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White Label Storage Surpasses 200 Self Storage Facilities Under Management

White Label Storage, a leading third-party management company, has surpassed 200 facilities in its management portfolio. The company was only founded in 2022, so this announcement marks a major achievement for the organization’s growth and solidifies their reputation for operational excellence. “Crossing the 200-facility mark is an exciting milestone, but we’re just getting started,” said Peter Smyth, CEO and Co-Founder of White Label Storage. “We’re continuing to roll out unique products within our management platform that raise the bar for service and give independent owners the ability to compete in…

VanWest Partners Opens New Self Storage Facility in Southeast Denver, Colorado

VanWest Partners, a Denver-based real estate investment firm specializing in self-storage acquisitions and management, has opened ClearHome Self Storage – Colorado Blvd, a newly constructed, state-of-the-art self-storage facility at 2425 S. Colorado Boulevard. The five-story property officially opened in late June, following a 20-month development effort that brings modern, climate-controlled storage to one of Denver’s most prominent corridors. The project spans over 92,000 rentable square feet with over 1,100 fully climate-controlled units. Featuring a sleek glass façade, Kalwall lighting elements, and integrated solar power, the facility combines contemporary design, sustainability,…

Talonvest Capital Closes $13 Million Self-Storage Financing for Millersville, MD

Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, has successfully arranged a $13,000,000 permanent loan for the refinance of a self-storage facility in Millersville, MD. The non-recourse loan was secured on behalf of Storage Village, an experienced owner/operator with facilities located throughout the Baltimore-Washington corridor. Known for its commitment to integrity, excellence, and community service, Storage Village has been a trusted storage owner for thousands of customers for over 25 years. The property features 556 climate-controlled units, 188 non-climate-controlled units, and 5 parking spaces for vehicle…

Mastering Your Sales Funnel: Boosting Conversions in Self-Storage Sales

In the highly competitive self-storage industry, mastering your sales funnel is crucial for turning inquiries into loyal customers. A well-structured sales funnel guides prospects from awareness to action with intentional messaging, follow-up, and service strategies. Start by understanding who manages your funnel—on-site teams, off-site reps, or a hybrid model—and tailor your process to ensure each lead is nurtured effectively. Clear communication is essential. Train your team to build rapport quickly during phone calls, capturing key details early, and ensuring your phone systems, call tracking, and coaching tools are functioning flawlessly.…

Build, Buy, Sell

Over the past decade, the influence of Private Equity investing in all aspects of the self-storage industry has been profound. Up until late 2002, when NCREIF (National Council of Real Estate Investment Fiduciaries) started tracking self-storage as an asset class, there were the REITs and private sources of capital, with very few sources in between. Private Equity started investing in the industry in earnest in the mid-2010s and now accounts for almost half of all self-storage investing (Preqin, Yardi, Nareit). Hold Period A few of the impacts include a more…

Sell Your Facility for 20% More with Seller Financing

We’re seeing an increasing number of self-storage deals closing with the seller being the lender and financing the deal. Any facility we list for sale with seller financing available always attracts higher levels of buyer interest, which results in more offers and an eventual sale price 15-20% higher than the market. As an added benefit, the seller doesn’t have to figure out how to invest the sale proceeds, and they receive monthly interest payments during the loan term. Loan terms are always negotiated between buyer and seller, and the most…

Marcus & Millichap Capital Arranges $7.9 Million Financing For a Self-Storage Property in Hamilton, Ohio

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $7.9 million in financing for a 928-unit, 122,620-square-foot self-storage property located at 1861 Dixie Highway in Hamilton, Ohio. Doug Brooks, managing director in MMCC’s Columbus office, secured the financing with a national bank on behalf of a private client. “This was a cash-out transaction for a repeat client,” said Brooks. “The process unfolded smoothly, and we were pleased to support the client with a full-term, interest-only structure that met their goals.” Terms…

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…

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…

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…