Wentworth Buys Southern Portfolio

 

Wentworth Property Company acquired a 13-property storage portfolio spanning Texas, Arkansas, Louisiana and Missouri. Wentworth is based in Phoenix.

 

 

 

Marcus & Millichap Brokers Georgia Sale

 

Marcus & Millichap brokered the sale of AC Self Storage in Hiram, Georgia, to Checketts Development, based in Salt Lake City. 

 

Colliers Manages New Jersey Sale

 

Colliers brokered the sale of a storage facility in Delanco, New Jersey, that is managed by Extra Space Storage. The seller was Metropolis Development Group and the buyer was Merit Hill Capital. 

 

Argus Network Sells Arizona Storage

 

The Gorden Group brokered the sale of London Bridge Mini Storage in Lake Havasu City, Arizona. Gorden Group is an affiliate of the ARGUS Self Storage Advisors network.

 

Safeguard Adds to Big Apple Portfolio

 

Safeguard Self Storage acquired a storage facility in Brooklyn, the company’s 31st asset in New York. 

 

10 Federal to Manage Iowa Properties

 

10 Federal has added two properties in West Des Moines, Iowa, to its 3rd party platform. 

 

Argus Promotes Carosella

 

Argus Self Storage Advisors promoted Cole Carosella to partner. 

 

Midcoast Manages North Carolina Transaction

 

Midcoast Properties brokered the sale of South Church Street Self Storage in Burlington, North Carolina, to a regional buyer. 

 

Boardwalk Completes South Carolina Project

 

Boardwalk Development Group has completed its first ground-up development project in South Carolina in Summerville. 

 

Yardi: Conversions Gaining Ground 

Self storage conversions are becoming a greater percentage of the facilities under development, according to StorageCafe. Cities where 100% of the storage construction pipeline is, conversions are now 60%, totaling 2.3 million square feet. 

 

SkyView Brokers Connecticut Deal

 

SkyView Advisors brokered the sale of Talcott Mountain Self Storage in Simsbury, Connecticut. 

 

Devaul Joins Superior as Broker

 

Superior Capital Advisors added Kenneth Devaul to the team as a sales investment broker. He will assist clients in Florida and the southeast region. 

 

Gantry Secures Refi for Pogoda

 

Gantry secured $12 million across two loans to refinance a pair of National Storage facilities for Pogoda Companies. 

 

MV Investment Opens Florida Storage

 

MV Investment has opened a new storage facility in Punta Gorda, Florida. CubeSmart manages the facility.