property type: Self Storage

Orlando Business Journal An affiliate of Wentworth Properties has bought Windermere Storage, a 609-unit self-storage facility in Orlando, Fla., for $23.1 million, or about $37,931/unit. The Phoenix company acquired the property from an affiliate of Schrimsher Properties of Orlando. CBRE ...

AZ Big Media Buchanan Street Partners has paid $41 million, or $25,308/unit, for two self-storage properties with a total of 1,620 units in Cave Creek and Mesa, Ariz. The Newport Beach, Calif., investment manager purchased the properties from Garrett Development ...

MMA Storage has paid $20 million, or $27,624/unit, for Our City Storage, a 724-unit self-storage facility in Reno, Nev. The Sparks, Nev., investor group purchased the property from an affiliate of West Coast Self Storage, according to Washoe County, Nev., ...

South Florida Business Journal Hernandez Development has been approved to build a 146,800-square-foot self-storage facility in Opa-locka, Fla. The property will be built on a 2.2-acre site at 14301 NW 27th Ave., which is currently home to a 3,900-sf warehouse. ...

Multi-Housing News Highline Storage Partners has paid $25.5 million, or $45,781/unit, for the 557-unit Heartland Drive Self Storage property in Kernersville, N.C. The company purchased the self-storage facility from a private individual in a deal brokered by Midcoast Properties. The ...

Extra Space Storage Inc. has struck a deal to acquire Life Storage Inc. in an all-stock transaction, valuing the Williamsville, N.Y., REIT's shares at $145.82 each. That gives the transaction an equity value of $12.72 billion. The offer by Extra ...