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17

Transactions and Deals: March 17, 2025

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Transactions and Deals: March 17, 2025

SkyView Handles Southern Sales

 

SkyView Advisors brokered the following sales:


•    Mr. Store It in Myrtle Beach, South Carolina.
•    CubeSmart (managed) in Socorro, Texas.

 

 

 

SurePoint Plans Two Texas Projects

 

SurePoint Development will develop two storage facilities in the Houston, Texas, area. Construction on a Missouri City facility will begin this summer. Construction is expected to begin near the end of 2025 on a facility in Humble.

 

Duffy Named Arcland CFO

 

Mike Duffy has joined Arcland Property Company and Self Storage Plus as chief financial officer. Duffy spent 15 years with Hilton.

 

Devon, Inland Complete Development

 

Inland Real Estate Investment Corp. and Devon Self Storage completed a new storage facility in Springfield, Massachusetts.

 

StorageDefender Releases WMP 3.5

 

StorageDefender will release WMP 3.5, an enhancement to its Web Management Portal and software platform. The new version includes an expanded integration of +VisualVerify.

 

Urow Brokers Three Sales

 

Urow Real Estate brokered the following sales:


•    AAA Private Self Storage in Carrolton, Georgia.
•    Turner Field Self Storage, Albany, Georgia.
•    The Attic Storage in Longmont, Colorado.

 

Spartan Makes Arkansas Investment

 

Spartan Investment Group closed on three facilities in Arkansas. The properties are in Bentonville, Rogers and Springdale. Extra Space Storage will manage the properties.

 

Marcus & Millichap Handles Sales

 

Marcus & Millichap brokered the following sales:


•    StorQuest Self Storage (managed) in Kea-au, Hawaii. The seller was a Hawaii-based LLC, and the buyer was Baranof Holdings.
•    US Storage Centers portfolio of seven properties in Texas, Tennessee, Florida and Arizona. The buyer was Strategic Storage Growth Trust III, which operates SmartStop Self Storage REIT.

 

Neighborhood Storage Enacts SSM

 

Self Storage Manager implemented its SSM Cloud platform at Neighborhood Self Storage’s 11 properties in Virginia and Maryland.

 

Talonvest Secures Las Vegas Loan

 

Talonvest Capital arranged an $11.9 million bridge loan for a facility in North Las Vegas, Nevada, for Madison Capital Group.  

 

Lindsey Sells Minnesota Asset

 

Lindsey Self Storage Group brokered the sale of Ramsey Storage Center in Ramsey, Minnesota.

 

Boxwell Adds Hallway Systems

 

Boxwell expanded its product line to include hallway systems for interior doors. The all-steel structures provide a way to maximize storage space in building retrofits and new construction.

 

Meridian Handles Tennessee Sale

 

Meridian Storage Group brokered the sale of a storage business in Murfreesboro, Tennessee.

 

 

 

 

 

| Categories: | Tags: SkyView Advisors, SurePoint Development, Self Storage Plus, Devon Self Storage, StorageDefender, Urow Real Estate, Spartan Investment Group, Marcus & Millichap, Self Storage Manager, Talonvest Capital, Lindsey Self Storage Group, Boxwell, Meridian Storage Group | View Count: (156) | Return

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