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DISPOSITION: The LeClaire-Schlosser Group of Marcus & Millichap completes the sale of a six-property portfolio totaling 537,962 SF and 3,545 units across Ashland, Bend, Prineville, Redmond, Hood River, and Hillsboro, Oregon. The family-owned portfolio was consistently maintained and reinvested in, with 100% ground-level access and two properties offering land for future expansion. Adam Schlosser, Keith Phillips, and Dean Trammell represented the seller, with David Tabata serving as broker of record in Oregon.

FINANCING: JLL Capital Markets secures a $160M credit facility from J.P. Morgan for Safely Store Self Storage, backed by an 11-property portfolio totaling 872,000 RSF across seven U.S. markets. The financing includes a $60M term loan and $100M accordion feature to support future acquisitions and development. JLL’s Brian Somoza, John Bauman, Jordan Buck and Shishir Reddy represented the borrower, while Extra Space Storage manages the portfolio.

DEVELOPMENT: The Ardent Companies and Ironwood Development Partners open a three-story, 80,000 SF facility in Woonsocket, Rhode Island. The Class-A facility features 913 climate-controlled units and is managed by Extra Space Storage. The project is Ardent’s first completed development in Rhode Island and its 10th asset delivered through Self-Storage Development Fund II. Ricardo De Rojas of Ardent and Blair Sweeney of Ironwood Development Partners were involved in the project.

DISPOSITION: The Gorden Group completes the sale of I-15 Storage in Littlefield, Arizona. The facility was approximately 90% occupied and offered expansion potential through excess land for additional storage, RV parking, or other income-generating uses. Located along I-15 between Las Vegas and St. George, the property generated multiple offers before closing on July 15, 2026. The transaction was represented by Darsh Desai, Commercial Advisor at The Gorden Group.

26,080 SF Building | 7.50% Cap Rate | 86% Occupancy | 1.15/1,000 SF Parking Ratio

51,899 SF Building | 492 Units | Access to I-45 & US Highway 190

21,260 SF Building | 164 Non-Climate Units | 7.77% Cap Rate

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