Day: June 3, 2026

Weekly Self Storage Transaction Roundup: 5/19/26 – 6/1/26

Recent self-storage transactions indicate steady market activity, especially in secondary and tertiary markets. Nineteen deals across 13 states were completed, with single-asset sales comprising most of the volume. Portfolio transactions also occurred, including Etude Storage Capital’s acquisition of two Chicago properties from Self Storage 1, Mini Storage Depot’s sale of two Extra Space-branded facilities in Nashville, and a two-property, 315-unit portfolio in Corning, CA. These transactions show continued interest in multi-asset opportunities in both urban and regional markets. Capital is moving through multiple deal profiles. For example, Compass Self Storage…

SurePoint Breaks Ground on 861-Unit Storage Facility in The Woodlands, Texas

SurePoint Development has broken ground on a new self-storage facility in The Woodlands, Texas. The project will include 861 units and approximately 90,000 net rentable square feet of climate-controlled storage space within The Woodlands Town Center. Extra Space Storage will manage the property, which is scheduled for completion in spring 2027. The facility will be SurePoint’s 10th location in the Houston area, reflecting continued self-storage development activity in growing suburban markets and ongoing demand for climate-controlled storage inventory. Read the Full Article Source: REBusiness Online

Construction Begins on Mixed-Use Project, including Self-Storage in North Haledon, New Jersey

Tulfra Real Estate and The Hampshire Cos. have broken ground on High Mountain Promenade, a mixed-use development in North Haledon, New Jersey, that will include a 596-unit self-storage facility, 90 apartments, and retail space. Located along Belmont Avenue, the project is positioned near major transportation routes and serves a densely populated area spanning Passaic and Bergen counties. The development reflects the continued incorporation of self-storage into mixed-use projects, as developers combine storage, residential, and retail uses within suburban markets where available development sites are increasingly limited. Read the Full Article…

West Coast Self-Storage Opens Rebuilt Facility in Jurupa Valley, California

West Coast Self-Storage has reopened a renovated facility in Jurupa Valley, California, after a comprehensive redevelopment of the property. The facility now includes 506 storage units, featuring both climate-controlled and drive-up options, as well as updated security systems and digital management tools. The project reflects a broader trend in the industry: repositioning and modernizing existing self-storage assets as operators invest in upgraded amenities and technology to meet customer demand and strengthen performance in expanding suburban markets. Read the Full Article Source: PR.com

6 Proven Ways to Turn Around an Underperforming Self-Storage Facility

Not every self-storage facility performs as expected. Whether occupancy has stalled, expenses are rising, or revenue growth has slowed, an underperforming property doesn’t have to stay that way. The good news is that many struggling facilities can be improved with a few strategic changes. By focusing on operations, revenue management, marketing, and customer experience, owners can often increase Net Operating Income (NOI) and significantly improve property value. Here are six proven ways to turn around an underperforming self-storage facility. 1. Audit Your Financials The first step is understanding exactly where…