Author: Shinil Krishnan

Weekly Self Storage Transaction Roundup: 6/11/26 – 6/17/26

Recent transaction activity demonstrated that buyers continue to target self-storage assets with appealing local demand fundamentals. Of the six deals, three were portfolio sales, including two properties in the Denver metro totaling 155,000 NRSF and 1,800 units, and two assets in South Carolina’s coastal markets. The remaining three were single-asset transactions in State College (PA), Rochester (MN), and The Colony (TX). Market data points to a range of fundamentals behind the activity. In the three single-asset deals, solid demand is supported by the presence of institutions or employment centers that…

Shenango Township Approves New Self-Storage Facility on Ellwood Road in New Castle, Pennsylvania

Shenango Township supervisors in Pennsylvania have approved a conditional use request from Alpha DHZ Properties LLC to build a self-storage facility at 2515 Ellwood Road. The 16-unit structure will be constructed at the rear of an existing AT&T parking lot owned by the same developer, screened by fencing and vegetation. The small-scale project illustrates a broader pattern of self-storage development on underutilized commercial parcels, a dynamic worth noting for those tracking new supply in smaller markets. Read the Full Article Source: New Castle News

Self-Storage Asset Recapitalized at $15.2M by VOC Partners in Lehigh Valley, Pennsylvania

VOC Partners completed a $15.2M recapitalization of its Lehigh Street self-storage property in Whitehall, Pennsylvania, returning 42% of original invested capital to existing partners while retaining ownership of the asset. The transaction refinanced existing debt and brought in new equity, creating a liquidity event short of an outright sale. The 81,500-square-foot climate-controlled facility comprises 713 units and has reached 58% occupancy since opening in mid-2024. The deal offers a notable example of how self-storage investors can structure returns without divesting stabilizing assets. Read the Full Article Source: PR Newswire (by…

Self-Storage Facility Approved for Three-Story Climate-Controlled Addition in Menifee, California

The Menifee Planning Commission approved an expansion of the Prime Self-Storage facility at Normandy and Berea roads on June 10. The project calls for a three-story, 69,266-square-foot climate-controlled building that will replace part of the site’s existing RV storage area, bringing total facility space to more than 186,000 square feet. Units will range from 50 to 600 square feet with elevator access throughout. The approval points to sustained storage demand in a growing Southern California market and continued industry movement toward larger, climate-controlled assets. Read the Full Article Source: Menifee…

The Gap Between What Self Storage Sellers Want and What Buyers Will Pay is Finally Starting to Close

Transaction volume in self-storage has been slower than buyers and sellers would both like. Capital is ready to deploy, and assets need to trade. But the gap between what sellers believe their properties are worth and what buyers are prepared to pay has kept a significant portion of the market on hold. That standoff is starting to shift, and not entirely by choice. Tom de Jong, Executive Vice President at Colliers and Founding Principal of the De Jong Self Storage Team, has tracked this across dozens of active deals over…

How Far Are Customers Willing to Travel for Self-Storage?

When evaluating a self-storage investment, one of the most important questions to ask is: How far are customers willing to travel to access their storage unit? Understanding tenant travel patterns can help owners, operators, and investors make better decisions about site selection, marketing strategies, facility amenities, and pricing. While convenience remains a major factor for most renters, customer behavior shows that many are willing to travel farther when a facility offers the right combination of value, security, and features. Let’s take a closer look at how far tenants are willing…

White Label Storage Welcomes Austin Rockman as AI Lead

White Label Storage is excited to announce the addition of Austin Rockman as the company’s new AI Lead, joining the team in May 2026. As White Label Storage continues investing in automation, operational intelligence, and AI-driven technology initiatives, Austin’s role will help accelerate the company’s ability to explore and implement emerging tools that support both internal operations and the customer experience across its growing portfolio. Austin brings a unique blend of technical expertise, creative problem-solving, and hands-on experience in artificial intelligence and machine learning systems. His background spans AI infrastructure,…

Weekly Self Storage Transaction Roundup: 6/2/26 – 6/10/26

Fourteen self-storage properties traded last week across 11 states through 10 single-asset deals and a couple of 2-property portfolio transactions, reflecting steady investor activity across a diverse mix of primary, secondary, and tertiary markets. Activity ranged from a Class A facility in Downtown Oklahoma City to smaller regional assets in markets such as Afton, WY, and Rockaway Beach, MO, while the week’s largest transaction involved a 122,000 SF acquisition in Decatur, TX. Platform growth remained a defining theme, as multiple buyers used recent acquisitions to expand into new states or…

Bethlehem Planning Commission Approves Storage Facility With Operational Conditions in Bethlehem, Pennsylvania

The Bethlehem Planning Commission approved a land development plan for an 84-unit self-storage facility at 2955 Linden St., with the project submitted by Linden Street Self Storage LLC and presented by Storage First CEO Byron Anstine. The facility will offer a mix of drive-up and climate-controlled units in the city’s commercial shopping zone. Approval was granted with conditions addressing vehicle size, fencing, and hours of access. The case is a representative example of the local regulatory process self-storage projects commonly face in smaller urban markets. Read the Full Article Source:…

Self-Storage to Proceed on a Site as Housing Plan Stalls in Cypress Park, Los Angeles

A mixed-use development at 3200 N. Figueroa Street in Los Angeles’ Cypress Park neighborhood has been scaled back, with the 160-unit residential component placed on indefinite hold. Developer Gaw Capital USA pointed to the spread between new construction costs and current multifamily valuations as the deciding factor. The self-storage portion of the project is proceeding and is expected to wrap up by the end of next year. The case underscores a broader dynamic in which self-storage development continues while residential projects face mounting financial barriers. Read the Full Article Source:…