Author: Shinil Krishnan

Former Jcpenney in Brentwood’s Gateway Town Center Adding More Self-Storage in Jacksonville, Florida

With the first floor of the closed JCPenney in Gateway Town Center in Brentwood converted into Extra Space Storage, the property owners want to do the same with the second story. The city is reviewing a permit application for developer Global Jacksonville LLC to build out the 61,283-square-foot second floor at 5200 Norwood Ave. at an estimated project cost of almost $1.72 million. BG Southern Division LLC of Windermere is shown as the contractor. Jarmel Kizel Architects and Engineers Inc. of Livingston, New Jersey, is the architect. Legacy Engineering of…

White Label Storage Launches AI Call Agent to Simplify Tenant Payments

White Label Storage, a leading self-storage management company, today announced the launch of its AI-powered call center agent, enabling tenants to complete storage payments over the phone through a secure, compliant conversational system. The AI payment agent is currently rolling out across the White Label Storage managed portfolio, with full availability expected across all facilities by the beginning of Q2 2026. Payment-related inquiries represent a significant share of self-storage call volume, particularly at the start of each month. White Label Storage developed this AI payment agent to improve the customer…

Recent Self-Storage Transactions: 03.11.2026 – 03.17.2026

Last week’s self-storage activity signaled continued investor appetite for both high-density urban infill and strategic development, with transactions totaling more than 5,000 units across North America. Highlights included a nearly 200,000-square-foot climate-controlled portfolio in Philadelphia, set to be managed by Extra Space Storage, and a 70,210-square-foot facility in Odessa, Texas, acquired by a joint venture between AVAD Capital and Etude Capital. Development momentum also extended beyond the U.S., with a notable Canadian project in Edmonton, Alberta, where SmartStop Self Storage REIT partnered with SmartCentres on a planned four-story Class A…

StorageMart Provides Bridge Loan Refinancing for Managed Manhattan Mini Storage Facility in Tribeca, New York

StorageMart announced the successful refinancing of the Manhattan Mini Storage facility located at 78 Walker Street Self Storage Facility through the company’s Bridge Lending Program. The property, already managed by StorageMart and Manhattan Mini Storage through its third-party management platform, secured a $23,300,000 bridge loan at a three-year fixed rate. The property in Tribeca operates under the Manhattan Mini Storage brand and has been managed under the company’s expanding third-party management program since February 2025. By leveraging its integrated management and lending platform, StorageMart was able to provide a streamlined…

H&M Development Obtains Site Plan Approval for Class-A Self-Storage Facility in the City of Weston, Florida

The City Commission of the City of Weston has granted an affiliate of H&M Development unanimous Site Plan approval for the development of a State of the Art, Class-A, Climate-Controlled Self-Storage facility with 116,062 SF. H&M is expected to break ground in Q3 of 2026. The property currently has an unused maintenance building that previously served the Bonaventure Golf Club. “This use is a great fit for the location of the site, as it fronts I-75 and has no neighboring residential communities. We are looking forward to breaking ground,” said…

Public Storage to Acquire National Storage Affiliates, Creating Significant Value for All Stakeholders

Public Storage (NYSE: PSA, the “Company”), a leading owner and operator of self storage facilities, and National Storage Affiliates (NYSE: NSA) today announced an agreement under which Public Storage will acquire National Storage Affiliates in an all-stock transaction valued at an enterprise value of approximately $10.5 billion. NSA’s portfolio includes more than 1,000 properties, 69 million rentable square feet, and 550,000 units across 37 states and Puerto Rico. The combined company is expected to have a pro forma equity market capitalization of approximately $57 billion and total enterprise value of…

ENERGY | FEDS | AI | STORAGE

Every week brings new economic headlines. Energy policy. Interest rates. Artificial intelligence. Global politics. For self-storage owners and investors, the challenge is not access to information. It’s understanding what actually matters to asset performance and long-term value. Here is what we are watching. ENERGY China has made its goal of energy independence clear. While that may seem distant from self-storage, energy policy influences construction costs, operating expenses, supply chain pricing, and capital markets. Over time, shifts in global energy alignment impact development feasibility and replacement cost assumptions across commercial real…

Featured Broker: Taylor Cahn

As a Co-Founder of Storage Exchange, Taylor has played an integral role in the development of the company’s sales platform and serves as the Vice President of Investment Sales. He leads a team of investment professionals who provide investment visibility and focus on achieving the maximum sales price for their clients. Taylor has a decade of experience in the self-storage industry and prides himself on offering relationship-based client services relevant to acquisitions/dispositions, operations, market conditions, and economic trends. Throughout his career, he has transacted on over $175 million of self-storage.…

The Self-Storage Building, Technology, and Renovation Experts at Janus International Announce All-New Door Replacement Mobile Application

Janus Releases “Rapid Replace™,” a Mobile App Designed to Simplify Door Replacements Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading global manufacturer and provider of turnkey self-storage, commercial, and industrial building solutions, today announced the release of Janus Rapid Replace, a mobile app designed to streamline self-storage door replacement quotes and orders. The Janus Rapid Replace app was built for self-storage owner-operators and facility managers who need a fast, reliable way to request quotes and submit orders to replace damaged or unsafe unit doors at their…

Why Submitting Offers Matters in Self Storage Deals

In the competitive self-storage market, one simple truth separates successful buyers from the rest. You cannot win a deal if you do not submit an offer. Being in the mix creates opportunity. Even if your initial offer is not selected, engaging early keeps you part of the conversation and positions you to benefit as the process evolves. Responsive buyers gain a clear advantage. Quick, thoughtful engagement signals seriousness to brokers and sellers. It builds credibility and helps ensure you are top of mind not only for the deal in front…