Author: Shinil Krishnan

How to Turn a Mismanaged Storage Facility into a High-Performing Asset

Some facilities seem to have it all—great location, good unit mix, strong market demand—and yet they still underperform. After lease up, occupancy stalls and net operating income (NOI) stagnates. More often than not, the issue isn’t the facility itself; it’s the management approach. This could manifest as inconsistent operations, outdated processes, poor tenant communication, lackluster marketing, or all of the above If left untreated, mismanagement can quietly erode your asset’s value and performance. But there is good news. A mismanaged facility can be transformed into a high-performing, revenue-generating asset with…

Recent Self-Storage Transactions: 08.20.2025 – 08.26.2025

Recent self-storage transactions illustrate a sector that continues to attract investor attention, with activity spanning both stabilized assets and properties offering growth potential. Buyers are active in secondary and suburban markets, carefully weighing occupancy levels, income trends, and expansion opportunities as part of their strategies. These dynamics reinforce the industry’s resilience, as capital remains focused on opportunities that strike a balance between dependable performance and the prospect of long-term value creation.     Property: Discount Mini Storage Location: Mead, Washington Closing Deal: $4,650,000 Seller: Discount Mini Storage LLC Buyer: Access…

Featured Broker: Dave Knobler

Dave Knobler is based out of Houston, Texas and is Senior Managing Director of Investments and Director of Marcus & Millichap’s National Self-Storage Group. Over the past ten years, Dave has closed over $1 billion worth of real estate transactions, primarily consisting of self-storage properties. Having a passion for brokerage, surrounding himself with fantastic teams like The LeClaire-Schlosser Group and Marcus & Millichap, and implementing a creative marketing approach have been the foundation of Dave’s ability to help his clients achieve their goals. Dave is consistently among the firm’s industry-leading…

Smith’s Storage Opens New Self-Storage Facility in Smiths Station, Alabama

Smith’s Storage is excited to announce the opening of its newest self-storage facility at 1491 Co Rd 298 in Smiths Station, Alabama. This modern storage facility has been designed with the community in mind, offering convenient features, reliable security, and a wide selection of storage units to meet the needs of both residents and local businesses. The addition of this facility provides an important resource for the growing Smiths Station area. Customers will enjoy 24-hour access, making it easier than ever to retrieve or store belongings according to their own…

Self-Storage Conversion, Expansion Underway in Midtown Manhattan, New York

Work is ramping up on 152 West 36th Street, a 15-story Manhattan Mini Storage facility in Midtown, Manhattan’s Garment District. Designed by JMN Architecture and developed by Flatiron Equities and Mequity Companies, the project involves the conversion and vertical expansion of an existing eight-story Class C office building, and will yield 1,500 storage units across 75,000 square feet. The property is located between Sixth and Seventh Avenues. The rendering in the main photo shows the new floors above the current cornice line enclosed in gray and white paneling, with the…

Self Storage Opens with Professional Management in Birmingham, Alabama

Local owners of Green Springs Mini Storage proudly announce the acquisition of the self-storage facility at 626 Robert Jemison Road, Birmingham, AL 35209. This facility, being managed by Absolute Storage Management (Absolute), features 710 units totaling 65,477 rentable square feet. It offers to provide safe and secure non-climate and parking unit options to the local communities of Birmingham, Homewood, and Mountain Brook. GS Mini Storage LLC has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of August…

Self Storage Opens with Professional Management in Commerce, Georgia

Local owners of Commerce Storage proudly announce the acquisition of the self-storage facility at 400 Westwood Road Commerce, GA 30529. This facility, being managed by Absolute Storage Management (Absolute), features 108 units totaling 15,881 rentable square feet. It offers to provide safe and secure non-climate unit options to the local communities of Commerce, Maysville, and Nicholson. Commerce Storage West LLC has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of August 13, 2025. Residents and businesses in…

Recent Self-Storage Transactions: 08.13.2025 – 08.19.2025

Recent self-storage transactions show continued investor interest in the sector, with activity spanning a variety of markets and asset types. Deals include stabilized properties, development sites, and portfolio acquisitions, reflecting strategies to expand market presence, increase operational scale, and position for long-term growth. Demand remains steady, supported by consistent occupancy levels and opportunities to enhance revenue through improved management and pricing strategies.     Portfolio: ModBox Storage [Class A Two-Property Portfolio] Location: Mebane, North Carolina Address 1: ModBox Storage Compass, 479 Compass Drive, Mebane, NC 27302 Address 2: ModBox Storage…

Featured Broker: Matt Porter

With over five years of experience and a proven track record in the self-storage industry, Matt has successfully brokered 42 transactions totaling more than 1.2 million net rentable square feet. Matt will represent clients across Mississippi, Tennessee, Arkansas, Louisiana, and Alabama, expanding SCA’s presence and strategic reach in the Southeastern U.S. Matt began his real estate career as an intern with Randall Commercial Group in Oxford, Mississippi, and went on to manage investment valuations and property renovations in Memphis with the largest single-family rental operator in the Southern U.S. He…

Plan For Self-Storage Facility Advancing Along LA River in Long Beach, California

Years of battles between a property owner who sought a self-storage complex and Long Beach residents who wanted a park at the site instead have concluded with the development getting the green light from the city. But first the owners must decontaminate the vacant area along the Los Angeles River. The construction project, dubbed the Pacific Place Project, will bring a self-storage facility, recreational vehicle storage, and a private car wash to the vacant parcel at 3701 Pacific Place – which will be constructed and operated by InSite Property Group,…