Category: Self Storage News

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…

Self-Storage Sales Jump 62% in the Third Quarter

Deal activity surges as investors target high-barrier markets in New York, Las Vegas and Atlanta Transaction volume in the U.S. self-storage sector surged in the third quarter of 2025, reaching nearly $1.6 billion. That is a 62% increase compared to the same period last year, as investor confidence rebounded following a period of caution. A total of 266 facilities changed hands between July and September, up from 201 in the third quarter of 2024, according to a report released this month by StorageCafe. The data indicates that while private and…

STORE Management Expands into California

STORE Management, a Phoenix-based self-storage management platform built by owner-operators, is pleased to announce its expansion into California with the opening of STORE on Pittman last month. The new location marks STORE’s first managed property in the state and reflects the company’s continued growth across key markets. The Fairfield location, owned by Wentworth Property Company, underscores STORE’s expanding role as an operating partner for institutional-quality storage assets. Its management model is designed to adapt to each property, favoring asset-level decision-making, local market nuance, and active oversight over standardized national playbooks.…

McCall to Float Commercial Storage Ban, Citing Recent Compatibility Problems

A proposed ban on building storage units in McCall will go before the McCall Area Planning and Zoning Commission next week. The P&Z is set to review a slate of proposed updates to city code, most of which are tied to Valley County taking over administration of the McCall Impact Area on Jan. 1. A public hearing on the changes will be held at 4:30 p.m. on Monday, Dec. 8, in the McCall Public Library Community Room. Remote participation instructions are available here. The changes include banning commercial storage complexes…

Integration Between KISS and Cubby Brings Cloud Access Control to Legacy Gate Systems

The new integration makes it easy for operators to move to cloud based access control without replacing existing hardware. Keep It Simple Storage (KISS), the creator of the battery free, NFC powered smart lock ONELock, today announced its official integration with Cubby, one of the fastest growing facility management systems in self storage. With Cubby’s intuitive management platform and KISS’s ONELock technology working together, operators can now fully automate move-ins, access, and overlocking, eliminating manual steps and giving both managers and tenants a seamless digital experience. KISS, best known for…

Basis Industrial Receives Construction Loan for Self-Storage Project in Long Island, New York

Florida-based development and investment firm Basis Industrial has received a $27 million construction loan for a self-storage project that will be located in the Long Island community of Rockville Centre. Public Storage will operate the facility, which will comprise 121,500 gross square feet of space across 957 units. NexBank is the senior lender on the project, and NexPoint is the mezzanine lender. Construction is underway and is expected to be complete in early 2027. Source

Blue Vista Capital Management, LLC Announces Collaboration to Create a $600 Million National Self-Storage Platform

Blue Vista Capital Management, LLC (“Blue Vista”), in collaboration with UBS’s Unified Global Alternatives – Real Estate (UGA RE) business and Extra Space Storage (“EXR”), today announced the formation of a strategic collaboration to invest in self-storage assets in the U.S., which will have approximately $600 million in buying power to build a diversified self-storage portfolio. The strategy is to identify core/core-plus, value-add, and development opportunities across the U.S., with the goal of creating a portfolio of self-storage assets designed for a perpetual life investment vehicle. EXR will manage all…

DECA Scores $45 Million Construction Loan for a Self-Storage Development in San Francisco, California

DECA Companies secured critical financing for a self-storage construction project from Affinius Capital and Axonic Capital. The $45.2 million debt will fund construction of a 1,600-unit Extra Space self-storage development at 2270 McKinnon Avenue, Commercial Observer reported. Talonvest Capital’s Kim Bishop arranged the deal. The development will span 175,000 square feet across five stories. The ground floor will have light industrial space, while the top four stories will have self-storage. National self-storage company Extra Space will manage the property. The project, in San Francisco’s Produce Market neighborhood, is one of…