Category: Featured Home Slider

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…

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…

Centerbridge Partners and Reframe Holdings Announce Self-Storage Joint Venture to Target Properties Across the United States

Centerbridge Partners, L.P. (“Centerbridge”) and Reframe Holdings LLC (“Reframe”) today announced the formation of a programmatic joint venture. Including leverage, the venture will be positioned to aggregate and own over $500 million of self-storage facilities across the United States. The partnership will focus on acquiring existing Class A and institutional-quality Class B facilities in top metropolitan statistical areas (MSAs) nationwide, utilizing leading third-party property managers to oversee operations. The platform combines Centerbridge’s deep experience and track record in self-storage with Reframe’s principals’ experience in acquisitions, development, and management of self-storage…

Valuing a Self-Storage Facility: 4 Proven Methods Every Owner Should Know

Understanding the true value of a self-storage facility is essential whether you’re planning to sell, buy, refinance, or simply want to know where your investment stands. Unlike residential real estate, valuing commercial properties like storage facilities requires a deeper look at income, expenses, and market conditions. Here are four key methods that professionals use to determine the value of a self-storage facility. 1. The Income Approach The Income Approach is the most common and practical method for valuing self-storage facilities. It’s based on how much income the property generates compared…

Inland, Devon Complete Self-Storage Redevelopment in Fraser, Michigan

Inland Real Estate Investment Corporation and Devon Self Storage have completed construction of an approximate 85,330-square-foot Class-A self-storage facility located 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. “Surrounded…

5 Questions With…Janus International

Ready to unlock tax savings and add value to your self-storage facility before year-end? In this episode of 5 Questions With, we sit down with Blake Robinson, National Sales Manager for MASS units at Janus International, to dive into the financial benefits of facility upgrades—especially relocatable storage units—and how operators can take advantage of 2025 tax incentives before time runs out. Blake breaks down common mistakes, key questions to ask vendors, and how to avoid costly missteps. Whether you’re looking to boost revenue, reduce your tax liability, or simply get…