Category: Self Storage News

Precision Global Corporation Partners with CubeSmart to Manage Four Strategic Storage Facilities Across Texas

CubeSmart (CUBE, Financial) partners with Precision Global Corporation to manage four storage facilities in Texas The partnership adds a modest 0.3% to CubeSmart’s existing portfolio of over 1,300 properties This venture aligns with Precision Global’s strategy to expand its national self-storage portfolio CubeSmart (CUBE), the third-largest self-storage operator in the United States, has entered a partnership with Precision Global Corporation (PGC) to oversee the management of four key storage facilities in Texas. This collaboration, effective July 25, 2025, represents a strategic expansion for both companies, focusing on enhancing customer experience…

A New Self-Storage Granted Access to Chino Utilities in Chino Hills, CA

A developer proposing a self-storage facility in Chino Hills has received approval from the City of Chino to connect to its water and sewer system. The William Warren Group is planning to build a four-story 62,950-square-foot facility with 741 storage units on the southeast corner of Chino Hills Parkway and Monte Vista Avenue. The project will be built on the east side of Monte Vista, directly across the street from the Rancho Monte Vista Mobile Home Park. The Chino City Council on July 15 approved the developer’s request to connect…

Planning Committee Approves Concept Plan For Goddard Self Storage Facility in St. Mary’s, MD

At the June 14 meeting of the St. Mary’s County Planning Commission, members reviewed and approved the concept site plan for the proposed Goddard Self Storage facility. The project, described as a “quiet use” with “low impact” traffic, aims to provide storage space to meet a perceived local need. The self-storage facility will be located at 24175 Point Lookout Road in Leonardtown and will occupy a space of approximately 111,400 square feet. Planning committee members highlighted that the site, zoned appropriately, will maintain existing natural buffers including a wooded area…

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…

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…