Day: July 1, 2026

StorTrack Market of the Month: Southwest Florida

Southwest Florida self-storage market encompasses three MSAs: Cape Coral–Fort Myers, Naples–Marco Island, and Punta Gorda. It includes 283 facilities and nearly 15.4 million net rentable square feet (NRSF) serving around 1.4 million people. With 10.8 square feet per capita, the region exceeds the national average of 7.9, reflecting population growth, in-migration, and storage demand from retirees and seasonal residents. Against this backdrop, supply dynamics vary across the region’s distinct markets. We used StorTrack’s Explorer platform to dig into key market metrics. Market Snapshot for Southwest Florida Among the three markets, Punta Gorda…

Weekly Self Storage Transaction Roundup: 6/24/26 – 6/29/26

Thirteen deals closed last week, led by a heavy concentration of Texas activity in Elgin, Spicewood, Austin, and New Braunfels, as well as portfolio sales in the Virginia Beach MSA and Southern California. The transactions covered a wide range of opportunity types, from Sundance Bay’s Austin acquisition, which plans to add 26,475 square feet of indoor climate-controlled space; Snow Creek Group and Outwest Investments’ Poncha Springs, CO, an 11.5-acre asset with self-storage and outdoor storage components at a key highway interchange; and Turnbull Equity’s two-property California pickup also stood out,…

How a Midwest Self-Managed Storage Portfolio Found Room to Grow

For more than two decades, Storage of America grew its self-storage portfolio one facility at a time. Beginning with a single big-box conversion in Indianapolis in 2003, the family-owned company expanded to 29 facilities and nearly 18,000 units across five Midwest states, managing every aspect of the business in-house: operations, customer service, delinquency management, marketing, and facility oversight in-house. That approach helped build a successful portfolio. As the company continued to grow, though, so did the complexity of managing operations. Processes varied from facility to facility, visibility into day-to-day performance…