Colliers Advises on Acquisition of SafeKeep Self Storage in Ankeny, Iowa, Highlighting Investor Appetite for High-Growth Secondary Markets
The De Jong Self Storage Team at Colliers represented Lekaks Texas, LLC in the purchase of a 291-unit self-storage facility in Ankeny, Iowa, reflecting strong demand for stabilized assets in fast-growing secondary markets with limited supply.
The De Jong Self Storage Team at Colliers has announced the successful closing of the acquisition of SafeKeep Self Storage, a 291-unit, 54,775 rentable square foot facility in Ankeny, Iowa. The buyer, Lekaks Texas, LLC, was represented by the team in the transaction, which closed on May 11, 2026. The property, located at 1792 NW Polk City Drive, was constructed in 2020 and offers a mix of climate-controlled and non-climate-controlled units, as well as enclosed RV and boat parking. At the time of closing, the facility was 82% physically occupied.
The acquisition underscores growing buyer interest in well-located, stabilized self-storage assets in high-growth secondary markets. Ankeny was ranked by U.S. News & World Report as the #1 Best Place to Live in Iowa and #18 in the United States in 2025. The surrounding submarket benefits from major employers such as Wells Fargo, Principal Financial Group, John Deere, Microsoft, and Meta, with population and household growth consistently outpacing national trends.
According to Tom de Jong, Executive Vice President at Colliers, "Ankeny is exactly the kind of market serious buyers are targeting right now – strong demographics, limited competition, and a demand base that isn’t going anywhere. This facility checks every box on what a disciplined institutional buyer is looking for in 2026: newer construction, a diversified unit mix, a proven operator market, and a submarket that hasn’t been flooded with new supply."
The Des Moines MSA continues to attract institutional and private capital seeking assets in markets with favorable demographics and durable income profiles. The transaction highlights the importance of supply constraints and long-term demand fundamentals in driving investment decisions. The buyer expressed gratitude, stating, "We really have you to thank for finding SafeKeep and being our broker and mentor through this whole process. Your competency and attention gave us the confidence to go down the path to owning a self-storage facility."
The De Jong Self Storage Team at Colliers is a national advisory practice led by Tom de Jong, with 19 years at Colliers and 16 years of specialization in self-storage real estate. The team has closed more than $2 billion in self-storage transactions across 32 states, representing institutional funds, private capital groups, family offices, developers, and long-term operators.