CubeSmart Self Storage
Hallandale Beach
Executive Summary
CBRE’s Self Storage Advisory Group is retained as the exclusive listing advisor for CubeSmart Self Storage, which consists of 1,047 units distributed across 134,554 net rentable square feet (96,834 net rentable square feet of ground level drive-up and interior climate-controlled storage space and 37,720 net rentable square feet of 3-sided covered parking spaces) along with 7,150 net rentable square feet of uncovered parking spaces. The facility area has wonderful demographics, with a large population of 464,864 people and a household income average of $103,043 within a 5-mile radius.
Hallandale Beach, Florida, strategically located between Miami and Fort Lauderdale, is emerging as a dynamic growth hub with strong economic fundamentals. Hallandale Beach’s Hard Rock Stadium will soon host World Cup matches, and Miami Freedom Park (under construction) will be where Messi and Inter Miami will play next season. People are being drawn to the area’s proximity to major stadiums and its own Gulfstream Park horse-racing track and Big Easy Casino. Future development is accelerating, with over $1 billion in mixed-use, hospitality, and residential projects underway, projected to create thousands of jobs and elevate commercial tax revenues. These investments, combined with a growing population and strategic redevelopment initiatives, position Hallandale Beach as a prime destination for long-term economic vitality and investor confidence.
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $11.4 billion in consideration and over 66.3 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
