Author: Shinil Krishnan

No Pain, All Gain with Unit Remixes from Janus International’s R3

Whether you’ve owned a self-storage facility for years or just purchased your first site, it’s important to always keep a pulse on how trends are shifting in your area. Are you near a college? Locker storage could be a great addition to your mix. Close to a retirement home? Bigger units like 10×10 or 10×20 might be a better option for your site. And at Janus International, the R3: Restore, Rebuild, Replace division specializes in facility remixing for owners who need to adapt their unit mix to changing market demands—whether you’re…

Recent Self-Storage Transactions: 10.29.2025 – 11.04.2025

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.     Property: Saratoga Storage Location: Lehi, Utah Year Constructed: 2023 Seller: Joint venture between the Gardner Group and Management Elevated Brokers and Brokerage: Jordan Farrer and Adam…

Basis Industrial Secures $27 Million for Self-Storage Development in Long Island, New York

Basis Industrial has secured a $27 million construction loan for a 121,500-square-foot self storage development in Long Island’s Rockville Centre, N.Y. NexBank and NexPoint provided the senior and mezzanine loans, respectively. The facility is scheduled to break ground immediately and come online in early spring 2027. Basis Industrial President & Managing Partner Anthony Scavo arranged the deal, while NexPoint Director Taylor Colbert led the financing. Attorney Mike Mendelow represented NexBank in the transaction. The development site traded in the fourth quarter of 2022 for $5.5 million. The present transaction marks…

The Hidden Cost of Underwriting: Why Accurate Books Matter More Than You Think

For most self-storage operators, bookkeeping feels like a chore. Leasing units and managing day-to-day operations always take priority. Then refinancing or a sale comes along, and suddenly, messy financials can quietly erase six figures from your property’s value. Many operators assume valuations hinge solely on Net Operating Income (NOI). Buyers and lenders are also evaluating the credibility of that NOI. When income and expenses aren’t clearly documented, they become a risk. That risk shows up through lower offers, tougher loan terms, or extended closing timelines. Take a simple example. Ten…

Inland, Devon Self Storage Wrap Construction of Self-Storage Facility in Fraser, Michigan

Inland Real Estate Investment Corporation and Devon Self Storage completed construction of an 85,330-square-foot Class-A self-storage facility in Fraser, Michigan. Located at 31475 Utica Road in Fraser, approximately 15 miles northeast of downtown Detroit, the property formerly served as a light industrial facility originally built in 1975. The property now consists of a two-story climate-controlled building, along with various exterior non-climate-controlled buildings, offering a total of approximately 750 storage units, a 24-hour security system and a drive-in area providing access to the main interior storage area. Climate-controlled units are positioned…

Featured Broker: Jane H. Sauls, CCIM

Built on values. Sold by results. Jane H. Sauls, CCIM, helps storage owners buy, sell, and succeed – leaving every deal better than she found it. Jane is a respected leader in commercial real estate with more than 20 years of experience specializing in the self-storage industry. As President & Principal of Sauls Commercial Real Estate, she partners with owners and investors to value, market, and sell self-storage assets across the Southeast. Drawing on her extensive background in operations, development, and asset management, Jane helps clients maximize returns and make…

Now Open: Signature Storage in Crandall, Texas

UPG Spaces is excited to announce the opening of Signature Storage, a premium self-storage facility located at 550 N. Farm to Market 148 in Crandall, TX 75114. This state-of-the art property is open for business and invites residents and business owners alike to enjoy its “Best Space. Best Price. Best Service – It’s Our Signature” amenities. “This is a beautiful property and includes the latest innovative industry technology. We will operate it with our HelloSpace+ team that understands self-storage needs must be met quickly and conveniently upon demand,” stated Julie…

Recent Self-Storage Transactions: 10.22.2025 – 10.28.2025

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.     Property: U Stor Self Storage Location: Rockford, Illinois Address: 3000 Charles Street, Rockford, Illinois Brokers and Brokerage: Bruce Bahrmasel (Northern Illinois and Wisconsin Argus broker affiliate),…

How Packer Storage Scaled from Two Facilities to Seven & Raised Revenue Portfolio-Wide

Adding new facilities to your portfolio is always exciting, but your operations need to be able to keep up. For Packer Storage, growth came with familiar operational challenges: limited staff capacity, inconsistent site operations from new facilities, and the complexity of modernizing and managing multiple facilities at the same time. The in-house team at Packer Storage did great work managing two facilities, but as the business started acquiring more sites, that model didn’t scale. The owner had acquisition opportunities he wanted to capitalize on, so he hired White Label Storage…

New Self-Storage Facility Opens in Southeast Bend, Oregon

Project name: Logsden Street Self Storage Address: 710 SE Logsden St., Bend Developer and general contractor: Empire Construction & Development Architect: Steele Associates Architects, LLC Empire Construction & Development built a new 386-unit self-storage facility in Bend’s Larkspur neighborhood. The storage facility features 8-foot-by-8-foot and 10-foot-by-10-foot units, along with a self-service kiosk, security system, access monitoring, and interface login. Project manager Connor Stephenson wrote in an email that the goal of the Logsden Street storage is to provide privacy and convenience. Empire Construction & Development has built over 50 construction…