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Mark Degner Of Safeguard Self Storage Acquires Self Storage Facility In Oakland Park For $19.5M

Property Image
SOLD
$19,500,000
Boyd Simpson
Mark Degner

Florida

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Property Image
SOLD

Mark Degner Of Safeguard Self Storage Acquires Self Storage Facility In Oakland Park For $19.5M

2203 West Oakland Park Boulevard

See Similar Deals
Self Storage110,000 SF
Sold 09/08/2025
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Summary

FLORIDA
Asset Type:Self Storage
Price Per Square Foot:$177
Total Square Footage:110,000 SF
Transaction Type:Sale

The property asset involved in the transaction is a newly built self-storage facility located at 2203 West Oakland Park Boulevard in Oakland Park. This facility spans 110,000 square feet on a 2.5-acre parcel and was sold for $19,500,000, translating to a price per square foot of $177.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $19,500,000
  • Address: 2203 West Oakland Park Boulevard
  • Market: Oakland Park
  • Square Footage: 110,000
  • Price per Square Foot: $177
  • Buyer: Mark Degner - Safeguard Self Storage
  • Seller: Boyd Simpson - The Simpson Organization
  • Acres: 2.5
  • Construction Loan Amount: $10,080,000
  • Development Year: 2021

Mark Degner represents Safeguard Self Storage in the acquisition of the asset, while Boyd Simpson, managing the seller The Simpson Organization, oversaw the development of the property. The construction of the facility was financed through a loan taken in 2021.

Players

Mark Degner
Safeguard Self Storage
Mark Degner
1 deal$19.5M volume
BUYER
Boyd Simpson
Boyd Simpson
1 deal$19.5M volume
SELLER

Details

SOLD
IMAGE: Mark Degner & Boyd Simpson DATE: 09/08/2025 ADDRESS: 2203 West Oakland Park Boulevard MARKET: Oakland Park ASSET TYPE: Self Storage ~ ACRES: 2.5 BUYER: Mark Degner - Safeguard Self Storage SELLER: Boyd Simpson - The Simpson Organization SALE PRICE: $19,500,000 SF: 110,000 ~ PPSF: $177 NOTE: Safeguard Self Storage bought a newly built 110,000-sf facility at 2203 W. Oakland Park Blvd. in Oakland Park for $19.5M ($177/sf) from TSO Oakland Park LP. The seller, managed by A. Boyd Simpson, developed the property in 2021 with a $10.08M construction loan.

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