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Five-Property Self-Storage Portfolio Changes Hands in Wisconsin
Marcus & Millichap has closed the sale of the Champion Storage portfolio, a five-property, self-storage sale across Sheboygan, WI. Terms of the sale weren’t disclosed.
“With a combined total of 1,167 units across the properties, this acquisition represents a strong market share of the Sheboygan self-storage assets market and features both climate and non-climate-controlled units, outdoor parking spaces and additional warehouse and portable container units,” said Sean Delaney, senior managing director investments, Marcus & Millichap.
He continued, “Champion Storage has had historically high occupancies with current occupancy at 95%, with zero discounting. All five facilities in this portfolio are positioned along the well-traveled Highway 42 with the maximum distance between the facilities being four miles.”
Delaney represented the seller, JGSS, LLC, and procured the buyer, Rogers Equity Group IV, LLC.
- ◦Sale/Acquisition

