REBusinessOnline

Bellomy Arranges Sale of 483-Unit Self-Storage Facility in Montgomery, Texas

MONTGOMERY, TEXAS — Bellomy & Co. has arranged the sale of AA Climate Controlled Storage, a self-storage facility located in Montgomery, about 50 miles northwest of Houston. Built in 2003, the property consists of 483 units across 58,685 net rentable square feet of climate-controlled space. Bill Bellomy and Michael Johnson of Bellomy & Co. represented the Houston-based seller in the transaction. The duo also procured the buyer, Katy-based Pinnacle Storage Properties. The sales price …

Acquisitions, Industrial, Self-Storage, Texas

Bellomy Arranges Sale of 941-Unit Self-Storage Facility in Houston

HOUSTON — Bellomy & Co. has arranged the sale of Sentry Self Storage, a 941-unit facility in Houston. Built in 2006, the property is situated on five acres and features climate-controlled units that total 104,025 net rentable square feet. Hugh Horne of Los Angeles-based Charmel Storage Capital, along with Bill Bellomy and Michael Johnson of Bellomy & Co., represented the seller in the transaction. The team also procured the buyer, Public Storage, a self-storage operator and REIT based …

Acquisitions, Industrial, Self-Storage, Texas

Marcus & Millichap Brokers Sale of 94,115 SF Self-Storage Facility in Suburban Detroit

ROCHESTER HILLS, MICH. — Marcus & Millichap has brokered the sale of Rochester Mini Storage in Rochester Hills, about 25 miles north of Detroit. The sales price was not disclosed. The 94,115-square-foot self-storage facility includes units that range in size from 25 to 400 square feet. Both climate-controlled and non-climate-controlled options are available. Brian Kelly, Brett Hatcher and Gabriel Coe of Marcus & Millichap brokered the transaction. An out-of-state buyer purchased the …

Acquisitions, Michigan, Midwest, Self-Storage

Marcus & Millichap Brokers Sale of 351-Unit Self-Storage Facility in Ingram, Texas

INGRAM, TEXAS — Marcus & Millichap has brokered the sale of Lone Star Mini Storage, a 351-unit facility located in Ingram, about 70 miles northwest of San Antonio. The property totals 45,680 net rentable square feet. Jon Danklefs of Marcus & Millichap represented the seller and procured the buyer, both of which were limited liability companies. Other terms of sale were not

Acquisitions, Industrial, Self-Storage, Texas

LeClaire Group Arranges Sale of 673-Unit Self-Storage Facility in Metro Houston

SPRING, TEXAS — The LeClaire Group, a division of Marcus & Millichap, has arranged the sale of AAA Spring Storage, a 673-unit self-storage facility located in the northern Houston metro of Spring. Built in 2005, the property totals 79,778 net rentable square feet and includes 77 rentable outdoor parking spaces and 14 climate lockers. Dave Knobler and Charles LeClaire of The LeClaire Group represented the undisclosed seller in the transaction. The buyer was also not

Acquisitions, Industrial, Self-Storage, Texas

Bellomy Arranges Sale of 601-Unit Self-Storage Facility in Metro Houston

SPRING, TEXAS — Bellomy & Co. has arranged the sale of Gleannloch Storage, a 601-unit self-storage facility located in the northern Houston suburb of Spring. The property offers more than 202,500 net rentable square feet and features climate-controlled units and boat/RV storage spaces. Bill Bellomy and Michael Johnson of Bellomy & Co. represented the seller, Gleannloch Storage LLC, in the transaction. The buyer was an undisclosed, out-of-state

Acquisitions, Industrial, Self-Storage, Texas

Bellomy Brokers Sale of 246-Unit Self-Storage Facility in Houston

HOUSTON — Bellomy & Co. has brokered the sale of Alief Westwood Storage, a 246-unit self-storage facility located about 16 miles southwest of downtown Houston. Situated on 5.3 acres with room for expansion, the property features more than 64,000 net rentable square feet. Bill Bellomy and Michael Johnson of Bellomy & Co. represented the seller, a Houston-based family partnership, in the transaction. The duo also procured the undisclosed, Austin-based

Acquisitions, Industrial, Self-Storage, Texas

Platinum Storage Group to Develop 1,087-Unit Self-Storage Facility in Oakland

OAKLAND, CALIF. — Orange County-based Platinum Storage Group is developing Storage Direct Oakland, a self-storage facility in Oakland. With construction is slated to begin immediately, the four-story, 155,000-square-foot property will feature 1,087 self-storage units. Completion is scheduled for July 2019. Platinum's portfolio comprises 2.5 million square feet of space with a value of approximately $250

California, Development, Industrial, Self-Storage, Western

Levin Johnston Arranges $25M Sale of Two Self-Storage Facilities in Silicon Valley

LOS GATOS, CALIF — Levin Johnston of Marcus & Millichap has arranged the sale of two institutional-quality self-storage facilities located at 688 University Ave. and 17443 Farley Road West in Los Gatos within California's Silicon Valley. A private high-net-worth family acquired the assets for $25 million. Constructed in 1999 and 2005, the Stor' It Los Gatos facilities feature a total of 785 self-storage units, ranging from 25 square feet to 300 square feet, and in a mix of …

Acquisitions, California, Self-Storage, Western

Loeffler Negotiates $4.5M Sale of Self-Storage Facility in Northern California

REDDING, CALIF. — Loeffler Self-Storage Group has arranged the sale of All-Preferred Mini-Storage, a self-storage facility located in Redding. The Raudman Family sold the property to a local investor for $4.5 million, or $57.62 per square foot. Situated on 3.9 acres, the 78,095-square-foot facility features 530 storage units and a cellular antenna. The property comprises 13 single-story buildings with asphalt drive aisles, plus a manager's office and residence. Bobby Loeffler and Tyler …

Acquisitions, California, Industrial, Self-Storage, Western

Content Partners

Alliant Credit Union