Recent self-storage transactions reflected continued investor involvement in markets supported by population growth, tourism and university-driven demand, particularly where assets offered operational upside or future expansion potential.
In Tempe, Arizona, the acquisition of Tempe Choice Self Storage highlights continued appetite for value-add opportunities despite the Phoenix Metro’s elevated 9.6 square feet per capita of supply. The 1983-built property was only 78% occupied at closing, though its proximity to Arizona State University and the broader Phoenix urban core likely added to its investment appeal. Tourism-oriented markets also remained active.
In Janesville, Wisconsin, growing visitation trends and more than 2,500 acres of parkland continue to support demand for facilities that combine traditional storage with RV and boat parking, even as supply exceeds 14.5 sqft/capita. Similar dynamics were evident in Dahlonega, Georgia, a destination market known for its wine country, Gold Rush history, and the University of North Georgia.
In Newbury, Massachusetts, a Boston suburb with less than 4 sqft/capita of storage space, the potential expansion likely strengthened the appeal of Newbury Self Storage. Institutional demand for high-barrier urban assets also remained evident in Bellevue, Washington, where a six-story facility traded for $51 million in one of the Pacific Northwest’s wealthiest tech-driven markets. Meanwhile, the sale of three Arlington, Texas facilities by National Storage Affiliates reflects continued investor confidence in the Dallas-Fort Worth Metro, where strong population growth, entertainment demand, and the presence of the University of Texas at Arlington continue to support long-term storage fundamentals.
Together, the week’s transactions continued to reinforce a wider industry theme: investors remain highly focused on well-located assets with operational upside, diversified demand drivers and long-term expansion in both primary and emerging secondary markets.
Property: Route 202 Self Storage
Location: Henniker, New Hampshire
Address: 872 Old Concord Road, Henniker, New Hampshire
Year Built: 2022
Buyer: Extra Space Storage
Brokers and Brokerage: Joe Robinson, CCIM and Jessie Gilton of NAI Norwood Group [New England representatives for Argus Self Storage Advisors]
Acreage: 2.21 acres
NRSF: 30,300
Unit Count: 221 drive-up and enclosed storage units
Highlights:
- Operates on a fully remote management platform
- Features electronic gate access and integrated security systems
Property: Tempe Choice Self Storage
Location: Tempe, Arizona
Address: 1700 East Curry Road and 816 North Scottsdale Road, Tempe, Arizona
Year Constructed: 1983
Brokers and Brokerage: Jeff Gorden and Alyssa of The Gorden Group [and affiliate of Argus Self Storage Advisors]
Acreage: 4.35 acres (189,361 square feet)
NRSF: 47,575
Unit Count: 391 units
Occupancy: 78% at closing
Property: Lark Self Storage
Location: Janesville, Wisconsin
Address: 3031 E County Rd O, Janesville, Wisconsin 53546
Year Built / Renovated: 2015 / 2025
Closing Deal: $2.86 Million
Brokers and Brokerage: Jon Silvers, Sean Delaney and Dan Bowar of Marcus & Millichap [Chicago Oak Brook and Milwaukee offices]
Acreage: 9.44 acres
NRSF: 40,900
Unit Count: 242 units (176 non-climate-controlled self-storage units with 66 RV and boat storage parking spaces)
Highlights:
- It will be operated by the new ownership as Interstate Secure Storage
Property: Oak Grove Stor All
Location: Dahlonega, Georgia
Brokers and Brokerage: Ryan Haney of Coastal Storage Group [an affiliate of Argus Self Storage Advisor]
Acreage: 4.3 acres
NRSF: 22,700
Unit Count: mix of climate-controlled units, drive-up storage, and boat/RV parking
Highlights:
- Equipped with 24-hour security, Computerized gated access, and fully fenced grounds
Property: Newbury Self Storage
Location: Newbury, Massachusetts
Seller: Stowaway Storage Newbury LLC
Buyer: Andover Properties
Brokerage: Capital Markets Self Storage team of JLL
Acreage: 50 acres
NRSF: 111,000
Unit Count: 686 units
Highlights:
- The property consists of 12 single-story self-storage buildings developed in phases between 2016 and 2023
- Additional land available for future expansion
- Has an on-site management office
- Drive-up storage units
Portfolio: South Vicksburg Self Storage (two facilities)
Location: Vicksburg, Mississippi
Address 1: 89 Hullum Rd, Vicksburg, Mississippi 39180
Address 2: 1055 Fisher Ferry Rd, Vicksburg, Mississippi 39180
Brokers and Brokerage: Matthew Porter and Michael Morrison of Superior Capital Advisors
NRSF (combined): 13,669
Highlights:
- The properties boast a variety of drive-up units, state-of-the-art security features
Property: West Coast Self-Storage (six-story self-storage facility)
Location: Bellevue, Washington
Address: 12399 Northup Way, Bellevue, Washington 98005
Closing Deal: $51 Million
Year Opened: 2016
Seller: Commune Capital
Buyer: Premier Storage Investors
Acreage: 1.2 acres
Square Feet: 140,000
Unit Count: 1,000 storage units
Portfolio: SecurCare Self Storage
Location: Arlington, Texas
Seller: National Storage Affiliates
Buyer: BreakChain Capital Investments
Brokers and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of JLL Capital Markets
NRSF (combined): 80,216
Address 1: 3016 S. Cooper St., Arlington, Texas
Year Built: 1973
Acreage: 1.5 acres
NRSF: 24,672
Address 2: 2331 S. Collins St., Arlington, Texas
Year Built: 1978
Second Phase Completed: 2019
Acreage: 2 acres
NRSF: 30,128 (six buildings)
Address 3: 2306 N. Collins St., Arlington, Texas
Year Built: 1976
NRSF: 25,416 (seven, single-story buildings)
Acreage: 1.7 acres
Highlights:
- National Storage Affiliates purchased the collection from The Balcor Co.
- All facilities comprise gated and drive-up access, as well as video surveillance
- The property at 2331 S. Collins St. also includes climate-controlled units, RV and boat storage
StorTrack is a market intelligence platform providing data on pricing, supply, demand, and competition across self-storage markets.
*Market Snapshots are based on a defined five-mile radius from each city center, capturing a more representative view of the core demand base. Reported rates are calculated using standardized benchmark unit types to ensure consistency across markets.
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