Author: Shinil Krishnan

Featured Broker: Jeffery A. Gorden, CCIM

Jeff Gorden, CCIM, has been a top-producing broker since 2003. He has been active in commercial real estate for over a decade with experience in retail, office, industrial, and self-storage properties. Jeff is an advocate for community stewardship, serving as the Chairman of the Chandler Board of Adjustment, previously as Chairman of the Chandler Leadership Institute, and as a member of several industry groups such as the National Association of Realtors, CCIM Institute, and currently the President of the Arizona Self Storage Association. Jeff earned degrees from both Temple University…

Broadstreet Global Announced Major Expansion of its Self-Storage Investments Across the Southeast

Private equity firm Broadstreet Global has announced a significant expansion of its self-storage investment platform, unveiling plans to develop more than 25 state-of-the-art facilities across high-growth Southeastern U.S. markets. With 15 projects currently underway and over 8,100 units in the pipeline, the firm is doubling down on what it sees as a compelling real estate opportunity driven by demographic and housing trends. Headquartered in Greenville, SC, Broadstreet is aligning its self-storage growth with its broader strategy of co-locating facilities near its infrastructure and residential developments to capitalize on regional population…

Garrett Development, Willmeng Break Ground on Self-Storage Facility in Peoria, AZ

Garrett Development Corp. (GDC), with Willmeng Construction as general contractor, has broken ground on a 110,136-square-foot self-storage facility at 24027 N. Lake Pleasant Parkway in Peoria. Designed by RKAA Architects, the facility will feature 1,129 square feet of office space, 53,939 square feet of storage on the first floor and 55,068 square feet of storage on the basement level. Construction is slated for completion in June 2026, with the facility scheduled to open by the third quarter of 2026. Source

Gantry Secures $10 Million Refinancing for Self-Storage Facility in Oahu, HI

Gantry has secured a $10 million permanent loan to refinance maturing debt for a self-storage facility in Kaneohe on the Hawaiian island of Oahu. The two-story, climate-controlled facility features 698 units encompassing 50,135 rentable square feet. Public Storage manages the property, which is located at 46-004 Kawa St. Robert Slatt and Alex Poulos of Gantry arranged the five-year, fixed-rate loan through a regional bank for the borrower, a private real estate investor. Source

How to Optimize Your Self Storage Unit Mix

If you want to maximize your facility’s revenue, occupancy, and customer satisfaction, you’ve got to have the right unit mix. It’s not just about how many units you have—it’s about having the right types and sizes that fit the needs of your market. Whether you’re opening a new facility or reassessing an existing one, understanding how to tailor your unit mix to meet demand can transform your profitability. Start With Market Demand, Not Assumptions Matching your unit mix to local market demands is an exercise in product-market fit. This concept…

Recent Self-Storage Transactions: 07.08.2025 – 07.14.2025

  Portfolio: Eight-Property Self-Storage Portfolio Location: Across Four States Brokers and Brokerage: Ben Vestal, Cole Carosella, and Matthew Cox of The Argus Self Storage Advisors team on behalf of National Storage Affiliates (NSA) NRSF (Combined): 610,500 Highlights: Offers the investor significant in-place cash flow with geographic diversification and scale The sale was a collaborative effort involving four different Argus offices nationwide   Portfolio: Mesquite Self Storage Portfolio [Previously managed by Extra Space Storage] Location: Mesquite, NV Address 1: 675 Mayan Circle, Mesquite, Nevada Address 2: 760 Bowler Drive, Mesquite, Nevada…

Self-Storage Facility Could Replace Century-Old Business in Wilkes-Barre, PA

A self-storage facility could open in an iconic South Main Street building in Wilkes-Barre vacated by a century-old business that has relocated its headquarters to Hanover Township. CAE Self-Storage LLC is seeking a variance to permit the adaptive reuse of a commercial building at 454 S. Main St. into a self-storage facility containing 600 storage units, according to an agenda for Wednesday’s Wilkes-Barre Zoning Hearing Board meeting. CAE is also requesting a variance to waive 29 parking spaces for the proposed use. The building is owned by Petroleum Services Company,…

Blue Door AM I, LLC Announces Launch of Delaware Statutory Trust (DST) Investment Program

Blue Door AM I, LLC, an indirect subsidiary of Strategic Storage Growth Trust III, Inc. (“SSGT III”), and an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the launch of Blue Door Property II, DST (“Blue Door II”), a new Delaware Statutory Trust (DST) investment program. Blue Door II offers accredited investors the opportunity to participate in the self-storage sector through a diversified portfolio of three debt-free institutional-quality properties located in Orlando, Florida and Pasadena and Corinth, Texas. The Orlando property consists of approximately 680 units…

A Self-storage Facility is Planned Off County Road 210 in St Johns, FL

A 120,000-square-foot self-storage facility is permitted to advance in St. Johns County. The county issued a building permit on July 11 for the $9.26 million project. No rezoning is required. Beachside Self Storage is a four-story, climate-controlled facility at 1490 County Road 210. It is off Pappy Road just outside the Fountains at St. Johns, a mixed-use center with about 30 tenants and an apartment community anchored by Ascension St. Vincent’s Health Centre – St. Johns County, about a half-mile east of Interstate 95. The Fountains is developing its second…

Eastern Union Secures $18.5 Million to Refinance Construction of Multifamily, Mixed-Use Property in Manchester, NH

Eastern Union, one of America’s largest commercial real estate mortgage brokerages, has arranged an $18.5-million loan to refinance construction of a 77-unit, multifamily, mixed-use development in Manchester, NH. The 12-month mortgage was secured by loan consultant Yossi Rubin and loan originator Chaskel Horowitz. The eight-story, 98,000-square-foot building, presently under construction, is located at 31 Central Street near the University of New Hampshire and the Southern New Hampshire University Arena. Construction is expected to be completed by the end of this year. “We are grateful that we were able to connect…