Custer Lane comprises 77,197 rentable square feet in 562 units. Built in 2021 on 4 acres, the property at 17061 W. The seller was represented in the transaction by Shane Avera, associate Maxx Bauman, market leader and Bill Pedersen, market leader, for Matthews Real Estate Investment Services, a commercial real estate investment firm.Ī facility managed by REIT CubeSmart in Surprise, Arizona, sold to a fund sponsored by CBRE Investment Management. comprises 56,490 square feet in 1,070 units. Built on 1.39 acres, the facility at 1620 14th St. In addition, a partnership between Invesco and Dallas-based self-storage developer Baranof Holdings LLC acquired Santa Monica Mini Storage in Santa Monica, California. He’s the son of Nick Sprayregen, who launched the Tuck-it-Away self-storage brand and battled New York State for using eminent domain to seize his property and expand the Columbia University campus. Sprayregen co-founded Knickpoint Ventures, which owns 15 self-storage in Miami and New York City. in Long Island City encompasses 47,000 square feet. in Brooklyn comprises 99,000 square feet, while the property at 3719 Crescent St. Invesco also acquired two Extra Space managed facilities in New York from Matthew Sprayregen for $56.3 million. Together, the locations comprise more than 1,800 units. at 6401 Town Center Drive in Raleigh, and My Neighborhood Storage Center at 112 W.
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They are All Pro Self Storage at 3975 University Parkway in Winston Salem, a property managed by REIT Extra Space Storage Inc. Invesco Real Estate Income Trust Inc., a public non-listed real estate investment trust (REIT), acquired three facilities in North Carolina in partnership with Westport Properties Inc., which operates the US Storage Centers brand. Here’s an overview of additional activity happening in July 2022.
#Ibox self storage gartrell update#
Update 7/27/22 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions.