Author: Shinil Krishnan

Indoor and RV Storage Project Proposed in Moses Lake Area, Washington

Our Rock, LLC has submitted plans for a new self-storage development in the Moses Lake, Washington, area. The proposed project includes 63,200 square feet of enclosed mini-storage space and 100 outdoor RV storage spaces on a 6.8-acre site, with construction planned in two phases. The facility would operate as a remote, self-service property with gated access and security monitoring. The proposal reflects ongoing demand for RV and self-storage capacity in growing regional markets, where operators continue to pursue phased development strategies and streamlined operating models. Read the Full Article Source:…

Go Mini’s Franchisee Expands Portable Storage Network in Charlotte, North Carolina

Go Mini’s has opened a new portable storage location in Charlotte, expanding its footprint in the Southeast through franchise operator Mark Nyman, who manages multiple locations across several U.S. markets. The expansion reflects continued growth in the portable storage segment, driven by demand for flexible storage options tied to residential moves, renovations, and commercial use. The opening also underscores increasing competition between portable storage providers and traditional self-storage operators in fast-growing metropolitan areas. Read the Full Article Source: BriefGlance.com

Bineth Group Expands Self-Storage Portfolio in Elizabeth and Pennsauken, New Jersey and Buffalo, New York

Bineth Group and Upper Space Group expanded their self-storage holdings with new facilities in Elizabeth and Pennsauken, New Jersey, and the acquisition of a property in Buffalo, New York. The projects add climate-controlled storage capacity in high-density Northeast markets serving residential and commercial users. Extra Space Storage will manage the two New Jersey facilities, including an 89,000-square-foot property in Elizabeth and an 869-unit site in Pennsauken. The expansion highlights continued investment in self-storage assets near major transportation, logistics, and population centers across the Northeast. Read the Full Article Source: Real…

StorTrack Market of the Month: Chicago, IL

Chicago is a market where the underlying fundamentals tell a subtler story than pricing trends alone would suggest. The market is relatively mature with 12.4 million rentable square feet across 171 facilities and only one project currently under development. Yet despite this scale, Chicago remains structurally undersupplied at just 4.6 square feet per capita, equivalent to only 58% of the national average. To better understand its potential as a self-storage investment, we used StorTrack’s Explorer platform to dig into key market metrics. Market Snapshot for Chicago, IL What makes the current environment…

Extra Space Storage Expands Management Presence in New Caney and Porter, Texas

Extra Space Storage has assumed management of three self-storage facilities in New Caney and Porter, Texas, previously operating under the BestBox Storage brand. The properties, which opened between late 2023 and mid-2024, include features such as video surveillance, coded gate access, and protection plans. The management transition reflects ongoing consolidation trends in the self-storage sector, with larger operators continuing to expand through third-party management and branding agreements in fast-growing suburban markets. Read the Full Article Source: Community Impact

White Label Storage Surpasses 300 Facilities Under Management, Cementing Its Place Among the Nation’s Top Operators

White Label Storage, a leading third-party self-storage management company, has surpassed 300 facilities under management. This milestone reflects the company’s rapid growth, unwavering commitment to owner success, and standing as one of the most trusted names in the self-storage industry. The milestone comes on the heels of the company being recognized as a top-ten facility management company by Inside Self-Storage (ISS) in 2025 and reflects a trajectory of consistent, disciplined growth built on the company’s founding principle: that independent storage owners deserve institutional-quality management without sacrificing control of their business.…

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