | Tags: SmartStop Self Storage REIT, ARCO/Murray, Anytime Storage Property Management, Colliers, Lindsey Self Storage Group, U-Haul, National Storage Partners, Franklin Street, Moove In Self Storage, Platinum Storage, CBRE, Westport Properties | View Count: (214) | Return

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About the Author

I am a regular contributor to The Charlotte Business Journal, covering a wide variety of industry news for the weekly publication. The Business Journal was my first client when I began freelancing 10 years ago, and I continue to write for the Journal’s weekly reports and special publications.

I contribute to SSA Magazine, a trade association magazine, and Profile magazine. Over my career I have written for Business North Carolina magazine; North Carolina magazine (a publication of the North Carolina Chamber); USAirways magazine and other publications produced by Pace Communications; Health Living magazine; and The Philanthropy Journal.

For corporate and nonprofit clients I provide copywriting services for marketing materials, video scripts and press releases and deliver media relations services. I also manage ongoing communications through organizational newsletters.

laura@lwtcommunications.bz

Transactions and Deals: January 17, 2025

SmartStop Acquires New Jersey Assets

SmartStop Self Storage REIT acquired two storage properties in Clifton and Hillside, New Jersey. SmartStop has an owned or managed portfolio of 211 properties.

ARCO/Murray Builds Arizona Storage

ARCO/Murray partnered with Armstrong Capital Development to develop a new storage facility in Buckeye, Arizona. BriteLock Storage will operate the property.

Anytime, StoreTech Merge

Anytime Storage Property Management and StoreTech Management have merged, combining the management of Superior Storage and Anytime Storage facilities under the new entity.

Colliers Brokers North Carolina Asset

Colliers brokered the $3.7 million sale of Cross Roads Self Storage in High Point, North Carolina.

Lindsey Handles East Coast Sales

Lindsey Self Storage Group brokered the following sales:

• Nelson StoreSecure in Scranton, Pennsylvania, to a private buyer.
• Bronson Self Storage in Bronson, Florida, to a private buyer.

U-Haul Opens New Facility in Wisconsin

U-Haul developed a new moving and storage facility in Schofield, Wisconsin. U-Haul Moving & Storage of Wausau opened in January.

Team Launches National Storage Partners

Hans Hardisty launched National Storage Partners to provide brokerage and consulting to the industry. Nicholas Malagisi and Connie Neville are part of the executive team.

Miller Valentine Buys Florida Site

Franklin Street brokered the sale of a storage development site in Jacksonville, Florida, to Miller Valentine Investments. The seller was Kaufman Lynn Construction.

Moove In Adds in Upstate New York

Moove In Self Storage purchased three storage facilities in Rome, New York.

Team Gets Loan for Texas Project

Andover Lending provided a $21 million construction loan to a joint venture between LaTerra Development and Platinum Storage to redevelop a former retail location in Irving, Texas.

CBRE Brokers 3-Property Portfolio

CBRE brokered the sale of a three-property West Coast portfolio. The properties are in Costa Mesa and San Pedro, California, and Vancouver, Washington. Westport Properties was the buyer. Catalyst Storage was the seller.

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