Category: Self Storage News

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…

Affinius Capital Originates $33.5 Million Loan to Refinance Storage Portfolio Located Across 7 Markets in Five US States

Affinius Capital LLC announced today the origination of a $33.5 million refinancing loan for a 10 Federal self-storage portfolio, which includes 13 self-storage facilities spanning 3,600 units across five states. Properties in the geographically diversified portfolio are located in Colorado, Georgia, North Carolina, Texas, and Tennessee. The loan will support the portfolio’s ongoing lease-up efforts and operational stabilization. Affinius Capital Senior Vice President Tyler Figley commented, “This transaction represents a compelling opportunity to expand our presence in self-storage, a growing asset class that adds meaningful diversification to our portfolio. We…

6Storage and Calcumate Partner to Enhance Online Rentals for Self-Storage Operators in 25+ Countries

Key messages: 6Storage and Calcumate have concluded a partnership agreement which sees Calcumate deeply integrated into 6Storage, including its brand-new platform, 6Storage 3.0 Orders for the integration are being taken from today, and the integration of Calcumate into 6Storage will be completed in the coming weeks 6Storage, a global self-storage management software provider trusted by operators in over 25 countries, and Calcumate, the world’s leading 3D storage calculator for self-storage and moving providers, today announced a new integration partnership. The collaboration will enable 6Storage users to display Calcumate in an…

Talonvest Secures $17.8 Million in Financing for a Four-Property Self-Storage Portfolio Across Southern California and Arizona

Talonvest Capital, Inc., a boutique commercial real estate mortgage brokerage firm, is pleased to announce the successful closing of a $17,800,000 refinance loan on behalf of Tierra Corporation for a four-property self-storage portfolio located across high-demand markets in Southern California and Arizona. The portfolio includes properties in Riverside, Redlands, and Indio, California, as well as Yuma, Arizona. In total, the facilities span 377,939 net rentable square feet and comprise 2,252 non-climate-controlled drive-up units, 25 climate-controlled units, 4 manager units, and 198 RV parking spaces. The non-recourse, CMBS execution loan was…

Proposed Self-Storage Facility on College Highway to Restart Permitting Process in Southwick, MA

When the Planning Board meets again, it will hold a public hearing to restart the permitting process for a proposed self-storage facility on College Highway after the developers withdrew their first request once it became clear it had little chance of being approved. The new application for the permit, sought by Southampton-based developers Jim and Ellen Boyle, offers the board a proposal that is a significant departure from its first site plan, which asked for permission to build a nearly 60,000-square-foot, two-story facility between O’Reilly’s Auto Parts and Pioneer Valley…

Industry Veteran Joins EquiCap Commercial

EquiCap Commercial, a leading self-storage advisory firm, is pleased to announce the addition of Marla Čolić as Senior Vice President. With over a decade of experience in commercial real estate, Marla brings extensive industry knowledge, a strong sales track record, and deep expertise in the self-storage sector. Marla joins EquiCap Commercial following a successful career advising clients on a broad range of self-storage transactions. Known for her high energy, client-focused approach, and market insights, she has cultivated lasting relationships with owners, investors, and developers in Missouri and the Midwest. Before…

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…

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…

Following New Partnership, West Coast Self-Storage Manages Nova Storage Facility in Adelanto, CA

A well-known self-storage facility in Adelanto is now under new management following a strategic partnership between Nova Storage and West Coast Self-Storage, the companies announced this week. The Adelanto location, along with nine other Nova Storage sites across Southern California, will now be managed by West Coast Self-Storage, a major self-storage operator based in Everett, Washington. The change is expected to bring enhanced services and operational upgrades while keeping the local team and customer-friendly focus intact. “This partnership represents an exciting new chapter,” said Felicia Thomas Orozco, District Manager for…