Updated Sep 11, 2026
David Gilbert Of Clarion Partners Acquires Self Storage Facility In Plantation For $20.96M
1480 Northwest 66th Avenue
$20,960,000
$171/SF
Building Size
122,220 SF
Asset Type
Self Storage
Closing
Sep 10, 2026
About this deal
AI
The asset involved in the transaction is a self-storage facility located at 1480 Northwest 66th Avenue in Plantation, FL. The facility encompasses 122,220 square feet, situated on two acres, and consists of 935 units. The sale price was $20,960,000, equating to $171 per square foot and $22,417 per unit.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $20,960,000
- Address: 1480 Northwest 66th Avenue
- Market: Plantation, FL
- Square Footage: 122,220
- Price per Square Foot (PPSF): $171
- Units: 935
- Price per Unit (PPU): $22,417
- Buyer: David Gilbert - Clarion Partners
- Seller: Compson Associates
Clarion Partners, represented by David Gilbert, acquired the facility from Compson Associates. The transaction was completed on September 10, 2026, involving a newly constructed property that opened last year.
Players
Plantation Self Storage Market Snapshot
Boundary boundary · Self Storage · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93