Category: Self Storage News

National Storage Affiliates Trust (NSA), a major player in the self-storage industry, has partnered with community solar developer Solar Landscape to roll out 100 megawatts (MW) of solar capacity across 8.5 million square feet of NSA’s rooftop space. That’s enough solar panels to cover roughly 1,000 of NSA’s self-storage properties scattered across 42 states and Puerto Rico. Here’s why this matters: these rooftop solar installations won’t just power NSA’s facilities – they’re set to generate clean energy for nearby homes and businesses at a discount, thanks to the community solar…

Direct Equity Source, a leading real estate private equity firm, is pleased to announce a strategic partnership with AAA Storage, an industry-leading self-storage company. Direct Equity Source, via its recently formed fund, will be the largest single investor in AAA Storage’s current multi-property Growth Fund I, and significantly expand its self-storage portfolio across the United States. This partnership combines Direct Equity Source’s extensive experience in real estate private equity and financial acumen with AAA Storage’s operational expertise and industry-leading storage solutions. Direct Equity Source’s investment will expand AAA’s ability to…

LandPark Advisors, LLC, in collaboration with Sunset Capital, LLC (collectively, “LandPark Sunset Storage III”) acquired a newly constructed, Class A self-storage facility in the vibrant city of Tomball, Texas. The facility, currently known as “Sentinel Self Storage,” will soon operate under the brand of Right Move Storage. Sentinel Self Storage features 80,195 rentable square feet of storage space totaling 350 units and is situated on 4.73 acres. Construction began in 2023 and the facility officially opened for business in April 2024. Sentinel Self Storage offers a range of amenities including…

Storagely becomes the first to integrate Calcumate as a standard feature Storagely has become the first company in the world to choose to integrate Calcumate, the world’s leading 3D storage calculator (size guide), directly into its technology as a standard feature. From today, all customers on Storagely’s Professional and Enterprise packages will have access to Calcumate as a standard inclusion. Not only will Calcumate be included as standard, but it will be integrated deeply within the Storagely booking flow. The Calcumate functionality will be rolled out progressively to Storagely’s existing…

Andover Properties is pleased to announce the launch of Andover Storage Lending, a program to originate non-recourse financing for self-storage sponsors nationally. Andover Storage Lending will provide bridge and construction financing for up to 90% of value without requiring third-party management or bank deposits. The program’s originated its first loan origination to Madison Capital | Go Store It to refinance a Class A self-storage facility located in Richmond, VA. Several other loans in negotiation are expected to close in Q2. Brian Cohen, President and CEO of Andover Properties, said, “Our…

Citizen Storage Management, an industry leader in third-party self-storage facility management, proudly announces the management takeover of two new properties located at 500 N Wildwood Blvd, Cape May Court House, NJ 08210, and 1802 N Reading Rd, Stevens, PA 17578. The New Jersey property was taken over on January 25, 2024, while the Pennsylvania property joined the Citizen Storage portfolio on May 8, 2024. Citizen Storage Management excels in transforming the self-storage business by implementing cutting-edge technology and advanced management tools. These innovations streamline daily operations, significantly enhancing efficiency and…