Self-Storage Transactions Spotlight: Portfolio Expansions, Tech-Driven Investments & Growing Demand
Recent self-storage transactions highlight a mix of value-added acquisitions, portfolio expansions, and technology-driven investments across high-demand markets like New Jersey, Virginia, Texas, Florida, and California. While location and strong demand fundamentals remain key investment priorities, investors increasingly focus on technology and amenities to drive value. Properties like SecureSpace Arlington and Storage King USA are integrating AI-enabled security, contactless leasing, and 24/7 surveillance, reflecting the industry’s shift toward automation and efficiency. Portfolio growth remains a dominant strategy, with Strategic Storage Growth Trust III, Inc. acquiring five facilities across multiple states. At the same time, Outrig’s expansion into RV storage underscores the rising demand for specialized storage solutions. Additionally, value-added opportunities with expansion potential continue to attract capital. As the industry evolves, cutting-edge technology, enhanced security, and premium amenities are becoming essential differentiators, shaping the future of self-storage investments.
Property: Class A Self Storage
Location: Rochelle Park, NJ
Brokers and Brokerage: Self Storage Capital Markets of Newmark
Square Feet: 90,300
Unit Count: 1,117
Occupancy: 82%
Property: Self-Storage Facility (under Storage King USA brand)
Location: Rockingham, NC
Address: 102 W. Greene St., Rockingham, North Carolina
Year Renovated: 2022
Buyer: Andover Properties
Unit Count: 500 climate-controlled units
Square Feet: 63,000
Highlights:
- The facility represents the 15th North Carolina facility for Andover’s Storage King USA brand
- The property features three loading docks, multiple levels of storage units, keypad-controlled entry and 24/7 video surveillance
Property: Self Storage Facility (rebranded as SecureSpace Arlington)
Location: Arlington, VA
Address: 2710 South Nelson Street, Arlington, Virginia
Buyer: SecureSpace Self Storage
Square Feet: 49,409
Unit Count: 880 units
Highlights:
- This purchase marks SecureSpace’s third operating store in the DC-Baltimore MSA, with a fourth new development opening soon
- The leasing office will be upgraded to SecureSpace’s signature contemporary style and our proprietary high-security platform – managed by our National Security Team – is being installed
- It includes AI-enabled cameras and sensors providing an enhanced security and monitoring platform
- As with all SecureSpace properties, free high-speed Wi-Fi access will be available for our customers and guests
- The SecureSpace.com contactless rental process, allowing tenants to fully lease a unit online and receive instant access to their units, is up and running
- All units are clean and serviced regularly by pest control professionals for tenants’ peace of mind
- SecureSpace Arlington is open for business
Property: Family-Owned Self-Storage Facility (previously managed by CubeSmart)
Location: Belleville, IL
Brokers and Brokerage: Tom Flannigan, Alex Ihrke, Matt Haugen, and Nathan Gottlieb of Argus Self Storage Advisors
NRSF: 46,791
Highlights:
- High-quality, climate-controlled facility
- Originally converted to climate-controlled storage in 2020
- The facility sits on over 9 acres with approved plans for future expansion
Portfolio: Self-Storage Portfolio
Locations: Bixby and Catoosa, OK
Brokers and Brokerage: Jared Jones, CCIM, of Jones Investment Real Estate, LLC, an Argus Self Storage Advisors affiliate for Oklahoma
NRSF: 66,495
Highlights:
- Strategically located in high-growth submarkets within a top 55 MSA, the portfolio aligns with broader investment trends favoring self-storage assets with scalable, remote management solutions
- The properties present significant value-add opportunities through revenue management optimization and the expansion of remote operational efficiencies
- The sale further confirms that appropriately priced self-storage opportunities in Oklahoma remain in high demand among investors
Property: Self-Storage Facility
Location: Indianapolis, IN
Year converted to self storage: 2020
Buyer: MyPlace Self Storage
Brokers and Brokerage: Tom Flannigan, Alex Ihrke, Matt Haugen, and Nathan Gottlieb of Argus Self Storage Advisors
NRSF: 58,365
Highlights:
- This modern facility is strategically located near prominent retail developments, including a Walmart Supercenter, providing convenient access for both residential and commercial customers
- The property also offers significant potential for future growth, with a large parking lot that presents an opportunity for expansion
Portfolio: Two Premier RV Storage Facilities (Oakley Executive RV and Boat Storage and All Valleys RV Storage)
Locations: Bay Area and Simi Valley, CA
Buyer: Outrig
Broker and Brokerage: Sean Ruhlman of Urow Real Estate
Highlights:
- Both transactions align with Outrig’s objective to build an industry-leading portfolio that provides RV owners with a full suite of amenities and services
- In the near-term, both properties will be rebranded as Outrig facilities
Property: Self-Storage Facility
Location: Brunswick, GA
Address: 115 McKinna Place, Brunswick, Georgia 31520
Buyer: Boxville Storage
Third Party Manager: Absolute Storage Management (Absolute)
Professional Self-Storage Management Services: BVS Brunswick GA LLC
NRSF: 42,140
Unit Count: 73 units
Highlights:
- It offers to provide safe and secure parking unit options to the local communities of New Town, South End and Brunswick
Property: Self-Storage Facility (12 single-story buildings)
Location: Murfreesboro, TN
Address: 1323 NW Broad Street, Murfreesboro, Tennessee
Buyer: SmartStop Self Storage REIT, Inc.
NRSF: 62,100
Unit Count: 471 units (384 drive-up units and six RV units)
VehiclesPer Day: 21,390
Expected population growth: 9.1% from 2022 to 2027 (three-mile radius)
Portfolio: Five Premier Self-Storage Facilities
Locations: Florida, Texas, and Arizona
Address (Florida): 460 Florida Central Parkway, Longwood, Florida
Address (Florida): 6707 Narcoossee Road, Orlando, Florida
Address (Texas): 7905 Spencer Highway, Pasadena, Texas
Address (Texas): 3701 FM Road 2181, Corinth, Texas
Address (Arizona): 4860 N 83rd Ave in Phoenix, Arizona
Buyer: Strategic Storage Growth Trust III, Inc. (sponsored by an affiliate of SmartStop Self Storage REIT, Inc.)
NRSF (Longwood Facility): 68,800
NRSF (Orlando Facility): 101,000
NRSF (Corinth facility): 98,100
NRSF (Pasadena facility): 150,000
NRSF (Arizona facility): 82,600
Unit Count (Longwood Facility): 560 units
Unit Count (Orlando Facility): 690 units
Unit Count (Corinth facility): 770 units
Unit Count (Pasadena facility): 860 storage units and 80 RV units
Unit Count (Arizona facility): 730 drive-up and climate-controlled units
Highlights:
- These five properties were acquired by SSGT III in Delaware Statutory Trusts
- The properties sit in well-populated, high-growth suburban areas with strong median household incomes and significant daily traffic counts
- The Florida properties are located in Longwood and Orlando
- Longwood facility offers ground-level drive-up and climate-controlled units across eight single-story buildings
- Longwood facility is well-positioned to serve the communities of Rolling Hills, The Woodlands, Sabal Point, The Springs, Hidden Oak Estates, and Longwood Club
- Orlando facility is well-positioned to serve the neighborhoods of Lake Nona, Village Walk, Summerdale Park, Somerset Park, and Somerset Crossings
- Orlando Facility offers ground-level drive-up and climate-controlled units across four single-story buildings
- The Texas properties are located in Corinth and Pasadena
- Corinth facility features 17 single-story and two two-story buildings
- The location benefits from its proximity to approximately 300 multifamily units within one block
- Corinth facility serves the neighborhoods of Oakmont Estates, Lake Sharon Estates, Meadow Oaks, Kensington Estates, Cypress Point Estates, and The Bluffs at Pinnell Pointe
- Pasadena facility property features five single-story buildings
- Pasadena facility’s ideal location serves the communities of Spencer Highway Gardens, South Pasadena Plaza, Clear Lake, Deer Park Gardens, Parkview South, and Brookwood
- Arizona facility consists of one two-story building and four single-story buildings
- Arizona facility serves the surrounding neighborhoods of Maryvale, West Plaza, Camelback Ranch, Glendale, Peoria, and Avondale
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