Author: Shinil Krishnan

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:…

Monster Self Storage Opens its First Location on Shelbyville Road in Kentucky

Monster Self Storage has opened its first Kentucky location on Shelbyville Road in Louisville, with operations managed by Adams Property Group under a third-party management arrangement. The facility includes climate-controlled and drive-up units and offers a fully digital rental process. The opening extends the brand’s Southeast footprint into a new state market along a corridor experiencing residential and commercial growth. It also reflects the continued role third-party management platforms play in expanding regional self-storage brands into new geographies. Read the Full Article Source: The Lane Report

Featured Broker: Ashley Compton, MBA

Ashley Compton is a Principal and Vice Chairman at Colliers who specializes in advising clients in the disposition, acquisition, and recapitalization of self-storage facilities throughout the United States and Canada. His single mission for each client is to utilize his knowledge and experience to exceed expectations. He develops a customized marketing plan for each client to ensure maximum sales proceeds while minimizing exposure to risk by reducing the transaction timeline. Integrity, ethics, and experience guide every interaction and define his service approach with clients and colleagues. He has successfully assisted…