JLL Capital Markets secured life company financing to fund the 1,284-unit project in the San Diego area JLL Capital Markets announced today that it has arranged $23.44 million in non-recourse construction financing for Chula Vista Storage, a 1,284-unit, to-be-built self-storage facility in Chula Vista, California. JLL worked on behalf of the borrower/developer, UTEX Storage Partners, to secure the four-year, floating-rate non-recourse construction loan through a top-tier life insurance company. Chula Vista Storage will be operated and managed by a best-in-class, REIT third-party management platform. Upon delivery in 2026, Chula Vista Storage…
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How to Find Off-Market Self-Storage Deals
In today’s competitive market, the best self-storage deals don’t always show up on social media platforms, or even in your inbox. Some of the most profitable opportunities are off-market properties—facilities that change hands quietly without ever being widely advertised. Why chase off-market deals? The answer is simple: less competition, better pricing, and more upside potential. But uncovering these hidden opportunities takes strategy and persistence. Here are five proven ways to find off-market self-storage investments. 1. Build Relationships With Active Brokers Top-producing brokers often know about deals before they ever hit…
Flight To Quality
Self-storage investors are currently enjoying a rapidly rising stock market and surprisingly very stable debt market, albeit at elevated interest rates to the Covid era, but by historical standards, in line with the 30-year averages. However, it is clear that there is a bifurcation in the investment market with Class A, major market properties commanding a premium valuation and still historically low cap rates, while secondary and tertiary market properties struggle to find buyers. Willing and able buyers, in turn, are expecting widely expanded valuations and meaningfully higher cap rates.…
3 to 10: The Magic Number for the Next Wave of Storage Acquisitions
Institutional buyers are zeroing in on mid-sized portfolios that deliver scale, efficiency, and stronger returns, making owners with 3–10 facilities the most sought-after players in today’s market. Over the past decade, institutional capital has poured into the self-storage sector, driving record-breaking valuations and cap rate compression. But as the market matures and competition tightens, the focus has begun to shift. Large institutions are no longer chasing only the massive, multi-state portfolios; many are now setting their sights on mid-sized groups of 3 to 10 facilities. Why Mid-Sized Portfolios Stand Out…
BETCO, A Janus International Company, Launches Metal Decking Product Line to Enhance Self-Storage Building and Construction Capabilities
BETCO Metal Decking Provides Design Flexibility and Customization for Self-Storage Development BETCO, Inc., a leading innovator in engineering, design, manufacturing, and construction of self-storage buildings, today announced a comprehensive expansion of its decking product line. The new range of custom metal decking systems is designed to meet the unique structural and architectural demands of self-storage development and re-development. BETCO’s new suite of Metal Decking products, pairs advanced engineering and high-quality manufacturing to meet the demand for design flexibility and customization requirements of modern self-storage development across North America. BETCO Metal…
SurePoint Development Breaks Ground on 758-Unit Self-Storage Facility in Rosharon, Texas
SurePoint Development has broken ground on a 758-unit self-storage facility in Rosharon, located south of Houston. The site is located along FM 521 just south of Sienna Parkway, and the facility will total approximately 95,000 net rentable square feet of space. Completion is slated for next spring. The facility will be the eighth in the greater Houston area for SurePoint, which also plans to begin construction of two other facilities in the region next spring. Source
Tulfra Real Estate Unveils 797-Unit Self-Storage Building in Jersey City, New Jersey
Tulfra Real Estate, a Rochelle Park-based real estate and development company, announced the recent opening of Jersey City Self Storage, located at 300 Thomas McGovern Drive, as the self-storage sector continues to surge in New Jersey. The opening marked the completion of the first phase of the Jersey City Self Storage facility, housing 797 climate-controlled storage units and offering 115,000 square feet of space across six stories. When the three-phase build is complete, the project will total 260,000 square feet. Representatives from Fulton Bank, the project’s lender, and JLL Capital…
Inland, Devon Complete Self-Storage Redevelopment in Philadelphia, Pennsylvania
Inland Real Estate Investment Corp. and Devon Self Storage, which are both part of The Inland Real Estate Group of Cos., have completed a redevelopment project at 5200 Unruh Ave. in northeast Philadelphia. The project converted the former Moulton Ladder Manufacturing Co. facility, which was first built in 1900 adjacent to the Delaware River, into a self-storage facility. The five-story building features 88,000 net rentable square feet of climate-controlled space across 932 units. Source
The Hidden Downsides of First-Month Free Promos
First-month free promotions are everywhere in the self storage industry. From nation-wide storage companies to independent operators, facilities rely on this promotion strategy to fill units fast. And for good reason—the words “first month free” catch attention, drive clicks, and get new customers in the door. In the short term, it works. But is it really worth it in the long run? That’s where things get complicated. While first-month free (FMF) promos can be a powerful customer acquisition tool, they come with hidden costs that can chip away at your…
StowAway Climate Control Storage Expands With Two New Climate-Controlled Buildings in Fulton, Texas
StowAway Climate Control Storage, a trusted self-storage provider in Fulton near Rockport, proudly announces the addition of two new climate-controlled buildings. This expansion reflects the company’s commitment to delivering secure, temperature-regulated storage solutions to meet the growing needs of the Coastal Bend region. The two newly constructed climate-controlled buildings also introduce convenient drive-up access, allowing customers to load and unload directly from their vehicles. The facility also offers on-site packing supplies—boxes, tape, and more—to protect belongings during storage. Friendly, knowledgeable staff are available to guide customers every step of the…
