Author: Shinil Krishnan

Recent Self-Storage Transactions: 09.17.2025 – 09.23.2025

Recent self-storage transactions show continued investor interest in the sector, with activity spanning a variety of markets and asset types. Deals include stabilized properties, development sites, and portfolio acquisitions, reflecting strategies to expand market presence, increase operational scale, and position for long-term growth. Demand remains steady, supported by consistent occupancy levels and opportunities to enhance revenue through improved management and pricing strategies.     Property: Up North Storage Center Location: Park Rapids, Minnesota Closing Deal: $880,000 Brokers and Brokerage: Matt Haugen, Alex Ihrke, Nathan Gottlieb, and Tom Flannigan of Argus…

Common Pitfalls in DIY Facility Management And How to Fix Them

At first glance, managing a self-storage facility looks easy. Four walls, roll-up doors, and some locks, what could go wrong? Plenty. We’ve brokered countless deals and seen too many promising properties underperform, not because of bad locations but because of avoidable management mistakes. Here are the most common pitfalls in DIY self-storage management and how to fix them before they drain your NOI. 1. Static Pricing The Pitfall: Setting rental rates once and forgetting them. Meanwhile, demand shifts, competitors adjust, and your revenue falls behind. The Fix: Think like airlines.…

Featured Broker: Harrison Cohen

Harrison Cohen is an Associate with Colliers, focusing exclusively on the self-storage sector. He represents both buyers and sellers in the acquisition and disposition of facilities across the United States, working with private owners, regional operators, and institutional groups. Harrison has been directly involved in transactions totaling millions of dollars and is recognized for combining detailed market knowledge with a practical, client-first approach. By building strong relationships and tailoring strategies to each assignment, he helps clients navigate complex deals and achieve successful outcomes. Contact: Harrison Cohen Associate | Colliers Self…

Spartan Investment Group Completes Self-Storage Facility in Oak Harbor, Washington

Spartan Investment Group, along with its in-house development team Spartan Construction Management, has completed FreeUp Storage Oak Harbor, a ground-up self-storage project at 33650 State Route 20 in Oak Harbor. The 78,920-square-foot facility offers 583 units across eight buildings. FreeUp Storage, Spartan’s owned and operated brand of self-storage facilities, will manage the property. Source

Porterville Storage Expands: Provides Self, Boat, RV Storage in Porterville, California

Porterville Storage has opened the doors to its brand-new facility, bringing with it not only expanded storage options but also a customer-first philosophy that it says sets it apart in the industry. Now located at 310 W. Gibbons Ave, the new property offers more space, upgraded amenities. For Gerri Perez, Marie Affoon and their team, storage is more than just a business, it’s about helping people at important moments in their lives. “Most of the time, when people need storage, it’s not because they want it, it’s because they have…

Storelocal Storage of Concord Celebrates Grand Opening of New State-of-the-Art Storage Facility

Storelocal is proud to announce the grand opening of its newest facility, Storelocal Storage Concord, located at 4900 Marsh Drive, Concord, CA, 94520. This brand-new property offers the Concord, CA, community a modern, secure, and convenient solution for all their storage needs. Designed with today’s customers in mind, the new facility showcases a clean, contemporary design and the latest in storage technology. Visitors will find wide drive aisles, bright lighting, and user-friendly access features that make moving in and out simple and stress-free. Modern Features for Every Storage Need Storelocal…

5 Essential Tips for Selling Your Self-Storage Facility

Selling a self-storage facility is a major decision. For many owners, it represents years of hard work and investment, so naturally, the goal is to sell at the right time and for the best possible return. Whether you are preparing for retirement, looking to reposition your portfolio, or simply ready to move on to a new opportunity, approaching the process strategically will make all the difference. Here are five essential tips to help you maximize value and avoid common pitfalls when selling your self-storage property. 1. Understand and Organize Your…

Recent Self-Storage Transactions: 09.10.2025 – 09.16.2025

Recent self-storage transactions show continued investor interest in the sector, with activity spanning a variety of markets and asset types. Deals include stabilized properties, development sites, and portfolio acquisitions, reflecting strategies to expand market presence, increase operational scale, and position for long-term growth. Demand remains steady, supported by consistent occupancy levels and opportunities to enhance revenue through improved management and pricing strategies.     Portfolio: Three-Property Self-Storage Portfolio Location: Texas and New Mexico Brokers and Brokerage: Stacey Gorman, Sam Slocum, Grace Folger and Cameron Bradford of Marcus & Millichap in…

Inland, Devon Complete New Self-Storage Facility in Philadelphia, Pennsylvania

Inland Real Estate Investment Corporation and Devon Self Storage have completed the construction of an 88,000-square-foot self-storage facility in Philadelphia, Pennsylvania. Strategically positioned along I-95, the newly redeveloped property sits adjacent to the Delaware River at 5200 Unruh Avenue. Originally constructed in 1900 and formerly home to the Moulton Ladder Manufacturing Company, the building has been converted into a five-story, climate-controlled self-storage facility. The building now features 932 storage units, a 24-hour security system, and a covered loading area designed for customer convenience. This project marks the 18th collaboration between…

Another Self-Storage Facility Approved For West Main Street in Stamford, Connecticut

A new self-storage facility was approved by the Stamford Zoning Board after additional design upgrades were made to a previous plan that board members found unappealing. Extra Space Storage gained the go-ahead to build a 61,077-square-foot, three-story structure off West Main Street at Commerce Road, with 522 storage units. Three other large storage facilities operated by ESS are already located on the same 4-acre site, which is near the Greenwich border. The self-storage company added some additional design features to the structure since it was first proposed earlier this summer.…