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,…

Anthem Self Storage Expands Secure Self-Storage Services to More Communities in Everett, WA

Anthem Self Storage, a locally operated storage facility based in Everett, Washington, has officially announced the expansion of its secure self-storage services to residents and businesses in Cascade View, Twin Creeks, and surrounding areas. This strategic rollout brings enhanced storage accessibility and high-standard security features to meet the growing demand for reliable personal and commercial storage in the region. The newly expanded service offering is designed to address common space constraints faced by both individuals and businesses. With an increasing number of households undergoing transitions such as downsizing, home renovations,…

Ribbon Cutting Celebrates the Opening of Oxford Self Storage LLC in Oxford, CT

Oxford Self Storage LLC marked a significant milestone with a successful ribbon-cutting ceremony on May 14 at its new facility located at 2 Pheasant Run Road, Oxford. The event was attended by local dignitaries, family members, and business leaders, all coming together to celebrate the opening of this state-of-the-art storage facility. The ceremony featured a formal ribbon cutting, followed by guided tours of the facility, showcasing its modern amenities and secure storage solutions. Guests had the opportunity to meet the Oxford Self Storage team, learn about the services offered, and…

Recent Self-Storage Transactions: 05.13.2025 – 05.19.2025

        Portfolio: Summit Self Storage Portfolio Locations: Fort Collins and Loveland, CO Brokers and Brokerage: Ben Vestal, Cole Carosella, and Matthew Cox of The Argus Self Storage Advisors (Colorado team) NRSF: 99,520 Square Feet: 96,700 (an additional 2,820 square feet of office/warehouse) Unit Count: 785 units Average Occupancy: 82%     Property: Delano Mini Storage Location: Delano, Minnesota Brokers and Brokerage: Matt Haugen, Alex Ihrke, Nathan Gottlieb and Tom Flannigan of Argus Self Storage Advisors NRSF: 21,280 (drive-up self-storage) Highlights: The facility consistently maintains high occupancy, making it a…

Palm Coast Council Approves a New Self-Storage Facility on Pine Lakes Parkway in Palm Coast, FL

Overriding a decision by its Planning Board, the Palm Coast City Council today granted a special zoning exception to allow construction of a 100,000-square-foot storage facility on 6.8 acres off Pine Lakes Parkway, halfway between Belle Terre and Palm Coast Parkway. The Planning board, in an unusual decision, voted 4-2 to deny the special exception, saying there were enough self-storage facilities as it is: social media pages are rife with screeds about a surfeit of storage facilities. The developer appealed to the City Council. Council members found the planning board’s…

Devon Self Storage Assumes Management of Self-Storage Facility Near Graceland in Memphis, TN

Oak Brook-based Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., has assumed the property management of a self-storage property located in Memphis, Tennessee. The two-story facility, located at 1215 East Shelby Drive and owned by Global Memphis Shelby, LLC, is comprised of 1,146 climate-controlled units and 104,873 rentable square feet. The property also features convenient loading and unloading areas, 24-hour video surveillance and access systems, a variety of storage sizes and is accessible via in-store or online contactless rentals. “We’re thrilled to assume management…

Following New Partnership, West Coast Self-Storage Manages Nova Storage Facility in Adelanto, CA

A well-known self-storage facility in Adelanto is now under new management following a strategic partnership between Nova Storage and West Coast Self-Storage, the companies announced this week. The Adelanto location, along with nine other Nova Storage sites across Southern California, will now be managed by West Coast Self-Storage, a major self-storage operator based in Everett, Washington. The change is expected to bring enhanced services and operational upgrades while keeping the local team and customer-friendly focus intact. “This partnership represents an exciting new chapter,” said Felicia Thomas Orozco, District Manager for…

Spartan Investment Group Opens Self Storage Property in Eustis, FL

The facility was built to meet growing demand in one of the nation’s top emerging markets. Colorado-based real estate investment firm Spartan Investment Group has opened FreeUp Storage Eustis, a 660-unit 76,200 square-foot Class A asset located in Eustis, Fla. The company built the property from the ground up to meet self-storage facility needs in Central Florida. According to sources, Spartan bought the site located at 36536 South Fish Camp Road in the summer of 2024 from a private owner, receiving a $6 million construction loan from Renasant Bank. Spartan’s…