Day: July 1, 2025

Featured Brokers: Argus Self Storage Advisors, Minnesota Team

Tom Flannigan: Tom Flannigan is the Argus Self Storage Advisors affiliate for Minnesota, Iowa, and the Dakotas. Since 2012, he has specialized in the ac­quisition, disposition and evaluation of self-storage properties of all types and sizes. Tom is the Managing Director of Area CRE Services in Minneapolis and leads a team of Storage Advisors responsible for selling over $500 million of self-storage facilities in the Midwest. P: 612-790-3747 Alex Ihrke: Alex Ihrke is a member of Area CRE Services and a broker associate for the Argus Self Storage team representing…

Former Outdoor Living Store Site to Transform into Self-Storage in Whitehall Township, PA

The former Green Acres Outdoor Living site in Whitehall Township has been sold to a developer who plans to build a self-storage facility. HSS Mickley LLC purchased the 1.5-acre parcel at 1176 Mickley Road for $2.3 million in May, according to Lehigh County real estate records. HSS Mickley shares an address in Berwyn, Chester County, with Hearthfire Holdings, a real estate investment firm specializing in self-storage facilities. The township planning commission approved Hearthfire’s plan for the site in August. According to Green Acres’ website, the company opened a year-round lawn…

Self-Storage Valuation: The Importance of the Human Touch

As the self-storage sector continues to evolve, technology has become an essential tool for improving operations, enhancing customer service, and streamlining processes. One of the most critical aspects of managing your self-storage investment is accurately assessing what creates value. However, despite the advantages that technology brings to self-storage valuation today, the importance of human insight and touch remains crucial. The role of technology in self-storage valuation has always been important, but experience, expertise, and local knowledge are critical today to ensure an accurate valuation of your self-storage investment. Self-storage valuation…

Storage Star Set For $438k Rebuild After January Fire Damage in Laredo, TX

A storage facility off Quail Creek Road that sustained thousands of dollars in damage earlier this year is set to be rebuilt by October, according to a Texas Department of Licensing and Regulation permit. On Jan. 26, the Storage Star self-storage facility was found in flames by the Laredo Fire Department shortly after 9 p.m. Items ranging from family photos and documents to cars stored inside the building at 2110 Quail Creek Rd. were left charred, unrecognizable and turned to ash. Aftermath coverage showed photos of the storage units’ bright…

Recent Self-Storage Transactions: 06.24.2025 – 06.30.2025

These recent self-storage and specialty storage transactions highlight a robust investor appetite for high-quality and well-positioned assets across both traditional and niche segments. From Class A properties in tight urban submarkets like Revere, MA to expansive RV and boat facilities in Texas, capital is flowing to assets with modern amenities, strong occupancies, and growth potential, including land for expansion. Institutional and REIT buyers continue to target strategic locations near major economic drivers, such as new manufacturing plants or coastal boat launches, while development sites and well-maintained older properties also attracted…