Recent Self-Storage Transactions: 05.13.2025 – 05.19.2025

        Portfolio: Summit Self Storage Portfolio Locations: Fort Collins and Loveland, CO Brokers and Brokerage: Ben Vestal, Cole Carosella, and Matthew Cox of The Argus Self Storage Advisors (Colorado team) NRSF: 99,520 Square Feet: 96,700 (an additional 2,820 square feet of office/warehouse) Unit Count: 785 units Average Occupancy: 82%     Property: Delano Mini Storage Location: Delano, Minnesota Brokers and Brokerage: Matt Haugen, Alex Ihrke, Nathan Gottlieb and Tom Flannigan of Argus Self Storage Advisors NRSF: 21,280 (drive-up self-storage) Highlights: The facility consistently maintains high occupancy, making it a…

Palm Coast Council Approves a New Self-Storage Facility on Pine Lakes Parkway in Palm Coast, FL

Overriding a decision by its Planning Board, the Palm Coast City Council today granted a special zoning exception to allow construction of a 100,000-square-foot storage facility on 6.8 acres off Pine Lakes Parkway, halfway between Belle Terre and Palm Coast Parkway. The Planning board, in an unusual decision, voted 4-2 to deny the special exception, saying there were enough self-storage facilities as it is: social media pages are rife with screeds about a surfeit of storage facilities. The developer appealed to the City Council. Council members found the planning board’s…

Devon Self Storage Assumes Management of Self-Storage Facility Near Graceland in Memphis, TN

Oak Brook-based Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., has assumed the property management of a self-storage property located in Memphis, Tennessee. The two-story facility, located at 1215 East Shelby Drive and owned by Global Memphis Shelby, LLC, is comprised of 1,146 climate-controlled units and 104,873 rentable square feet. The property also features convenient loading and unloading areas, 24-hour video surveillance and access systems, a variety of storage sizes and is accessible via in-store or online contactless rentals. “We’re thrilled to assume management…

Following New Partnership, West Coast Self-Storage Manages Nova Storage Facility in Adelanto, CA

A well-known self-storage facility in Adelanto is now under new management following a strategic partnership between Nova Storage and West Coast Self-Storage, the companies announced this week. The Adelanto location, along with nine other Nova Storage sites across Southern California, will now be managed by West Coast Self-Storage, a major self-storage operator based in Everett, Washington. The change is expected to bring enhanced services and operational upgrades while keeping the local team and customer-friendly focus intact. “This partnership represents an exciting new chapter,” said Felicia Thomas Orozco, District Manager for…

Spartan Investment Group Opens Self Storage Property in Eustis, FL

The facility was built to meet growing demand in one of the nation’s top emerging markets. Colorado-based real estate investment firm Spartan Investment Group has opened FreeUp Storage Eustis, a 660-unit 76,200 square-foot Class A asset located in Eustis, Fla. The company built the property from the ground up to meet self-storage facility needs in Central Florida. According to sources, Spartan bought the site located at 36536 South Fish Camp Road in the summer of 2024 from a private owner, receiving a $6 million construction loan from Renasant Bank. Spartan’s…

Pacific Storage Building Steps into a Bold New Era as StorQuest Self Storage in Stockton, CA

Longtime friends and business leaders Bill Hobin and Phil Johnson have teamed up to reimagine a beloved Stockton landmark, bringing fresh purpose to the iconic Pacific Storage building. For more than a century, the Pacific Storage building at 523 N Hunter St. has been a cornerstone of downtown Stockton. Now, it’s stepping into a bold new era as StorQuest Self Storage—where history meets innovation. Blending history with innovation, the duo has reimagined the space as a state-of-the-art self-storage facility, ensuring its legacy remains an integral part of Stockton’s story. “Stockton…

Self-Storage Units Proposed on a Lot in Palmerton, PA

A lot at a longtime car wash in the west end section of Palmerton could be converted into self-storage units. Borough Council recently approved the planning commission’s recommendation regarding the Mauch Chunk Road car wash subdivision and land development plan. Borough Manager Autumn Canfield said the owner is listed as Mauch Chunk Wash & Storage LLC and added that the plan indicates self-storage units on one of the lots to be created. She said the car wash is not in use. After the meeting, Borough Manager Autumn Canfield said the…

West Coast Self-Storage Opens New Storage Facitiy in Palm Springs, CA

West Coast Self-Storage is excited to announce the opening of its newest self-storage facility in Palm Springs, California. West Coast Self-Storage Palm Springs, located at 890 N. Gene Autry Trail at the corner of Tamarisk Road, sits directly across from Palm Springs International Airport, providing convenient access for residents of Palm Springs, Downtown Palm Springs, and Cathedral City. The facility features 658 storage units, encompassing 57,775 rentable square feet, and offers a variety of unit sizes to meet both personal and business needs. Customers can choose from a mix of…

New Storage Facilities Under StorageMart and Manhattan Mini Storage Third Party Management in Q1 2025

StorageMart and Manhattan Mini Storage Third Party Management continue to be a growing presence in the self storage industry with the onboarding of several facilities in Q1 2025. These additions further extend the footprint of Manhattan Mini Storage in New York City and introduce StorageMart to Connecticut, offering enhanced convenience and accessibility for customers in these new and expanding markets. The 78 Walker St facility in Tribeca is a newly built location featuring over 500 units and 30,543 net rentable square feet. Opening in early February 2025, this facility is…

Safeguard Self Storage Completes Second State-Of-The-Art Self-Storage Facility in West Haven, CT

Safeguard Self Storage, a leader in providing state-of-the-art self-storage solutions, is excited to announce the opening of its second self-storage development in the State of Connecticut. The property, located at 400 Derby Avenue in West Haven, was purchased in May 2022, and opened its doors to the surrounding community and neighborhood on May 9, 2025. Stan Bonilla, senior vice president of development at Safeguard Self Storage, enthusiastically stated, “Our mission at Safeguard is straightforward: to make each storage facility better than the last. With this location, we cater to the…