Snapbox Self Storage, a Go Store It Company, Opens Self Storage Facility in Owings Mills, MD

Snapbox Self Storage—a Go Store It company—has opened a 79,710-square-foot self storage facility in Owings Mills, Md. Arco Murray oversaw the design and construction of the property. Asset Realty & Construction Group is the owner of the facility, according to Yardi Matrix information. In 2023, the property became subject to a $11.2 million construction loan originated by Municipal Employees Credit Union of Baltimore. The four-story building comprises 776 climate-controlled units, sizes ranging from 25 to 250 square feet. The elevator-served facility features electronic building access, security lighting and 24-hour video…

Newmark Arranges Recapitalization of 14-Property Dallas-Fort Worth Self-Storage Portfolio for Hines and CubeSmart

Newmark announces the firm has brokered a recapitalization and new joint venture between Hines and CubeSmart for a 14-property self-storage portfolio located across the Dallas-Fort Worth Metroplex. Newmark Vice Chairman and leader of the firm’s National Self Storage Capital Markets practice, Aaron Swerdlin, along with Executive Managing Director Andrew Warin and team, advised Hines on the recapitalization. “As one of the largest national self-storage portfolio transactions of 2024, this transaction was a testament to the strength of the Dallas-Fort Worth market and further validation of the durability and appeal for…

Citizen Storage Management Expands Footprint with New Property in St. Helen, MI

Citizen Storage Management LLC proudly announces its latest expansion in Michigan with the addition of a new property under its management. Secure Storage, located at 6045 E West Branch Rd, St. Helen, MI, has been entrusted to Citizen Storage for 3rd party management. The facility, encompassing approximately 60,000 net rentable square feet, will be rebranded as Citizen Storage as part of the transition to professional management. The property offers a variety of amenities designed for modern storage needs, including climate-controlled units, drive-up access, RV and boat storage, a self-service kiosk…

Perry Village Council OKs Phase 1 of Developer’s Plan to Construct Self-Storage Buildings in Perry Township, OH

Perry Village Council has approved construction plans for the first phase of a self-storage business that will provide more than 200 indoor spaces for customers’ possessions. Council, at its Jan. 23 meeting, unanimously ratified a request by Loreto Development Co. to construct two storage-unit buildings on Maple Street. Those structures will be built on 4 acres between the southeastern portion of the Hidden Village housing subdivision and the CSX railroad tracks. The new business will be called Hidden Village Self Storage. Phase 1 of the project consists of two buildings.…

Inland Real Estate Investment Co. and Devon Self Storage Holdings Have Completed Two Class-A Self Storage Properties in Baton Rouge, LA and Holly Hill, FL

Inland Real Estate Investment Co. and Devon Self Storage Holdings have completed two Class A self storage properties, one in Baton Rouge, La., and the other in Holly Hill, Fla. The facilities opened in mid-January and feature a total of 2,099 units. That same month, Inland Real Estate Group of Cos. purchased a majority interest in Devon Self Storage Holdings to expand its self storage portfolio. The companies have been working together since 2018. The 90,760-square-foot property in Baton Rouge is at 415 N 15th St. The building rises four…

Florentine Holding Company Launches Family Heirloom Storage [United States]

Florentine Holding Company (FHC), (florentineholding.com), the Ft. Myers based commercial real estate investment and development firm, whose investment and development projects drive growth throughout Florida and the southeastern United States, announced today that the Firm has launched Family Heirloom Storage (FHS), a provider of Commercial Self Storage Services to businesses and consumers. Co-Founded by Don Tyree (Director of Operations), Joey Florentine (Director of Finance) and Tiffany Tyree (Director of Accounting), Family Heirloom Storage—a division of Florentine Holding Company—provides businesses and consumers with secure, accessible and affordable self-storage and outdoor vehicle…

Featured Brokers: Larry E. Goldman, CCIM and Derek Arnold

Larry Goldman, CCIM is an investment properties specialist with Goldman Investment Advisors, Inc. and specializes in the brokerage of self-storage facilities as the Kansas, Arkansas, Missouri and Southern Illinois affiliate of Argus Self Storage Advisors. Larry takes pride in providing value-added service that is driven by long-term relationships. He has been an active commercial real estate agent for 36 years and a CCIM since 1991. In 2001, Larry was awarded Salesperson of the Year by Prudential CRES Commercial Real Estate. Larry served as President of the Kansas City Chapter of…

Early Lease-Up Asset Sold in Renowned Stone Oak Neighborhood San Antonio, TX

Versal Partners is pleased to announce the sale of an early lease-up asset in the renowned Stone Oak neighborhood of San Antonio, Texas. This newly constructed property features 648 climate-controlled units spanning 68,127 NRSF across four floors. The site’s topography allowed the facility’s basement to act as an additional first floor, giving the ability to achieve first-floor rates across two separate floors. 58% of the facility’s NRSF is located on these first-floor levels. The property’s construction makes it a class-A self-storage facility in its own right, but its location in…

Self-Storage Site Selection Guidance with Storage Authority’s Navigator Report!

Are you ready to take the next step in building a profitable self-storage business but unsure where to start? Storage Authority is here to guide you every step of the way with our Navigator Report—a powerful tool designed to save you time, money, and effort in selecting the perfect site for your self-storage venture. What is the Navigator Report? The Navigator Report is your first step toward making an informed decision about a potential self-storage site. By leveraging available online data and the details you provide, we offer a preliminary…

Recent Transactions: 01.28.2025 – 02.03.2025

Recent self-storage transactions highlight varied strategies, from acquisitions in growing markets to developments in under-supplied areas. Operators leverage automation, prime locations, and local demand to drive immediate and long-term growth.   Portfolio: Nine-Property Self-Storage Portfolio Location: Midland and Odessa, TX Seller: Extra Space Storage Buyer: AVAD Capital Brokers and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of Capital Markets Investment Sales and Advisory Team of JLL NRSF: 782,998 Unit Count: 5,180 units Highlights: The assets are positioned in the Permian Basin, the highest producing oil field in…