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Words of Development Wisdom for the New Year

As Jernigan Capital begins the New Year, we continue to see opportunities to invest in the development of the highest quality facilities in the best markets and submarkets around the country.

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1/23/2019

The LeClaire Group Sells CA Self Storage Facility

Self storage real estate investment trust (REIT) Public Storage has purchased a self storage facility in Arvada, Calif., for $8.85 million that was branded and managed by Life Storage, also a REIT.

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1/21/2019

JLL Sells Pasadena, CA Self Storage Facility

Access Self Storage in Pasadena, Calif., was sold to FollettUSA. The property at 10800 Red Bluff Road opened in 2017 and contains 522 units.

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1/21/2019

Storsafe Self Storage of Gibsonton, FL Sold

The Colliers International Self Storage Group is pleased to have represented the seller of Storsafe Self Storage, located in Gibsonton, Florida, to Simply Self Storage.

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1/18/2019

The Mele Group Arranges Self Storage Sale in the Greater Phoenix Area

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Tolleson Self Storage, a 50,450-NRSF self storage facility located in Tolleson

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1/18/2019

The Mele Group Arranges Port St. Lucie, FL Self Storage Sale

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Safe and Sound Storage, a 37,436-NRSF facility located in Port St. Lucie, Fla.

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1/18/2019

Marcus & Millichap Sells Port Angeles, WA Self Storage Facility

An unidentified California-based investment group purchased Airport Road Self Storage in Port Angeles, WA, from an unidentified LLC for $4.25 million. The facility, on about 16.5 acres at 4114 S. Airport Road, provides 293 units in 44,770 square feet

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1/18/2019

Marcus & Millichap Sells California Self Storage Facility

An unidentified family trust in Oregon purchased Bunyan Road Security Storage in Susanville, CA, from an unidentified LLC for $1.25 million. The facility, on 2.16 acres at 1655 Paul Bunyan Road, features 245 units in 29,370 square feet.

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1/18/2019

DPR Investments Purchases Land for Self Storage Development

Businessman Jimmy Day of DPR Investments is making Texas' first Opportunity Zone investment, buying 9.4 acres on the eastern portion of the Brooks development, along City Base Landing in San Antonio, TX. There, he plans to build a self storage facili

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1/18/2019
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