The self-storage industry has always celebrated innovation, operational excellence, and the professionals who set the standard for success. This November, those achievements will take center stage like never before. For the first time in the history of both the annual Facility of the Year and Manager of the Year competitions, the winners will be announced live during an elegant black-tie awards gala on Thursday evening, November 5, at THE Show in Atlanta. Rather than learning the results beforehand, finalists and attendees alike will experience the anticipation together as envelopes are…
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Is Your Self-Storage Business Built for Growth – or Just Keeping Up?
Running a self-storage facility today is more complex than it was just a few years ago. Increased competition, changing customer expectations, and rising operating costs have made efficiency and profitability more important than ever. While many operators focus on maintaining occupancy, sustainable growth requires a broader view of business performance. The question isn’t simply whether your facility is full – it’s whether your business is positioned to grow. Stop Reacting and Start Evaluating Many operators respond quickly when performance slips. A drop in occupancy may trigger discounts, slower website traffic…
StorTrack Market of the Month: Vehicle, RV & Boat Storage in Denver, CO
An institutional-grade look at supply, pricing, and unit-mix dynamics across one of the nation’s deepest boat, RV, and vehicle storage markets. Denver sits at the center of one of the nation’s strongest recreational vehicle markets. Located in the Mountain West, where RV ownership ranks among the highest in the United States, the metro combines a population of more than 3 million residents with a median household income exceeding $128,000, nearly 50% above the national level. These fundamentals, along with direct access to Rocky Mountain National Park, numerous state parks, national…
SROA Capital Raises New $750M Fund to Continue Self-Storage Acquisition Strategy
SROA Capital has launched Fund X, a value-add investment vehicle targeting $750 million in capital commitments focused on self-storage acquisitions. The fund continues the firm’s approach of targeting under-managed and undercapitalized assets with income growth potential. It follows Fund IX, which closed above its fundraising target with more than $1.1 billion in total commitments from institutional investors. The launch points to continued investor interest in self-storage as an asset class, with the fragmented ownership landscape remaining a primary driver of acquisition-based strategies Read the Full Article Source: Access newswire
SecureSpace Opens 17th Seattle-Area Location in University Place, Washington
SecureSpace Self Storage has opened its 17th Seattle-area location at 7701 40th Street West in University Place, Washington, operating as SecureSpace University Place. The single-story facility spans 63,005 square feet across 655 units and 34 rentable parking spaces, with AI-enabled security systems currently under renovation. Situated between existing SecureSpace locations in Nalley Valley and Lakewood, the opening extends the operator’s pattern of concentrating facilities across the Seattle metro to build regional coverage and brand presence. Read the Full Article Source: PR Newswire (by CISION)
Featured Broker: John C. Lindsey
John C. Lindsey isn’t just in the self-storage business — he’s redefining it. A dynamic force in the industry since 2008, John brings a rare blend of brokerage precision, development expertise, and global strategy to every deal. With a business degree focused on commercial real estate from the College of Charleston, he launched into self-storage straight out of school — and never looked back. Today, John is one of the most recognized names in self-storage brokerage. He’s led landmark transactions, advised on high-stakes storage projects around the world, and helped…
Talonvest Arranges $57.7M Financing for HPI Real Estate’s Florida Storage Portfolio
Talonvest Capital arranged $57.7 million in non-recourse debt fund financing for a seven-property Florida self-storage portfolio held by HPI Real Estate Services & Investments. The portfolio spans 4,598 units and 486,769 net rentable square feet across Class A assets developed and acquired between 2021 and 2024. The loan carries a two-year initial term with three one-year extension options, interest-only payments, no exit fee, and an 18-month cash management holiday. The transaction illustrates the borrower-friendly loan structures available for stabilizing institutional self-storage portfolios in active Florida markets. Read the Full Article…
Affinius and Axonic Originate $42.5M Loan for Two-Property Storage Portfolio in Miami, Florida
Affinius Capital and Axonic Capital have originated a $42.5 million loan for UTEX Storage Partners to finance two self-storage projects in the Miami metro area. The financing supports a new four-story, 1,097-unit facility in Pembroke Pines and a 540-unit expansion in Coral Gables that will bring that property to 1,500 units total. The combined portfolio will encompass 2,597 climate-controlled units across 233,120 square feet. The deal represents the fifth closing under a recurring lending arrangement between Affinius and Axonic focused on mid-market self-storage construction financing. Read the Full Article Source:…
Architectural Review Committee Greenlights Legacy Built Storage Project in Palm Springs, California
Palm Springs’ Architectural Review Committee unanimously approved a development permit for a 92,400-square-foot self-storage facility at 900 North Farrell Drive after three rounds of review. The project, proposed by Legacy Built Investments & Development LLC, underwent significant design revisions, including the removal of faux roll-up door elements and the addition of landscape screening along Farrell Drive. Final approval was conditioned on uniform architectural treatment at all four building corners. The case highlights the level of design review self-storage projects can face in cities with established aesthetic standards. Read the Full…
New 75,400-Square-Foot Storage Facility Planned for Maue Road in Miamisburg, Ohio
Site preparation is underway at 2580 Maue Road in Miamisburg, Ohio, for a self-storage facility proposed by Barefoot Land Co. and Maue Storage. The one-story, 75,400-square-foot development will include 527 climate-controlled units and 41 drive-up ambient air storage units, following conditional city approval last October. No construction timeline has been disclosed. The project represents continued self-storage development in a smaller Ohio market, adding to a broader pattern of climate-controlled facility construction in Midwest suburban communities. Read the Full Article Source: Dayton Daily News
