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Westport Properties Expands into Utah with Acquisition of Three Self Storage Facilities

Facilities to be professionally managed under the US Storage Centers brand NEWPORT BEACH, Calif., Dec. 17, 2025 /PRNewswire/ — Westport Properties, a premier self storage investment and management company operating facilities nationwide, announced the acquisition of three self storage properties in Utah — marking the company’s first expansion into the state. The newly acquired facilities are located at: 6743 South 1300 East, Cottonwood Heights, Utah 84121 12362 South 700 East, Draper, Utah 84020 1053 East 3300 South, Millcreek, Utah 84106 With this acquisition, Westport Properties brings its institutional management platform and the…

Storage Post Lands $47 Million for Self-Storage Facility in Manhattan, New York

Storage Post has secured a $47 million first mortgage loan for its 1,959-unit self storage facility at 444 E. 10th St., in Manhattan’s East Village neighborhood. Nuveen Real Estate issued the note in a transaction arranged by JLL Capital Markets. Storage Post and Almanac Realty Investors acquired the property in 2022 from a private individual, for $61 million. At the time, the owners landed a $40.3 million acquisition loan held by Heitman, with an initial maturity set for April 2025. Storage Post manages two other locations under the same brand…

JLL Arranges First Mortgage for Self-Storage in “Undersupplied” East Village

JLL Capital Markets arranged a $47-million first mortgage loan for Storage Post East Village, a newly repositioned, Class A, climate-controlled, self-storage facility located at 444 E. 10th St. in the East Village. Senior managing director Steven Klein and senior director Robert Tonnessen represented the borrower, a wholly owned subsidiary of self-storage owner operator and developer Storage Post, LLC. The loan was provided by Nuveen Real Estate. Situated in one of Manhattan’s most supply-constrained residential submarkets, Storage Post East Village was acquired by Storage Post and its equity partner Almanac Realty…

Mini Mall Storage Properties Announces Acquisition of 23-Property Portfolio, Capping a Year of Exciting Growth

Calgary, AB, Dec. 16, 2025 (GLOBE NEWSWIRE) — Mini Mall Storage Properties (“MMSP” or “Mini Mall”) is pleased to announce the acquisition of a 23-property self-storage portfolio that marks Mini Mall’s entry into the strategically important markets of Kentucky and Florida, and includes assets in Texas, Alabama, Georgia, South Carolina, North Carolina, and Tennessee. The newly acquired properties are comprised of exceptionally well-maintained Class A and B+ facilities that will add strategic scale and scope across the Sun Belt region. MMSP will integrate each asset with its unique operational framework…

Industry Insights on Why Storage Unit Door Replacements Matter

Storage unit doors are among the most frequently used components of any self-storage facility. They not only secure a tenant’s belongings, but they also affect how potential renters perceive your facility, influence operational costs and can even impact long-term property value. Industry experts now emphasize that proper door choice, maintenance and timely replacement are essential parts of facility management.  What Happens When Doors Aren’t Maintained—and When to Replace Instead Based on guidance from industry experts like Janus International’s David Alexander, director of National Account Services,  there are common problems that…

A New Self-Storage Facility is Coming to Northeast El Paso, Texas

The self-storage industry has exploded over the last several years, rising 8% to $44.3 billion, according to the 2024 Self-Storage Almanac. The industry is expected to reach $50 billion by 2029. There are currently an estimated 52,301 self-storage facilities in the United States, covering nearly 2.1 billion square feet. Just over 11% of U.S. households, about 14.6 million, currently maintain a self-storage space. Where is it? The new Franklin Self-Storage site will be located at 10700 Railroad Drive, according to the city’s permit and licensing page. The new self-storage site…

Self-Storage Facility Approved Next to Rising Star Baptist Church in Smithfield, Virginia

A three-story self-storage facility will soon break ground next to Rising Star Baptist Church on Battery Park Road. Tammie Clary, the town’s community development and planning director, told Smithfield’s Planning Commission on Dec. 10 that town staff had administratively approved a final site plan, which she said calls for a three-story building with 30,645 square feet and two one-story buildings at 6,500 square feet. When Commissioner Charles Bryan asked why the proposal was not previously presented to the Planning Commission, Clary cited a July 1 change in state law that…

5 Questions with…White Label Storage

In this episode of 5 Questions With, Gabriel Woodhead, Director of Customer Service at White Label Storage, shares expert insights into running a high-performing call center in the self-storage space. We discuss: Metrics that matter: pickup rate, conversion rate, handle time Training tips tailored to self-storage How call data drives better performance Trends in caller behavior The shift toward digital & remote management White Label Storage, a third-party management company, currently operates over 270 facilities across 43 states. They handle everything from customer service to maintenance, with flexible remote and…

Third-Party Management vs. In-House: What Scales Better in Self Storage?

As self storage portfolios grow, so do the challenges of keeping operations consistent, data reliable, and performance optimized across multiple facilities. Whether you own two locations or twenty, operators must answer an inevitable question: Should we keep management in-house or hire a third-party management company? It’s a critical decision with long-term implications for scalability, profitability, and even asset value. Both models can be effective, but the one that works best for your business depends on your growth plan as well as how you’ll handle technology, marketing, and customer service. To…

Featured Brokers – Kevin Friedman & Alec J. Pacella, CCIM

Kevin Friedman is the owner and principal broker of Hayes Ventures in Bloomfield Hills, MI. Kevin has been transacting in the self-storage sector exclusively for over a decade, closing $533 million of self-storage transactions. He specializes in the acquisition, disposition, and valuation of self-storage properties of all types and sizes. Kevin is dedicated to delivering exceptional value and service to his clients while collaborating with them to achieve their sales and acquisition goals. Prior to forming Hayes Ventures, he most recently served as the Vice President of Acquisitions for SmartStop…