Category: Sponsored

Local acquisition of Absolute Storage is bringing professional self storage management to the city of Aiken. The facility is located at 1504 Silver Bluff Road Aiken, SC 29803. This facility is comprised of 349 units totaling 46,775 rentable square feet, providing safe and secure climate-controlled unit options to the local communities of New Ellenton, Aiken, and Augusta. The ownership group has contracted with Absolute Storage Management (Absolute) to provide professional self storage management services and the facility is officially under Absolute’s management as of 4/19/2023. If you would like to…

NexPoint Storage Partners, Inc. acquired the assets for inclusion in NexPoint Storage IV DST, which aims to raise $70.3 million. The assets are managed by Extra Space Storage and offer revenue and value growth potential in two of Arizona and Florida’s MSAs.” NexPoint Storage IV comprises three GenV assets in Arizona and Florida MSAs with population growth potential. NexPoint, a multibillion-dollar alternative investment firm, today announced the launch of NexPoint Storage IV DST, a Delaware statutory trust (“DST”) offering comprised of three Class A, GenerationV (“GenV”) assets in submarkets with…

Liberty Investment Properties has partnered with the StoreEase Virtual Management platform to improve revenue by employing a proprietary and proven virtual management model while significantly reducing costs.” Liberty Investment Properties, a leading real estate investment firm, has raised over $43 million in equity for its Liberty Storage Fund II. This funding will be utilized to purchase self-storage facilities in the Southeast region of the United States. With a diverse portfolio totaling over $1 billion in assets, Liberty Investment Properties has consistently provided outstanding yields to its private investors while simultaneously…

Local acquisition of Jane Self Storage is bringing professional self-storage management to the city of Jane. The facility is located at 41 Missouri Lane Jane, MO 64856. This facility is comprised of 277 units totaling 60,955 rentable square feet, providing safe and secure climate-controlled, non-climate, and parking unit options to the local communities of Bella Vista, Pineville, and Bentonville. The ownership group has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services and the facility is officially under Absolute’s management as of 3/27/2023. If you would like…

The SBOA will be at the ISS World Expo April 11-14 in Las Vegas. Be sure to stop by booth #357, say hello, and spin the prize wheel! See all our upcoming events here: https://thesboa.com/upcoming-events/   Featured Listing from List Self Storage: Brunswick Climate Controlled Storage_125 Scranton Connector_Traditional Site_Brunswick, GA

HELOX represents our commitment to continued unit-level security innovations; The changing demographics in storage unit tenants and the demand for simplified shareable key offerings require solutions that provide both elevated security and user convenience. This lock provides both.” PTI Security Systems™, part of ASSA ABLOY and the global leader in access control technologies for the self storage industry, announced today a new product in its security arsenal that merges the strength of fortified steel with keyless Bluetooth technology. The HELOX padlock offers self storage operators and tenants an easy-to-use, almost…

Nine self storage properties are successfully facilitated Storage Exchange announces the closing of nine self storage properties in Q1 2023, comprising over 269,000 NRSF. These properties are located in Texas, Arizona, and Louisiana. Ideal Self Storage: Located in Central Texas, this 6-property portfolio contains 155,765 rentable sq. ft. The portfolio’s 24.05 acres are well-positioned in the trade area. Liam Duddy, Director of Investment Sales for Storage Exchange, facilitated the sale of all 6 locations. Xtra Space Self Storage: Located near Prescott Regional Airport in Chino Valley, AZ, the 48,475 sq.…

With the sector’s strong fundamentals, we expect to see continued growth, investment, and a surge of acquisitions throughout 2023” Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, released its U.S. Self Storage Performance Quarterly (SSPQ) report, measuring the health of more than 19,000 self storage facilities in the country’s 50 largest Metropolitan Statistical Areas (MSAs). Despite physical occupancy of non-climate-controlled self storage units declining by -1.0% year-over- year (YOY) nationwide, the self storage sector saw a 7.4% uptick in asking rental rates and 5.7% increase in…

  We are very excited about this unique opportunity and look forward to providing the same excellent customer service and experience that has been the hallmark of our business since its inception” – Amber Tyson, Chief Operating Officer Absolute Storage Management (Absolute) is excited to announce the expansion of its management services into two new states in the first quarter of 2023: Arizona and Colorado. Entry into Arizona and Colorado officially marks Absolute’s presence in the western region of the United States. Chief Operating Officer, Amber Tyson is quoted saying,…