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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…

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…

Pacific Storage Building Steps into a Bold New Era as StorQuest Self Storage in Stockton, CA

Longtime friends and business leaders Bill Hobin and Phil Johnson have teamed up to reimagine a beloved Stockton landmark, bringing fresh purpose to the iconic Pacific Storage building. For more than a century, the Pacific Storage building at 523 N Hunter St. has been a cornerstone of downtown Stockton. Now, it’s stepping into a bold new era as StorQuest Self Storage—where history meets innovation. Blending history with innovation, the duo has reimagined the space as a state-of-the-art self-storage facility, ensuring its legacy remains an integral part of Stockton’s story. “Stockton…

Self-Storage Units Proposed on a Lot in Palmerton, PA

A lot at a longtime car wash in the west end section of Palmerton could be converted into self-storage units. Borough Council recently approved the planning commission’s recommendation regarding the Mauch Chunk Road car wash subdivision and land development plan. Borough Manager Autumn Canfield said the owner is listed as Mauch Chunk Wash & Storage LLC and added that the plan indicates self-storage units on one of the lots to be created. She said the car wash is not in use. After the meeting, Borough Manager Autumn Canfield said the…

Safeguard Self Storage Completes Second State-Of-The-Art Self-Storage Facility in West Haven, CT

Safeguard Self Storage, a leader in providing state-of-the-art self-storage solutions, is excited to announce the opening of its second self-storage development in the State of Connecticut. The property, located at 400 Derby Avenue in West Haven, was purchased in May 2022, and opened its doors to the surrounding community and neighborhood on May 9, 2025. Stan Bonilla, senior vice president of development at Safeguard Self Storage, enthusiastically stated, “Our mission at Safeguard is straightforward: to make each storage facility better than the last. With this location, we cater to the…

Overflow Storage Opens a New Self-Storage Facility in Rose Hill, NC

Overflow Storage, a locally family-owned business, held its grand opening last week, filling the gap for everyday storage needs. Family members, the Roanoke Valley Chamber of Commerce and supporters celebrated the event with a ribbon-cutting ceremony on May 6. Owners Michael and Tammy Colston said they had researched ways to use their 20 acres of land at 3940 North Carolina Highway 903 in a way to help their community. Tammy said they determined there was a need for self-storage in that surrounding area. “Especially for people visiting Lake Gaston each…

Navigating Offers: Choosing the Right Path to a Successful Self-Storage Sale

When selling a self-storage facility, the selection of the right offer and buyer is critical. Sellers do not want to waste time in a deal that collapses weeks or months later due to easily avoidable due diligence issues that buyers should have determined on the front end. While a buyer’s initial enthusiasm and speed in submitting an offer might seem appealing, a rushed, high-priced bid isn’t always the most secure option. Experienced brokers and sellers prioritize thoughtful, well-researched offers, even if they take a little longer to materialize. An offer…

How to Be Ready When Natural Disasters Strike Self-Storage

With hurricane season officially less than a month away, it isn’t too soon to begin thinking about what you’d do if disaster struck. In fact, whether you’re facing facility fires or wildfires, floods, mudslides, snowstorms, tornadoes, earthquakes, hurricanes or other disasters, there are steps you can take to prepare and protect your facility before the event and to rapidly restore your facility after the damage is done. Prepare Your Facility. Is your facility built to withstand a disaster? One area that can be beefed up to prepare for the unexpected…

Talonvest Negotiates $66.1 Million of Construction Loans for Self Storage Facilities in Hollywood, CA and Bordentown, NJ

Talonvest Capital, Inc., a boutique mortgage brokerage firm, is pleased to announce $66,100,000 of construction loan closings for its long-time client, 1784 Holdings, LLC. The first transaction was a $46,700,000 construction loan for the development of a state-of-the-art self storage facility located on a prime thoroughfare in North Hollywood, CA. The property will have almost 98,000 net rentable square feet across 1,144 climate-controlled units. The second financing was a $19,400,000 construction loan for a premier self-storage development in Bordentown, NJ. Situated on 5.4 acres, the project will offer over 77,000…