Last week’s self-storage activity signaled continued investor appetite for both high-density urban infill and strategic development, with transactions totaling more than 5,000 units across North America. Highlights included a nearly 200,000-square-foot climate-controlled portfolio in Philadelphia, set to be managed by Extra Space Storage, and a 70,210-square-foot facility in Odessa, Texas, acquired by a joint venture between AVAD Capital and Etude Capital. Development momentum also extended beyond the U.S., with a notable Canadian project in Edmonton, Alberta, where SmartStop Self Storage REIT partnered with SmartCentres on a planned four-story Class A…
Day: March 17, 2026
StorageMart Provides Bridge Loan Refinancing for Managed Manhattan Mini Storage Facility in Tribeca, New York
StorageMart announced the successful refinancing of the Manhattan Mini Storage facility located at 78 Walker Street Self Storage Facility through the company’s Bridge Lending Program. The property, already managed by StorageMart and Manhattan Mini Storage through its third-party management platform, secured a $23,300,000 bridge loan at a three-year fixed rate. The property in Tribeca operates under the Manhattan Mini Storage brand and has been managed under the company’s expanding third-party management program since February 2025. By leveraging its integrated management and lending platform, StorageMart was able to provide a streamlined…
H&M Development Obtains Site Plan Approval for Class-A Self-Storage Facility in the City of Weston, Florida
The City Commission of the City of Weston has granted an affiliate of H&M Development unanimous Site Plan approval for the development of a State of the Art, Class-A, Climate-Controlled Self-Storage facility with 116,062 SF. H&M is expected to break ground in Q3 of 2026. The property currently has an unused maintenance building that previously served the Bonaventure Golf Club. “This use is a great fit for the location of the site, as it fronts I-75 and has no neighboring residential communities. We are looking forward to breaking ground,” said…
