Author: Shinil Krishnan

StorTrack Launches Monthly Self-Storage MSA Reports for 360+ U.S. Markets

StorTrack is excited to announce the release of a valuable new feature exclusive to Unlimited Explorer subscribers: Monthly MSA Reports for over 360 Metropolitan Statistical Areas (MSAs) across the United States. These reports are designed to give operators, investors, and developers a reliable, high-level view of local market conditions — compiled monthly using StorTrack’s continuously refreshed dataset. While our platform updates data daily, the MSA Reports provide a consistent monthly snapshot, making it easy to monitor trends over time and compare markets side by side. Whether you’re evaluating a new…

White Label Storage Partners with Ai Lean to Simplify Lien Management

White Label Storage, one of the industry’s fastest-growing management companies, has partnered with Ai Lean—the only end-to-end lien compliance automation platform for self-storage—to simplify how owners and operators manage the lien process. Market data shows that delinquencies are on the rise, meaning more operators will be forced to navigate the notoriously complex lien process. Relying on manual workflows to resolve delinquencies leads to reduced revenue, increased legal risk, and time diverted from growth-focused initiatives. “We know firsthand how challenging delinquency resolution and lien compliance can be. That’s why we’re thrilled…

Are You Ready for Rental Season?

While the last few years have been challenging for the self-storage industry, one of the most positive and productive results of the volatile economy and lower street rents is that it has forced operators to take a hard look at their management platforms, operating procedures, expenses, unit pricing, and how their properties compete within their respective submarkets. We have all learned to survive with lower revenue and NOI growth. Today, we are starting to see signs that self-storage fundamentals are bottoming. External source reports that advertised rental rates are nearly…

Featured Broker: Jared Jones, CCIM

Jared Jones, CCIM, specializes in self-storage brokerage and investment property brokerage. Jared earned a Marketing degree and MBA from Pittsburg State University and achieved his Certified Commercial Investment Member (CCIM) designation in 2010, a highly respected designation earned by 10% of commercial real estate professionals. Dating back to 2007, Mr. Jones’ clients include publicly traded companies, developers, financial institutions, high net worth individuals, and private REITs. Mr. Jones specializes in self-storage investment brokerage with a primary focus on advising institutional, private equity and individuals in the acquisition and disposition of…

Recent Self-Storage Transactions: 04.29.2025 – 05.05.2025

This past week’s transactions reflect steady investor demand across Texas, Utah, and New York, focused on stabilized assets in secondary and suburban markets. The sale of Overflow Garage in Corpus Christi reflects continued interest in high-growth Texas metros. At the same time, Moove In’s acquisition in Hudson Valley, New York, strengthens its presence in the Northeast – a region marked by limited supply, strong household incomes, and consistent storage demand. Overall, the transactions point to a measured investment strategy prioritizing operational upside and/or expansion potential with strong long-term performance fundamentals.…

Self-Storage Units and Micro Appartments Development Planned in Downtown Santa Barbara, CA

Santa Barbara’s downtown is changing into a neighborhood of small apartments and micro-units, a shift that has created a sudden new need: Storage Units. The Santa Barbara Planning Commission recently approved a complex lot split, transfer of development rights and a development plan to build 760 storage units and 44 micro-units across a city block downtown. “There’s a tremendous undersupply of self-storage,” said developer Greg Reitz, principal of REthink Development. “About three times as much self-storage is needed in downtown Santa Barbara than is currently provided.” The project calls for…

Seven-Story Frontier Building Set for Major Transformation, which Includes a Self-Storage in Downtown St. Pete, FL

After sitting underutilized for years, the windowless Frontier building at 821 1st Avenue North is finally set to see new life. Plans have been filed with the City of St. Petersburg to redevelop the seven-story, 233,590-square-foot office and data center, which is partially leased by Frontier Communications. The proposed redevelopment includes 41,333 square feet of ground-floor retail space, 137,663 square feet of self-storage, and 54,594 square feet of office space. Originally constructed in 1928 by the General Telephone Company of Florida, the building was expanded in 1967 and 1970. It…

Locally-Owned Self-Storage Facility Opens in New Braunfels, TX

The self-storage facility, locally owned by Jorden Mahlar, has 573 units ranging from 5×5 to 15×60. New Braunfels Executive Storage also offers boat and RV parking, climate controlled and non-climate controlled units. New Braunfels Executive Storage, located at 4655 W. Hwy. 46, New Braunfels, opened April 28. Mahlar said they have an onsite ice machine available for public use and are planning to have food trucks on the property as well. New Braunfels Executive Storage 4655 W. Hwy. 46, New Braunfels, Texas www.newbraunfelsexecutivestorage.com Source

Go Store It Self Storage Expands Operations with New Self-Storage Facility in Longwood, FL

Go Store It Self Storage has opened an 800-unit facility at 1900 South US Highway 17-92 in Longwood, Florida, expanding its footprint in one of Central Florida’s fastest-growing markets. The property, which spans 5.03 acres and offers more than 83,000 square feet of rentable space, serves both residential and commercial customers in the Orlando–Kissimmee–Sanford area. In addition to traditional storage units, the facility offers covered parking at the rear of the property for storing boats, RVs, and vehicles — an increasingly sought-after amenity in the region. The new facility features…

MV Investment Announces Development of Premier Class A Self Storage Facility in Oxford, MS

MV Investment has closed on the development of a new climate-controlled self-storage facility in Oxford, MS with Miller Valentine Construction serving as the general contractor. Construction will begin on May 5, 2025, with an anticipated completion date in early 2026.  This three-story facility will feature 862 units designed for durability, security, and energy efficiency. The development is in the heart of Oxford, home of the University of Mississippi. Located inside a high-end retail and commercial service center, this location is conveniently situated at the intersection of two major highways with…