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Storage Post Acquires Self Storage Portfolio In Chicago From Honore Holdings For $11.2 Million

Property Image
SOLD
$11,200,000
Sean Delaney
Jeffrey Herrmann

Illinois

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Self Storage101,716 SF
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Property Image
SOLD

Storage Post Acquires Self Storage Portfolio In Chicago From Honore Holdings For $11.2 Million

3215 West Lawrence Avenue

See Similar Deals
Self Storage101,716 SF
Sold
Sean Delaney
Jeffrey Herrmann
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Self Storage
Price Per Square Foot:$110
Total Square Footage:101716 SF
Transaction Type:Sale

A two-property self-storage portfolio located at 3215 West Lawrence Avenue and 5145 North Clark Street in Chicago has been sold for $11,200,000. The properties encompass a total of 50,858 square feet, equating to a price per square foot of $220. The facilities offer a mix of climate-controlled and non-climate-controlled units.

Summary of transaction details:

The transaction was facilitated by brokers Jeffrey Herrmann and Sean Delaney from Marcus & Millichap, highlighting their role in brokering this significant self-storage portfolio sale. The buyer, Bruce C. Roch, Jr., represented the acquiring company, Storage Post, during the transaction.

Players

Sean Delaney
Marcus & Millichap
Sean Delaney
7 deals$24.9M volume
BROKER
Jeffrey Herrmann
Marcus & Millichap
Jeffrey Herrmann
1 deal$11.2M volume(630) 570-2223
BROKER

Details

SOLD
IMAGE: Jeffrey Herrmann, Bruce C. Roch, Jr. & Sean Delaney DATE: 12/24/2024 ADDRESS: 3215 West Lawrence Avenue & 5145 North Clark Street MARKET: Chicago ASSET TYPE: Self Storage BUYER: Bruce C. Roch, Jr. - Storage Post (@StoragePostSelfStorage) SELLER: Honore Holdings BROKERS: Jeffrey Herrmann & Sean Delaney (@DelaneyGroup) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $11,200,000 SF: 50,858 ~ PPSF: $220 NOTE: Marcus & Millichap brokered the $11.2 million sale of a two-property self-storage portfolio in Chicago totaling 50,858 square feet. The buyer, Storage Post, acquired facilities at 3215 W. Lawrence Ave. and 5145 N. Clark St., offering a mix of climate- and non-climate-controlled units.

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