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10 Federal Nears Opening of Self-Storage Facility in Lake Worth, Texas

Self-storage operator 10 Federal has completed a three-story, 786-unit facility in Lake Worth, Texas, totaling approximately 76,960 net rentable square feet, with an August opening planned. Alongside the development, the company has been active in industry discussions around artificial intelligence, with leadership participating in an AI-focused panel at the Mid-Atlantic Self Storage Conference & Trade Show. The combination of new supply and technology investment points to a growing operator emphasis on data-driven tools as a means of sustaining performance in a more competitive market environment. Read the Full Article Source:…

Placer County Approves Self-Storage Facility With Conditions in Auburn, California

Placer County’s Zoning Administrator approved a minor use permit on June 18 for Foothill Storage, a three-story, 840-unit facility proposed for a 2.36-acre commercial lot in Auburn, California. The approval followed community meetings and came with conditions covering operating hours, landscaping, and aesthetic changes to the building. Resident opposition centered on traffic, safety, and housing needs. The case reflects the regulatory complexity self-storage developers face in California, where environmental review requirements and community pushback routinely influence project scope and timelines. Read the Full Article Source: Gold Mountain California News Media

Newcor Commercial Real Estate Opens Self-Storage Facility in Tomball, Texas

Newcor Commercial Real Estate has completed a 617-unit self-storage facility at 11110 Hufsmith Road in Tomball, Texas, northeast of Houston. The 87,970-square-foot project spans a 5.1-acre site and includes 510 climate-controlled units, 93 non-climate-controlled units, and 14 boat and RV storage spaces, with RightMove Storage handling operations. The development adds new supply to a suburban Houston submarket that has seen steady residential growth, a dynamic that continues to attract self-storage investment across the broader metro area. Read the Full Article Source: RE Business Online

Self-Storage Project Breaks Ground After Nearly a Decade in Chula Vista, California

Construction is underway on a 120,000-square-foot self-storage facility in east Chula Vista, California, roughly a decade after the project was initially proposed. Developer UTEX Storage Partners is building a two-structure complex with 1,284 units and boat and RV storage on a 9-acre parcel rezoned for commercial use in 2020. Neighboring residents have raised concerns about communication and environmental impact. The project is a relevant example of the extended development timelines and community opposition that can accompany self-storage projects on formerly open or undeveloped land. Read the Full Article Source: inewsource

How to Finance a Self-Storage Investment

Financing is one of the most important considerations when acquiring a self-storage facility. Whether you’re purchasing your first property or expanding an existing portfolio, understanding the available financing options can help you structure a successful acquisition. One of the most common funding sources is a traditional bank loan. Banks often provide competitive interest rates and repayment terms for stabilized facilities with strong occupancy and cash flow. Investors with solid credit and a sufficient down payment are often able to secure favorable financing. For owner-operators, Small Business Administration (SBA) loans can…

Back To The Basics?

For many decades, self-storage was a remarkably simple business. The product was almost always the same: a single-story, drive-up facility on a piece of well-located land, built efficiently, operated leanly, and supported by a fixed-cost base that allowed operators to absorb economic cycles with minimal disruption. It was, in many ways, a beautiful business model. Low overhead, sticky tenants, modest reinvestment requirements, and steady cash flow. The asset class earned its reputation as one of the most durable in commercial real estate precisely because it kept things simple. That simplicity…

Weekly Self Storage Transaction Roundup: 6/17/26 – 6/22/26

This week’s self-storage activity covered eight properties across five states – Michigan, California, Texas, Arizona, and Florida – with deals ranging from a small rural facility in Texas to Extra Space Storage’s acquisition of an infill asset in one of the week’s highest-rate markets. In Sacramento, 9th & X Self Storage may be modest in size at 19,300 square feet, but its location tells the larger story: the market’s $1.97/SF walk-in average and $2.10/SF climate-controlled rate were the strongest among this week’s transactions, supporting the appeal of well-located West Coast…

10 Ways to Prevent Tenants from Living in Your Self-Storage Facility

Self-storage facilities are designed to store belongings—not serve as housing. However, operators occasionally encounter situations where tenants attempt to use storage units as living spaces. Beyond violating lease agreements, this practice can create serious safety, legal, insurance, and liability concerns for facility owners. Living in a storage unit can increase the risk of fire, property damage, criminal activity, health hazards, and injuries, all of which can expose owners to significant risk. Fortunately, there are several proactive steps operators can take to discourage unauthorized occupancy and maintain a safe, professional facility.…

Weekly Self Storage Transaction Roundup: 6/11/26 – 6/17/26

Recent transaction activity demonstrated that buyers continue to target self-storage assets with appealing local demand fundamentals. Of the six deals, three were portfolio sales, including two properties in the Denver metro totaling 155,000 NRSF and 1,800 units, and two assets in South Carolina’s coastal markets. The remaining three were single-asset transactions in State College (PA), Rochester (MN), and The Colony (TX). Market data points to a range of fundamentals behind the activity. In the three single-asset deals, solid demand is supported by the presence of institutions or employment centers that…

Shenango Township Approves New Self-Storage Facility on Ellwood Road in New Castle, Pennsylvania

Shenango Township supervisors in Pennsylvania have approved a conditional use request from Alpha DHZ Properties LLC to build a self-storage facility at 2515 Ellwood Road. The 16-unit structure will be constructed at the rear of an existing AT&T parking lot owned by the same developer, screened by fencing and vegetation. The small-scale project illustrates a broader pattern of self-storage development on underutilized commercial parcels, a dynamic worth noting for those tracking new supply in smaller markets. Read the Full Article Source: New Castle News