Category: Self Storage News

Public Storage to Acquire National Storage Affiliates, Creating Significant Value for All Stakeholders

Public Storage (NYSE: PSA, the “Company”), a leading owner and operator of self storage facilities, and National Storage Affiliates (NYSE: NSA) today announced an agreement under which Public Storage will acquire National Storage Affiliates in an all-stock transaction valued at an enterprise value of approximately $10.5 billion. NSA’s portfolio includes more than 1,000 properties, 69 million rentable square feet, and 550,000 units across 37 states and Puerto Rico. The combined company is expected to have a pro forma equity market capitalization of approximately $57 billion and total enterprise value of…

The Self-Storage Building, Technology, and Renovation Experts at Janus International Announce All-New Door Replacement Mobile Application

Janus Releases “Rapid Replace™,” a Mobile App Designed to Simplify Door Replacements Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading global manufacturer and provider of turnkey self-storage, commercial, and industrial building solutions, today announced the release of Janus Rapid Replace, a mobile app designed to streamline self-storage door replacement quotes and orders. The Janus Rapid Replace app was built for self-storage owner-operators and facility managers who need a fast, reliable way to request quotes and submit orders to replace damaged or unsafe unit doors at their…

Why Submitting Offers Matters in Self Storage Deals

In the competitive self-storage market, one simple truth separates successful buyers from the rest. You cannot win a deal if you do not submit an offer. Being in the mix creates opportunity. Even if your initial offer is not selected, engaging early keeps you part of the conversation and positions you to benefit as the process evolves. Responsive buyers gain a clear advantage. Quick, thoughtful engagement signals seriousness to brokers and sellers. It builds credibility and helps ensure you are top of mind not only for the deal in front…

Storage Post Brings Long Island Portfolio to 15 Properties by Adding Self-Storage Facility in Bohemia, New York

Storage Post Self Storage, a leading owner and operator of self-storage facilities, today announced it has added Suffolk Self Storage, located in Bohemia, New York, to its growing operating portfolio. The property, located on the South Shore of Long Island at 1295 Lakeland Avenue, expands the company’s presence across Long Island and the broader New York metropolitan area. The Bohemia property will be fully integrated into the Storage Post operating platform, introducing Storage Post’s technology-driven management platform, including advanced online reservations, revenue optimization systems, and proprietary video-enabled customer service connecting…

Zionsville Town Council Approves Rezoning for Self-Storage Facility on Oak Street in Zionsville, Indiana

Plans for a potential expansion of Zionsville Self Storage and a new automotive service business are moving forward. The Zionsville Town Council unanimously approved a rezoning for a vacant lot at 1580 W. Oak St. at its March 2 meeting. Sam Scheidler, owner of Zionsville Self Storage, intends to expand his business, which is adjacent to the newly rezoned property. There are also plans for an auto service center on the other side of the 2.6-acre lot. The rezoning request received a favorable recommendation from the Zionsville Plan Commission last…

Self Storage Opens with Professional Management in Choctaw, Oklahoma

Local owners of Owens Cubbies Self Storage & RV proudly announce the acquisition of the self-storage facility at 14237 Southeast 29th Street, Choctaw, OK 73020. This facility, being managed by Absolute Storage Management (Absolute) features 166 units totaling 22,300 rentable square feet. It offers safe and secure climate-controlled and non-climate-controlled unit options to the local communities of Choctaw, Nicoma Park, and Woods. Choctaw Storage Investors, LLC 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 February…

New Self-Storage Facility Planned in Ocean County, New Jersey

Land between Ocean Isles and the Contractor Warehouses on Route 9 is one step closer to transformation after Ocean Township officials approved a redevelopment plan that clears the way for a new, three-story self-storage facility known as Horizon Storage. The Township’s Planning Board endorsed the Horizon Redevelopment Plan, formally establishing a “Horizon Redevelopment Overlay Zone” for properties identified as Block 241.11, Lots 12.04 and 12.05, totaling approximately 6.2 acres along the east side of Route 9, about 360 feet north of Seminole Avenue. The parcels, currently vacant and assessed as…

Forge Building Company and LuxeLocker Partner in the Development of Large Premium Storage Nationwide

Strategic partnership will bring high-quality, large premium storage solutions for boats, RVs, luxury vehicles, business inventory, and specialty assets across the US. Forge Building Company, a national leader in steel building contracting solutions, is proud to announce a strategic partnership with LuxeLocker, a premier developer of large premium storage facilities. Together, the two companies will collaborate to design and construct a brand of large premium storage units that scale across the United States, meeting the growing demand for secure, spacious storage for high-value assets. The partnership combines Forge’s expertise in…

Proposed Self-Storage Project Moves Forward in Green – Akron, Ohio

Following the approval of a conditional-use permit by the Green Planning and Zoning Commission Feb. 18, a project at the corner of South Main Street and Magua Drive to bring storage units and office/retail can begin to move forward. The project does still require approval of a variance for a setback by the Green Board of Zoning Appeals, which will be the next step. The 6.98-acre property, located at 3929 S. Main St., is owned by SELU Holdings LLC and is vacant except for the abandoned facility at the corner…

New Jersey Company Proposes Self-Storage Facility For Fields Corner Industrial Park in Dorchester, Massachusetts

A New Jersey company hopes to build a 145,000 sq. ft. self-storage facility in an industrial park near Fields Corner in Dorchester. The property at 50B Park St. is currently vacant but was most recently occupied by the state Department of Children and Families (DCF) office. According to a spokesperson for DCF, the agency did not renew their lease last summer and relocated to a more “welcoming” location on River Street in Mattapan. In a Letter of Intent (LOI) field with the city’s Planning Department on March 3, Gregg Cerino…