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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…

SmartStop Self Storage REIT, Inc. Expands Portfolio in the New York Metropolitan Region

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, is pleased to announce the acquisition of two premier Class A storage facilities in the New York Metro region. The first facility, located at 1204 Broad St. in Clifton, New Jersey, encompasses approximately 116,100 net rentable square feet. Boasting a traffic count of approximately 158,800 vehicles daily from State Highway 3 and Broad Street, this prime location is conveniently situated across from a well-established retail store. The property features a three-story building with a…

2025 Outlook – by, Ben Vestal of Argus Self Storage Advisors

It’s that time of year when we reflect on the lessons learned in 2024 and set our sights on the new year. Without question, 2024 proved to be a very challenging year. There was real anxiety related to soft market fundamentals, rising interest rates which made most investment reports irrelevant, and pricing discovery on every deal. In many ways, 2024 was not that much different than 2023. What we do know is that the investment market has continued to evolve and the overall outlook for 2025 is cautiously optimistic. Over…