Recent Closings
A sampling of our recent closings.
SELF STORAGE |
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Blue Water Self Storage Listing Agents: Michael A. Mele |
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Blue Water Storage Center and Retail Plaza represents an investment opportunity with all of the elements that one would look for: high density location on a main thoroughfare with excellent accessibility, excellent demographics and a state-of-the-art facility. Blue Water Storage Center and Retail Plaza is located at 9119 Merrill Road, Jacksonville, Florida. The facility is situated on approximately 10.38 acres. The asset was constructed in 1990 and renovated in 2008. |
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Next Door Storage Listing Agents: Kevin Menendez |
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Next Door Storage is a great opportunity for an investor to buy a stabilized self storage facility with upside potential in occupancy. Constructed in 1977, expanded in 1985, and renovated in 2013 and 2014, the facility is situated on approximately 4.19 acres and consists of 579 units for a total of 58,100 net rentable square feet. The facility is fully fenced with an electronic gate allowing for a secure storage option for the local community. The buildings feature concrete block construction on a concrete foundation. The facility features wide driveways and both climate- and non-climate-controlled storage units. Outside units have drive-up unit access with roll-up doors, allowing for easy accessibility. |
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Value Self Storage Listing Agents: Michael A. Mele |
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Value Self Storage – Venice is located on South Tamiami Trail, less than five miles south of Interstate 75. The facility sits on approximately 2.67 acres and is comprised of 48,970 net rentable square feet with 647 climate- and non-climate-controlled storage units and boat or RV parking. The property is 90 percent physically occupied and 89 percent economically occupied. Amenities include a rental office, perimeter fencing, video surveillance, and gated access. |
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Stow Away Storage Listing Agents: Sean Delaney |
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Perimeter Self Storage Listing Agents: Michael A. Mele, Luke Elliott |
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Perimeter Self Storage represents a rare self-storage investment opportunity with all of the elements that one would look for: stable, long term cash flow with substantial upside potential, high-density residential location on a main thoroughfare with excellent accessibility, excellent demographics, and a growing population. The facility was built in 1996 and expanded with the addition of two storage buildings in 2000. Total rentable square footage is 45,828 with 40 percent currently climate-controlled space. Amenities include 24-hour video surveillance, electronic gate access, fully fenced facility, and wide driveways for easy access. Total land area of the storage facility is 2.82 acres. |
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Safeguard Self Storage Portfolio Listing Agents: Michael A. Mele |
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This offering is comprised of two self storage facilities totaling 128,083 rentable square feet and is located in Baldwin, New York and Ridgefield, New Jersey. The properties consist of 1,302 climate-controlled and heated-only self storage units. The facilities have key pad access and are fully monitored by video surveillance, guaranteeing secure storage. Both properties have excellent occupancy with the upside of increasing economic occupancy. The Ridgefield property offers the opportunity of additional income by renting the onsite 1,500-square foot apartment and 1,800-square foot studio space. This portfolio is strategically located in New York and New Jersey with convenient commutes to New York City. Each property is visible along roads with high traffic counts and strong demographics with numbers well above the national average for population and average household income. |
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Additional Storage of Palm Bay Listing Agents: Michael A. Mele, Luke Elliott
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Additional Storage of Palm Bay represents a rare opportunity for an investor to buy a fully occupied, institutional quality asset with the ability to realize additional upside by increasing rental rates to market standards. This property is conveniently located just west of Interstate 95 on the highly traveled Malabar Road in Palm Bay, Florida. At this facility there are 7 buildings with a total of 122,690 net rentable square feet. The site is fully secured by a perimeter fence with electronic gate access and is monitored by surveillance cameras to ensure safe storage. There are a total of 1,110 units that range in size from 25 square feet to 300 square feet and include additional boat and RV parking. Constructed in 2000 and expanded in 2006, the facility has wide driveways with easy unit accessibility. |
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Berkley Self Storage Listing Agents: Michael A. Mele, Bobby Bloch |
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Berkley Self Storage represents an excellent investment opportunity with substantial upside potential, as an expansion was recently completed. Lease of the just-added 19,800 square feet has not yet begun. Available revenue enhancements include a tenant insurance program, truck rental program, and active revenue management. There is also a three-suite office, in addition to the storage management office, that can be leased for additional revenue. Berkley Self Storage is located at 201 Berkley Road Northeast, Roanoke, Virginia. The facility is situated on approximately 7.25 acres, and of that, approximately three fully entitled acres remain for additional storage development. The first phase of the facility was constructed in 2002 and expanded in 2014. The facility consists of 364 units for a total of 54,350 net rentable square feet, and an additional 15,780 square feet approved for vehicle (boat and RV) parking. |
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