Category: Self Storage News

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

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…

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…

Talonvest Capital Closes $25.2M Bridge Loan for Their Newly Developed Self-Storage Facility in Vista, CA

Talonvest Capital, Inc., a boutique self storage and commercial real estate advisory firm, is pleased to announce the closing of $25,250,000 non-recourse, bridge loan on behalf of Clear Sky Capital and their institutional equity partner for their newly developed, 1,484-unit Class A self-storage facility with 132,695 square feet of rentable area that also contains 45 vehicle/RV parking stalls. The property is located at 510 N Avenue in Vista, CA. Despite the increased market volatility in the second quarter, Talonvest successfully sourced multiple competitive financing options, with 40% of the lender…

Calcumate Launches CalcumateGEO: The First Location-Aware Storage Size Guide for Multi-Store Operators

Calcumate, the world’s leading 3D self-storage size calculator, today announced the launch of CalcumateGEO – the first location-aware size guide for multi-store operators that gives customers real-time, store-level unit size recommendations and connects customers directly to the relevant rental or booking page. By instantly directing users to the closest location and showing them what they need, CalcumateGEO turns multi-store size guides into a new source of conversions and makes the online rental journey faster, more relevant, and dramatically more effective. Created for operators with multiple locations, CalcumateGEO automatically detects a…

Self Storage Opens with Professional Management in Myrtle Beach, SC

Local owners of Centro Self Storage proudly announce the acquisition of the self-storage facility at 4357 Postal Way, Myrtle Beach, SC 29579. This facility, being managed by Absolute Storage Management (Absolute), features 739 units totaling 83,835 rentable square feet. It offers safe and secure climate-controlled, non-climate-controlled, and parking unit options to the local communities of Carolina Forest, Socastee, and North Myrtle Beach. TLV RE SS II Myrtle Beach Owner, LLC has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s…

StorageMart and Manhattan Mini Storage Third Party Management Onboard 27 Metro Storage Facilities across the U.S

StorageMart and Manhattan Mini Storage Third Party Management have announced a significant portfolio expansion through a collaborative onboarding of 27 self-storage facilities formerly operated by Metro Storage. Located across seven states and representing over 2 million net rentable square feet and 18,672 storage units, these facilities are now fully integrated into the company’s third-party management platform and are operating under either the StorageMart or Manhattan Mini Storage brand. This expansion reinforces the company’s position as a leading self-storage provider for third-party management services, offering a dual-brand solution for storage owners…

Mini-Maxi Storage Launches Professionally Managed Storage Facility in Tampa, FL

Local owners of Mini-Maxi Storage proudly announce the acquisition of the self-storage facility at 8891 North Florida Avenue, Tampa, FL 33604. This facility, managed by Absolute Storage Management (Absolute), features 373 units totaling 46,435 rentable square feet. It offers safe and secure non-climate unit options to the local communities of Tampa, Lake Magdalene, and Seffner. The Moser Family Partnership LP has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of June 16, 2025. Residents and businesses in…

Spacettes Small Business Park Launches Professionally Managed Storage Facility in Tampa, FL

Local owners of Spacettes Small Business Park – Annex proudly announce the acquisition of the self-storage facility at 8891 North Florida Avenue Tampa, Florida 33604. This facility, managed by Absolute Storage Management (Absolute), features 55 units totaling 35,750 rentable square feet. It offers safe and secure commercial space and parking unit options to the local communities of Tampa, Lake Magdalene, and Seffner. The Moser Family Partnership LP has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of…