Author: Shinil Krishnan

StateStreet Group, LLC (SSG) Announces Grand Opening of its Newest StowAway Self Storage Facility in Jackson, MS

StateStreet Group, LLC (SSG) is pleased to announce the grand opening of its newest StowAway Self Storage facility in Jackson, near the north Fondren neighborhood. Located at 5330 N. State Street, the facility delivers more than 34,000 square feet of premier storage space with over 250 units, designed to meet a wide range of residential and commercial storage needs. “We’re excited to introduce our latest facility in this community, offering the convenience and flexibility our StowAway customers expect,” said SSG President Justin Peterson. StowAway Fondren is a modern, fully fenced…

Featured Broker: Tom De Jong, MBA, SIOR

Tom De Jong, Executive Vice President of Colliers specializes in the sale, development and disposition of self storage and industrial assets throughout the U.S. and has completed transactions totaling in excess of $1 billion worth of consideration with recent closings in Pennsylvania, New Jersey, Indianapolis, Milwaukee, San Diego, Sacramento, San Jose/Silicon Valley and Washington State. Tom is an SIOR designee. The SIOR designation stands unchallenged for excellence in the performance of real estate services and is universally recognized as the prerequisite in the selection of a commercial real estate broker,…

Inland, Devon Completes Self-Storage Adaptive Reuse Project in St. Louis, Missouri

Inland Real Estate Investment Corp. and Devon Self Storage have completed an 80,217-square-foot self-storage facility with 797 units in St. Louis. The project at 4222 Union Blvd. involved the conversion of a warehouse into a climate-controlled self-storage property. The three-story facility features a 24-hour security system and is situated near I-70. Approximately 75 per cent of St. Louis’ self-storage inventory is comprised of converted properties from prior uses, according to Inland, which maintains a self-storage portfolio of more than $1.8 billion in assets under management. Devon currently manages 190 properties…

Self Storage Opens with Professional Management in Monroe, Georgia

Local owners of Self Storage Monroe proudly announce the acquisition of the self-storage facility at 1110 North Broad Street, Monroe, Georgia 30656. This facility, being managed by Absolute Storage Management (Absolute), features 647 units totaling 89,525 rentable square feet. It offers safe and secure climate-controlled, non-climate-controlled, and parking unit options to the local communities of Carolina Bold Springs, Walnut Grove, and Bold Springs. Monroe OZ Partners 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…

Marcus & Millichap Releases Midyear 2025 Southeast Florida Self-Storage Investment Outlook Report

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has published its midyear 2025 Southeast Florida Self-Storage Investment Outlook. “Southeast Florida’s self-storage sector continues to benefit from robust in-migration and resilient demand, even as the pace of growth moderates,” said Harrison Rein, vice president / regional manager of Marcus & Millichap’s Fort Lauderdale office. “Vacancy remains below pre-pandemic levels, and despite elevated construction, pricing power is supported by tight housing conditions and population expansion.” Marcus & Millichap’s Midyear…

Precision Global Corporation Partners with CubeSmart to Manage Four Strategic Storage Facilities Across Texas

CubeSmart (CUBE, Financial) partners with Precision Global Corporation to manage four storage facilities in Texas The partnership adds a modest 0.3% to CubeSmart’s existing portfolio of over 1,300 properties This venture aligns with Precision Global’s strategy to expand its national self-storage portfolio CubeSmart (CUBE), the third-largest self-storage operator in the United States, has entered a partnership with Precision Global Corporation (PGC) to oversee the management of four key storage facilities in Texas. This collaboration, effective July 25, 2025, represents a strategic expansion for both companies, focusing on enhancing customer experience…

A New Self-Storage Granted Access to Chino Utilities in Chino Hills, CA

A developer proposing a self-storage facility in Chino Hills has received approval from the City of Chino to connect to its water and sewer system. The William Warren Group is planning to build a four-story 62,950-square-foot facility with 741 storage units on the southeast corner of Chino Hills Parkway and Monte Vista Avenue. The project will be built on the east side of Monte Vista, directly across the street from the Rancho Monte Vista Mobile Home Park. The Chino City Council on July 15 approved the developer’s request to connect…

Storage of America Selects White Label Storage to Manage Multi-State Portfolio

Storage of America has officially selected White Label Storage to manage their portfolio of 27 facilities across Illinois, Indiana, Michigan, Ohio, and Missouri. This partnership expands White Label Storage’s presence in the Midwest and cements its position as one of the fastest-growing third-party management companies in the industry. Storage of America’s facilities offer a range of storage options, from climate-controlled units to boat, RV, and vehicle storage to drive-up rentals. The portfolio includes a range of property types, including multi-level facilities with over 1,000 units. The collection of facilities includes…

Recent Self-Storage Transactions: 07.15.2025 – 07.23.2025

Recent self-storage transaction activity highlights a sector navigating consolidation and strategic expansion. Investments targeted high-barrier urban markets such as New York City and Fremont, alongside high-growth secondary and Sunbelt regions including Georgia, Kentucky, Arizona, and Florida. Several deals involved development-ready sites, platform acquisitions, or portfolio roll-ups reflecting a focus on operational scale and geographic reach. Institutional players and REITs remained highly active, signaling continued confidence in self-storage as a resilient, income-generating asset now firmly positioned within core real estate strategies.     Property: All Purpose Storage – Ft Myers Location:…

Planning Committee Approves Concept Plan For Goddard Self Storage Facility in St. Mary’s, MD

At the June 14 meeting of the St. Mary’s County Planning Commission, members reviewed and approved the concept site plan for the proposed Goddard Self Storage facility. The project, described as a “quiet use” with “low impact” traffic, aims to provide storage space to meet a perceived local need. The self-storage facility will be located at 24175 Point Lookout Road in Leonardtown and will occupy a space of approximately 111,400 square feet. Planning committee members highlighted that the site, zoned appropriately, will maintain existing natural buffers including a wooded area…