Recent Self-Storage Transactions: 04.22.2025 – 04.28.2025

Strategic Storage Trust VI, a REIT sponsored by SmartStop Self Storage, recently acquired two properties encompassing 1,900 units across two facilities in Vancouver, WA, and Bradenton, FL. The Vancouver facility, built in 2020, features primarily climate-controlled units, reflecting consumer demand for premium storage options, while the Florida deal strengthens the REIT’s footprint in the growing Sunbelt region. These deals highlight ongoing institutional interest in high-quality assets in strong demographic markets, reinforcing confidence in the sector’s long-term fundamentals and underscoring REITs’ continued pursuit of strategic growth opportunities.     Property: Self…

SmartStop Self Storage Expands Digital Capabilities With Mobile App Rollout Across All Locations in the US

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, is pleased to announce that its SmartStop Self Storage Mobile App is officially available at all 220 locations across the United States and Canada. After a successful phased rollout, the SmartStop Self Storage mobile app is now accessible to all SmartStop customers. It offers an enhanced, tech-forward experience that puts control at their fingertips. The SmartStop mobile app is a…

Self-Storage Facility Proposed for Hollister Avenue in Western Goleta, CA

Eagle-eyed residents may have noticed story poles for a new development in western Goleta during the past few weeks. The story poles outline a proposed 202,920-square-foot self-storage facility at 7780 Hollister Ave., which is currently the site of a parking lot. The site is next to Westmont of Santa Barbara, an assisted-living facility, and across the street from the Ellwood Mesa butterfly grove. Earlier this month, Goleta’s Design Review Board held a conceptual review for the project and encouraged developers to scale back the size and go for a rural…

Stor-It Self Storage Opens its Newest Location in Boise, ID

Stor-It Self Storage, the largest private storage operator in Idaho, today announced the grand opening of its recently completed first phase at their 6099 S. Federal Way Boise Facility (Yamhill Road and Federal Way). The grand opening event will take place on May 5, 2025, at 2:00 PM onsite. The impressive first phase of this Class A project was built by Forge Building Company, an Idaho Company. The facility features 240,000 square feet of drive-up storage, climate-controlled storage, indoor storage, commercial storage, commercial office suites, large angled covered parking, and…

Colliers Launches Stockhausen & Hernandez Self-Storage Team to Facilitate Self-storage Investment Sales Across the Mid-Atlantic region in the US

Colliers is excited to announce that Rob Stockhausen, CCIM, and Albert Hernandez, CCIM, have launched a Self-Storage Team, leveraging their combined experience to deliver superior results for self-storage investment clients. The focus of the Stockhausen-Hernandez Self-Storage Team will be facilitating self-storage investment sales across the Mid-Atlantic region by leveraging extensive market knowledge, transaction experience, and the Colliers global platform. Their services will encompass strategic asset valuation, in-depth market analysis, transaction advisory, as well as marketing and exposure. Stockhausen & Hernandez will represent both buyers and sellers, and their expertise spans…

Arcland and Self Storage Plus Expand With a New Self-Storage Facility in Huntsville, AL

Arcland Property Company is pleased to announce the upcoming opening of a new self-storage facility at 2918 Green Cove Rd. SW in Huntsville, Alabama. The newly constructed property will be managed by Self Storage Plus and marks the brand’s first entry into the Alabama market. Noah Mehrkam, CEO of both Arcland and Self Storage Plus, shared his excitement: “We’re thrilled to bring Self Storage Plus to Huntsville, a rapidly growing community with an increasing demand for high-quality storage solutions. Our team has worked hard to deliver a secure, convenient, and…

Nuveen Real Estate Announces $150 Million Allocation from CalSTRS to Invest in Self-Storage Sector in the US

Nuveen, the investment manager of TIAA and one of the largest real estate managers in the world with $141 billion in real estate assets under management, has announced the closing of a separately managed account for the California State Teachers’ Retirement System (CalSTRS) to invest in self-storage assets across the United States. This strategic collaboration includes an initial equity commitment of $150 million from CalSTRS, alongside a 10% equity commitment of $16.6 million from the TIAA General Account for a total allocation of $166.6 million. The strategy will focus on…

Plan Approved to Add Self-Storage Business, Coffee Shop and Laundromat Near Enon, OH

Clark County Commissioners approved rezoning last week to allow changes to a strip of businesses in Mad River Twp. just southwest of Enon. During a public hearing at the April 16 meeting, commissioners approved the rezoning of 1.46 acres from B-3 (general business) to B-4 (heavy business) for 6821-6847 Dayton-Springfield Road to allow a climate-controlled, indoor, self-storage facility, in addition to the existing restaurant and proposed laundromat and coffee shop. Commissioners approved the request from Josh and Maria Homes LLC by a 3-0 vote. The current space houses a restaurant…

Self-Storage Units Planned for Lot Near Lewiston High School in Lewiston, ME

Axess Self Storage is adding another location in the Lewiston-Clarkston Valley, with new storage units expected to open in fall Storage units are starting to take shape on a prominent lot near Lewiston High School. Expected to be complete in late September or early October, the 609 units in 12 buildings will have a total of 104,000 square feet of storage, said Cody Merrell, owner of Axess Self Storage, based in Moscow. The Axess Self Storage units and an office for them are being built at 1125 Warner Ave., just…

Recent Self-Storage Transactions: 04.15.2025 – 04.21.2025

The self-storage transactions from April 15-21, 2025, reflect a mix of investment strategies shaped by regional growth and evolving consumer needs. From high-demand suburban hubs like Westland, MI and Carrollton, TX, to emerging secondary markets like Clovis, NM, buyers pursued assets offering a balance of scale, expansion potential, and revenue upside through operational efficiencies. Some acquisitions aimed to strengthen local market presence, while others focused on facilities with diversified unit mixes and long-term growth potential. Collectively, the deals highlight sustained investor interest in well-positioned, adaptable assets across both established and…