Author: Shinil Krishnan

Featured Broker: John Williamson

John is a Director in the Houston office of JLL Capital Markets, Americas. He joined JLL as a part of the HFF acquisition and brings seven years of experience in commercial real estate, with a focus on self-storage debt advisory with JLL Capital Markets, the national self-storage team. John has extensive experience in debt & equity placement, acquisitions & dispositions, real estate valuations, consulting services, and strategic analysis, including demographic study, in-depth market research, and financial analysis. During the course of his career, John has been involved in more than…

Recent Self-Storage Transactions: 07.01.2025 – 07.07.2025

Recent self-storage transactions reveal a clear investor focus on operational efficiency, stabilized cash flow, and long-term growth potential. Buyers are targeting a mix of fully leased portfolios and newer facilities with room to scale, favoring deals that offer immediate performance or value-add upside. Notable examples include a six-property portfolio in Oklahoma, an Extra Space-managed portfolio in Nevada, and a newly built Idaho facility with covered RV and boat storage. These deals highlight continued confidence in self-storage fundamentals, particularly in secondary and growing suburban markets.     Property: Tri City Storage…

SurePoint to Develop a Self-Storage Facility in The Woodlands, TX

SurePoint Development, a self-storage owner-operator based in San Antonio, will develop a 90,0000-square-foot (net rentable) facility in The Woodlands, about 30 miles north of Houston. The number of units has not yet been finalized. The site is located near the intersection of Six Pines Drive and Lake Front Circle within The Woodlands Town Center, and the property will feature climate-controlled space. Construction is scheduled to begin next spring and to be complete in the first quarter of 2027. Source

Mini-Maxi Storage Launches Professionally Managed Storage Facility in Tampa, FL

Local owners of Mini-Maxi Storage proudly announce the acquisition of the self-storage facility at 8891 North Florida Avenue, Tampa, FL 33604. This facility, managed by Absolute Storage Management (Absolute), features 373 units totaling 46,435 rentable square feet. It offers safe and secure non-climate unit options to the local communities of Tampa, Lake Magdalene, and Seffner. The Moser Family Partnership LP has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of June 16, 2025. Residents and businesses in…

Spacettes Small Business Park Launches Professionally Managed Storage Facility in Tampa, FL

Local owners of Spacettes Small Business Park – Annex proudly announce the acquisition of the self-storage facility at 8891 North Florida Avenue Tampa, Florida 33604. This facility, managed by Absolute Storage Management (Absolute), features 55 units totaling 35,750 rentable square feet. It offers safe and secure commercial space and parking unit options to the local communities of Tampa, Lake Magdalene, and Seffner. The Moser Family Partnership LP has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of…

Storage Post Self Storage Brings Three New Storage Properties Under its Management in New York, NY

As of July 1, three Sofia Storage properties in Brooklyn and Manhattan are now under the management of Storage Post Self Storage. With Storage Post employees on site, the company is actively working to transition new and existing self-storage customers to Storage Post, as well as activating on future improvements, including: Electronic Entry Codes: Tenants will receive personal access codes to access the facility and the elevators Climate-Controlled Storage: Facilities will be outfitted with heating and air conditioning systems Elevator Upgrades: Employee-led elevator operations will be replaced with automatic elevators…

Invesco Real Estate Income Trust Inc. Fully Subscribes IREX II Self-Storage Portfolio DST Offering

Invesco Real Estate Income Trust Inc. (“INREIT”), an institutionally managed public non-listed REIT, announced it has fully subscribed IREX II Self-Storage Portfolio Delaware Statutory Trust (DST), which raised $85.7 million in aggregate. The IREX II Self-Storage Portfolio DST consists of eight self-storage properties diversified in four states (TN, TX, NC, and OR) and 3,894 total rental units across 463,495 of net rentable square feet. The asset was sourced by Invesco Real Estate Income Trust Inc. (“INREIT”), which has a $945.3M total asset value as of May 31, 2025, diversified by…

AZ Storage and RV Parking Hosts Grand Opening in Pahrump, NV

With a crowd of around 30 friends, family, employees and chamber of commerce members, and with taco and ice cream trucks, AZ Storage and RV Parking cut the ribbon for their grand opening on Monday, June 23. The state-of-the-art self-storage, RV and boat parking facility is located at 2530 E. Commerce St. in Pahrump. The new property has “296 [self-storage] units, and 48 RV spaces; 10 covered, and 38 uncovered,” explains Sylvia Sumner, who owns the business with her husband, Justin. The storage units are available in four sizes, ranging…

Featured Brokers: Argus Self Storage Advisors, Minnesota Team

Tom Flannigan: Tom Flannigan is the Argus Self Storage Advisors affiliate for Minnesota, Iowa, and the Dakotas. Since 2012, he has specialized in the ac­quisition, disposition and evaluation of self-storage properties of all types and sizes. Tom is the Managing Director of Area CRE Services in Minneapolis and leads a team of Storage Advisors responsible for selling over $500 million of self-storage facilities in the Midwest. P: 612-790-3747 Alex Ihrke: Alex Ihrke is a member of Area CRE Services and a broker associate for the Argus Self Storage team representing…

Former Outdoor Living Store Site to Transform into Self-Storage in Whitehall Township, PA

The former Green Acres Outdoor Living site in Whitehall Township has been sold to a developer who plans to build a self-storage facility. HSS Mickley LLC purchased the 1.5-acre parcel at 1176 Mickley Road for $2.3 million in May, according to Lehigh County real estate records. HSS Mickley shares an address in Berwyn, Chester County, with Hearthfire Holdings, a real estate investment firm specializing in self-storage facilities. The township planning commission approved Hearthfire’s plan for the site in August. According to Green Acres’ website, the company opened a year-round lawn…