CBRE Handles West Coast Sale

 

CBRE brokered the sale of a three-property portfolio to Westport Properties. The facilities are located in Costa Mesa and San Pedro, California, and Vancouver, Washington.

 

 

 

 

Highline, Heitman Form Partnership

 

Highline Storage Partners formed a joint venture with Heitman to invest in storage development and acquisitions.

 

Storage Solutions Opens Spokane Location

 

Storage Solutions Appleway opened in Spokane Valley, Washington, the 8th in its portfolio. West Coast Self-Storage will manage the property.

 

ARCO/Murray, Baranof Open California Asset

 

ARCO/Murray and Baranof Holdings completed a new storage facility in Santa Monica, California. Trunk Space Storage will operate the facility.

 

Keaton to Retire from CubeSmart

 

Joel Keaton, CubeSmart’s chief operating officer, will retire in April. Amy Cross has been named executive vice president, technology, data science and marketing. Guy Middlebrooks has been named executive vice president, operations.  

 

MJ Partners Brokers Multiple Deals

 

MJ Partners brokered several transactions totaling $68 million for facilities in New Jersey, Illinois and Minnesota.

 

Marcus & Millichap Handles St. Louis Sale

 

Marcus & Millichap brokered the sale of Baumgartner Road Storage in St. Louis, Missouri. The buyer was an out-of-state investor.

 

Developers Plan Storage in Deer Park

 

Hernandez Development and XSITE Real Estate will develop a self storage facility on a six-acre site in Deer Park, Illinois. Extra Space Storage will operate the facility.

 

Talonvest Locks In Loan for Guardian

Talonvest Capital secured two loans for Guardian Storage for facilities in Superior and Greeley, Colorado.

 

Meridian Brokers Georgia Deal

 

Meridian Storage Group brokered the sale of Storage Max in Dublin, Georgia.

 

Hwy 5 Buys Georgia Facility

 

Hwy 5 Self Storage acquired a storage facility in Marietta, Georgia. The property is managed by Absolute Storage Management.