Author: Shinil Krishnan

Recent Self-Storage Transactions: 05.13.2026 – 05.19.2026

Recent self-storage transactions reflected continued investor involvement in markets supported by population growth, tourism and university-driven demand, particularly where assets offered operational upside or future expansion potential. In Tempe, Arizona, the acquisition of Tempe Choice Self Storage highlights continued appetite for value-add opportunities despite the Phoenix Metro’s elevated 9.6 square feet per capita of supply. The 1983-built property was only 78% occupied at closing, though its proximity to Arizona State University and the broader Phoenix urban core likely added to its investment appeal. Tourism-oriented markets also remained active. In Janesville,…

Two Self-Storage Developments Advance in Joliet, Illinois

The Joliet City Council approved two self-storage developments in a narrow 5-4 vote, including a Menards-backed conversion of a former restaurant-and-entertainment property and a separate proposal for a site on Drauden Road that had previously been rejected. Supporters cited limited demand for alternative commercial uses, while opponents questioned the need for additional storage facilities in the market. The decisions highlight the continued reuse of underperforming retail and commercial properties for self-storage projects in suburban markets. Read the Full Article Source: Shaw Media

The Storage Center Opens New Self-Storage Facility in Sulphur, Louisiana

The Storage Center has opened a new self-storage facility in Sulphur, Louisiana, adding 679 climate-controlled units across roughly 80,200 square feet. The four-story property is located near Interstate 10 within a corridor tied to ongoing industrial, commercial, and residential growth in the Lake Charles area. The development reflects the continued expansion of climate-controlled and multi-story storage projects in Gulf Coast markets, where operators are adding capacity to meet population growth, business activity, and demand from the construction and industrial sectors. Read the Full Article Source: PR Newswire (By CISION)

William Warren Group Completes Portfolio Refinance Across Five US States

Talonvest Capital arranged a $40.2 million refinance for a five-property self-storage portfolio owned by William Warren Group. The financing covers 4,061 units across New York, Connecticut, Arizona, Colorado, and Florida and includes a five-year, non-recourse loan structure with full-term interest-only payments. The transaction reflects continued lending activity in the self-storage sector, particularly for stabilized portfolios operated across multiple markets. It also underscores the ongoing focus among owners and investors on refinancing existing assets as capital markets and borrowing conditions continue to evolve. Read the Full Article Source: Connect CRE

Joliet Officials Consider New Climate-Controlled Storage Project in Joliet, Illinois

A self-storage proposal in Joliet, Illinois, is returning to the City Council for review after earlier attempts in 2021 and 2023 failed to gain approval. The plan calls for approximately 370 storage units, including a climate-controlled indoor building and several outdoor-access structures, on a site near Theodore Street and Drauden Road. Previous public opposition centered on concerns about traffic, noise, and site security. The proposal highlights continued self-storage development activity in suburban markets, particularly on commercially zoned infill sites where developers see limited demand for traditional retail uses. Read the…

Thistle Lane Storage Now Managed by Absolute Storage in Auburn, Alabama

Thistle Lane Storage in Auburn, Alabama, has transitioned to third-party management under Absolute Storage Management. The facility includes 299 storage units totaling approximately 36,700 rentable square feet, with a combination of climate-controlled and drive-up storage options. Located near Auburn University and Auburn Technology Park, the property serves residential, student, and commercial storage demand. The transition reflects the continued growth of third-party management within the self-storage sector as owners increasingly rely on specialized operators for facility oversight, marketing, and customer service functions. Read the Full Article Source: Absolute Storage Management

Self-Storage Facility Proposed Along Route 206 in Hillsborough, New Jersey

A proposed self-storage facility in Hillsborough, New Jersey, is under review by the Township Zoning Board of Adjustment. The project would redevelop a 2.97-acre Route 206 site with a three-story, 103,560-square-foot storage facility containing 710 units, including climate-controlled and drive-up space. Planning discussions have focused on traffic patterns, buffering near residential properties, landscaping, and site access. The proposal reflects continued self-storage development activity in suburban highway corridors, where operators are pursuing larger, higher-density projects in response to evolving storage demand and limited available land. Read the Full Article Source: Patch

AAA Self Storage Expands With New Project in High Point, North Carolina

A new AAA Self Storage facility is under construction in High Point, North Carolina. The three-story, internal-access project will add approximately 95,000 square feet of storage space and include access points from both Westchester Drive and Scott Avenue. The development reflects continued expansion activity among regional self-storage operators, particularly in growing suburban markets where demand for larger, multi-story storage facilities remains active. Read the Full Article Source: High Point Enterprise

Steel Lock Storage Opens New Facility in Falls Creek, Pennsylvania

A new self-storage facility has opened in Falls Creek, Pennsylvania, featuring fully automated storage units constructed from shipping containers. Located near Route 219 and Interstate 80, the property includes online rentals, automated gate access, and drive-up accessibility. The project reflects continued adoption of container-based storage formats in smaller and secondary markets, where operators are utilizing alternative construction methods and automated systems to expand storage inventory and manage operating costs. Read the Full Article Source: Priority Media (Connect FM 96.7)

Featured Broker: Hunter Molnar

Storage Exchange Co-Founder and Managing Director, Hunter Molar, has played a central role in executing over $500 million in diversified real estate transactions, with a core focus on self-storage investment sales. As Managing Director, he leads a team of Investment Associates committed to delivering value through process, transparency, and disciplined execution. The firm specializes in transactions that demand premier-quality underwriting, operational expertise, and custom deal structuring, which brings a level of institutionalized transaction management historically absent from the alternative asset real estate sector. While self-storage remains a foundational vertical and…