Tulsa, OK, February 20, 2025 — Jones Investment Real Estate, LLC, an Argus Self Storage Advisors affiliate for Oklahoma, has successfully brokered the sale of a 66,495 rentable square foot self-storage portfolio located in Bixby and Catoosa within the Tulsa MSA. The transaction involved the sale of the portfolio by its original developer to a regional private buyer, marking the launch of their inaugural fund. The properties present significant value-add opportunities through revenue management optimization and the expansion of remote operational efficiencies.
“This deal commanded strong market interest with multiple competitive bidders, reflecting the ongoing demand for well-positioned self-storage assets in Oklahoma,” said Jared Jones, CCIM, Managing Broker/Principal at Jones Investment Real Estate. “The transaction was completed near replacement cost, underscoring the resilience of the self-storage sector and the continued emphasis on price discovery in the market.” Strategically located in high-growth submarkets within a top 55 MSA, the portfolio aligns with broader investment trends favoring self-storage assets with scalable, remote management solutions. The sale further confirms that appropriately priced self-storage opportunities in Oklahoma remain in high demand among investors.