Comp of the Day handshake image

Lone Tree self-storage site sells for more than $12 per square foot

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 7, 2017
Comp of the Day handshake image

Austin investor buys 724 ministorage units in Denver area for $9.6M

Arapahoe & Adams counties Property Location: 443 Laredo St., Aurora; 7273 Kearney/6345 E. 78th Ave., Commerce City, “Best Bargain Storage” Property Description: 323 units & 42,650 sf ministorage, YOC 1984, brick construction, & 401 units & 60,140 sf Land Size: 7.15 acres Sales Price: $9.9M, or $96.06 psf Reception No.: D7062399 (Arapahoe) & 47826 (Adams) Grantor:…

John Winslow

July 4, 2017
Comp of the Day handshake image

Loveland self-storage developer acquires 34-acre site in Longmont

Boulder County Property Location: SEC Airport Road & Rogers Road, Longmont Property Description: Vacant land, plan to build 235,000 sf self-storage Land Size: 43.5 acres, or 34.23 acres net usable area Sales Price: $1M or 53 cents psf Reception No.: 03569454 Grantor: Elizabeth Schlagel Family Company, Ronald Schlagel, mgr. Grantee: Airport Road Self-Storage LLC, Chris Burton, mgr., 970-646-8578…

John Winslow

February 9, 2017
Southpark Business Center

Etkin Johnson reaps rewards with $18.23M Southpark sale

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Jill Jamieson-Nichols

January 16, 2017
Ralston Valley Self Storage

Self-storage facility planned in ‘underserved’ area of Arvada

The city of Arvada has approved development of a 645-unit self-storage facility in the fast-growing western side of the community. “This area of Arvada is experiencing explosive growth, and up until this year, there were no parcels in the area that offered storage as a use by right,” said Peter Shaw, founder of Blue Wing…

Jill Jamieson-Nichols

December 7, 2016
Comp of the Day handshake image

Pamlico Investments purchases Northglenn site for self-storage development

Adams County Property Location: 2255 E. 104th Ave., Northglenn, proposed self-storage Property Description: Vacant land, proposed three-story building containing 811 self-storage units with 110,718 sf Land Size: 2.31 acres, zoned I-2 Sales Price: $2M, or $19.85 per sf Reception No.: 2016000070652 Closing Date: 8/24 Grantor: Charles Ehmka & Teri Ehmka Grantee: 2255 E. 104th Ave LLC,…

John Winslow

September 9, 2016
Self-storage site

Edgemark plans self-storage, retail for busy Glendale corner

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Jill Jamieson-Nichols

August 1, 2016
Comp of the Day handshake image

Glendale site sells for $3.7M for self-storage facility

Arapahoe County Property Location: SEC South Birch Street & Leetsdale Drive (320 S. Birch St.), Glendale Property Description: 4,564-sf building to be removed (land value) Land Size: 2.06 acres Sales Price: $3.7M, or $41.15 per sf Reception No.: D6073774 Closing Date: 7/11 Grantor: 320 S. Birch LLC, Katherine L. Cersonsky Ellman, mgr., Steven Gross Trust, Birch…

John Winslow

July 26, 2016
StorQuest

Upscale self-storage facilities rise in Denver

A national self-storage company is raising its profile in the Denver area with developments at a busy intersection near downtown and in the heart of the Denver Tech Center. The William Warren Group, which owns or manages a dozen self-storage facilities in Denver, is under construction on an 815-unit StorQuest facility at West Sixth Avenue…

Jill Jamieson-Nichols

June 8, 2016
Self-storage Vacancy Trends

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