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12

Transactions and Deals: June 12, 2025

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Transactions and Deals: June 12, 2025

 

Lockhart, Top Hat Sell Florida Asset

 

Lockhart Management Group and Top Hat Commercial Real Estate sold a new storage facility in Davenport, Florida, to Prime Storage.

 

 

Public Storage Opens New LA Facility

 

Design firm Ware Malcomb completed an eight-story Public Storage in the Historic South-Central District of Los Angeles, California.

 

Compass Buys Rhode Island Asset

 

Compass Self Storage acquired a new storage center in Westerly, Rhode Island.

 

Ardent Initiates New Fund

 

The Ardent Companies launched Self-Storage Development Fund III, which aims to raise $150 million for ground-up development for projects in the northeast.

 

Abernethy to Lead MV Investment Strategy

 

MV Investment appointed Reid Abernethy as chief investment officer. He will oversee investment strategy and capital deployment.

 

Rockford Rejects Storage Restrictions

 

A Rockford, Illinois, city council committee rejected a measure that would have pushed self storage into industrial zones and make them more difficult to establish in commercial areas.  

 

Storage Center Opens in Huntsville

 

The Storage Center opened a new facility in Huntsville, Alabama.

 

SmartStop Adds Colorado Facility

 

SmartStop Self Storage REIT acquired a facility in Lakewood, Colorado, near Denver.

 

Go Store It to Launch REIT


Go Store It Self Storage, an affiliate of Madison Capital Markets Group, will launch a real estate investment trust, REIT, this summer to consolidate a large share of its portfolio under one entity to streamline operations.

 

Storage Authority Building in Virginia

 

Storage Authority franchise owners have begun construction of a new facility in Suffolk, Virginia, with opening expected in summer 2026.

 

EquiCap Adds Midwest Talent

 

EquiCap Commercial named Marla Čolić to senior vice president focusing on the Missouri and Kansas markets.

 

SmartStop, SmartCentres Opens in Quebec

 

SmartStop Self Storage REIT, in partnership with SmartCentres, opened a new storage facility in Dorval, Quebec, Montreal, Canada. It’s the company’s first location in Quebec.

 

SkyView Sells South Carolina Property

 

SkyView Advisors brokered the sale of Pelham Road Self Storage in Greenville, South Carolina.

 

 

 

 

| Categories: | Tags: Lockhart Management Group, Ware Malcomb, Compass Self Storage, The Ardent Companies, MV Investment, city council, The Storage Center, SmartStop Self Storage REIT, Go Store It Self Storage, Storage Authority, EquiCap Commercial, SkyView Advisors, SmartCentres | View Count: (16) | Return

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