Storage Wars: The October Edition - Who's Stashing and Who's Cashing?
A quick dive into the latest self-storage real estate acquisitions and sales in October 2023, as reported by Inside Self-Storage. Get the scoop on who's buying, who's selling, and what it all means for the industry.
October's Self-Storage Real Estate: A Game of Square Feet and Millions
Inside Self-Storage recently published an article detailing the self-storage real estate acquisitions and sales for October 2023[^1^]. The piece is a comprehensive overview of the latest market transactions, featuring critical players like Strategic Storage Growth Trust III Inc., StorageMart, and Shurgard Self Storage Ltd., among others.
It's like a game of Monopoly, but with real buildings and real money. Strategic Storage Growth Trust III Inc. added a five-story facility in Tamarac, Florida to its portfolio. StorageMart, not to be outdone, acquired three Store Space Self Storage facilities in Wisconsin. Meanwhile, Shurgard Self Storage Ltd. went international, acquiring the Top Box Self Storage portfolio in Germany for a cool €69.2 million.
But wait, there's more! Argus Self Storage Advisors and The Hatcher Coe Group of Marcus & Millichap brokered various sales. From Madison Southside Storage in Minnesota to an unnamed two-property portfolio in Connecticut, the self-storage real estate market is as bustling as a squirrel preparing for winter.
Index
- Strategic Storage Growth Trust III Inc.: No Twitter handle available
- StorageMart: @StorageMart
- Shurgard Self Storage Ltd.: No Twitter handle available
- Argus Self Storage Advisors: No Twitter handle available
- The Hatcher Coe Group of Marcus & Millichap: No Twitter handle available
- Inside Self-Storage: @InsideSelfStorag
Sources
[^1^]: Inside Self-Storage: Self-Storage Real Estate Acquisitions and Sales: October 2023