DECATUR, TEXAS — Marcus & Millichap has brokered the sale of a 689-unit self-storage facility in Decatur, about 40 miles northwest of Fort Worth. Decatur Self Storage was built on a 19.8-acre site in 1980 (expanded in 2018) and comprises 14 single-story buildings that offer a mix of climate-controlled spaces, drive-up storage units, covered parking and specialty storage options for a total of 121,650 net rentable square feet. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller, an undisclosed, family-owned self-storage operator, in the transaction. The duo also procured the buyer, SW Group, a Houston-based private investment firm that owns and operates 17 self-storage facilities throughout Texas. Decatur Self Storage was roughly 94 percent occupied at the time of sale.
CHATTANOOGA, TENN. — Matthews has arranged the sale of a 574-unit self-storage facility located at 606 Manufacturers Road in Chattanooga’s Northshore neighborhood. Extra Space Storage manages the property, which was built in 2021 and offers 75,520 square feet of rentable climate-controlled space. Austin McLeod and Hunter Reynolds of Matthews represented the seller, an unnamed developer, in the transaction. The buyer, a private equity firm based in New York and repeat client of Matthews, purchased the property for an undisclosed price. The facility was 95 percent occupied at the time of sale.
OTTAWA, ILL. — Ottawa Easy Storage has opened with 200 units in its first phase. An additional 200 units is planned for future development. The facility offers a one-year rate guarantee, meaning that rental rates will not increase during a customer’s first year of storage. Sean Garrett of Columbus Development Co. developed the project. The firm also owns local shopping centers North Ottawa Plaza and Columbus Square, and has plans for additional development along East Etna Road. Blunier Builders served as general contractor. Monument provided facility management software. SafeLease and StorageDefender offerings will be available to tenants.
SPICEWOOD, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of Double Horn Storage, a 119-unit facility in the Central Texas city of Spicewood. The facility totals 40,160 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the seller and procured the buyer, both of which were limited liability companies, in the transaction.
DESOTO, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged an $8.2 million loan for the refinancing of Grizzly Self Storage, located in DeSoto, a southern suburb of Dallas. The number of units was not disclosed, but Grizzly Self Storage spans 132,265 net rentable square feet and offers both personal and commercial storage spaces. Doug Brooks of MMCC arranged the 10-year loan on behalf of the undisclosed borrower. The direct lender was also not disclosed.
PHOENIX — Marcus & Millichap has brokered the sale of a 984-unit Extra Space Storage facility in Phoenix. Located at 6316 N. 7th St., the gated-access property features fully climate-controlled units, drive-in loading areas, multiple elevators, onsite management office, 24/7 video surveillance and an interior concrete drive aisle with roll-up doors. The property was built in 2021. Adam Schlosser, Jordan Farrer and Charles “Chico” LeClaire of the LeClaire-Schlosser Group of Marcus & Millichap, in association with Ryan Sarbinoff, Marcus & Millichap’s Arizona broker of record, represented the seller in the transaction.
NEWBURY, MASS. — JLL has brokered the sale of a 686-unit self-storage facility in Newbury, located northeast of Boston. Newbury Self Storage comprises 12 single-story buildings that were built in phases between 2016 to 2023 on a 49.3-acre site. Totaling 111,000 net rentable square feet, the property also includes land for future expansion. JLL represented the seller, an entity doing business as Stowaway Storage Newbury LLC, in the transaction and procured the buyer, Andover Properties.
PORTLAND, ORE. — Marcus & Millichap has brokered the sale of a six-property, 537,962-square-foot self-storage portfolio in Oregon. The properties are located in Ashland, Bend, Prineville, Redmond, Hood River and Hillsboro. Adam Schlosser, Keith Phillips and Dean Trammell of Marcus & Millichap, represented the seller in the transaction. David Tabata of Marcus & Millichap assisted in closing the deal as the broker of record. Totaling 3,545 units, the portfolio includes Secure Storage facilities at 2855 State Highway 66 in Ashland, 63031 OB Riley Road in Bend, 2200 NE Buckboard Lane in Prineville, 3001 NW Canal Blvd. in Redmond, 1400 Tucker Road in Hood River and 4800 NE Cornell Road in Hillsboro. Ground-level access spans the portfolio’s rentable square footage, and two of the six properties include dedicated land for future expansion.
PUYALLUP, WASH. — Colliers has negotiated the $18.4 million sale of Sunset Self Storage, a newly constructed facility located at 5514 152nd St. E in Puyallup, a suburb of Tacoma. An entity doing business as BVDSS Puyallup Owner LLC sold the asset to Mitchell RE Holdings LLC. Completed in 2025, Sunset Self Storage features climate-controlled units, multistory elevator access, modern security systems and a variety of storage options. The asset offers direct access to state routes 512 and 167 and I-5. Jacob Becher and Nate Fliflet of Colliers represented the buyer and seller in the transaction.
THE COLONY, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of a 93-unit facility in The Colony, located north of Dallas. LifeSmart Storage operates the facility, which totals 9,300 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the seller and procured the buyer, both of which were Texas-based limited liability companies, in the transaction.
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