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…
Category: Featured Home Slider
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…
Storage Post Brings Long Island Portfolio to 15 Properties by Adding Self-Storage Facility in Bohemia, New York
Storage Post Self Storage, a leading owner and operator of self-storage facilities, today announced it has added Suffolk Self Storage, located in Bohemia, New York, to its growing operating portfolio. The property, located on the South Shore of Long Island at 1295 Lakeland Avenue, expands the company’s presence across Long Island and the broader New York metropolitan area. The Bohemia property will be fully integrated into the Storage Post operating platform, introducing Storage Post’s technology-driven management platform, including advanced online reservations, revenue optimization systems, and proprietary video-enabled customer service connecting…
Zionsville Town Council Approves Rezoning for Self-Storage Facility on Oak Street in Zionsville, Indiana
Plans for a potential expansion of Zionsville Self Storage and a new automotive service business are moving forward. The Zionsville Town Council unanimously approved a rezoning for a vacant lot at 1580 W. Oak St. at its March 2 meeting. Sam Scheidler, owner of Zionsville Self Storage, intends to expand his business, which is adjacent to the newly rezoned property. There are also plans for an auto service center on the other side of the 2.6-acre lot. The rezoning request received a favorable recommendation from the Zionsville Plan Commission last…
Self Storage Opens with Professional Management in Choctaw, Oklahoma
Local owners of Owens Cubbies Self Storage & RV proudly announce the acquisition of the self-storage facility at 14237 Southeast 29th Street, Choctaw, OK 73020. This facility, being managed by Absolute Storage Management (Absolute) features 166 units totaling 22,300 rentable square feet. It offers safe and secure climate-controlled and non-climate-controlled unit options to the local communities of Choctaw, Nicoma Park, and Woods. Choctaw Storage Investors, LLC has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of February…
A Tale of Two Markets: Soft Operations, Strong Values
Over the past several years, the self-storage industry has found itself operating in a unique and, at times, contradictory environment. On one hand, operating fundamentals, particularly occupancy and rental rate growth, have softened meaningfully from their pandemic-era highs. On the other hand, investor demand for self-storage remains robust, capital is plentiful, and asset values continue to hold firm with cap rates being lower than historical averages considering the cost of debt today. This divergence between operating performance and investment demand has created one of the most nuanced ownership environments we…
The Hidden Cost of Poor Customer Service in Self-Storage
Most self-storage operators know their occupancy rate by heart. What far fewer operators can quantify is how much poor customer service is costing them. That’s not because it doesn’t matter, but because the impact tends to fly under the radar, until one day it doesn’t. Customer service has quietly become a critical revenue driver in self-storage. When competition is intensifying, consumer sentiment is king, and Google reviews carry more weight than ever, operators who treat service as a secondary priority aren’t just leaving money on the table — they’re actively…
