Category: Self Storage News

Self Storage Opens with Professional Management in Myrtle Beach, SC

Local owners of Centro Self Storage proudly announce the acquisition of the self-storage facility at 4357 Postal Way, Myrtle Beach, SC 29579. This facility, being managed by Absolute Storage Management (Absolute), features 739 units totaling 83,835 rentable square feet. It offers safe and secure climate-controlled, non-climate-controlled, and parking unit options to the local communities of Carolina Forest, Socastee, and North Myrtle Beach. TLV RE SS II Myrtle Beach Owner, LLC has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s…

Self-Storage in Transition: Market Recalibration and Resilience in 2025

Navigating a Crossroads in Self-Storage The self-storage sector has reached a pivotal point in its post-pandemic evolution. Following several years of demand-driven growth, the market began to recalibrate in 2024 amid rising economic uncertainty, shifting consumer sentiment, and persistently elevated interest rates. These factors prompted a reassessment of expectations across the industry. By early 2025, however, emerging indicators point to signs of stabilization, with operators beginning to adjust strategies in response to the new landscape. 2024: The Year of Reset The national average for self-storage street rents declined 2.5% in…

StorageMart and Manhattan Mini Storage Third Party Management Onboard 27 Metro Storage Facilities across the U.S

StorageMart and Manhattan Mini Storage Third Party Management have announced a significant portfolio expansion through a collaborative onboarding of 27 self-storage facilities formerly operated by Metro Storage. Located across seven states and representing over 2 million net rentable square feet and 18,672 storage units, these facilities are now fully integrated into the company’s third-party management platform and are operating under either the StorageMart or Manhattan Mini Storage brand. This expansion reinforces the company’s position as a leading self-storage provider for third-party management services, offering a dual-brand solution for storage owners…

Mini-Maxi Storage Launches Professionally Managed Storage Facility in Tampa, FL

Local owners of Mini-Maxi Storage proudly announce the acquisition of the self-storage facility at 8891 North Florida Avenue, Tampa, FL 33604. This facility, managed by Absolute Storage Management (Absolute), features 373 units totaling 46,435 rentable square feet. It offers safe and secure non-climate unit options to the local communities of Tampa, Lake Magdalene, and Seffner. The Moser Family Partnership LP has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of June 16, 2025. Residents and businesses in…

Spacettes Small Business Park Launches Professionally Managed Storage Facility in Tampa, FL

Local owners of Spacettes Small Business Park – Annex proudly announce the acquisition of the self-storage facility at 8891 North Florida Avenue Tampa, Florida 33604. This facility, managed by Absolute Storage Management (Absolute), features 55 units totaling 35,750 rentable square feet. It offers safe and secure commercial space and parking unit options to the local communities of Tampa, Lake Magdalene, and Seffner. The Moser Family Partnership LP has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of…

Storage Post Self Storage Brings Three New Storage Properties Under its Management in New York, NY

As of July 1, three Sofia Storage properties in Brooklyn and Manhattan are now under the management of Storage Post Self Storage. With Storage Post employees on site, the company is actively working to transition new and existing self-storage customers to Storage Post, as well as activating on future improvements, including: Electronic Entry Codes: Tenants will receive personal access codes to access the facility and the elevators Climate-Controlled Storage: Facilities will be outfitted with heating and air conditioning systems Elevator Upgrades: Employee-led elevator operations will be replaced with automatic elevators…

Invesco Real Estate Income Trust Inc. Fully Subscribes IREX II Self-Storage Portfolio DST Offering

Invesco Real Estate Income Trust Inc. (“INREIT”), an institutionally managed public non-listed REIT, announced it has fully subscribed IREX II Self-Storage Portfolio Delaware Statutory Trust (DST), which raised $85.7 million in aggregate. The IREX II Self-Storage Portfolio DST consists of eight self-storage properties diversified in four states (TN, TX, NC, and OR) and 3,894 total rental units across 463,495 of net rentable square feet. The asset was sourced by Invesco Real Estate Income Trust Inc. (“INREIT”), which has a $945.3M total asset value as of May 31, 2025, diversified by…

Go Store It Adds Heartland Storage Portfolio to Growing Third-Party Management Platform

Go Store It Self Storage, one of the largest and fastest-growing privately held self-storage companies in the United States, has added the Heartland Storage portfolio to its expanding third-party management platform. The move reflects Go Store It’s continued growth in performance-driven property management by delivering operational efficiency, best-in-class customer service and industry-leading technology. Heartland Storage, owned by HAN Capital, includes 40 properties across 10 states. Since acquiring its first facility in 2009, HAN Capital has grown Heartland into a regional storage brand known for value, customer care and long-term stability.…

Proposed Self-Storage Facility on College Highway Gets Favorable Response From Planning Board in Southwick, MA

After over two years of fits and starts on a proposal by two Southampton-based developers to build a self-storage facility on College Highway, the project was essentially greenlighted by the Planning Board after a public hearing on the proposal Tuesday night. “This is a great replacement project than what was originally before us,” said Planning Board Chair Jessica Thornton after the facility’s designer, architect, and one of the developers presented its updated plan to build a 34,800-square-foot two-story building between O’Reilly’s Auto Parts and Pioneer Valley Trading Co. on College…

Affinius Capital Originates $33.5 Million Loan to Refinance Storage Portfolio Located Across 7 Markets in Five US States

Affinius Capital LLC announced today the origination of a $33.5 million refinancing loan for a 10 Federal self-storage portfolio, which includes 13 self-storage facilities spanning 3,600 units across five states. Properties in the geographically diversified portfolio are located in Colorado, Georgia, North Carolina, Texas, and Tennessee. The loan will support the portfolio’s ongoing lease-up efforts and operational stabilization. Affinius Capital Senior Vice President Tyler Figley commented, “This transaction represents a compelling opportunity to expand our presence in self-storage, a growing asset class that adds meaningful diversification to our portfolio. We…