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Planning Commission OK’s Self-Storage Plan for a Self-Storage Facility Near Rice Lake, WI

Menards obtained approval of its operational plan for a new self-storage facility on the south side of Rice Lake near its retail store, but the Plan Commission had a few contingencies. For a couple of years, Menards has sought to build a self-storage facility on the southeast corner of Wisconsin Avenue and Highway O. Plans call for the construction of 245 non-climate-controlled units of various sizes from 10-by-10 feet to 10-by-20 feet. The self-storage units will be considered an extension of the nearby store, and local staff will be in…

TFE-Owned Self-Storage Property Transitions to Cubesmart in Lakewood, NJ

TFE Properties has expanded its partnership with CubeSmart, tapping the self-storage operator to manage an 820-unit facility near Route 70 in Lakewood. According to TFE, the complex at 925 New Hampshire Ave. is a former EZ Self Storage location that transitioned to CubeSmart in early April. The landlord now hopes to reap the benefits, noting that the 95,000-square-foot facility has been in its portfolio since 2001 and features computerized gate access and climate-controlled, ground-level and oversized units. TFE added that the building’s proximity to Route 70 and to new and…

Go Store It to Launch REIT, Offering Flexibility for Self Storage Investors and Owners

Go Store It Self Storage plans to launch a real estate investment trust (REIT) in mid-2025, consolidating a large share of its portfolio under one entity in a move designed to streamline operations, simplify investor structure and enhance access to capital. The REIT will replace Go Store It’s current tenancy-in-common (TIC) model, offering existing TIC investors a tax-deferred rollover option. The new structure will support more efficient fundraising, improve portfolio-level financing and better position the platform for future transactions, including the possibility of a public listing or portfolio sale. Go…

Gantry Arranges Financing for Self-Storage Properties in Bay Area and Santa Barbara, CA

Gantry has secured a total of $31.76 million of permanent loans to refinance three separately owned California self-storage facilities since the start of 2025, including two Bay Area properties. The most recent loan provided $9.76 million in May to refinance an 829-unit facility managed by ExtraSpace located at 224 N A St in Lompoc, a Central Coast community in Santa Barbara County. The second loan provided $10 million in April to refinance the 654-unit StoreLocal Oakley facility located at 4700 Main St. in Oakley, an eastern Bay Area suburb in…

Navigating Price Sensitivity Without Compromising Value in Self Storage

In today’s economy, price sensitivity is at an all-time high, and the self-storage industry is feeling the squeeze. With consumers scrutinizing every dollar, self-storage providers must walk a fine line between staying competitive and maintaining value. Grace Totty, VP of Marketing and Sales at Absolute Storage Management, offers a roadmap for doing just that in her presentation, “Navigating Price Sensitivity Without Compromising Value.” The shifting economic landscape has created a new kind of consumer: one who is more informed, more cautious, and more demanding. According to Totty, although the core…

Lockhart Storage Centers Select White Label Storage as Management Partner

White Label Storage has added six Lockhart Storage Centers facilities to its portfolio, further expanding its footprint in the Southeast and reinforcing its position as one of the fastest growing third-party management companies in the industry. “We’re proud to expand our relationship with Lockhart Storage Centers,” said Jennifer Barroqueiro, Vice President of Operations at White Label Storage. “Following the strong performance at Davenport, Lockhart entrusted us with the management of their additional Class A facilities in Florida, and we’ve already hit the ground running.” White Label Storage initially launched management…

Featured Brokers: Matthew Cox and Cole Carosella

Mr. Cox joined Argus Self Storage Advisors in November 2021 and is currently the Director – Valuation & Budgeting. He has been instrumental in elevating the firm’s financial and operational performance within the self-storage industry. With a robust background in development, acquisition, and brokerage, he has underwritten over 3,000 deals across the United States and now oversees financial reporting, revenue management, and underwriting for the national brokerage network at Argus. Prior to joining Argus, he contributed to the development of over $300M in class A self-storage facilities across the Western…

West Coast Self-Storage Group Manages West Coast Self-Storage in Pullman, WA

West Coast Self-Storage Group, a leading self-storage property management company, is pleased to announce that it has begun managing West Coast Self-Storage Pullman, formerly known as Express Storage-Pullman. This addition strengthens West Coast Self-Storage’s presence in Eastern Washington and reflects its ongoing mission to provide high-quality, secure, and convenient storage solutions across the region. Located at 6862 WA-270 in Pullman, WA, just minutes from Washington State University and the Sunshine and Whitlow communities, West Coast Self-Storage Pullman features 99 storage units comprising 44,376 rentable square feet. The facility offers a…

A New Self-Storage Facility Breaks-Ground in Fort Pierce, FL

If you’ve been wondering what’s being built next to Aldi on U.S. 1 in Fort Pierce near Ohio Avenue, you’re not alone. Significant groundwork has taken place in recent weeks on the property at 1300 S. U.S. 1, near the tall nets for the driving range for Indian Hills Golf Course. It turns out the 1.38-acre lot is the future home to a four-story, climate-controlled, self-storage facility with 178 storage units and 23 parking spots, according to a site plan for the project approved by the city. The main 106,830-square-foot…

Spartan Investment Group Opens Self-Storage Facility in Eustis, FL

Spartan Investment Group has opened FreeUp Storage Eustis, a 660-unit self-storage facility located at 36536 S. Fish Camp Road near Lake Eustis in Grand Island, about 47 miles northwest of Orlando. Spartan Construction Management, a general contractor affiliate of the Colorado-based developer, broke ground on the facility in June 2024. FreeUp Storage Eustis features 340 climate-controlled units and 266 non-climate-controlled units across nearly 67,000 rentable square feet. Source