Day: October 8, 2025

Inland, Devon Complete Self-Storage Redevelopment in Philadelphia, Pennsylvania

Inland Real Estate Investment Corp. and Devon Self Storage, which are both part of The Inland Real Estate Group of Cos., have completed a redevelopment project at 5200 Unruh Ave. in northeast Philadelphia. The project converted the former Moulton Ladder Manufacturing Co. facility, which was first built in 1900 adjacent to the Delaware River, into a self-storage facility. The five-story building features 88,000 net rentable square feet of climate-controlled space across 932 units. Source

The Hidden Downsides of First-Month Free Promos

First-month free promotions are everywhere in the self storage industry. From nation-wide storage companies to independent operators, facilities rely on this promotion strategy to fill units fast. And for good reason—the words “first month free” catch attention, drive clicks, and get new customers in the door. In the short term, it works. But is it really worth it in the long run? That’s where things get complicated. While first-month free (FMF) promos can be a powerful customer acquisition tool, they come with hidden costs that can chip away at your…

Recent Self-Storage Transactions: 10.01.2025 – 10.07.2025

Recent self-storage transactions have spanned growth markets such as Jacksonville, Minneapolis, Atlanta, Chicago, and Nevada, where investors are consolidating portfolios and securing Class A assets in strong demand corridors. Deals also included lease-up properties and RV/boat hybrids, reflecting strategies that balance stabilized income with redevelopment potential and positioning in regions with population growth and resilient housing demand.     Property: CubeSmart (Managed) Lease-Up Self-Storage Facility Location: Jacksonville, Florida Brokers and Brokerage: Josh Koerner of Coastal Storage Group [Rebranded from Weaver Realty] – broker affiliate of Argus Self Storage Advisor Gross…