{"id":1004386337,"date":"2020-01-30T01:20:34","date_gmt":"2020-01-30T09:20:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004386337"},"modified":"2025-02-28T00:12:57","modified_gmt":"2025-02-28T08:12:57","slug":"suburban-phoenix-storage-facility-changes-ownership","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/","title":{"rendered":"Suburban Phoenix Storage Facility Changes Ownership"},"content":{"rendered":"<div id=\"attachment_1004386343\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004386343\" data-attachment-id=\"1004386343\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/self-storage-with-more\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg\" data-orig-size=\"1000,800\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Self Storage with More\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Self Storage with More.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg?w=1000\" class=\"wp-image-1004386343 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg\" alt=\"\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg?resize=768,614 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004386343\" class=\"wp-caption-text\">Self Storage with More<\/p><\/div>\n<p>Prime Storage Group has purchased Self Storage with More, a 780-unit facility in Mesa, Ariz., for $7.5 million,&nbsp;according to public records. The new owner took out a $7.1 million loan from Natixis to finance the acquisition. The Storage Acquisition Group brokered the deal.&nbsp;&nbsp;<\/p>\n<p>Located at 5932 E. Brown Road on 3.6 acres, the property was completed in 2006, according to Yardi Matrix data. Situated near the intersection of East Brown Road and North Recker Road, the property is in a densely populated area, close to multiple retail destinations. The facility encompasses 91,569 rentable square feet across six two-story buildings and provides climate-controlled, drive-up and interior units, electronic gate access and 24-hour surveillance.&nbsp;<\/p>\n<p>The Storage Acquisition Group Associate Greg Vanlerberghe and President &amp; CEO Cowles Spencer Jr. managed the transaction. According to a recent Yardi Matrix report, heavy new supply has <a href=\"https:\/\/www.commercialsearch.com\/news\/self-storage-development-weakens-rents-still-down-year-over-year\/\">affected self storage rents<\/a>&nbsp;over the past 12 months. Compared to December 2018, street-rate rents decreased in 24 of the top 31 markets tracked by the data provider.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Natixis provided the new owner with a $7.1 million acquisition loan for the 91,569-rentable-square-foot property. <\/p>\n","protected":false},"author":867,"featured_media":1004386343,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,1601,15],"tags":[34029],"class_list":["post-1004386337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-phoenix","category-west","tag-natixis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Suburban Phoenix Storage Facility Changes Ownership - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suburban Phoenix Storage Facility Changes Ownership\" \/>\n<meta property=\"og:description\" content=\"Natixis provided the new owner with a $7.1 million acquisition loan for the 91,569-rentable-square-foot property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-30T09:20:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T08:12:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/\",\"name\":\"Suburban Phoenix Storage Facility Changes Ownership - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg\",\"datePublished\":\"2020-01-30T09:20:34+00:00\",\"dateModified\":\"2025-02-28T08:12:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg\",\"width\":1000,\"height\":800,\"caption\":\"Self Storage with More.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Suburban Phoenix Storage Facility Changes Ownership\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8\",\"name\":\"Pavel Cazacu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cfe15077847fbaee2c7c211aa5d8fdc4e9058639443e74d746adb526019b7c0f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cfe15077847fbaee2c7c211aa5d8fdc4e9058639443e74d746adb526019b7c0f?s=96&d=mm&r=g\",\"caption\":\"Pavel Cazacu\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/pavelc\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Suburban Phoenix Storage Facility Changes Ownership - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/","og_locale":"en_US","og_type":"article","og_title":"Suburban Phoenix Storage Facility Changes Ownership","og_description":"Natixis provided the new owner with a $7.1 million acquisition loan for the 91,569-rentable-square-foot property.","og_url":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-01-30T09:20:34+00:00","article_modified_time":"2025-02-28T08:12:57+00:00","og_image":[{"width":1000,"height":800,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg","type":"image\/jpeg"}],"author":"Pavel Cazacu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/","url":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/","name":"Suburban Phoenix Storage Facility Changes Ownership - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg","datePublished":"2020-01-30T09:20:34+00:00","dateModified":"2025-02-28T08:12:57+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg","width":1000,"height":800,"caption":"Self Storage with More."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/suburban-phoenix-storage-facility-changes-ownership\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Suburban Phoenix Storage Facility Changes Ownership"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8","name":"Pavel Cazacu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cfe15077847fbaee2c7c211aa5d8fdc4e9058639443e74d746adb526019b7c0f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cfe15077847fbaee2c7c211aa5d8fdc4e9058639443e74d746adb526019b7c0f?s=96&d=mm&r=g","caption":"Pavel Cazacu"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/pavelc\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Self-Storage-With-More.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004386337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/867"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004386337"}],"version-history":[{"count":4,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004386337\/revisions"}],"predecessor-version":[{"id":1004386400,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004386337\/revisions\/1004386400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004386343"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004386337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004386337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004386337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}