Live Oak, FL — Oakside announced the successful closing of Ms. Lillian’s Self-Storage, a 2-property, 24,200 NRSF self storage portfolio located in Live Oak, FL, within Suwannee County in North Florida.

The portfolio featured strong in-place occupancy of 88% by units (93% by area) across 227 units and 7 buildings, well-maintained metal-frame construction requiring minimal capital investment, and meaningful mark-to-market rent upside, with in-place rents trailing market by roughly 11% overall, positioning it as a compelling opportunity within one of North Florida’s essential regional storage markets.

“Opportunities to acquire a well-established self-storage asset in a tertiary North Florida market are increasingly limited. Despite a competitive investment landscape, we generated strong interest from qualified buyers by emphasizing the property’s stable cash flow, expansion potential, and strategic location within Live Oak. We were proud to help structure a transaction that maximized value for the seller while providing the buyer with a compelling long-term investment opportunity. Both the buyer and seller were a pleasure to work with, and their professionalism helped ensure a smooth and successful closing.” – said Dezmon Fortenberry, Senior Vice President of Oakside.

Oakside navigated the transaction through diligence and closing while working closely with ownership to align the process with seller objectives and execution priorities.

The transaction further highlights continued investor demand for well-occupied, easy-to-operate self storage assets in supply-constrained markets like Live Oak, where limited new development continues to support long-term pricing power.

Oakside is a boutique commercial real estate brokerage and advisory firm focused exclusively on self storage and Boat & RV transactions nationwide. The firm combines institutional-level analysis with a hands-on, senior-led approach tailored to each client and assignment.

For additional information, please contact:

Cameron Vale
President | Oakside

Nolen Masserman
Managing Director | Oakside

Dezmon Fortenberry
Senior Vice President | Oakside

www.oaksideco.com