Filter articles for: US

Filter articles for: Canada

New Management for Self Storage Facility

Local acquisition of Handy Mini Storage is bringing professional self-storage management to city of Wynne, AR. Wynne Properties Group, LLC purchased this facility for an undisclosed price in mid December 2020. Handy Mini Storage provides non-climate and climate controlled storage units along with uncovered parking to the local community of Wynne, serving the surrounding businesses and neighborhoods. The facility is comprised of 600+ total units totaling 96,350 rentable square feet. Wynne Properties Group, LLC has partnered with Absolute Storage Management (ASM) to provide professional self-storage management for Handy Mini Storage.…

New Management for Self Storage Facility in Murfreesboro, TN

Local acquisition of Walter Hill Storage is bringing professional self storage management to city of Murfreesboro. Local buyers of WH Storage Partners, LLC purchased this facility for an undisclosed price in late December 2020. Walter Hill Storage provides non-climate storage units and uncovered parking to the local community of Walter Hill, serving the surrounding businesses and neighborhoods. The facility is comprised of 360+ total units totaling 43,425 rentable square feet. WH Storage Partners, LLC has partnered with Absolute Storage Management (ASM) to provide professional self-storage management for Walter Hill Storage.…

New Management for Self Storage Facility in Saint Peters, MO

Local acquisition of Steward Self Storage is bringing professional self storage management to city of Saint Peters. St. Peters Self Storage LLC purchased this facility for an undisclosed price in mid-December 2020. Steward Self Storage provides non-climate controlled storage units to the local community of St. Peters, serving the surrounding businesses and neighborhoods. The facility is comprised of 350 total units totaling 48,300 rentable square feet. St. Peters Self Storage LLC has partnered with Absolute Storage Management (ASM) to provide professional self storage management for Steward Self Storage. ASM began…

James Ashley Compton

With a reputation as a key player in self storage investment sales, James Ashley Compton has sold or listed 15.2 million square feet of self storage sold or listed over the course of his 16 year brokerage career. These transactions are valued in excess of $1.28 billion and place Ashley among top national producers. Upon joining Colliers International’s Nashville office in 2016, Ashley was named a national director of self storage investment sales. While obtaining his undergraduate degree, Ashley launched his career as an acquisitions analyst for a self storage…

Five Reasons Smart Locks Are a Self Storage Manager’s Best Friend

In today’s world, the demand for automated rentals is at it’s all time high. This past year has been challenging for many industries in maintaining a strong business while creating a “contactless” environment for their employees and customers. Although we have hope that the end of today’s pandemic is in the very near future, there’s certainly no guarantee. Nevertheless, customers have now become so used to a contactless environment and the simplicity of taking care of their daily responsibilities that we’ll never truly go back to the way things were…

How Can First-Time Storage Buyers Compete?

The self storage market is hot! With strong performance during 2020 and the global health pandemic, storage has been stealing headlines as one of the most desired asset classes. Owners have seen occupancy remain steady, rent collection stay high and revenue grow. The attention on self storage has attracted groups both large and small to the industry in search of their first property. The reoccurring question I receive is how can we compete or what will it take to buy our first deal? I will share below the best practices…

Clearlake Portfolio Company Janus International Acquires G&M Stor-More

Acquisition enables Steel Storage Australia, a Janus Company, to enhance its self storage design and construction solutions offering to the Australasian market. Clearlake Capital Group, L.P. portfolio company Janus International Group, LLC., the leading global manufacturer and supplier of turn-key building solutions and new access control technologies for the self storage and other industrial sectors, announced today that Steel Storage Australia, a wholly owned subsidiary of Janus, has acquired G&M Stor-More Pty Ltd., a premier provider of self storage design and construction solutions serving the Australasian market. The acquisition of…

Tyler Trahant

Tyler is senior vice president at Dominus Commercial. He began his career as a real estate intern during his senior year at Texas Christian University for a Fort Worth real estate firm. Upon graduation, Tyler became a licensed real estate broker in Texas and has been representing clients for their real estate needs since 1998. He has successfully represented buyers and sellers of self storage properties since 1999 having completed deals ranging from $500,000 to $18,000,000. He is also a real estate investor and part owner in a Texas self…

Chad Snyder

Chad is the managing director at Dominus Commercial and was formerly a senior associate at Colliers International. Chad Snyder specializes in self storage and office tenant representation. In this capacity, he focuses on representing midsize office tenants in the Dallas/Fort Worth metropolitan area with a targeted concentration in Tarrant County. Additionally, Chad draws upon his research and analytical skills to provide clients with valuable local and national market insight on a daily basis. Prior to joining Dominus, Chad worked in the oil and gas industry where he specialized in the…

National Storage Affiliates Trust Announces Addition of New PRO

National Storage Affiliates Trust (NYSE: NSA), today announced that it has entered into definitive agreements to add Blue Sky Self Storage (“Blue Sky”), a strategic partnership between Argus Professional Storage Management and GYS Development LLC, as a Participating Regional Operator (PRO). Blue Sky and its affiliates own and/or manage over 150 self storage facilities, primarily located across the western and southern United States. Management expects that Blue Sky’s initial managed portfolio will consist of seven properties that will be acquired by NSA by the end of the first quarter 2021,…