Author: Shinil Krishnan

No Pain, All Gain with Unit Remixes from Janus International’s R3

Whether you’ve owned a self-storage facility for years or just purchased your first site, it’s important to always keep a pulse on how trends are shifting in your area. Are you near a college? Locker storage could be a great addition to your mix. Close to a retirement home? Bigger units like 10×10 or 10×20 might be a better option for your site. And at Janus International, the R3: Restore, Rebuild, Replace division specializes in facility remixing for owners who need to adapt their unit mix to changing market demands—whether you’re…

Recent Self-Storage Transactions: 11.05.2025 – 11.11.2025

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: KO Storage Location: Cleburne, Texas Buyer: Ideal Storage Brokers and Brokerage: Tyler Trahant and Chad Snyder of Dominus Commercial [Argus Self Storage Advisors Broker Affiliates]…

Featured Brokers: Chad Snyder and Tyler Trahant

The North Texas Argus Self Storage Advisory team of Chad Snyder and Tyler Trahant has over 30 years of experience in brokering self stor­age facilities and development sites. The team has represented local, regional, and national owners in acquiring and selling facilities and has been the leading Argus Self Storage broker in the network for multiple years. Based in the Dallas / Fort Worth Metroplex, the team is recognized as industry leaders in self-storage brokerage and has spoken at many state association meetings and conferences. Since January 2021, the team…

Inland & Devon Completes New Class-A Self-Storage Redevelopment in Camden, New Jersey

Inland Real Estate Investment Corporation (“Inland Investments”), an industry leading real estate investment manager, and Devon Self Storage (“Devon”), one of the largest privately owned national self-storage developers, owners, and managers and a member of The Inland Real Estate Group of Companies, Inc., announced they have completed construction of a 110,000-rentable-square-foot Class-A self-storage facility located in Camden, New Jersey. Located at 1501 Admiral Wilson Boulevard in Camden, directly across the Delaware River from Philadelphia, the property formerly served as a multi-purpose warehousing and distribution facility. After complete demolition of the…

Recent Self-Storage Transactions: 10.29.2025 – 11.04.2025

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: Saratoga Storage Location: Lehi, Utah Year Constructed: 2023 Seller: Joint venture between the Gardner Group and Management Elevated Brokers and Brokerage: Jordan Farrer and Adam…

$5 Million Self-Storage Building Proposed for Yonkers, New York

The entity CS Bright Place Yonkers LLC is proposing to build a six story self-storage building to be operated as a CubeSmart facility at 12 Bright Place in Yonkers. The estimated cost of the project shown in a document filed with the city is $5,075,000. According to Attorney Maximillian R. Mahalek of the White Plains-based law firm Cuddy & Feder, the site for the proposed building is a 0.70-acre lot along the south side of Bright Place and the east side of School Street. Bright Place becomes School Street. The…

Basis Industrial Secures $27 Million for Self-Storage Development in Long Island, New York

Basis Industrial has secured a $27 million construction loan for a 121,500-square-foot self storage development in Long Island’s Rockville Centre, N.Y. NexBank and NexPoint provided the senior and mezzanine loans, respectively. The facility is scheduled to break ground immediately and come online in early spring 2027. Basis Industrial President & Managing Partner Anthony Scavo arranged the deal, while NexPoint Director Taylor Colbert led the financing. Attorney Mike Mendelow represented NexBank in the transaction. The development site traded in the fourth quarter of 2022 for $5.5 million. The present transaction marks…

The Hidden Cost of Underwriting: Why Accurate Books Matter More Than You Think

For most self-storage operators, bookkeeping feels like a chore. Leasing units and managing day-to-day operations always take priority. Then refinancing or a sale comes along, and suddenly, messy financials can quietly erase six figures from your property’s value. Many operators assume valuations hinge solely on Net Operating Income (NOI). Buyers and lenders are also evaluating the credibility of that NOI. When income and expenses aren’t clearly documented, they become a risk. That risk shows up through lower offers, tougher loan terms, or extended closing timelines. Take a simple example. Ten…

Inland, Devon Self Storage Wrap Construction of Self-Storage Facility in Fraser, Michigan

Inland Real Estate Investment Corporation and Devon Self Storage completed construction of an 85,330-square-foot Class-A self-storage facility in Fraser, Michigan. Located at 31475 Utica Road in Fraser, approximately 15 miles northeast of downtown Detroit, the property formerly served as a light industrial facility originally built in 1975. The property now consists of a two-story climate-controlled building, along with various exterior non-climate-controlled buildings, offering a total of approximately 750 storage units, a 24-hour security system and a drive-in area providing access to the main interior storage area. Climate-controlled units are positioned…