ALERT on Self-Storage 
"America's Premier Self Storage Brokers"
January 2012
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In This Issue
Upcoming Events
New Listings
Property Pick
Industry Insights
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Quick Links
Upcoming EventsEvents
Self Storage Association
Winter Executive Ski Workshop
February 4-7, 2013
Beaver Creek, CO


Alabama Self Storage Association

Winter Conference and Tradeshow

February 21, 2013

Barber Motorsports Museum

Birmingham, AL

www.alabamassa.org

 

Florida Self Storage Associaiton

Education Conference & Expo

March 20-22, 2013

Embassy Suites Resort

Orlando, FL

www.floridassa.org

 

Inside Self Storage World Expo

April 3-5, 2013

Paris Hotel & Resort

Las Vegas, NV

www.insideselfstorageworldexpo.com

 

Self Storage Association 

Spring Conference & Tradeshow

April 22-24, 2013

Marriott Downtown

Philadelphia, PA
www.selfstorage.org

 

Arizona Self-Storage Association

Annual Trade Show

May 14-15, 2013 

Wild Horse Pass Resort & Casino

Chandler, AZ

www.azselfstorage.org 

Editor's Note

Limited Time Offer!
Do you know what your facility is worth in  today's market?  Your Argus Broker Affiliate is pleased to offer a report of recent self storage transactions to give you an idea of how values are being calculated in today's market.  Don't miss out on this valuable information!
Click Here to request a report!
New Listings
  new 
  • Foley, AL: $999,500; 19,370 RSF. Contact Broker Affiliates Bill Barnhill, Shannon Barnes & Stuart LaGroue at 251-432-1287. 
  • Colorado Springs, CO: $7,012,000; 157,806 RSF. Contact Broker Affiliate Joan Lucas at 720-855-6587. 
  • Villa Rica, GA: $980,000; 18,750 RSF. Contact Broker Affiliate Mike Patterson at 770-241-9070.
  • Rochelle, IL: $899,000; 32,700 RSF. Contact Broker Affiliate Bruce Bahrmasel at 312-518-3550.
  • Lapeer, MI: $690,000; 42,810 RSF. Contact Broker Affiliate Jim Soltis at 810-494-2062.

For information on all 63 nationwide self storage listings Click Here

 

Property Pick

Colorado Springs, CO

$7,012,000

  

Colorado Springs, CO 

  • 157,806 RSF
  • 550 Storage Units
  • 164 Boat/RV Spaces
  • 18.61 Acres
  • Major climate control facility with industrial warehouse space
  • Serves southern Colorado Springs signColorado Springs with easy access to Fort Carson 
  • Paved and fenced surface Boat/RV parking
  • UHaul trucks and equipment
  • Video surveillance and 24/7 onsite security
  • To learn more, click here or contact Joan Lucas to receive complete listing information
  

Joan Lucas

Joan Lucas Real Estate Services

720-855-6587

Argus Sales

Argus Congratulates the Following Broker Affiliates on their Recent Sales! 

 

 Linda Cinelli 

Linda Cinelli, CCIM of LC Realty sold Parkway Self Storage in Bloomfield, NJ.  Linda can be reached at 908-722-5661 for more information. 

 

 

 

 

Tyler Trahant  

Richard Minker

 

Richard Minker, CCIM and Tyler Trahant of CASE Commercial Real Estate Partners sold Royal Storage Super Center in Lewisville, TX! They can be reached at 817-335-5600 for details!

 

 

 

Bruce BahrmaselBruce Bahrmasel of Land Star Realty Group sold a self storage development site in Rockford, IL!  Contact Bruce at 312-518-3550 for more information.

 

 

   Bill Brownfield

Jared Jones

Jared Jones, CCIM of Bauer & Associates represented the seller of a 3-property Portfolio in  the Oklahoma City, OK area.  Bill Brownfield, CRE, CCIM of MKP Self Storage, LLC represented the buyer.  Jared can be reached at 918-665-1210 and Bill can be reached at 713-366-3134 for details.

Industry Insights

U.K. Self-Storage Operator Big Yellow Offers 10M Shares to Raise Capital
Inside Self-Storage
U.K. self-storage operator Big Yellow Group PLC announced it will offer up to 10 million new shares of company stock in an attempt to pay down debt, increase dividends and expand its number of locations. The shares will comprise 7.5 percent of the ...

 

Wells Fargo Upgrades Sovran Self Storage (SSS) to Outperform
StreetInsider.com (subscription)
Wells Fargo upgraded Sovran Self Storage (NYSE: SSS) from Market Perform to Outperform and raised its valuation range from $58-$62 to $64-$68. The firm comments, "Like EXR, SSS outperformed in 2012 with the 2nd highest total return at +50.8% total ...

  

Former CubeSmart President Forms New Self-Storage Investment Company
Inside Self-Storage
Self-storage industry veteran Steven Osgood, former president and chief financial officer of U-Store-It Trust (now CubeSmart), has formed All Stor Storage LLC to invest in self-storage properties. The company is seeking to acquire self-storage ...

 

Sovran Self Storage, Inc. Closes on $83 Million of Assets, Expands in Chicago, IL

Wed, 09 Jan, 2013 06:31 AM PST
BUFFALO, N.Y.--(BUSINESS WIRE)--Uncle Bob's Self Storage added 45 self storage facilities to its operations in 2012. It now operates 462 locations totaling over 250,000 storage units in 25 ...

 

Self-Storage REITs Post Double-Digit Returns in 2012
Inside Self-Storage Self-storage was among the top-performing market sectors of all U.S. real estate investment trusts (REITs) in 2012 but dropped from the leading position it held in 2011, according to results released by the National Association of Real Estate ...