Author: Shinil Krishnan

Weekly Self Storage Transaction Roundup: 10/15/26 – 10/19/26

The transactions below reflect self-storage sales identified through public sources and records over the past week. Because public reporting doesn’t capture every transaction in the market, this list reflects a snapshot of visible activity rather than the full scope of deal flow. StorTrack’s market metrics appear under each listing to provide context on the conditions surrounding each acquisition and how the property is positioned within its market. Image Not Available National Mini Storage – Wichita Falls 5300 Burkburnett Road, Wichita Falls, TX 76306 National Mini Storage in Wichita Falls, TX…

AI in Self-Storage Should Help You Decide, Not Give You More Data

Self-storage operators are not suffering from a lack of data. Occupancy. Delinquencies. Rental rates. Leads. Payments. Move-ins. Move-outs. Length of stay. Unit availability. Most self-storage management software such as Storage Commander already captures a tremendous amount of information. The bigger challenge is turning that information into answers an operator can actually use. That is where AI has the potential to make a meaningful difference. From Finding Information to Using It Think about how operators traditionally interact with facility data. First, you need to know where the information lives. Then you…

SmartStop Combines Flagship and Third-Party Brands Across 19 Colorado Sites

SmartStop Self Storage operates 19 facilities across Colorado, comprising 12 flagship locations and seven third-party managed properties operating under regional brands including 303 Self Storage, Metro Denver Self Storage, DTC Self Storage, and New Frontier Self Storage. The sites span Denver, Aurora, Centennial, Lakewood, Littleton, Federal Heights, Bennett, and Colorado Springs. The Colorado presence is part of SmartStop’s portfolio of more than 460 locations across the U.S. and Canada. Read the Full Article Source: SmartStop Self Storage

Featured Broker: Logan Foster

Logan Foster is an Associate on the Investment Sales Team at Versal, based in the Austin, Texas office. Specializing exclusively in self-storage, she has successfully facilitated the acquisition and disposition of assets for a range of clients, from private investors to publicly traded REITs, across most regions of the United States. Logan joined Versal as a licensed real estate professional in 2022 and has since developed substantial expertise in acquisitions and dispositions, self-storage evaluation and consulting services, and financial analysis. She values the relationships she has built within the industry…

Bridgewater Zoning Board Approves Self-Storage Facility Along Route 28 in Bridgewater, New Jersey

Bridgewater, New Jersey’s Zoning Board of Adjustment has approved a self-storage facility on a 5.4-acre site at Routes 22 and 28, with a 5-2 vote concluding a review that spanned seven hearings between March 2025 and October 2026. Multiple use and bulk variances were required, as self-storage is not permitted in the C3 zone. Conditions include access hours of 6 a.m. to 10 p.m., no outdoor storage, no tractor-trailers, and lighting restrictions. The existing Melick’s Farm Stand will be preserved on the property. Read the Full Article Source: Patch

JLL Closes $20.3M Bridge Financing for Adaptive Reuse Storage in Philadelphia

JLL Capital Markets has arranged $20.3 million in bridge financing for Pier 40 CubeSmart, a 118,280-square-foot self-storage facility at 841 South Christopher Columbus Blvd. in Philadelphia. Grant Street Funding provided the three-year loan with two one-year extension options on behalf of borrower PrimeSpace Capital. The facility, converted from a 1914 port warehouse, contains 1,486 climate-controlled units managed by CubeSmart. The financing supports ongoing lease-up following Phase 2’s February 2025 opening, with more than 75,000 square feet leased since then. Read the Full Article Source: JLL

Compass Self Storage Opens New Facility in Liberty, New York

Compass Self Storage has opened a facility at 1695 Route 52 in Liberty, New York. The fenced property includes climate-controlled units, drive-up access, online rentals, and 24-hour digital surveillance, with access available daily from 6 a.m. to 10 p.m. The Sullivan County Chamber of Commerce marked the opening with a ribbon-cutting on October 19. The location brings a nationally affiliated storage brand to Sullivan County in the Catskill region of upstate New York. Read the Full Article Source: River Reporter com

CubeSmart-Managed Storage Facility Opens on Route 138 in Canton, Massachusetts

Connolly Brothers Inc. has completed a four-story, 127,120-square-foot self-storage facility at 362 Turnpike Street in Canton, Massachusetts, with CubeSmart managing the property. The development replaces a former restaurant building on a 2.73-acre site and includes 986 climate-controlled units, 10 exterior units, and 37 outdoor boat and RV spaces across 97,300 net rentable square feet. Metro Credit Union provided financing; BWD Architects served as architect of record. Read the Full Article Source: nerej

Smithfield Storage Project Adds Outdoor Vehicle Parking in Plan Revision in Virginia

Smithfield, Virginia’s Planning Commission has unanimously recommended approval of a mid-construction plan revision for a Battery Park Road self-storage project, replacing two planned non-climate-controlled buildings with 41 outdoor parking spaces for RVs, boats, and trailers. Developer Breeden Construction cited a market study pointing to weaker demand for non-climate-controlled units and stronger demand for vehicle storage. The revision requires a special use permit and Town Council approval before it can proceed. Read the Full Article Source: The Smithfield Times

Third Lake Development to Convert St. Pete Office Building Into Self-Storage in St. Petersburg, Florida

Third Lake Development has acquired an 87,705-square-foot office building at the Sky Town development in St. Petersburg, Florida for $6.16 million, with plans to convert it into Centro Storage, an 858-unit climate-controlled facility. The building is part of Altis Cardinal’s $800 million redevelopment of a former office campus at 3201 34th Street South, which will include 2,084 apartments and 69,000 square feet of retail. Completion is targeted for 2028. The project reflects the growing practice of incorporating self-storage as a planned component within large mixed-use developments. Read the Full Article…