ALERT on Self-Storage 
"America's Premier Self Storage Brokers"
June 2013
ASSSN Color
1-800-55-STORE
BoB 2012   
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In This Issue
Upcoming Events
New Listings
Property Pick
Industry Insights
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Quick Links
Upcoming Events
  

California Self Storage Association

9th Annual Owners Summit

July 18, 2013

Balboa Bay Club

Newport Beach, CA

www.californiaselfstorage.org

 

Illinois Self Storage Association

Great Lakes Owners Summit & Expo

August 5, 2013

Doubletree Hotel

Chicago, IL

www.ilministorage.org

 

Missouri Self Storage Owners Association

Annual Meeting & Tradeshow

August 7-9, 2013

Tan-Tar-A Resort

Osage Beach, MO

www.mssoa.org

 

Arkansas Self Storage Association

Self Storage Expo

August 28-29, 2013

Embassy Suites

Rogers, AR

www.arssa.org  

 

 

Editor's Note           
ISS BoB 2013  

Argus appreciates your vote as the Best Real Estate Brokerage in the ISS 2013 Best of Business poll!

 

Click above to submit your vote for all of your favorite industry vendors and suppliers! Don't delay - voting ends June 30!

 New Listings
  
  • Tempe, AZ: $4,500,000; 46,925 RSF. Contact Broker Affiliate Jeff Gorden at 480-331-8880.
  • Yreka, CA: $750,000 or Best Offer; 18,920 RSF. Contact Broker Affiliate Tom de Jong at 408-282-3829.
  • Fitzwilliam, NH: $710,000; 14,900 RSF. Contact Broker Affiliate Joe Mendola at 603-668-7000.
  • Columbus, OH: $1,650,000; 49,645 RSF. Contact Broker Affiliates Michael Venesky and Alec Pacella at 216-455-0886.

 

 

For information on all 76 nationwide self storage listings Click Here

 

Property Pick

Kingman, AZ

$3,875,000

  

Kingman, AZ   

  • 2 Property Portfolio
  • 100,600 Total RSF
  • 659 Total Units
  • 7.82 Total Acres
  • Excellent locations with exposure to main roads
  • Convenience store real estate and business included
  • On-site leasing office
  • Significant upside potential with active management
  • To learn more, click here or contact
 

Jeff Gorden, CCIM

Eagle Commercial Realty Services

480-331-8880

jgorden@selfstorage.com

Argus News           
Joey Godbold
Congratulations to Joey Godbold of Percival McGuire Commercial Real Estate on the sale of Formerly Farrell's Self Storage in Chapel Hill, NC!  Joey can be reached at 704-632-1027 for details!
  
  
  
Bill Brownfield Congratulations to Bill Brownfield, CRE, CCIM of MKP Self Storage LLC who represented the buyer of a self storage facility in Humble, TX!  Contact Bill at 713-366-3134 for more information!
  
  
Goldman Congratulations to Larry Goldman, CCIM on the sale of West 50 Self Storage in Sedalia, MO!  Larry can be reached at 913-339-0641 for details!
  
Argus News           
Wade
Argus is proud to welcome our newest Broker Affiliate to the Network!
  
Stuart Wade, of the Nicholson Companies, will represent Argus in Virginia and Maryland.  Stuart has been involved with the self storage asset class since 2004 when he joined The Nicholson Companies (AAAA Self Storage Management Group) as their Director of Business Development. Stuart has held a Virginia Broker's license for over 20 years. Over the course of his career at Nicholson, he has shopped hundreds of self storage facilities across the country and has counseled owners on site selection, design/build, financing options, operational and personnel matters, exit strategies and a host of other issues related to all matters self storage. He has written numerous articles in trade journals and has presented at both National and State level trade shows and conventions. He also serves on the Board of the South Carolina Self Storage Association.  Stuart can be reached at (757) 618-3597 or via email.
  
Industry Insights
  

Self-Storage REIT CubeSmart Completes $800M in Unsecured Bank Financing
Inside Self-Storage
 
Self-storage real estate investment trust CubeSmart has completed approximately $800 million in unsecured bank financing through amendments to its existing credit facility and term loan agreements, company officials announced. "With our amended credit ...

 

Extra Space Storage (EXR +2.3%) announces a private offering of $250M in ...
Seeking Alpha
 
Extra Space Storage (EXR +2.3%) announces a private offering of $250M in exchangeable senior notes (settled in cash and shares upon exchange at a rate to be determined) and also says it will acquire 20 self-storage units in California for a total ...

 

Public Storage (PSA): A Great Place to Store Profits
Insider Monkey (blog)
 
Public Storage (NYSE:PSA) is one of the leading self-storage Real Estate Investment Trusts (REITs) in the U.S., paying investors a dividend yield of 3.3%. The company is poised to move higher thanks to housing tailwinds, where the demand for self ...

 

Sovran Self Storage , Inc . Announces Financing of $500 Million in Unsecured ...
MarketWatch
 
BUFFALO, N.Y., Jun 04, 2013 (BUSINESS WIRE) -- Sovran Self Storage, Inc. (NYSE:SSS) , a self storage real estate investment trust (REIT), today announced details of financing arrangements totaling $500 million of senior, unsecured debt. As part of the ...

 

Oregon Governor Signs New Self-Storage Lien Law, Awaits Tenant-Insurance Bill
Inside Self-Storage
Oregon Gov. John Kitzhaber recently signed an amended version of the state's self-storage lien law (House Bill 2706) that enables self-storage facility operators to notify tenants about impending lien procedures via e-mail. The legislature has also ...