Category: Self Storage News

10 Federal Storage, a leader in autonomous self-storage operations, is pleased to announce record-breaking third-quarter performance, with standout growth across its offerings. Building on this success, the company is expanding its third-party management platform to a limited number of properties and select self-storage owners starting in Q1 2025. Over the past three months, 10 Federal has added 23 properties to its portfolio, demonstrating the growing demand for its proven, tech-enabled management model. Exceptional Q3 2024 Results in a Challenging Market In a self-storage market marked by declining street rates and…

AMDG Innovations announced an inexpensive, modular solution for self-storage owners at the Texas Self-Storage Association (TSSA) annual conference and trade show. While the product is new to the United States, it has been installed more than 200,000 times in other countries over 15+ years and has a long history of performance. Besides pricing, what makes it different from other modular systems is the fact that it is flat-packed and easy to deliver to any site. Two workers can fully assemble the unit in four hours or less with basic tools.…

Storelocal Storage McClellan Park is a state-of-the-art storage facility that serves the North Highlands, Arden-Arcade, Rio Linda, Antelope, and Citrus Heights areas. To provide the best user experience to their tenants, and to streamline operational efficiencies, they have migrated their facility to Tenant, Inc.’s complete technology platform offering, including the Hummingbird Property Management Software platform. Tenant, Inc.’s suite of technology products is purpose-built specifically for the self-storage industry, allowing storage owners to provide a significantly improved user rental experience, advanced website security, and convenient, secure payment processing. “Storelocal in McClellan…

Safeguard Self Storage is excited to announce that the newly constructed Safeguard Self Storage facility at 130-02 South Conduit Avenue has received the prestigious 2024 New Construction Award in the Industrial category. This recognition highlights the exceptional quality and innovation in design and construction that the project embodies. The 2024 Building Awards Gala will take place on Thursday, October 10, 2024, at The TWA Hotel at John F. Kennedy International Airport, celebrating excellence in the design, construction, and sustainability of projects across Queens. This year marks the gala’s 98th anniversary,…

Go Store It Self Storage and StoreEase announce outstanding operating results for the strategic partnership’s virtually managed self-storage facilities. In the second quarter, the 37 select sites saw a more than 9% increase in revenue and an 11.5% gain in net income compared to Q2 2023. Additionally, 2,643 new customers moved into virtually managed properties, with at least 60% interacting with a Go Store It Virtual Manager® before renting. The average size of the 37 facilities was 565 units. “Our results underscore the success of our collaboration with StoreEase,” said…

Go Store It Self Storage and Snapbox Self Storage announced that the companies have merged, combining their industry-leading platforms to form one of the largest private self-storage operators in the United States. Operating as Go Store It Self Storage, the merged entity will oversee more than 10 million square feet of storage space and 145 locations across 23 states. “The merger with Snapbox Self Storage represents a transformative step for both companies, providing the combined company with a more robust platform for growth and operational efficiency,” said Go Store It…

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…