Bakke Development and BCDC Break Ground on Self-Storage Project in San Antonio’s High-Growth Alamo Ranch Submarket, TX

Bakke Development and BCDC have started construction on TalleyBak Storage, a 774-unit, three-story, climate-controlled self-storage facility in San Antonio’s rapidly growing Alamo Ranch/West submarket. It marks the eighth programmatic project for the partners as they continue expanding their self-storage development pipeline. “We are proud to continue our partnership with BCDC as we deliver another best-in-class self-storage facility in one of San Antonio’s most dynamic and fast-growing areas,” said Brandt Bakke, VP of Development of Bakke Development. “The demand for climate-controlled storage continues to grow, and we are confident TalleyBak Storage…

The Adelanto Planning Commission Approved New Development of Self-Storage, RV Parking and Offices in Adelanto, CA

The Adelanto Planning Commission met on March 5th and approved a new development that will bring a modern business park, storage facility, and recreational vehicle (RV) parking to the city. The project, spanning 9.68 acres at the southeast corner of Seneca Road and Pearmain Street, just north of Palmdale Road, and west of Highway 395, is designed to serve both business and recreational needs. The development, led by Adelanto Seneca Land, LLC and represented by Mr. Jake Sowder, is not just about storage and parking; it’s a forward-thinking project that…

Three-Story Self-Storage Facility Gets Green Light in Residential Zone in Piscataway, NJ

The township Zoning Board of Adjustment has approved the construction of a three-story self-storage facility in a residential zone on South Washington Avenue. The Board granted preliminary and final major site plan approval with variance and design waiver relief to 900 East 92nd Street, LLC for the approximately 127,722-square-foot building at 1659 South Washington Ave., according to public documents. The 3.71-acre property, which included a home built in 1918, was sold in May 2024 for $2.5 million, according to real estate records. The project includes parking, lighting, stormwater management and…

Extra Space Storage Celebrates 4,000 Stores Milestone in the United States

Extra Space Storage, Inc., (NYSE:EXR) the largest operator of self storage properties in the U.S., announced a significant milestone for the company as they celebrate reaching over 4,000 stores nationwide. Extra Space has more than doubled its store count since 2021. “This achievement is a testament to the company’s steady growth and resiliency of the self storage sector,” said Joe Margolis, CEO. “Reaching 4,000 stores isn’t just about the number – it’s about the people who made this growth happen. Our team’s focus on sustainable, strategic, and accretive growth ensures…

PSRS Arranges Bridge Loan for Self-Storage Facility Conversion in Los Angeles, CA

The borrower plans to convert a vacant 150,000-square-foot flex property in Los Angeles into a self-storage facility. PSRS has arranged a $38.2 million bridge loan to convert a vacant approximately 150,000-square-foot flex property in Los Angeles into a self-storage facility. Jonny Soleimani and George Gianoukakis of PSRS secured the financing for the undisclosed borrower. The financing included a $12.8 million cash-out refinance, fully funded construction costs and an 18-month interest reserve, providing the borrower with the capital needed for the successful repositioning of the asset. Source

Recent Transactions: 02.25.2025 – 03.03.2025

Recent self-storage transactions reflect strong investor demand, particularly for portfolio acquisitions, expansion opportunities, and tech-enhanced facilities. Institutional investors and REITs are actively growing their market share, with multi-facility acquisitions in high-demand markets like Florida, Texas, Arizona, Chicago, and Indianapolis, where population growth and limited supply drive pricing power. Properties with expansion potential and modern security upgrades remain key investment targets, while specialized assets such as climate-controlled and RV storage continue to attract capital.   Portfolio: ModBox Storage Portfolio (two institutional-quality self-storage facilities) Locations: Brighton and Evans, CO Address (Brighton Facility):…

StoreEase Unveils Ease.AI and Next-Generation Virtual Counter to Revolutionize Self-Storage Operations

StoreEase®, the leader in Virtual Technology solutions, proudly announces the launch of Ease.AITM, its groundbreaking artificial intelligence platform designed to revolutionize operational efficiency and customer service in the self-storage industry. This AI software seamlessly manages both office and call center interactions, ensuring an always-available, frictionless experience that enhances efficiency and customer satisfaction. Alongside this innovation, StoreEase is introducing its new, more cost-efficient Virtual Counter® powered by Ease.AI, delivering an unparalleled combination of automation, personalization, and cost savings for self-storage operators. Ease.AI: Powering the Future of Self Storage Ease.AI is designed…

Great American Self Storage Opens a New Self-Storage Facility in Fort Myers, FL

A new benchmark in personalized storage solutions arrives in Fort Myers with the opening of Great American Self Storage. This state-of-the-art self-storage facility combines cutting-edge technology with personalized service. Located at 2984 Storage Bay Drive, Fort Myers, FL, 33905, this 70,000-square-foot facility combines sustainable design, advanced security features, and a suite of customer-centric amenities. “We believe storage shouldn’t be a faceless transaction,” says Facility Manager Cynthia Heisler, who brings over 13 years of industry expertise to the operation. “Our approach centers on building relationships with our customers while providing them…

Featured Brokers: Argus Self Storage Advisors Team [Brokers in Georgia & Florida]

Frost Weaver, President of Weaver Realty Group, has built a diversified commercial real estate firm focusing on self-storage brokerage and full service property management and facilities maintenance for commercial properties in Northeast Florida totaling over 1.5 million square feet. Contact: W. Frost Weaver P: 904-860-4500 E: fweaver@weaver-realty.com Josh Koerner is the owner and broker at Coastal Storage Group, LLC (previously Weaver Realty Group, Inc) and has been the Argus Self Storage Advisors Affiliate for the state of Florida since 2015, where he has specialized in the acquisition, disposition and evaluation…

Family Heirloom Storage Opens New Self-Storage Facility in Chattanooga, TN

Family Heirloom Storage (FHS), (familyheirloomstorage.com), a premier provider of corporate and consumer self-storage and outdoor vehicle parking solutions in the southeastern United States, announced that the Company has expanded to the Chattanooga, TN region, with the debut of Family Heirloom Storage of Chattanooga, a 96,000 square foot storage center configured to provide businesses and consumers with a full complement of self-storage services. Serving as Family Heirloom Storage’s inaugural expansion into a major metropolitan area—as well as the Company’s flagship location in the region—Family Heirloom Storage of Chattanooga encompasses three separate…