Marcus & Millichap Handles Phoenix Transaction

Marcus & Millichap brokered the following sales:

•    Extra Space Storage in Phoenix, Arizona.
•    A six-property Secure Storage portfolio in Oregon. 
•    An Extra Space Storage managed facility in Malden, Massachusetts.
•    Pleasant Storage in Rockland, Massachusetts, to Patriot Holdings and All Purpose Self Storage.

 

 

Dunson to Lead Sales for Central States

 

Central States Inc. named Melissa Dunson vice president of sales and marketing for the Central States manufacturing business. Dunson joined the company in 2024.

 

Trac-Rite Names Sirstins to Western Sales Role

 
Trac-Rite created a new western regional sales manager position and named Justin Sirstins to the role. The expansion of the sales team reflects Trac-Rite’s support for customers across the western U.S. 

 

Historic Bay Area Buildings Become Storage

 

A group of PG&E service buildings in San Mateo, California, will be converted to self storage, according to The Daily Journal. The project is being developed by Staley Point Capital. 

 

JLL Brokers Maryland Sale

 

JLL Capital Markets arranged the sale of Rockville Self Storage in Rockville, Maryland. The seller was Washington Property Company and the buyer was an Ares Real Estate Fund. SecureSpace Self Storage will operate the property.

 

TractIQ Speeds Past $500M in Deal Listings

 

TractIQ has surpassed $500 million in live self storage deals just weeks after the listings feature launched. The firm also announced a new feature called Buybox, an intelligent matching layer that scores every live listing against the acquisition criteria of verified investors. 

 

Ardent, Ironwood Open Rhode Island Facility

 

The Ardent Companies and Ironwood Development Partners opened a new facility in Woonsocket, Rhode Island. Extra Space Storage will manage the asset. 

 

Talonvest Sources Loan for Clark Investment

 

Talonvest Capital sourced $47.7 million in financing for a six-property Texas portfolio for Clark Investment Group. 

 

JLL Lands Construction Financing for Shadowbrook

 

JLL Capital Markets arranged construction financing for the development of an Extra Space Storage in Glen Rock, New Jersey, on behalf of Shadowbrook Capital. 

 

Former Retail in New York Becoming Storage

 

275 Main Street Associates gained approval from the White Plains, New York, council to convert the lower level of a vacant building into storage. The building is a former Walmart and Burlington Coat Factory location. 

 

Colliers Handles Washington Sale

 

Colliers negotiated the sale of Sunset Self Storage in Puyallup, Washington, for $18.4 million. The seller was BVDSS Puyallup Owner LLC and the buyer was Mitchell RE Holdings.