The latest self-storage transactions showcase diverse investment strategies, with buyers targeting high-growth metros and secondary markets with strong fundamentals. Some acquisitions offer value-add potential, such as a multi-property portfolio in Arkansas slated for significant upgrades. Others are driven by strategic positioning, like a facility in Georgia benefiting from proximity to key economic hubs and a military base with approved plans for expansion. Meanwhile, an institutional investor’s acquisition of a large, professionally managed facility in Hawaii reflects continued confidence in well-established markets. These deals underscore the sector’s resilience, with investors balancing…
Category: Featured Home Slider
Construction of Storage Facility Begins Along Loxahatchee Road – Palm Beach County, FL
A self-storage facility has begun construction along Loxahatchee Road in Parkland. The project was approved in the spring of 2024, when the Parkland City Commission voted unanimously to amend the Future Land Use Map to Commercial, which allowed the 4.35 acres to be rezoned to Self-Storage. The building is expected to be a 3-story, approximately 150,000-square-foot facility. The project is owned by Parkland Storage, LLC, and the land where the storage facility will be located is at 7820 Loxahatchee Road. Source
Inland Real Estate Investment Corporation and Devon Self Storage Complete New Self-Storage Property in Springfield, MA
Inland Real Estate Investment Corporation and Devon Self Storage have completed the construction of a 59,837-square-foot Class-A self-storage facility located in Springfield, Massachusetts. Located at 2155 East Columbus Avenue near a major downtown thoroughfare and the I-91 overpass along the Connecticut River, the property previously served as a historic factory building. The redeveloped facility is comprised of three interconnected buildings encompassing 601 climate-controlled self-storage units, drive-thru unit capability and a 24-hour security system. “Considered a top underserved market for self-storage in 2024, we are pleased to help close the market’s…
Self-Storage Market Update – Spring 2025
Recently I had the pleasure of moderating a panel of some of the top players within the self-storage space nationally, from REITs to small operators, developers, a general contractor and several lenders. To start 2025 the operators commented that tenants have become stickier – allowing the implementation of multiple rounds of ECRI’s (Existing Customer Rate Increases), helping increase overall portfolio incomes. While the early leasing season is showing promise it still lags well behind the peak years of 2021-2022 and is slightly below the pre-COVID years but markedly improved over…
A New Self-Storage Facility Opening Soon in Avondale, AZ
Location: Southwest corner of Indian School and Osborn roads, directly south of a neighborhood that includes residents from both Avondale and Litchfield Park. Description: Extra Space Storage is building a new 564-unit storage facility atop a 2.3-acre site that has been undeveloped for nearly 30 years. About 110,000 square feet of the facility will be used for storage space, while another 900 feet will go toward office space. History: The Avondale City Council approved a conditional use permit for the project in 2021 after city staff and the Planning and…
Newburgh Elite Self Storage Project Approved in Newburgh, NY
The Town of Newburgh Planning Board granted conditional approval for the Newburgh Elite Self Storage project at its March 6 meeting. Conditions of approval include addressing technical comments from MHE Engineering regarding storm-water management, signage, driveway reconfiguration, site access, security, and fees recommended by the planning board attorney. The project, located at 7 Paffendorf Drive, is proposed for a 9.2-acre parcel and includes four self-storage buildings totaling approximately 56,700 square feet. The property is owned by CBPS III, LLC. A public hearing on Feb. 6 drew opposition from several Paffendorf…
Great American Self Storage Opens a New Self-Storage Facility in Fort Myers, FL
Great American Self Storage is excited to announce its Fort Myers facility’s ribbon cutting ceremony on Thursday, April 3, 2025, from 3:30 PM to 5:30 PM. The storage company is partnering with the Animal Refuge Center (ARC) to host a pet adoption event during the festivities to celebrate joining the Fort Myers community. “We wanted our grand opening to be more than just about new storage units,” says Cynthia Heisler, Property Manager at Great American Self Storage Fort Myers. “We’re here to be part of this community, and what better…
Developer Submits Altered Plans to Expand Self-Storage Facility in Englewood, CO
The owner of a self-storage facility in Englewood is requesting city approval of plans to expand the business after withdrawing a similar set of plans last month. Joey Madden, president of MSC Englewood LLC and owner of Extra Space Storage located at 360 W. National Road in Englewood — which is in a former K-Mart building — submitted a request earlier this year to expand the storage facility and develop additional retail and public space along West National Road. After the planning commission recommended the denial of Madden’s request, he…
Talonvest Capital and Madison Capital Secure Bridge Loan for Class A Self Storage Facility in North Las Vegas, NV
Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, has successfully arranged an $11,900,000 bridge loan for a state-of-the-art, Class A storage facility in North Las Vegas, NV. The transaction was completed on behalf of longstanding client Madison Capital Group, reinforcing the strength of the strategic partnership. Located at 345 East Ann Road, the facility features 661 climate-controlled units and 60 non-climate units and is professionally managed by Go Store It, Madison Capital’s in-house management company. As part of the business plan, Go Store It aims to…
White Label Storage Attains Google Partner Status
We are thrilled to be recognized as a Google Partner. This achievement is a reflection of our marketing team’s expertise and relentless pursuit of delivering exceptional results for our clients. As a Google Partner, we are even more equipped to help self-storage facilities drive growth, increase occupancy, and maximize their return on investment.” – Liisi Fall, Director of Marketing at White Label Storage White Label Storage, a leader in third-party management for self-storage businesses, has officially earned Google Partner status. This achievement is a significant milestone for the company and…