Day: May 27, 2025

Spartan Investment Group Opens Self-Storage Facility in Eustis, FL

Spartan Investment Group has opened FreeUp Storage Eustis, a 660-unit self-storage facility located at 36536 S. Fish Camp Road near Lake Eustis in Grand Island, about 47 miles northwest of Orlando. Spartan Construction Management, a general contractor affiliate of the Colorado-based developer, broke ground on the facility in June 2024. FreeUp Storage Eustis features 340 climate-controlled units and 266 non-climate-controlled units across nearly 67,000 rentable square feet. Source

StorTrack Market of the Month: Kannapolis, NC

StorTrack’s featured market this month is Kannapolis, NC. Located just northeast of Charlotte, Kannapolis is one of the fastest-growing cities in the region, with a population increase of over 20% in the last decade. The city is undergoing a major transformation, anchored by the $1.5 billion North Carolina Research Campus, a public-private hub for health, nutrition, and biotech research. How is Kannapolis as a self-storage market, and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment. Self…

Featured Broker: Logan Foster

Logan Foster is an Associate on the Investment Sales Team at Versal, based in the Austin, Texas office. Specializing exclusively in self-storage, she has successfully facilitated the acquisition and disposition of assets for a range of clients, from private investors to publicly traded REITs, across most regions of the United States. Logan joined Versal as a licensed real estate professional in 2022 and has since developed substantial expertise in acquisitions and dispositions, self-storage evaluation and consulting services, and financial analysis. She values the relationships she has built within the industry…

Recent Self-Storage Transactions: 05.20.2025 – 05.26.2025

Recent self-storage transactions reflect strategic investor moves across core and niche storage segments. Reframe Holdings acquired a portfolio of eight institutional-quality facilities in Dallas, Austin, and Houston, signaling a focus on top-tier markets and operational efficiency through third-party management by Extra Space Storage and CubeSmart. Meanwhile, the sale of a Class A RV and boat storage facility in Magnolia, Texas, and a newly built site in Clarklake, Michigan, point to increasing interest in lifestyle-oriented storage solutions across both suburban and secondary markets.     Property: Right Move Storage Location: Houston,…