Steve Mellon
Wasatch Storage Partners Sells Nashville-Area Portfolio
National Western Life Insurance Co. provided a $12 million loan for the acquisition of 1,200 units in Murfreesboro, Tenn.
StorageMart Acquires 2 Facilities in Kansas City
At the time of sale, the buyer received a $16.7 million loan from First National Bank of Omaha.
Compass Self Storage Expands Miami Footprint
As part of the sale, the company assumed the existing debt on the 37,242-square-foot facility, a $5.2 million CMBS loan.
Public Storage Purchases New York, Boston Portfolio
Banner Real Estate Group sold three properties which comprise nearly 3,600 units.
National Storage Affiliates Buys Texas Portfolio
The company has purchased nine properties totaling nearly 5,000 units in the Houston, San Antonio and Austin markets.
JLL Brokers 3 Self Storage Sales
The firm arranged the sales of two Houston-area facilities and one property located in Crestwood, Ill. The assets changed hands in separate deals.
2-State Self-Storage Portfolio Changes Hands
Cushman & Wakefield and JLL teamed up to represent the seller of the institutional-caliber properties, which serve upscale areas of Los Angeles and Houston.
Public Storage Buys 360 KSF Minneapolis Portfolio
In a deal facilitated by JLL Capital Markets, Pegasus Group sold six properties totaling 3,243 units, with an average occupancy of nearly 90 percent.
Merit Hill Buys Texas Storage Facility
The company has expanded its portfolio with a 782-unit self-storage asset located in Baytown, a suburban city nearly 30 miles from downtown Houston.
JV Buys Minnesota Storage Portfolio
The portfolio includes two properties located in White Bear Lake and Lake Elmo, Minn. and totaling 153,000 square feet of storage space. JLL’s Capital Markets team arranged the sale of the facilities.