The Storage Acquisition Group recently facilitated the sale of River Rock Storage located at 4220 Forbes Road, Gastonia, NC, for a total of $20.5 million. The property spans 124,374 square feet and consists of 631 storage units spread across 11.20 acres. The buyer and seller identities have not been disclosed.
SkyView Advisors Closes Sale of Golden Gate Mini Storage
Tampa, FL-based SkyView Advisors has successfully closed the sale of Golden Gate Mini Storage, a facility located within the Lake Havasu City-Kingman AZ metropolitan area. The property offers 52,852 net rentable square feet and is situated on 15.12 acres. There are a total of 360 units across 14 buildings.
Oakside Cos. Announces Two Property Sales
Oakside Cos. has recently announced its involvement in two property sales. Morning Star has purchased Sure Safe Moving & Storage, located at 7872 NC Highway 150 E. Terrell, NC. The sale price has not been disclosed, and the seller’s identity has not been revealed. Sure Safe boasts 70,125 net rentable square feet and consists of two three-story buildings with a total of 508 units.
Another property, Extra Space Storage (managed), located at 1909 Boiling Springs Road in Boiling Springs, SC, was purchased by Regional 1031 Partnership. The sale price has also not been disclosed, and the seller remains private. This property offers 67,720 net rentable square feet divided among eight buildings, with a total of 506 units.
Marcus & Millichap Brokers Sale of Affordable Self Storage
Affordable Self Storage in Denton, TX, has been sold with the assistance of Marcus & Millichap. The property, built in 1973, consists of 332 units and encompasses a total of 47,108 net rentable square feet. The seller was represented by Danny Cunningham and Brandon Karr of Marcus & Millichap, while a Chicago-based investment firm was the buyer.