Affiliate For
Southern Texas
 
Peter Meyer
 
 

 

Recent Sales

 
The following list is a sample of the properties we have recently sold for a client, or assisted a - buyer client in acquiring.  The price shown is the list price..
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4 Property Portfolio - Puerto Rico
Property: Self Price: $70,000,000
Type: Storage  
Building Size: 333,183 SF Price/SF: $192.09
Represented the buyer in the purchase of the largest self storage property portfolio in Puerto Rico.  The various locations offer climate control, conventional storage, as well as room for future expansion.
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Storage USA Portfolio
Columbus, OH and Indianapolis, IN
Property: Self Price: $9,400,000
Type: Storage  
Building Size: NA Price/SF: NA
The subject portfolio consists of 5 Storage USA properties which may be purchased individually or as a group.
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Development Site - Philadelphia, PA
Property: Conversion Price: $6,150,000
Type:    
Building Size: 167,000 SF Price/SF: $36.83
Great location in a strong retail area.
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Storage USA Portfolio
Columbus, OH and Akron, OH
Property: Self Price: $5,000,000
Type: Storage  
Building Size: NA Price/SF: NA
The portfolio consists of 2 Storage USA properties which may be purchased individually or as a group.
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Class A Facility - Fairfield, OH
Property: Self Price: $3,550,000
Type: Storage  
Building Size: 86,925 SF Price/SF: $40.83
This offering is an institutional grade property with 24 hour access. There is perimeter decorator fencing, semi trailer access.
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Indianapolis, IN
Property: Self Price: $3,800,000
Type: Storage  
Building Size: 80,000 SF Price/SF: NA
Year Built: 2005 Cap Rate: NA
This offering is an institutional grade property with 24 hour access. There is perimeter decorator fencing, semi trailer access.
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Self Storage Facility - Franklin, IN
Property: Self Price: $3,300,000
Type: Storage  
Building Size: 57,370 RSF Price/SF: $57.52
The subject property is located on a major 4 lane artery, U.S. 31, on a corridor that extends south from Indianapolis to Columbus, IN. Franklin, IN, is just south of Indianapolis.
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Class A Facility - Hamilton, OH
Property: Self Price: $2,600,000
Type: Storage  
Building Size: 364 Units Price/SF: NA
The subject property is a Class A facility with several modern features.  It offers ample room for expansion in order to allow the buyer to expandtheir facility as the market grows.
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Brand New Facility - Hanford, CA
Property: Self Price: $2,300,000
Type: Storage  
Building Size: 43,825 SF Price/SF: $52.48
The subject property is a brand new facility currently in lease up. The area offers strong demographics for self storage with limited existing supply.
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Existing Facility - Lake Charles, LA
Property: Self Price: $1,600,000
Type: Storage  
Building Size: 47,625 SF Price/SF: $33.60
The subject property consists of 538 units and approximately 47,625 rentable square feet. The property sits on approximately 4 acres. The sellers would be willing to sell additional ground to the buyer for expansion or access off of Opelousas Street.
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Bowling Green, KY
Property: Self Price: $1,300,000
Type: Storage  
Building Size: 43,140 SF Price/SF: $30.13
Property consists of 399 units and approximately 43,140 rentable square feet.  It sits on approximately 2 acres and is being offered with the adjacent lot which is approximately 1 acre.  There is an onsite office as well as a 1 bedroom/1 bath apartment.
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Development Site - Kansas City, KS
Property: Land Price: $1,000,000
Type:    
Building Size: NA Price/SF: NA
The following offering is a 3.95 acre parcel located in a high growth area of Kansas City. The land is approved for 65,300 net rentable square feet. All zoning and utilities are in place for development. The property has been rough graded for storage units.
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Hinesville, GA
Property: Self Price: $950,000
Type: Storage  
Building Size: 29,000 SF Price/SF: $32.76
New facility with on-site management.  High traffic and strong demographics.  Stable rental base.
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Sold

New Facility in Lease-up (Los Banos, CA)

Property
Self
Price:
$5,300,000
Type
Storage
Building Size:
63,200 SF
Price/SF:
$83.86
Located in northern California, this brand new, class A facility, is being offered at an 8% cap rate based on 90% occupancy at maturity.  It includes 409 storage units and 166 RV units.
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Sold

Room To Expand - Terrell, TX

Property
Self
Price:
$3,400,000
Type
Storage
Building Size:
110,000 SF
Price/SF:
$30.91
The subject property consists of approximately 10.5 total acres. Currently the facility offers both climate and non -climate space. Approximately 2 acres are available for sale that would be ideal for future expansion. The facility’s features include an onsite office, onsite 2 bedroom and 2 bath manager’s residence, chain link perimeter fencing, 14 security cameras, metal exterior and interior construction, concrete slab foundations, roll up metal doors and concrete drives.
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Sold

Facility and Land - Indianapolis, IN

Property
Self
Price:
$3,100,000
Type
Storage
Building Size:
45,000 SF
Price/SF:
$68.89
Facility on eight acres with four acres to expand into.
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Sold

Approved Conversion - Hazelwood, MO

Property
Self
Price:
$1,700,000
Type
Storage
Building Size:
80,000 SF
Price/SF:
$21.25
The anchor portion of strip center offered for redevelopment. It will be sold fee simple. A Special Land Use Permit for self storage granted on March 1, 2006.  The area is predominantly retail with strong access to highways.
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