ALERT on Self-Storage 
"America's Premier Self Storage Brokers"
September 2014
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Quick Links
Upcoming Events
  

MA & CT Self Storage Associations

Northeast Tradeshow

October 1-2, 2014

Mohegan Sun

Uncasville, CT

www.maselfstorage.org

 

Wisconsin Self Storage Association

Fall Conference & Tradeshow

October 3, 2014

Kalahari Resort

Wisconsin Dells, WI

www.wiselfstorage.org

 

New York Self Storage Association

Annual Conference

October 15-16, 2014

Turning Stone Resort & Casino

Verona, NY

www.nyselfstorage.org  

 

Colorado Self Storage Association

Fall Annual Meeting

October 16, 2014

Doubletree Hotel

Denver, CO

www.coloradossa.com

 

CA, NV & AZ Self Storage Associations

Tri-State Conference

October 16-17, 2014

Golden Nugget Casino

Laughlin, NV

www.californiaselfstorage.org

 

Pennsylvania Self Storage Association

Annual Meeting

October 23, 2014

Radisson Hotel

Valley Forge, PA

www.paselfstorage.org

 

Texas Self Storage Association

Annual Conference & Tradeshow

October 26-28, 2014

Worthington Renaissance Fort Worth Hotel

Fort Worth, TX

www.txssa.org

 

North Carolina Self Storage Association

Southeastern Convention & Tradeshow

November 2-4, 2014

Holiday Inn

Wrightsville Beach, NC

www.ncssaonline.org

 

Florida Self Storage Association

Executive Retreat

November 6, 2014

The Yacht Club

Lake Buena Vista, FL

www.floridassa.org
Editor's Note           
It's Your Move!
 
After three years of momentum building in the self-storage investment market, buyers and lenders will place what could be record amounts of capital into self-storage properties by the end of 2014. Self-storage lending is fundamentally strong and lenders are continuing to maintain disciplined underwriting standards all while creating liquidity and a fluid transaction market. At the same time, overall market fundamentals are remaining strong with demand surging and supply of new product still slow in coming. The question on many investors' minds is "how long will this last?" 
 
In this month's Market Monitor, Ben Vestal examines the options that are available to self storage owners today who may be looking to take advantage of these historic market conditions.
 
Click Here to Read More
 
 New Listings
  
  • Phenix City, AL:  $1,725,000; 17,780 RSF. Contact Broker Affiliates Bill Barnhill and Stuart LaGroue at 251-432-1287.
  • Yuma, AZ: $6,500,000; 144,210 RSF. Contact Broker Affiliate Jeff Gorden at 480-331-8880.
  • Fort Collins, CO:  $2,500,000; 33,575 RSF. Contact Broker Affiliate Joan Lucas at 720-855-6587.
  • Tavares, FL: $1,525,000; 35,713 RSF. Contact Broker Affiliate Frost Weaver at 904-265-2001.
  • Jackson, GA: $2,520,000; 48,416 RSF.  Contact Broker Affiliate Mike Patterson at 770-241-9070.
  • Brooklyn, MI: $925,000; 26,160 RSF.  Contact Broker Affiliate Jim Soltis at 810-494-2062.
  • Ruidoso, NM: $790,000;  15,115 RSF.  Contact Broker Affiliate Noel Woodwell at 915-491-9610.
  • Bayport, NY: $2,200,000; 11,558 RSF.  Contact Broker Affiliate Linda Cinelli at 908-722-5661.
  • West Hurley, NY: $4,000,000; 46,800 RSF.  Contact Broker Affiliate Guy Blake at 845-522-5900.
  • North Ridgeville, OH: $375,000; 19.29 Acre Development Site.  Contact Broker Affiliate Alec Pacella at 216-455-0925.
  • Muskogee, OK: $1,650,000; 52,550 RSF.  Contact Broker Affiliate Jared Jones at 918-583-3483.
  • Conroe, TX: $950,000; 31,600 RSF.  Contact Broker Affiliate Bill Brownfield at 713-907-6497.
  • Houston, TX: $22,960,000; 2-Property Portfolio, 128,264 RSF.  Contact Broker Affiliates Bill Brownfield at 713-907-6497 or Joan Lucas at 720-855-6587.
  • Enoch, UT: $950,000; 49,600 RSF.  Contact Broker Affiliate Bill Nicoloff at 801-671-7324.

  

For information on all 95 nationwide self storage listings Click Here

 

Property Pick

Dothan, AL

$4,795,000

 

  • 98,112 RSF
  • 446 Units
  • 7.55+ Acres
  • Class A facility in high growth area in southeastern Alabama
  • Includes additional building that has 15,000 square feet of expansion and dothan interior a two story, 3,500 SF office 
  • 1,600 SF manager's residence
  • Climate control, non-climate and fully enclosed Boat/RV parking
  • High occupancy
  • Fenced and gated
  • For more information, click here or contact
     

Bill Barnhill, CCIM & Stuart LaGroue

Omega Properties, Inc.

barnhill@selfstorage.com, stuart@selfstorage.com

251-432-1287
Argus Sales
  
Lucas NEW Congratulations to Joan Lucas of Joan Lucas Real Estate Services who sold a 2-Property Portfolio in Colorado Springs, CO!  Joan can be reached at 720-855-6587 for details.

Goldman
Congratulations to Larry Goldman, CCIM of RE/MAX Commercial who sold Danville Mini Warehouses in Danville, IL!  Larry can be reached at 913-339-0641 for details.

Wade Congratulations to Stuart Wade of The Nicholson Companies who sold American Patriot Self Storage in Portsmouth, VA!  Stuart can be reached at 575-618-3597 for details.

Jim Soltis Congratulations to Jim Soltis of Preview Properties.com who sold Sam's Storage in Lapeer, MI!  Contact Jim at 810-494-2062 for details.

Barnhill (Bill) Barnhill (Stuart LaGroue)
Congratulations to Bill Barnhill, CCIM and Stuart LaGroue of Omega Properties, Inc. who sold Mr. P's Self Storage in Theodore, AL!  Contact Bill and Stuart at 251-432-1287 for more information.

Industry Insights
  

Sovran Self Storage's Neutral Rating Reaffirmed at Citigroup Inc. (SSS)

Watch List News (press release)

Sovran Self Storage Inc logo Citigroup Inc. reissued their neutral rating on shares of Sovran Self Storage (NYSE:SSS) in a research report sent to ... 

 

Self-Storage REITs, Investment Fund Declare 3Q 2014 Dividends

Inside Self-Storage

Publicly traded self-storage real estate investment trusts (REITs) CubeSmart and Extra Space Storage Inc., along with investment fund Self Storage ... 

 

Insider Selling: Sovran Self Storage CFO Sells 1000 Shares of Stock (SSS)

Ticker Report

Sovran Self Storage logo Sovran Self Storage (NYSE:SSS) CFO Andrew J. Gregoire unloaded 1,000 shares of Sovran Self Storage stock in a ...

 

MiniCo Insurance Agency Celebrates its 40th Anniversary

Insurance News Net

The company offers two tenant insurance programs and specialty property and casualty commercial insurance for self-storage operators throughout ...
 

Extra Space StorageŽ Announces Third Quarter 2014 Dividend

MarketWatch

As of June 30, 2014, the Company owned and/or operated 1,071 self-storage properties in 35 states, Washington, D.C. and Puerto Rico.