Self-storage facility Sold in Charlotte

Reported Oct 19, 2026 · Source: Matthews Real Estate Investment Services

Source: Matthews Real Estate Investment ServicesRead the full report at Matthews Real Estate Investment Services ↗

Deal details

Buyer
a North Carolina-based investment group
Seller
a North Carolina-based self-storage developer
Price
Not disclosed
Size
64,332 rentable SF; 513 units
Asset class
Self-storage
Transaction
Sale
Sub-market
Gaston & Union Counties
Metro
Charlotte
Reported date
Oct 19, 2026

Summary

A newly built CubeSmart-managed self-storage facility at 2324 S Point Road in Belmont, North Carolina sold to a North Carolina investment group. The facility spans 64,332 rentable square feet across 513 units. The developer, which built it in 2024, sold during initial lease-up; neither party was named. Source: Matthews Real Estate Investment Services.

Summarized from the article; the quoted lines below are from the article itself.

Source: Matthews Real Estate Investment Services

Read the full report at Matthews Real Estate Investment Services. What the article says:

  • Deal
    Matthews facilitated the sale of a newly constructed CubeSmart-managed self-storage facility in Belmont NC to a North Carolina investment group during lease-up.
  • Deal
    CHARLOTTE, NC— Matthews™, a commercial real estate investment services and technology firm, facilitated the sale of a newly constructed self-storage facility, located at 2324 S Point Road in Belmont, North Carolina.
  • Size
    Managed by CubeSmart, the facility spans 64,332 rentable square feet across 513 units, including 154 climate-controlled and 345 non-climate-controlled units.
  • Seller
    After developing the property in 2024, the North Carolina-based self-storage developer elected to divest the asset during its initial lease-up period to recycle capital.

Article date: 2026-10-19

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Compiled from public sources; details can differ between sources. Always verify with the linked source.