Fountain self-storage facility sells to national REIT
A 563-unit self-storage facility in Fountain recently sold to a national self-storage real estate investment trust. The REIT paid an undisclosed amount for the Valley Mini Storage, renamed SecurCare Self […]
Jolene Wollett
July 26, 2020
Why we believe self-storage is today’s easiest asset to own
Our company started out doing residential flips and condo conversions. We quickly realized that was not for us, so we knew a change was needed. Using a structured decision-making process I learned in the
CREJ
October 21, 2019
StorQuest locks up first location in Boulder
A national developer of upper-end self-storage facilities will enter the Boulder market with one of its nicest projects to date.
Kris Oppermann Stern
July 24, 2019
Kangaroo II jumps off the market at price of $4.95 million
Kangaroo II Self-Storage, a 73,325-square-foot storage facility in Loveland, recently sold for $4.95 million, according to Larimer County records. The property is located at 100 Valency Drive, off U.S. Highway 287 and 14th Street Southwest. Kangaroo II Self Storage LLC, a local, private entity, sold the property to CSGBSH Loveland CO I LLC, an East Coast…
Kris Oppermann Stern
December 7, 2018
Denver’s booming self-storage market makes an impact
If I were to ask seasoned commercial real estate investors to diversify outside the norms of apartments, office, industrial and retail, you can bet self-storage would have crossed their minds. This specialized niche
CREJ
June 25, 2018
Self-storage company adding 1,700 units in three NoCo projects
A company that develops self-storage facilities in Colorado and Texas is continuing a push into the Northern Colorado market. Grow Your Storage Development LLC recently opened the 541-unit Timberline Self Storage and is starting construction of South College Self Storage, with 708 units, both in Fort Collins. The company also is in the entitlement process…
Kris Oppermann Stern
December 31, 2017
Century Communities acquires 2.8 acres in Lone Tree for self-storage
Douglas County Address or Location: 9368 Teddy Lane, Lone Tree Improvements: Vacant land Land Size: 2.827 acres Date of Recording: 7/25 Reception No. 2017050455 Price: $1.5M, or $12.18 psf Grantor: Lone Tree Storage LLC by: Hier & Company, Nicholas Hier, mgr. Grantee: Storage at Lone Tree LLC by: Century Communities Financing: Cash Comments: Legal is…
John Winslow
August 21, 2017
Self-storage vacancies drop, rents climb
Vacancies in self-storage properties in the Denver metro area and nationally will continue to decrease and rents will climb, according to Marcus & Millichap’s recently released 2016 Self-Storage Investment Forecast. The report says after three years of near-level vacancy in the Denver market, a drop of 110 basis points to 9.2 percent is expected by…
CREJ
April 5, 2016
