Author: Shinil Krishnan

Self-Storage Valuation: The Importance of the Human Touch

As the self-storage sector continues to evolve, technology has become an essential tool for improving operations, enhancing customer service, and streamlining processes. One of the most critical aspects of managing your self-storage investment is accurately assessing what creates value. However, despite the advantages that technology brings to self-storage valuation today, the importance of human insight and touch remains crucial. The role of technology in self-storage valuation has always been important, but experience, expertise, and local knowledge are critical today to ensure an accurate valuation of your self-storage investment. Self-storage valuation…

Storage Star Set For $438k Rebuild After January Fire Damage in Laredo, TX

A storage facility off Quail Creek Road that sustained thousands of dollars in damage earlier this year is set to be rebuilt by October, according to a Texas Department of Licensing and Regulation permit. On Jan. 26, the Storage Star self-storage facility was found in flames by the Laredo Fire Department shortly after 9 p.m. Items ranging from family photos and documents to cars stored inside the building at 2110 Quail Creek Rd. were left charred, unrecognizable and turned to ash. Aftermath coverage showed photos of the storage units’ bright…

Recent Self-Storage Transactions: 06.24.2025 – 06.30.2025

These recent self-storage and specialty storage transactions highlight a robust investor appetite for high-quality and well-positioned assets across both traditional and niche segments. From Class A properties in tight urban submarkets like Revere, MA to expansive RV and boat facilities in Texas, capital is flowing to assets with modern amenities, strong occupancies, and growth potential, including land for expansion. Institutional and REIT buyers continue to target strategic locations near major economic drivers, such as new manufacturing plants or coastal boat launches, while development sites and well-maintained older properties also attracted…

Office-To-Storage Conversion Proposed at 60 Federal Street, San Francisco, CA

Planning permits have been filed for the conversion of a four-story office building into a self-storage facility at 60 Federal Street in SoMa, San Francisco. The complex has served as a facility for the Academy of Art University for over a decade. Seattle-based Tourbineau Real Estate Partners is listed as the property owner. The structure features five floors and two basement levels. Conversion will turn 94,650 square feet of office space into 83,935 square feet for self-storage. Parking is included for eight cars with two loading spaces. Arclogica Architects is…

Additional Self-Storage Proposed Off West Main Street in Stamford, CT

Another large storage facility could be coming to the west end of Stamford. Extra Space Storage is planning to build a 61,077-square-foot, three-story structure off West Main Street at Commerce Road, with 522 storage units. Three other large storage facilities operated by ESS are already located on the same four-acre site, which is near the Greenwich town border. “The self-storage business has been in high demand in Stamford,” said Jason Klein, an attorney representing the project, at a recent meeting of the city Planning Board. Klein noted that the site…

New Business To Offer Self-Storage, Camping, and Moving Rentals in Hollywood, AL

Chuck and Paula Stone, along with family members Charles Stone, Chris Bell, and Darlene Bell, are turning a portion of 76 acres they own in Hollywood into a new business venture. “The multi-purpose plans for the property have several phases. We are in Phase 1 right now,” said Chuck. Phase 1, now completed, was clearing the property and building a 24/7 access, 80-unit storage facility named My Stuff Storage. The storage units consist of 40 – 10 x 15 units, 20 –10 x 20 units, and 20 – 10 x…

Go Store It Adds Heartland Storage Portfolio to Growing Third-Party Management Platform

Go Store It Self Storage, one of the largest and fastest-growing privately held self-storage companies in the United States, has added the Heartland Storage portfolio to its expanding third-party management platform. The move reflects Go Store It’s continued growth in performance-driven property management by delivering operational efficiency, best-in-class customer service and industry-leading technology. Heartland Storage, owned by HAN Capital, includes 40 properties across 10 states. Since acquiring its first facility in 2009, HAN Capital has grown Heartland into a regional storage brand known for value, customer care and long-term stability.…

Proposed Self-Storage Facility on College Highway Gets Favorable Response From Planning Board in Southwick, MA

After over two years of fits and starts on a proposal by two Southampton-based developers to build a self-storage facility on College Highway, the project was essentially greenlighted by the Planning Board after a public hearing on the proposal Tuesday night. “This is a great replacement project than what was originally before us,” said Planning Board Chair Jessica Thornton after the facility’s designer, architect, and one of the developers presented its updated plan to build a 34,800-square-foot two-story building between O’Reilly’s Auto Parts and Pioneer Valley Trading Co. on College…

County Supervisors Vote 3-2 to Approve Splitting Auto Shop From Self-Storage Off Brewers Neck Boulevard, VA

Isle of Wight County supervisors voted 3-2 on June 5 to approve a landlord’s request to subdivide the former Knox Automotive property off Brewers Neck Boulevard. Star Caviar LLC, which last year purchased the property from John and Ann Knox for $1.7 million, had filed an application seeking a waiver of a provision of the county’s subdivision ordinance to split what is now Classic Collision, a national automotive chain, from an adjoining self-storage business on the 3.5-acre parcel. Doing so would create two conditional, limited industrial-zoned parcels, one measuring 1.8…

5 Questions With Hunter Molnar – Storage Exchange

In this episode of 5 Questions With, Hunter Molnar of Storage Exchange shares his insights on today’s self-storage investment landscape. Drawing from his background as an owner/operator, Hunter discusses how that experience informs his underwriting approach and broker opinions of value. He also dives into current buyer and seller expectations, key return metrics, and the growing trend of off-market deals. Whether you’re active in acquisitions or simply watching the market, this conversation offers practical takeaways for navigating today’s self-storage environment.   Want to be featured in a future episode? Email…