Kangaroo II jumps off the market at price of $4.95 million

Kangaroo II

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…

Jill Jamieson-Nichols

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

Timberline self-storage

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…

Jill Jamieson-Nichols

December 31, 2017

Century Communities acquires 2.8 acres in Lone Tree for self-storage

Comp of the Day handshake image

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

Self-storage Vacancy Trends

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