Americ s Premier Self Storge Brokers Mrket Monitor Issue XI-2016 A Note of Thnks by Ben Vestl This time of yer, we find ourselves reflecting on the things tht we re grteful for nd the people who men the most to us. Here t Argus, we re most thnkful for the men nd women who work hrd every dy to serve the needs of their self storge clients. The Argus Self Storge Sles Network is mde up of over 50 self storge professionls round the country who re helping their clients nvigte the buying nd selling process. We feel it is time for Argus to recognize nd congrtulte the Argus Affilites nd their respective tems round the country. Over the pst 22 yers, Argus Affilites hve closed over two billion dollrs in self storge trnsctions for the benefit of their clients. These trnsctions hve rnged from $200,000 to over $80 million. Argus ffilites hve recently closed over $170 million with nother $50 million under contrct nd $200 million currently listed. For mny of our clients, the purchse or sle of their property is complex nd life chnging event. We re honored tht they hve chosen n Argus Broker Affilite to help them nvigte the process. Here is wht some of them hve to sy bout their experience working with n Argus Broker Affilite: Jeff Gorden performed exctly s he sid he would nd lived up to ll expecttions. I hve been long time commercil broker but took our storge to Jeff to list nd sell the property becuse I felt he ws n expert in storge fcilities. Jeff is professionl with mny contcts nd did gret job of selling our fcility t the full listed price. -Ross Wit I hve hd the plesure of working with Sturt Wde on severl trnsctions nd in other cpcities within the self storge industry. His experience nd in depth industry knowledge hve mde him n indispensble sset to our orgniztion. His strightforwrd nd cndid pproch gives us the confidence to mke crucil decisions knowing we hve n industry vetern helping to guide us. - Noh Mehrkm I m more thn hppy to refer Bruce Bhrmsel to other mini storge owners. There re two things I relly liked bout him: he tlked to me nd not t me nd he lwys worked with me to get my two mini storges sold. I cn sy for sure without Bruce s bility to del with different personlities I would not hve sold my properties. - Robert Willimson Extr Spce is in this business for the long hul, we re looking to hve long term reltionships nd build nd mintin our reputtion. We re not willing to risk our reputtion on someone tht cn t represent us well, tht s why we hve used Argus in the pst nd tht s why we will use Argus gin nd gin. Integrity nd reputtion is why Extr Spce will prtner with Argus for mny dels going forwrd. - Noh Springer, Extr Spce Jon Lucs provided excellent nd professionl service to me in the cquisition of self-storge properties in Colordo. Her work in site selection, negotition nd mrket reserch ws outstnding nd I look forwrd to working with her in serch of similr opportunities in the future. - Hugh W. Horne Richrd Minker nd Chd Snyder were instrumentl in getting our two fcilities sold. They knew the plyers to pproch nd took the time to understnd the mrket. Their efforts delivered buyer nd contrct tht exceeded our expecttions. One could sy tht they under-promised nd over-performed to get our trnsction over the finish line. - John Drennn I purchsed my fcility in September 2013 nd worked with n excellent broker, Bill Brownfield, who guided me through the whole process from identifying nd evluting potentil fcilities to obtining finncing nd closing. Since I ws new to the industry, Bill suggested tht I join the TSSA nd tht hs been n invluble resource to me s I lern best prctices for my self-storge business. - Bill Gibbs (continued)
I hve enjoyed working with Tom de Jong on my self-storge projects. Tom is lwys ccessible, responds quickly nd isn t frid to tckle complex or delicte negotitions on my behlf. I would highly recommend Tom if you re working on self-storge purchse, sle or development opportunity - Ted Crocker Our experience with Frost Wever went well beyond the norml customer/reltor reltionship. We relied on Frost to collect informtion, spek with ttorneys, title compnies nd negotite gret del of points besides prices. We were impressed with the knowledge tht Frost nd his group brought to the process. - Bob Webb Working with Guy Blke on this cquisition ws gret! He is consummte professionl who knows the brokerge gme AND knows the storge business. Tht ws importnt becuse it ws complicted trnsction nd Guy s knowledge nd experience helped us work through it to successful closing. Dn L Fever My pprecition for Lind Cinelli s skill nd expertise is difficult to put into words. Her concern nd tireless work on behlf of getting the del done is second to none. I pprecite her dediction nd devotion to the needs of both prties nd we look forwrd to closing mny more dels with Lind in the future. -Michel Friedmn We hd the plesure of working with Sturt LGroue nd Bill Brnhill. The sle of our business ws smooth nd professionl from strt to finish. They re very dedicted, esy to work with nd were vilble t ny time to nswer our questions. We strongly recommend Sturt, Bill, Argus nd Omeg Properties to others interested in looking to sell or purchse self storge fcilities. Your interests will be treted firly nd professionlly. -Allen nd Debbie Middleton Ben Vestl, President of the Argus Self Storge Sles Network, cn be reched t 800-557-8673 or bvestl@rgus-relestte.com. Specil Offer! Yer End Mrket Review Check up on your mrket with free Mrket Competition Report! This is gret wy to see how your mrket is chnging s we rech the end of the yer. Your report will include: 1, 3 nd 5 mile demogrphic dt Mrket competition mp List of competitors within 5 miles Rentl rtes of your closest 5 competitors To request report, cll your Argus Broker Affilite listed on the bck pge of the Mrket Monitor!
Property Showcse Boulder, CO Cll Broker for Price 686 Units 67,973 RSF 4.58 Acres Rre opportunity to cquire gret performing property in Boulder Mjor prtment nd commercil development nerby Fully fenced nd gted Clremont, NH 350 Units 82,017 RSF 1.2+/- Acres Only climte controlled fcility in downtown Clremont 83 moveble storge continers Room for expnsion Office rentl, U-box nd U-Hul income Jon Lucs Joe Mendol 720-855-6587 jlucs@selfstorge.com Vero Bech, FL $2,350,000 603-668-7000 joe@ninorwoodgroup.com $454,000 196 Units 17,625 RSF 1.22 Acres Investor upside potentil in occupncy nd rtes Frontge on Route 60 Growth in surrounding mrkets Austin, TX Cll Broker for Price 355 Units 54,036 RSF 3-Property Portfolio Exceptionl upside through revenue mngement nd ncillry income Miniml competition in the re Predictble csh flow with upside Frost Wever & Josh Koerner 904-265-2001 fwever@wever-relty.com jkoerner@wever-relty.com Bill Brownfield, CRE, CCIM 713-907-6497 bill@wbrownfield.com Athens, GA $6,750,000 Killeen, TX $724,999 786 Units 81,498 RSF 5.148 Acres Self storge conversion project Zoned nd permitted for self storge development Double street front with strong trffic exposure Richrd Minker, CCIM & Chd Snyder Mike Ptterson, CCIM 770-301-1886 ebroker@msn.com Plymouth, IN 527 Units 73,637 RSF 15.24 Acres 2-Property Portfolio Outstnding loctions with terriffic visibility Automted kiosks Gret historicl performnce Abundnt room to expnd Bruce Bhrmsel 312-518-3550 bruce@selfstorge.com 121 Units 21,050 RSF 3.5 Acres 10 Bot/RV Spces Close proximity to Ft. Hood Min Entrnce Expnsion opportunity 817-335-5600 chd.snyder@colliers.com $4,775,000 Minerl Wells, TX 394 Units 67,874 RSF 5.5 Acres Excellent exposure on min rtery to Minerl Wells, 1 hour from DFW Lnd for expnsion Moving supply sles Richrd Minker, CCIM & Chd Snyder 817-335-5600 chd.snyder@colliers.com $2,499,000
Sells Self Storge Ntionwide! For property detils, visit www.rgus-selfstorge.com or contct your locl Argus Broker Affilite! Albm Atmore/Brewton $3,382,000 Bill Brnhill/Sturt LGroue 251-432-1287 Chelse, AL $3,000,000 Bill Brnhill/Sturt LGroue 251-432-1287 Loxley, AL $1,260,000 Bill Brnhill/Sturt LGroue 251-432-1287 Mobile, AL $1,685,000 Bill Brnhill 251-432-1287 Srlnd, AL SOLD Bill Brnhill/Sturt LGroue 251-432-1287 Arizon Fort Mohve $450,000 Jeffrey A. Gorden 480-331-8880 Mimi $1,089,000 Jeffrey A. Gorden 480-331-8880 Nogles $5,573,164 Jeffrey A. Gorden 480-331-8880 Vernon $795,000 Jeffrey A. Gorden 480-331-8880 Arknss Hot Springs Vlg $180,000 Lrry Goldmn 913-707-9030 Little Rock $900,000 Lrry Goldmn 913-707-9030 Springdle SOLD Lrry Goldmn 913-707-9030 Cliforni Burson $795,000 Tom de Jong 408-282-3829 Mntec SOLD Tom de Jong 408-282-3829 Modesto SOLD Tom de Jong 408-282-3829 Okdle $250,000 Tom de Jong 408-282-3829 Vllejo $1,850,000 Tom de Jong 408-282-3829 Colordo Boulder Cll Broker Jon Lucs 720-855-6587 Denver $13,000,000 Jon Lucs 720-855-6587 Evns/Greeley $1,652,450 Jon Lucs 720-855-6587 Florid Lke City $310,000 Frost Wever 904-265-2001 Penscol $1,400,000 Bill Brnhill/Sturt LGroue 251-432-1287 Port St. Joe SOLD Bill Brnhill/Sturt LGroue 251-432-1287 Vero Bech $454,000 Frost Wever 904-265-2001 Georgi Athens $6,750,000 Mike Ptterson 770-241-9070 Bremen $175,000 Mike Ptterson 770-241-9070 Crrollton $4,577,000 Mike Ptterson 770-241-9070 Columbus $1,250,000 Mike Ptterson 770-241-9070 Douglsville SOLD Mike Ptterson 770-241-9070 Lithi Springs $1,600,000 Mike Ptterson 770-241-9070 Mcon $450,000 Mike Ptterson 770-241-9070 Tifton $750,000 Mike Ptterson 770-241-9070 Winston $292,000 Mike Ptterson 770-241-9070 Iow Mson City $1,370,000 Rusty Hike 402-291-2500 Illinois Mcomb $950,000 Bruce Bhrmsel 312-518-3550 Senec $699,000 Bruce Bhrmsel 312-518-3550 Indin Plymouth $4,775,000 Bruce Bhrmsel 312-518-3550 Knss Iol $400,000 Lrry Goldmn 913-707-9030 Junction City $380,000 Lrry Goldmn 913-707-9030 Lnsing SOLD Lrry Goldmn 913-707-9030 S. Hutchinson $630,000 Jred Jones 918-583-3483 Kentucky Crestwood $1,700,000 Pul Grisnti 502-253-1811 Msschussetts Sutton $550,000 Joseph Mendol 603-668-7000 Michign Detroit Cll Broker Jim Soltis 810-494-2062 Missouri Clinton $268,000 Lrry Goldmn 913-707-9030 Frmington $695,000 Lrry Goldmn 913-707-9030 Frmington $3,750,000 Lrry Goldmn 913-707-9030 House Springs $450,000 Lrry Goldmn 913-707-9030 Wynesville $2,360,000 Lrry Goldmn 913-707-9030 Mississippi Cnton $850,000 Bill Brnhill/Sturt LGroue 251-432-1287 New Hmpshire Clremont $2,350,000 Joe Mendol 603-668-7000 Mnchester $10,000,000 Joe Mendol 603-668-7000 New Jersey Brnchville $1,390,000 Lind Cinelli 908-722-5661 Ewing $1,900,000 Lind Cinelli 908-722-5661 Hrdyston $7,400,000 Lind Cinelli 908-722-5661 Howell $2,350,000 Lind Cinelli 908-722-5661 Pemberton $975,000 Lind Cinelli 908-722-5661 New Mexico Mesill Prk $530,000 Dvid Etzold/Noel Woodwell 915-491-9610 Ruidoso $790,000 Dvid Etzold/Noel Woodwell 915-491-9610 New York Monticello $3,700,000 Lind Cinelli 908-722-5661 Peekskill $3,500,000 Lind Cinelli 908-722-5661 North Crolin NC Portfolio $2,300,000 Joey Godbold/Jmey Cox 704-632-1030 Wdesboro $758,000 Joey Godbold/Jmey Cox 704-632-1030 Wilmington $1,400,000 Joey Godbold/Jmey Cox 704-632-1030 North Dkot Wtford City $1,200,000 Bruce Bhrmsel 312-518-3550 Ohio Gloucester $299,000 Alec Pcell 216-455-0925 Oklhom Ad $2,500,000 Jred Jones 918-583-3483 Duncn SOLD Jred Jones 918-583-3483 Edmond $650,000 Jred Jones 918-583-3483 Pryor $320,000 Jred Jones 918-583-3483 Pennsylvni Bechtelsville $1,350,000 Chuck Shields 610-828-0100 Olyphnt $925,000 Chuck Shields 610-828-0100 Plymouth $795,000 Lind Cinelli/Chuck Shields 908-722-5661 South Crolin Lncster $695,000 Joey Godbold/Jmey Cox 704-632-1030 Texs Arlington Cll Broker Richrd Minker/Chd Snyder 817-335-5600 Austin Cll Broker Bill Brownfield 713-907-6497 Bulrverde Cll Broker Bill Brownfield 713-907-6497 Fort Worth Cll Broker Richrd Minker/Chd Snyder 817-335-5600 Killeen Cll Broker Richrd Minker/Chd Snyder 817-335-5600 Minerl Wells Cll Broker Richrd Minker/Chd Snyder 817-335-5600 Red Ok Cll Broker Richrd Minker/Chd Snyder 817-335-5600 Virgini Windsor $2,100,000 Sturt Wde 757-618-3597 Wshington Cthlmet SOLD Tom de Jong/Thoms Wolter 408-282-3829 Shelton $995,000 Thoms Wolter 206-200-3325
ARGUS SALES Congrtultions to Thoms Wolter of RE/MAX Commercil nd Tom de Jong of Colliers Interntionl who sold Cthlmet Puget Islnd Storge in Cthlmet, WA. Contct Thoms t 206-200-3325 or Tom t 408-282-3829 for detils. Congrtultions to Mike Ptterson, CCIM of Commercil Relty Services of West Georgi who sold A Qulity Storge in Douglsville, GA! Mike cn be reched t 770-301-1886 for detils. Congrtultions to Lrry Goldmn, CCIM of RE/MAX Commercil who sold 265 Super Storge in Springdle, AR nd Crestline Storge in Lnsing, KS! Lrry cn be reched t 913-707-9030 for detils. Congrtultions to Tom de Jong of Colliers Interntionl who sold Mntec Self Store-It in Mntec, CA nd Modesto Self Store-It in Modesto, CA! Tom cn be reched t 408-282-3829 for detils. Congrtultions to Jred Jones, CCIM of Porthven Prtners who sold Duncn Mini Storge in Duncn, OK! Jred cn be reched t 918-583-3483 for detils. Congrtultions to Bill Brnhill, CCIM nd Sturt LGroue of Omeg Properties, Inc. who sold Climte Msters Self Storge in Srlnd, AL nd Americ s Mini Storge in Port St. Joe, FL! Contct Bill nd Sturt t 251-432-1287 for more informtion. Contct n Argus Broker Affilite NORTHEAST Compny Phone Territory Guy Blke, CCIM Pyrmid Brokerge Compny 845-522-5900 Upstte NY, Western CT Lind Cinelli, CCIM, CEA LC Relty 908-722-5661 Northern NJ, NY (NYC, Long Islnd) Joseph Mendol NAI Norwood Group 603-668-7000 MA, ME, NH VT, Estern CT Chuck Shields Becon Commercil Rel Estte 610-862-1645 Estern PA, Southern NJ, DE SOUTHEAST Bill Brnhill, CCIM Omeg Properties, Inc. 888-801-4534 FL Pnhndle N.J. Joey Godbold SVN Percivl Prtners 704-632-1027 NC, SC Mike Ptterson, CCIM Commercil Relty Services of West Georgi 770-301-1886 GA Sturt Wde The Nicholson Compnies 757-618-3597 MD, VA Frost Wever Wever Relty Group, Inc. 904-733-0039 North, Centrl & South FL NORTH CENTRAL Bruce Bhrmsel Wvelnd Commercil Rel Estte, LLC 312-518-3550 Northern IL, Northern IN, WI Rusty Hike Hike Rel Estte 402-291-2500 NE, IA Alec Pcell, CCIM NAI Dus 216-831-3310 OH, Western PA Lrry Goldmn, CCIM RE/MAX Commercil 913-707-9030 KS, MO, Southern IL Mike Helline & Pul Grisnti, CCIM Grisnti Group Commercil Rel Estte 502-253-1811 KY, Southern IN Jim Soltis Preview Properties.com 810-494-2062 MI SOUTH CENTRAL Bill Brnhill, CCIM Omeg Properties, Inc. 888-801-4534 AL, MS, LA Bill Brownfield, CRE, CCIM Brownfield & Assocites, LLC 713-907-6497 South & Centrl TX Dvid Etzold Etzold & CO LLC 915-845-6006 West TX Lrry Goldmn, CCIM RE/MAX Commercil 913-707-9030 AR Mike Helline & Pul Grisnti, CCIM Grisnti Group Commercil Rel Estte 502-253-1811 TN Jred Jones, CCIM Porthven Prtners 918-583-3483 OK Richrd D. Minker, CCIM Colliers Interntionl 817-335-5600 North TX WEST Steve Avnzino NAI Allince 775-336-4646 NV Tom de Jong Colliers Interntionl 408-282-3829 Northern CA Dvid Etzold Etzold & CO LLC 915-845-6006 NM Jeffery A. Gorden, CCIM Egle Commercil Relty Services 480-331-8880 AZ Lrry Hyes Hyes & Assocites 406-728-0088 MT Jon Lucs Jon Lucs Rel Estte Services, LLC 720-855-6587 CO Doug She & Peter Pppgeorge INCO Commercil 562-498-3395 Southern CA Thoms Wolter RE/MAX Commercil 206-200-3325 WA