Author: Shinil Krishnan

Planning Commission Approves New Self-Storage Site on Industrial Way in Buellton, California

When Daniel Contreras rounded out Buellton’s five-member Planning Commission, one of his first goals was to help the city make better use of existing properties that become idle for one reason or another. “[We] have a lot of facilities and parcels that are just gathering dust at the moment, and we’re not revitalizing those areas,” he told the Sun in October. “I think it’s very important that we get to revitalize those areas before we go on to [develop] our open spaces.” Two months later, Contreras was part of the…

Plans for New RV Storage in St. Johns County, Florida

St. Johns County is adapting to its rapid growth with the introduction of new RV storage facilities and an upscale apartment complex. As the population has surged by over 74% since 2010, local businesses and developers are stepping up to provide innovative solutions to meet the needs of residents. New storage options and the luxury apartment community known as ‘Terrassa’ are aimed at enhancing infrastructure and accommodating the growing population. St. Johns County Expands with New RV Storage and Apartment Complex A look at how St. Johns County is adapting…

Recent Self-Storage Transactions: 12.15.2025 – 12.29.2025

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: Dry Dock & Lock Location: Waxahachie, Texas Address: 4009 Ovilla Road, Waxahachie, Texas Year Built: 2023 Buyer: 10 Federal Storage Brokers and Brokerage: Danny Cunningham,…

BlackRock Provides $102M Refi for Self Storage Portfolio Across Six Different US States

BlackRock Managed Funds and Accounts has provided Basis Industrial with a $101.5 million refinancing loan for a seven-property self storage portfolio. The assets are located across six different states, namely Massachusetts, New York, New Jersey, Pennsylvania, Michigan and Florida. Arrow Real Estate Advisors arranged the deal on behalf of the ownership. The seven facilities are the first properties within Basis Industrial’s portfolio to be developed and opened since the company began its self storage development program in 2021. Arrow Real Estate Advisors Managing Partner Morris Betesh and Senior Vice President…

White Label Storage Expands National Footprint With Addition of 14 New Facilities in November

White Label Storage, one of the industry’s fastest-growing third-party self-storage management companies, announced the addition of 14 new facilities to its management portfolio in November, strengthening its position as a leading operational partner for owners across the U.S. As the self-storage industry continues to evolve, more owners are seeking dependable guidance, operational efficiency, and transparent performance insight. White Label Storage’s continued growth reflects a rising demand for trusted, tech-enabled management solutions. November Portfolio Growth The new facilities represent significant expansion across multiple regions and property types, showcasing the broad range…

Veritas Group Announces December 31 Close for Storage Units Income Fund II

Veritas Group, an investment platform that delivers institutional-quality real estate investments across the multifamily and self-storage sectors, announced today that its Storage Units Income Fund II would be closing to new investments on or before December 31. “We are thrilled with the success of this fundraise and grateful for the strong support we have received from a diverse group of investors,” said Sean Casterline, CEO for Veritas Group. “Investors continue to gravitate to self-storage as a recession-resilient asset class that generates steady cash flow and high margins.” To date, alongside…

Westport Properties Expands into Utah with Acquisition of Three Self Storage Facilities

Facilities to be professionally managed under the US Storage Centers brand NEWPORT BEACH, Calif., Dec. 17, 2025 /PRNewswire/ — Westport Properties, a premier self storage investment and management company operating facilities nationwide, announced the acquisition of three self storage properties in Utah — marking the company’s first expansion into the state. The newly acquired facilities are located at: 6743 South 1300 East, Cottonwood Heights, Utah 84121 12362 South 700 East, Draper, Utah 84020 1053 East 3300 South, Millcreek, Utah 84106 With this acquisition, Westport Properties brings its institutional management platform and the…

Storage Post Lands $47 Million for Self-Storage Facility in Manhattan, New York

Storage Post has secured a $47 million first mortgage loan for its 1,959-unit self storage facility at 444 E. 10th St., in Manhattan’s East Village neighborhood. Nuveen Real Estate issued the note in a transaction arranged by JLL Capital Markets. Storage Post and Almanac Realty Investors acquired the property in 2022 from a private individual, for $61 million. At the time, the owners landed a $40.3 million acquisition loan held by Heitman, with an initial maturity set for April 2025. Storage Post manages two other locations under the same brand…

JLL Arranges First Mortgage for Self-Storage in “Undersupplied” East Village

JLL Capital Markets arranged a $47-million first mortgage loan for Storage Post East Village, a newly repositioned, Class A, climate-controlled, self-storage facility located at 444 E. 10th St. in the East Village. Senior managing director Steven Klein and senior director Robert Tonnessen represented the borrower, a wholly owned subsidiary of self-storage owner operator and developer Storage Post, LLC. The loan was provided by Nuveen Real Estate. Situated in one of Manhattan’s most supply-constrained residential submarkets, Storage Post East Village was acquired by Storage Post and its equity partner Almanac Realty…

Mini Mall Storage Properties Announces Acquisition of 23-Property Portfolio, Capping a Year of Exciting Growth

Calgary, AB, Dec. 16, 2025 (GLOBE NEWSWIRE) — Mini Mall Storage Properties (“MMSP” or “Mini Mall”) is pleased to announce the acquisition of a 23-property self-storage portfolio that marks Mini Mall’s entry into the strategically important markets of Kentucky and Florida, and includes assets in Texas, Alabama, Georgia, South Carolina, North Carolina, and Tennessee. The newly acquired properties are comprised of exceptionally well-maintained Class A and B+ facilities that will add strategic scale and scope across the Sun Belt region. MMSP will integrate each asset with its unique operational framework…