Recent self-storage transactions show continued investor interest in the sector, with activity spanning a variety of markets and asset types. Deals include stabilized properties, development sites, and portfolio acquisitions, reflecting strategies to expand market presence, increase operational scale, and position for long-term growth. Demand remains steady, supported by consistent occupancy levels and opportunities to enhance revenue through improved management and pricing strategies. Property: Canyon Rose Storage Location: Gold Canyon, Arizona Brokers and Brokerage: Charles “Chico” LeClaire, Adam Schlosser and Ryan Sarbinoff (Broker of Record – Phoenix, Tucson, and…
Category: Featured Home Slider
Glacier Global Partners and Next Century Self Storage Announce Strategic Joint Venture Partnership
Glacier Global Partners and Next Century Self Storage today announced the formation of a strategic joint-venture partnership focused on the programmatic acquisition, management, and long-term value creation of self-storage properties. The partnership aligns Glacier Global Partners’ institutional investment platform, capital markets expertise, and structuring capabilities with Next Century Self Storage’s sourcing, operating, technology-enabled operating efficiencies, and hands-on asset management strengths. Together, the firms intend to pursue a scalable and disciplined self-storage acquisition strategy across select US markets. “This partnership reflects Glacier’s strategy of expanding its investment platforms by backing best-in-class…
Madison Realty Capital Provides $73M Acquisition Financing for Self-Storage Portfolio Across the U.S
Wentworth Property has secured $73.3 million to acquire a portfolio of 13 self-storage assets that include more than 7,100 units and almost 840,000 square feet spread across the U.S., Commercial Observer has learned. Madison Realty Capital provided the acquisition financing, while CBRE’s Tom Rugg, Tom Traynor and Arman Samouk arranged the transaction, sources said. The self-storage properties within the 13-asset portfolio are all stabilized, according to a source close to the deal. The locations of the 13 properties were not disclosed. Wentworth Property was founded in 2005 and is based…
Featured Broker: Ken Miller
Ken is the principle broker and owner of Northstate Commercial Partners. Having been in the business for over 30 years and developed friendships and professional associations across the state and the country, Ken prides himself less on what he knows and more on who he knows. With affiliations in the Society of Industrial and Office Realtors (SIOR) and the International Council of Shopping Centers (ICSC), Ken has built a network of trusted colleagues across all geographic regions and product types that continue to feed real estate and development leads his…
Ardent Announces Opening of Class-A Self-Storage Facility in Copiague, New York
The Ardent Companies (Ardent) and Ironwood Development Partners announced the opening of their newest Class-A self-storage facility. Located in Copiague, N.Y., the facility will open Dec. 16, reinforcing Ardent’s proven approach of delivering institutional-quality, climate controlled, self-storage developments. The project represents Ardent’s first partnership with Ironwood Development Partners, a key milestone in the firm’s strategy to deepen its presence in high-barrier, supply-constrained markets. “Our expansion into Long Island underscores the opportunity to partner with experienced local teams that share our commitment to quality and execution,” said Ricardo De Rojas, Managing…
Hernandez Development & Construction Opens New Class A Self-Storage Facility in Carol Stream, Illinois
Hernandez Development today announced the successful completion of Carol Stream Self Storage, a new 71,510-square-foot, Class A self-storage facility at 27W010 North Avenue (Illinois Route 64) in Carol Stream, Illinois. The state-of-the-art facility is strategically designed to meet the growing storage demand in DuPage County. The three-story building features 625 climate-controlled units, including 36 easily accessible drive-up units. Positioned with prominent visibility along North Avenue, this project benefits from exposure to over 38,000 vehicles daily, offering convenient access for both residential and commercial customers. “Carol Stream is a strong suburban…
Two-Story Storage Facility Proposed for Winslow Cross Keys Road, New Jersey
A two-story, 122,000-square-foot storage facility previously granted land use approval by the Winslow Zoning Board is now scheduled to seek full major site plan approval. Although the project is located on Cross Keys Road, the building will sit back from the roadway, positioned behind the existing Aldi and Wendy’s on an undeveloped parcel of land. The site plan includes 61,000 square feet of building footprint; with two floors, the total building area doubles to 122,000 square feet. If approved, the new storage facility will utilize existing internal roadways within the…
