Author: Shinil Krishnan

Featured Brokers: Tom de Jong, Jacob Becher, Nate Fliflet, Brendan Carney, Dana Chobor and Jack Parkan

The de Jong I Becher Self Storage Team, consisting of Tom de Jong, Jacob Becher, Nate Fliflet, Brendan Carney, Dana Chobor and Jack Parkan, has a combined 30+ years of dedicated self-storage experience with an excess of $2 billion in closed transactions throughout the United States, including small single asset sales and large multi-property portfolios. Our team has a deep network of connections within the self-storage industry ranging from single facility owners to the largest institutional owner-operators and REITs (public and private). To find out what your asset(s) is worth,…

Self Storage Market of the Month: Folsom, CA

StorTrack’s featured market this month is Folsom, CA. Folsom is a city in the Sacramento region, known for its strong economy, driven by major employers like Intel and Kaiser Permanente. It boasts highly ranked schools, low crime rate, abundant natural amenities like Folsom Lake, and ongoing residential and commercial development. How is Folsom 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 Storage Market Metrics for Folsom,…

Recent Transactions: 01.07.2025 – 01.13.2025

    Property: Coastal Boat & RV Storage Location: Brunswick, GA Brokerage: Coastal Storage Group, broker affiliate of Argus Self Storage Advisor [Coastal Storage Group rebranded from Weaver Realty in January of 2024 and has been the Argus Self Storage Advisor Affiliate since 1999 covering the state of Florida and now the South Georgia territory.] Acreage: 5.26 acres Unit Count: 115 parking spaces, 16 fully enclosed parking bays, and 2 retail office spaces     Property: Two Self-Storage Facilities Location: Pulaski, WI Asking Price: $4.275 Million Brokerage: Jonathan Glassco and…

Featured Broker: Ashley Compton

Ashley Compton is a Principal and Vice Chairman at Colliers and also a leader of the Colliers Self Storage group which specializes in advising clients in the disposition, acquisition and recapitalization of self-storage facilities throughout the United States. His single mission for each client is to utilize his knowledge and experience to exceed expectations. He develops a customized marketing plan for each client to ensure maximum sales proceeds while minimizing exposure to risk by reducing the transaction timeline. Integrity, ethics and experience guide every interaction and define his service approach…

Andover Lending Provides $21 Million Construction Loan for Texas Self Storage Project

Andover Lending, a platform that seeks to originate non-recourse financing for self-storage sponsors nationally, today announced that it has provided a $21 million construction loan to a joint venture between LaTerra Development and Platinum Storage. The loan will fund the redevelopment of a former retail location in Irving, Texas, into a Class-A self-storage facility. Located at 2488 Market Place Blvd. – a prime location immediately adjacent to a Home Depot and a to-be-developed H-E-B supermarket – the 195,000-square-foot, multi-story facility will feature climate-controlled units along with drive-up and enclosed RV…

New U-Haul Facilities Next to Existing Self-Storage Approved on Spencer Street in Manchester, CT

Town officials approved a plan for U-Haul to expand its presence on Spencer Street with two new storage buildings. The project site encompasses 7.12 acres of land between 77 and 113 Spencer St. in Manchester, next to the company’s self-storage facility and across the street from developments like Connect55+, Squire Village and a planned auto body shop. After receiving a unanimous approval from the Planning and Zoning Commission at its meeting Monday night, U-Haul plans to construct two buildings: a three-story, 36,419-square-foot retail hub and customer storage facility located along…

County Planners Approve Proposal for Self-Storage Business in Frederick County, MD

A self-storage unit business received Frederick County Planning Commission approval on Wednesday for a new facility planned near Adamstown. The project is for 44,000 square feet of indoor storage space on a 6.7-acre site at Stanford Industrial Park on Winchester Street, according to county documents. The plan submitted by 29 Stanford LLC, the applicant, is for four buildings. The main building would be 4,000 square foot and one story. The plan calls for two additional two-story buildings each with 16,000 square feet of storage. There would also be an 8,000-square-foot…

National Storage Partners Unveils New Brokerage Brand And Leadership Team

Founding member Hans Hardisty, CCIM, MBA welcomes national directors Nicholas J. Malagisi, SIOR and Connie Neville, JD to the executive team.” National Storage Partners is thrilled to announce the launch of its new brand and the formation of an exceptional leadership team dedicated to providing unparalleled brokerage and consulting services in the self-storage industry. Founding member Hans Hardisty, welcomes national directors Nicholas J. Malagisi, SIOR and Connie Neville, JD to the executive team. Each of these industry leaders brings a wealth of experience, positioning National Storage Partners as a premier…

JLL Capital Markets Led the Financing Efforts for Liberty Storage Center in Jersey City, NJ

JLL Capital Markets announced today that it has arranged construction financing for Liberty Storage Center, a 103,530-square-foot, to-be-built self-storage facility in Jersey City, New Jersey. JLL worked on behalf of the borrower, Tulfra Realty Company, to secure the construction loan with Fulton Bank, NA. The property will be leased and managed by Public Storage. Liberty Storage Center is located at 300 McGovern Dr. in the southern portion of Jersey City, the second most populous city in New Jersey. Jersey City has benefited from a nearly 30% increase in residents since the…

FreeUp Storage Announces a Rollout of StoreEase’s Virtual Technology Platform

We’re excited to partner with FreeUp Storage, one of the industry’s top operators, to advance a more efficient and customer-centric operational model. Every rental and service interaction counts. By delivering a consistent Virtual Manager®, extended office and phone hours, and enhanced customer service, this partnership will drive both revenue and customer experience. FreeUp Virtual Managers are leading the way in this transformative approach.” –  Josh Boyd [CEO, StoreEase] FreeUp Storage has announced a strategic partnership with StoreEase to integrate its cutting-edge Virtual Technology Platform across FreeUp’s portfolio. FreeUp Storage received…