True Storage in Providence, Rhode Island

By: The Storage Acquisition Group

True Storage, Providence, Rhode Island – April 2024

Yorktown, VA (April 16, 2024): The Storage Acquisition Group (TSAG) is pleased to announce the successful acquisition of True Storage, a self-storage facility located at 80 Dupont Drive, Providence, RI 02907. The facility boasts 65,642 square feet of rentable space and encompasses 749 units.

This strategic acquisition demonstrates TSAG’s ability to secure high-quality self-storage facilities in key markets. The transaction was expertly guided by a team of TSAG advisors, including Bill Sitar, Esq., John Cranley, Andrew Burchinsky, and CEO and President Monty Spencer. Their extensive experience and market knowledge ensured a smooth and successful process for all parties involved.

“True Storage presents a valuable opportunity in the growing Providence market,” says Monty Spencer, CEO and President of The Storage Acquisition Group. “We are confident that this well-maintained facility will continue to thrive under new ownership.”

About The Storage Acquisition Group

The Storage Acquisition Group (TSAG) is a leading industry expert in the acquisition and sale of self-storage facilities. TSAG’s unique four-tiered approach (Market Analysis, Acquisitions, Underwriting, & Closing Support) streamlines the sales process for owners, maximizing their profits while eliminating the need for traditional listing.

For more information about The Storage Acquisition Group, please visit www.TheStorageAcquisitionGroup.com or contact 757-867-8777.

Pock It Self Storage in Alberta, Canada

By: The Storage Acquisition Group

Sherwood Park, Alberta, Canada – December 2023

The Storage Acquisition Group (TSAG) is thrilled to announce its key role in facilitating Prime Storage Group’s (PSG) first foray into the Canadian market with the successful closing of a strategically located, 65,384-square-foot self-storage facility in Sherwood Park, Alberta. This impressive facility features a diverse mix of climate-controlled and non-climate-controlled units, catering to the diverse needs of both residential and commercial customers.

The Sherwood Park facility boasts a prime location and offers a diverse mix of climate-controlled and non-climate-controlled units, catering to both residential and commercial customers. This acquisition positions PSG for continued growth in the Canadian self-storage market, a sector demonstrating strong demand and favorable investment prospects.

TSAG’s Canadian Director of Acquisitions, Lloyd McDonald, expertly guided the transaction, leveraging his deep understanding of the Canadian self-storage landscape and utilizing TSAG’s unique four-tiered approach (Market Analysis, Acquisitions, Underwriting, & Closing Support). This streamlined process ensured a smooth and efficient experience for both buyer and seller.

The Storage Acquisition Group specializes in assisting owners in selling their self-storage facilities directly, eliminating the need for traditional listing and maximizing their profits. Their four-tiered approach facilitates a seamless and stress-free sales process.

For more information about The Storage Acquisition Group, please visit www.TheStorageAcquisitionGroup.com or contact 757-867-8777.

U-Lock Mini Storage in Burnaby, BC

By: The Storage Acquisition Group

BURNABY, British Columbia, January 8, 2024

Burnaby, BC – The Storage Acquisition Group (TSAG) announces the successful closing of the sale of U-Lock Mini Storage, a prime self-storage facility conveniently located at 4240 Manor Street in Burnaby, BC. Boasting easy access to major highways and catering to a burgeoning residential population, U-Lock offers 1,083 climate-controlled indoor storage units and 68 secure parking spaces, making it a highly attractive acquisition.

Lloyd McDonald, Director of Canadian Acquisitions at TSAG, skillfully navigated the transaction, leveraging his deep expertise in the Canadian self-storage market. TSAG’s unique four-tiered approach – Market Analysis, Acquisitions, Underwriting, & Closing Support – ensured a streamlined and efficient sales process for both buyer and seller. This approach eliminates the need for traditional listing, allowing owners to achieve maximum profit and navigate the complexities of the sale with ease.

The Storage Acquisition Group specializes in the acquisition of storage facilities and portfolios nationwide. Distinguished by their unique four-tiered approach—Market Analysis, Acquisitions, Underwriting, & Closing Support—The Storage Acquisition Group facilitates a streamlined sales process, enabling owners to sell their facilities directly without the need for listing. This approach ensures that owners can navigate the sales process effortlessly while maximizing their profits.

For inquiries and additional information about The Storage Acquisition Group, please visit www.TheStorageAcquisitionGroup.com or contact 757-867-8777. 

River Rock Storage – Gastonia, North Carolina

By: The Storage Acquisition Group

The Storage Acquisition Group Facilitates Successful Closing of River Rock Storage in Gastonia, North Carolina 

The Storage Acquisition Group is pleased to announce the recent closing of the highly anticipated sale of River Rock Storage, a premier self-storage facility located at 4220 Forbes Rd, Gastonia, North Carolina. The transaction was orchestrated by the proficient efforts of Jonathan Spencer and Scott Eckert of The Storage Acquisition Group.

River Rock Storage spans an impressive 124,374 square feet and boasts a total of 631 storage units, set on an expansive 11.20-acre property. The facility’s strategic location and remarkable amenities have solidified its position as a sought-after storage solution provider in the region.

The sale of River Rock Storage achieved an impressive milestone, culminating in a final price of $20,500,000.00. This noteworthy figure underscores the property’s value and the undeniable strength of the commercial real estate market in Gastonia, North Carolina.

The Storage Acquisition Group specializes in purchasing storage facilities and portfolios nationwide. Uniquely, they allow owners to sell direct without having to list their facility. With their four-tiered approach, Market Analysis, Acquisitions, Underwriting, & Closing Support, The Storage Acquisition Group can help owners navigate a simple sales process while netting the highest possible profit.

Buncombe Storage – Greenville, SC

By: The Storage Acquisition Group

The Storage Acquisition Group (TSAG) is pleased to announce the closing of Buncombe Storage in Greenville, SC. The facility is located at 1900 Old Buncombe Road.   Buncombe Storage, operating as a CubeSmart, offers 68,042 net rentable square feet across 782 units.  The facility offers both climate and non-climate-controlled space, 23 parking spaces and is conveniently located on 8.5 acres of land.

The transaction was negotiated by David Spencer, Vice President and Senior Advisor with The Storage Acquisition Group and Executive Advisor with Spencer Commercial Group (based in Decatur, GA, and brokered by eXp Commercial) and TSAG CEO & President Cowles M. “Monty” Spencer, Jr..

The Storage Acquisition Group specializes in purchasing storage facilities and portfolios nationwide.   Uniquely, they allow owners to sell direct without having to list their facility. With their 4-tiered approach, Market Analysis, Acquisitions, Underwriting, & Closing Support, The Storage Acquisition Group is able to help owners navigate a simple sales process while netting the highest possible profit.