Update 12/18/20 – Self-storage properties are constantly changing hands, and
Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in December 2020.
Advantage Storage in Arlington, Texas, sold. Built in 2019, the facility at 1040 W. Sublett Road comprises 95,825 net rentable square feet in 771 units. The seller was represented in the transaction by The Hatcher Group of M&M.
Big Sky Discount Storage & Annex in Susanville, Calif., sold for $2 million to a family partnership based in Yuba City, Calif. The 9.6-acre property at 474-445 Big Sky Blvd. contains 12 single-story buildings comprising 62,980 net rentable square feet in 247 units. The buyer and the seller, Safe-Hold Storage LLC, were represented in the transaction by Bobby Loeffler, president, and Tyler Skelly, national director, of the Loeffler Self-Storage Group Inc., which specializes in self-storage real estate in California and Nevada.