Author: Shinil Krishnan

Dallas Secure Storage and Warehouse Opens Under New Name in Lancaster, Texas

La Soto Business Park & Self Storage in Lancaster, Texas, has rebranded as Dallas Secure Storage and Warehouse. The facility at 1920 I-35E continues to offer drive-up units alongside climate-controlled storage, warehouse space for business tenants, and vehicle, boat, and RV storage. The new name reflects a repositioning toward security and commercial use as primary identifiers. Featured amenities include on-site security staff, 24-hour surveillance, and gated access. The rebrand is an example of independent operators redefining their market positioning to attract a broader mix of residential and commercial tenants. Read…

SibCo Ltd. Plans $1.5 Million Expansion at Beavercreek, Ohio Storage Facility

SibCo Ltd. in Beavercreek, Ohio has expanded from one building in 2004 to a 20-building, 210,000-square-foot storage operation at 620 Phillips Drive, with a $1.5 million expansion currently planned to add two 12,000-square-foot small bay buildings. The facility includes self-storage, deluxe units, and open parking garages. Revenue grew 150% between 2018 and 2026. The operation is managed through a fee arrangement with an affiliated company and carries no direct employees, reflecting a lean operating model common among independent storage owners. Read the Full Article Source: Dayton Business Journal

Spartan Investment Group Opens FreeUp Storage Facility in Bellingham, Washington

Spartan Investment Group has opened a FreeUp Storage facility in North Bellingham, Washington, its tenth property in the Pacific Northwest. The 3.8-acre development includes eight single-story buildings with 541 units and 76,600 square feet of rentable space, offering heated and standard storage options. Spartan Construction built the property. Bellingham is projected to add approximately 16,500 residential units by 2036, providing the demand context for the new supply in the market. Read the Full Article Source: EIN Presswire

West Coast Self-Storage Enters Southern Oregon With Three-Facility Management Deal

West Coast Self-Storage has assumed management of three Southern Oregon facilities owned by Mark and Maddy DiRienzo: Mistletoe Road Self Storage in Ashland, Pear Tree Lane Self Storage in Phoenix, and South Medford Self Storage in Medford. The properties total approximately 185,500 square feet and roughly 1,060 units, with unit types spanning drive-up, climate-controlled, heated, and vehicle storage. The arrangement brings a Rogue Valley independent portfolio under regional third-party management for the first time. Read the Full Article Source: PRLOG – Press Release Distribution

Basis Industrial Secures $24M Loan for Self-Storage Project in Wayne, New Jersey

Basis Industrial has closed a $24 million construction loan from NexBank and NexPoint for a self-storage development at 555 Hamburg Turnpike in Wayne, New Jersey. The facility will contain 586 climate-controlled units across 85,330 net rentable square feet and will be managed by Extra Space Storage upon completion. Construction is underway with an early 2028 delivery target. The project is part of Basis Industrial’s ongoing Northeast expansion and continues the company’s pattern of pairing new development with established third-party operators. Read the Full Article Source: RE Business Online

How to Prepare a Self-Storage Facility for Sale

Selling a self-storage facility involves more than placing the property on the market and waiting for offers. The work an owner completes before listing can influence buyer confidence, due diligence, negotiations, and ultimately the property’s marketability. A well-prepared facility allows buyers to quickly understand the opportunity and reduces uncertainty during the transaction. Here are six areas owners should address before bringing a self-storage property to market. 1. Address Deferred Maintenance Start by walking the property from a buyer’s perspective. Look for damaged doors, roof issues, broken gates, potholes, malfunctioning lights,…

Weekly Self Storage Transaction Roundup: 9/08/26 – 9/12/26

Previous week’s transactions reflect three investment angles: regional portfolio scale, value-add potential, and a newer Class A product. Six properties traded as a portfolio around Tupelo, Mississippi, spanning markedly different local conditions. The heavily supplied Tupelo market has 21.09 SF/capita and average advertised walk-in rates of $1.31/SF. In contrast, the smaller markets of Baldwyn, Mooreville, and Guntown have far less supply, lower rates, and little gap between online and walk-in pricing. The portfolio brings these contrasting trade areas together in a single transaction. Amarillo presents a direct value-add opportunity: the…

U.S. Property Development Opens New Self-Storage Facility in Hamburg, New York

U.S. Property Development has opened a self-storage facility at 5661 Camp Road in Hamburg, New York, managed by CubeSmart. The 12-acre development includes approximately 77,000 square feet and 544 units spanning climate-controlled and drive-up configurations. The site was previously undeveloped. The project is one of several examples of private developers partnering with national third-party operators to bring new self-storage supply to suburban markets outside major metros. Read the Full Article Source: PR Newswire – by CISION

Morningstar Properties Refinances Self-Storage Fund With $157M Facility

First Citizens Bank has provided $157 million in financing to Morningstar Properties to refinance Blue Doors Storage Fund IV, a private-equity vehicle operated by Morningstar affiliate Blue Doors Capital Management. The fund focuses on self-storage acquisitions and development in major metro and secondary markets across the U.S. Charlotte-based Morningstar Properties has developed and operated more than 250 self-storage projects totaling over 15 million square feet since its founding in 1981. The deal reflects ongoing institutional lending activity in the private self-storage sector. Read the Full Article Source: PR Newswire –…

Storelocal Storage Breaks Ground on New Facility in Sanger, California

Storelocal Storage has broken ground on a self-storage facility in Sanger, California, with construction expected to wrap up in April 2027. The development will span more than 92,000 square feet and include climate-controlled units, NOKE keyless access, and covered and uncovered parking. The project is locally owned and operated under the Storelocal brand, continuing the network’s pattern of adding independently owned facilities in smaller California markets. Read the Full Article Source: Fox26News