SmartStop Announces $140 Million in U.S. and Canada Strategic Investments

SmartStop Self Storage REIT (NYSE: SMA) has announced approximately $140 million in strategic investments spanning the U.S. and Canada. The largest component is a USD $54 million investment in a Canadian joint venture encompassing 14 properties and 9,600 units, which positions SmartStop as Canada’s third-largest self-storage operator. Separate U.S. acquisitions in Las Vegas and Asheville account for approximately $37 million. The company also disclosed a preferred equity investment partnership and a noncore disposition program targeting $75 to $125 million in property sales starting in early 2027. Full-year 2026 FFO guidance…

Norfolk Mover Southside Moving Grows Into Virginia Beach and Chesapeake

Southside Moving and Storage, a Norfolk, Virginia-based moving company, has expanded its service area to cover Virginia Beach, Chesapeake, and the broader Hampton Roads region. The company provides residential and commercial moving, packing, local and long-distance relocation, military moves, and senior moving assistance. Hampton Roads is a high-turnover relocation market due to its significant military population, making moving and storage demand in the area closely linked. Read the Full Article Source: Yahoo!Finance

Load and Lock Climate Controlled Storage Opens in Greenville, Ohio

Load and Lock Climate Controlled Storage has opened at 395 Martin Street in Greenville, Ohio. The facility offers indoor, heated units ranging from 5×10 to 10×17 feet, with two truck docks, cart access, keypad entry, and daily access from 7 a.m. to 9 p.m. Owners Bill Coomer and John Baumgardner say it is the only indoor climate-controlled storage facility in Greenville with a fire sprinkler system. The opening introduces a weather-protected storage option to a smaller Ohio market with limited prior availability of this facility type. Read the Full Article…

Talonvest Arranges $87M in Bridge Loans for 1784 Holdings Maryland and New Jersey Sites

Talonvest Capital has arranged two bridge loans totaling $87 million for 1784 Holdings, covering ground-up self-storage developments in Bethesda, Maryland and Monmouth Junction, New Jersey. The $63 million loan, structured as a pre-Certificate of Occupancy bridge, supports a 1,560-unit climate-controlled facility near Washington, D.C. The $24 million loan covers a 964-unit New Jersey facility that also includes RV and boat parking. Both carry interest-only payment structures. The deals bring Talonvest’s reported self-storage financing activity to more than $461 million over the past 90 days. Read the Full Article Source: Multi-Housing…

American Storage Launches Container Rental Service in Santa Rosa, California

American Storage has introduced a portable container rental service in Santa Rosa, California, offering 10-, 20-, and 40-foot steel units delivered to residential and commercial sites. The service targets contractors, small businesses, retailers, and homeowners seeking on-site storage without a long-term facility commitment. The company describes the Santa Rosa launch as an initial market entry ahead of potential regional expansion. The rollout is part of a broader trend of portable storage gaining ground alongside traditional self-storage in Northern California markets. Read the Full Article Source: The Daily Tribune News

Self-Storage Complex Approved in North Lebanon Township, Pennsylvania

North Lebanon Township’s Board of Supervisors has unanimously approved a six-building self-storage development on Suzy Street in Pennsylvania. The roughly six-acre industrial site will include four drive-up storage buildings, one smaller building, and one climate-controlled structure. Five waivers were granted covering sidewalks, curbing, outlet pipe size, a flow splitter requirement, and plan submission. The site has a single access point and 15 parking spaces. The approval is consistent with a broader pattern of storage projects advancing on industrial-zoned land in smaller municipalities. Read the Full Article Source: Lebtown

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

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