Author: Shinil Krishnan

Public Storage to Acquire National Storage Affiliates, Creating Significant Value for All Stakeholders

Public Storage (NYSE: PSA, the “Company”), a leading owner and operator of self storage facilities, and National Storage Affiliates (NYSE: NSA) today announced an agreement under which Public Storage will acquire National Storage Affiliates in an all-stock transaction valued at an enterprise value of approximately $10.5 billion. NSA’s portfolio includes more than 1,000 properties, 69 million rentable square feet, and 550,000 units across 37 states and Puerto Rico. The combined company is expected to have a pro forma equity market capitalization of approximately $57 billion and total enterprise value of…

ENERGY | FEDS | AI | STORAGE

Every week brings new economic headlines. Energy policy. Interest rates. Artificial intelligence. Global politics. For self-storage owners and investors, the challenge is not access to information. It’s understanding what actually matters to asset performance and long-term value. Here is what we are watching. ENERGY China has made its goal of energy independence clear. While that may seem distant from self-storage, energy policy influences construction costs, operating expenses, supply chain pricing, and capital markets. Over time, shifts in global energy alignment impact development feasibility and replacement cost assumptions across commercial real…

Featured Broker: Taylor Cahn

As a Co-Founder of Storage Exchange, Taylor has played an integral role in the development of the company’s sales platform and serves as the Vice President of Investment Sales. He leads a team of investment professionals who provide investment visibility and focus on achieving the maximum sales price for their clients. Taylor has a decade of experience in the self-storage industry and prides himself on offering relationship-based client services relevant to acquisitions/dispositions, operations, market conditions, and economic trends. Throughout his career, he has transacted on over $175 million of self-storage.…

The Self-Storage Building, Technology, and Renovation Experts at Janus International Announce All-New Door Replacement Mobile Application

Janus Releases “Rapid Replace™,” a Mobile App Designed to Simplify Door Replacements Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading global manufacturer and provider of turnkey self-storage, commercial, and industrial building solutions, today announced the release of Janus Rapid Replace, a mobile app designed to streamline self-storage door replacement quotes and orders. The Janus Rapid Replace app was built for self-storage owner-operators and facility managers who need a fast, reliable way to request quotes and submit orders to replace damaged or unsafe unit doors at their…

Why Submitting Offers Matters in Self Storage Deals

In the competitive self-storage market, one simple truth separates successful buyers from the rest. You cannot win a deal if you do not submit an offer. Being in the mix creates opportunity. Even if your initial offer is not selected, engaging early keeps you part of the conversation and positions you to benefit as the process evolves. Responsive buyers gain a clear advantage. Quick, thoughtful engagement signals seriousness to brokers and sellers. It builds credibility and helps ensure you are top of mind not only for the deal in front…

A Tale of Two Markets: Soft Operations, Strong Values

Over the past several years, the self-storage industry has found itself operating in a unique and, at times, contradictory environment. On one hand, operating fundamentals, particularly occupancy and rental rate growth, have softened meaningfully from their pandemic-era highs. On the other hand, investor demand for self-storage remains robust, capital is plentiful, and asset values continue to hold firm with cap rates being lower than historical averages considering the cost of debt today. This divergence between operating performance and investment demand has created one of the most nuanced ownership environments we…

The Hidden Cost of Poor Customer Service in Self-Storage

Most self-storage operators know their occupancy rate by heart. What far fewer operators can quantify is how much poor customer service is costing them. That’s not because it doesn’t matter, but because the impact tends to fly under the radar, until one day it doesn’t. Customer service has quietly become a critical revenue driver in self-storage. When competition is intensifying, consumer sentiment is king, and Google reviews carry more weight than ever, operators who treat service as a secondary priority aren’t just leaving money on the table — they’re actively…

Recent Self-Storage Transactions: 03.04.2026 – 03.10.2026

The self-storage sector kicked off the month with robust investment activity across diverse markets, from institutional-grade portfolios to specialized niche assets. Significant capital continues to flow into the space, as highlighted by a $71.5 million financing and joint-venture deal for an 18-property portfolio poised for a 70,000-square-foot expansion. Transactions spanned from high-density urban plays in Boston and Utah to expansive boat and RV storage facilities in Texas, reflecting a healthy appetite for both traditional climate-controlled units and specialized vehicle storage. With physical occupancies reaching up to 90% in key regions…

Proposed Self-Storage Project Moves Forward in Green – Akron, Ohio

Following the approval of a conditional-use permit by the Green Planning and Zoning Commission Feb. 18, a project at the corner of South Main Street and Magua Drive to bring storage units and office/retail can begin to move forward. The project does still require approval of a variance for a setback by the Green Board of Zoning Appeals, which will be the next step. The 6.98-acre property, located at 3929 S. Main St., is owned by SELU Holdings LLC and is vacant except for the abandoned facility at the corner…

4 Steps to Building a Better Marketing Budget

Most self-storage operators know they need to spend money on marketing. Fewer know how much, and even fewer have a clear framework for determining whether that spend is generating a return worth the investment. In a previous post, I covered the strategic case for thinking about marketing through the lens of lifetime value and customer acquisition cost (LTV:CAC). Here, I want to get more practical: what does a reasonable marketing budget actually look like, and how do you calculate the metrics that tell you whether it’s working? 1. Setting a…