Category: Sponsored

Anna Self Storage is an 840-unit property located in Anna, Texas We’re always looking to bolster our portfolio with strategically-located assets in our backyard. We remain especially bullish on the long-term prospects for the DFW metroplex. The Anna acquisition adds to our existing portfolio in the area, and further represents the opportunity to own the premier storage facility along the I-75 corridor.” – Jonathan Vollinger, Director of Acquisitions at HPI JLL Capital Markets announced today that it has arranged financing for Anna Self Storage, an 840-unit self-storage facility in Anna,…

Argus Self Storage Advisors is pleased to welcome Kevin Friedman as its Broker Affiliate representative for the state of Michigan. Kevin is the owner and principal broker of Hayes Ventures LLC in Bloomfield Hills, MI and has been transacting in the self-storage sector exclusively for over a decade. He specializes in the acquisition, disposition, and valuation of self-storage properties of all types and sizes. Kevin is dedicated to delivering exceptional value and service to his clients while collaborating with them to achieve their sales and acquisition goals. Before forming Hayes…

Michigan-based Pogoda Companies, a leading provider of self-storage management services, is pleased to announce two new management contracts in Detroit, Michigan and Dayton, Ohio.   National Storage Detroit – New Center, Detroit, Michigan National Storage-New Center has 19,200 square feet of climate-controlled space in 189 units with room to expand. This Detroit location is nestled within the bottom two floors of the historic Albert Kahn building and was the former home of Saks Fifth Avenue. National Storage Dayton – Woodman Drive, Dayton, Ohio National Storage-Woodman in Dayton, Ohio has 68,200…

To meet Storage Authority’s rapid expansion demands, we continue to employ the industry’s most talented experts from the self-storage trenches. Join us in welcoming Kevin Harless to the Storage Authority team as the Director of Development. “Kevin’s over 15 years of experience at U-Haul and self-storage consulting brings incredible value to our franchisees.” Marc Goodin Kevin’s extensive experience in self-storage development, knocking on doors, technology, and property acquisitions will bring the Storage Authority development platform to new heights. Storage Authority is the only self-storage franchise in the US. They have…

Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced its acquisition of Terminal Maintenance and Construction (“TMC”), a premier provider of terminal maintenance services for the trucking industry in the Southeast. While initially continuing to focus on commercial customers, TMC’s integration will ultimately help support the growth of Janus’s Facilitate division, which offers complete facility maintenance services. Headquartered in Madison, Georgia, TMC’s offerings include trucking terminal…

Thomas de Jong, SIOR, was recently honored by the Society of Industrial and Office Realtors® (SIOR), which represents the world’s elite in industrial and office brokerage, for its 2023 Top Transaction Awards in the category of Largest Alternative Space. The awards, given annually to SIOR members who complete the largest transactions with one or more additional SIORs, demonstrate the power of the exclusive SIOR network. The sale of 97,600 square feet of space located in Bakersfield, California closed at $9.1 million. de Jong, SIOR, executive vice president of the National…

JLL Capital Markets led the financing effort on behalf of Hines and Trez Capital JLL Capital Markets announced today that it has arranged $108 million financing with New York Life Real Estate Investors for a 13-property, self-storage portfolio located throughout the Dallas-Fort Worth Metroplex. On behalf of the borrower, a joint venture between Hines and Trez Capital, JLL Capital Markets arranged the five-year, fixed-rate loan through New York Life Real Estate Investors, who was able to provide an early rate lock, interest-only payments and prepayment flexibility early in the loan…

It’s no secret that capital markets and all forms of real estate have been impacted by the rise in interest rates over the past few years. Coming from historically low rates to a higher rate environment comes with plenty of challenges, particularly for those who have bought or built assets over the past 3-4 years. Of course, interest rates aren’t the only issue facing the self-storage industry and current asset values. Additional headwinds have come from a few different sides, and each of these could be the subject of separate…

Gates are among the very first things a potential customer sees upon arriving at your self-storage facility, and therefore they create a lasting impression. In addition, gates are your first line of defense against crime. Think of them as the “bouncer” for your facility. And of course, you want the biggest, baddest bouncer you can find, right? Let’s take a look at the ins and outs of gates – how they work, what options are best for you, and what to do when they need repair. What Types Of Gates…