{"id":12289,"date":"2026-08-05T14:08:32","date_gmt":"2026-08-05T14:08:32","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=12289"},"modified":"2026-08-05T14:12:37","modified_gmt":"2026-08-05T14:12:37","slug":"weekly-self-storage-transaction-roundup-7-27-26-7-30-26","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/weekly-self-storage-transaction-roundup-7-27-26-7-30-26\/","title":{"rendered":"Weekly Self Storage Transaction Roundup: 7\/27\/26 \u2013 7\/30\/26"},"content":{"rendered":"


\n<\/p>\n

\n

<\/p>\n

\n

This week\u2019s transactions illustrate how local market fundamentals can tell a very different story than headline supply metrics. Despite very different supply conditions, each of these markets offers characteristics that help explain why investors continue to pursue opportunities there.<\/span><\/span><\/span><\/p>\n

Burke Storage in Morganton, NC appears, at first glance, to be in an oversupplied market, with nearly 12 square feet per capita across 17 facilities, two more developments planned within the same five-mile trade area, and little projected population growth. Yet pricing tells a different story. Walk-in rates increased 2.6% over the past year, while online rates climbed an even stronger 12.8%, suggesting that nearby Broughton and ongoing redevelopment activity are helping support demand. The 12,550-square-foot, 86-unit property also offers room for future expansion.<\/span><\/span><\/span><\/p>\n

Two New York transactions highlight the opposite dynamic. Hometown Self Storage represents a buyer entering self-storage after years of investing in multifamily, attracted to a market with just 2.70 square feet per capita across seven facilities and one project in the pipeline. Walk-in rates increased 3.7% over the past year, while online rates rose 13.2%. Further south, a newly completed 108,600-square-foot, 859-unit Class A facility traded in Garnerville, where Rockland County remains supply constrained at just 3.2 square feet per capita despite two planned developments. Walk-in rates climbed 9.8% over the past year, while online rates surged 27.8%. Both New York markets are projected to grow by roughly 2% over the next three years, and renter households account for approximately 26% to 35% of residents, supporting future storage demand.<\/span><\/span><\/span><\/p>\n

Rounding out the week, a combined self-storage and RV facility changed hands in Lumberton, NC. The Boat & RV market is served by just five facilities, while rates have increased 13.4% over the past year. Positioned along the I-95 corridor, Lumberton benefits from steady RV travel, easy access to outdoor recreation, and a limited competitive landscape, helping support continued investor interest in specialized storage assets.<\/span><\/span><\/span><\/p>\n<\/div>\n

<\/p>\n

\n
\n
Image Not Available<\/div>\n
\n

Burke Storage<\/h2>\n

5200 Hayes Water Rd, Morganton, NC 28655<\/p>\n

Burke Storage closed as a single-asset sale in Morganton, NC (Hickory-Lenoir-Morganton MSA), totaling 12,550 NRSF | 86 Units. The property sits on a 2.81-acre lot with room for future expansion. Brokered by Franklin Street Real Estate Services.<\/p>\n

Seller:<\/strong> Darren Stillwell<\/span>
\nBuyer:<\/strong> Not Disclosed<\/span>
\nSale Date:<\/strong> 7\/27\/2026<\/span>
\nSale Price:<\/strong> Not Disclosed<\/span>
\nType:<\/strong> Single-Asset Sale<\/span>
\nSize:<\/strong> 12,550 NRSF | 86 Units<\/span><\/div>\n<\/div>\n<\/div>\n
\n

StorTrack Market Snapshot<\/h3>\n
\n
Sq. Ft.\/Capita:<\/strong> 11.40<\/div>\n
Total Stores:<\/strong> 17<\/div>\n
Walk-In Avg\/SF:<\/strong> $1.31<\/div>\n
Online Avg\/SF:<\/strong> $1.21<\/div>\n
Walk-In Non-CC:<\/strong> $1.16<\/div>\n
Walk-In CC:<\/strong> $1.63<\/div>\n
Online Non-CC:<\/strong> $1.05<\/div>\n
Online CC:<\/strong> $1.52<\/div>\n
Total Sq. Ft.:<\/strong> 482.2K<\/div>\n
Rentable Sq. Ft.:<\/strong> 400.6K<\/div>\n
Population:<\/strong> 35.1K<\/div>\n
Median Income:<\/strong> $66.7K<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/p>\n

\n
\n
\"\"<\/div>\n
\n

Hometown Self Storage<\/h2>\n

368 West 2nd St, Fulton, NY 13069<\/p>\n

Hometown Self Storage closed as a single-asset sale in Fulton, NY, totaling 37 Units. The acquisition marks the buyer’s entry into self-storage after years of investing in multifamily. Buyer-side brokered by CBRE Upstate NY.<\/p>\n

Seller:<\/strong> Not Disclosed<\/span>
\nBuyer:<\/strong> Not Disclosed<\/span>
\nSale Date:<\/strong> 7\/28\/2026<\/span>
\nSale Price:<\/strong> Not Disclosed<\/span>
\nType:<\/strong> Single-Asset Sale<\/span>
\nSize:<\/strong> 37 Units<\/span><\/div>\n<\/div>\n<\/div>\n
\n

StorTrack Market Snapshot<\/h3>\n
\n
Sq. Ft.\/Capita:<\/strong> 2.70<\/div>\n
Total Stores:<\/strong> 7<\/div>\n
Walk-In Avg\/SF:<\/strong> $0.73<\/div>\n
Online Avg\/SF:<\/strong> $0.73<\/div>\n
Walk-In Non-CC:<\/strong> $0.73<\/div>\n
Walk-In CC:<\/strong> Not Disclosed<\/div>\n
Online Non-CC:<\/strong> $0.73<\/div>\n
Online CC:<\/strong> Not Disclosed<\/div>\n
Total Sq. Ft.:<\/strong> 69.8K<\/div>\n
Rentable Sq. Ft.:<\/strong> 56.6K<\/div>\n
Population:<\/strong> 20.9K<\/div>\n
Median Income:<\/strong> $73.4K<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/p>\n

\n
\n
Image Not Available<\/div>\n
\n

95 Storage & RV<\/h2>\n

1239 Kenric Rd, Lumberton, NC 28360<\/p>\n

95 Storage & RV closed as a single-asset sale in Lumberton, NC, totaling 11,250 NRSF | 95 Units. The property operates as a combined self-storage and RV storage facility on a 5.03-acre site. Brokered by Franklin Street Real Estate Services.<\/p>\n

Seller:<\/strong> Not Disclosed<\/span>
\nBuyer:<\/strong> Not Disclosed<\/span>
\nSale Date:<\/strong> 7\/30\/2026<\/span>
\nSale Price:<\/strong> Not Disclosed<\/span>
\nType:<\/strong> Single-Asset Sale<\/span>
\nSize:<\/strong> 11,250 NRSF | 95 Units<\/span><\/div>\n<\/div>\n<\/div>\n
\n

StorTrack Market Snapshot<\/h3>\n
\n
Sq. Ft.\/Capita:<\/strong> 17.43<\/div>\n
Total Stores:<\/strong> 11<\/div>\n
Walk-In Avg\/SF:<\/strong> $0.92<\/div>\n
Online Avg\/SF:<\/strong> $0.74<\/div>\n
Walk-In Non-CC:<\/strong> $0.77<\/div>\n
Walk-In CC:<\/strong> $1.09<\/div>\n
Online Non-CC:<\/strong> $0.57<\/div>\n
Online CC:<\/strong> $0.93<\/div>\n
Total Sq. Ft.:<\/strong> 608.9K<\/div>\n
Rentable Sq. Ft.:<\/strong> 502.5K<\/div>\n
Population:<\/strong> 28.8K<\/div>\n
Median Income:<\/strong> $52.5K<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/p>\n

\n
\n
\"\"<\/div>\n
\n

Prime Storage – Garnerville<\/h2>\n

3 W Ramapo Rd, Garnerville, NY 10923<\/p>\n

PrimeSpace Capital sold Prime Storage in Garnerville, NY, totaling 108,600 SF | 859 Units. A three-story, Class A, fully climate-controlled facility developed entirely in-house by PrimeSpace \u2014 from entitlements through construction via their general contracting platform. Construction was completed in July 2026 and the property sold upon receiving its Certificate of Occupancy. Located in Rockland County just outside New York City, one of the country’s most supply-constrained self-storage regions.<\/p>\n

Seller:<\/strong> PrimeSpace Capital<\/span>
\nBuyer:<\/strong> Not Disclosed<\/span>
\nSale Date:<\/strong> 7\/30\/2026<\/span>
\nSale Price:<\/strong> Not Disclosed<\/span>
\nType:<\/strong> Single-Asset Sale<\/span>
\nSize:<\/strong> 108,600 SF | 859 Units<\/span><\/div>\n<\/div>\n<\/div>\n
\n

StorTrack Market Snapshot<\/h3>\n
\n
Sq. Ft.\/Capita:<\/strong> 3.18<\/div>\n
Total Stores:<\/strong> 7<\/div>\n
Walk-In Avg\/SF:<\/strong> $2.38<\/div>\n
Online Avg\/SF:<\/strong> $2.13<\/div>\n
Walk-In Non-CC:<\/strong> $2.45<\/div>\n
Walk-In CC:<\/strong> $2.33<\/div>\n
Online Non-CC:<\/strong> $2.45<\/div>\n
Online CC:<\/strong> $1.89<\/div>\n
Total Sq. Ft.:<\/strong> 462.2K<\/div>\n
Rentable Sq. Ft.:<\/strong> 370.5K<\/div>\n
Population:<\/strong> 116.6K<\/div>\n
Median Income:<\/strong> $133.1K<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/p>\n

\n
\n

\"StorTrack\"<\/a><\/p>\n

StorTrack is a market intelligence platform providing data on pricing, supply, demand, and competition across self-storage markets.<\/p>\n<\/div>\n

*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.<\/p>\n

\n

Do you have a closed or recent transaction to add?<\/strong>
\nPlease send us the details at info@listselfstorage.com<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

This week\u2019s transactions illustrate how local market fundamentals can tell a very different story than headline supply metrics. Despite very different supply conditions, each of these markets offers characteristics that help explain why investors continue to pursue opportunities there. Burke Storage in Morganton, NC appears, at first glance, to be in an oversupplied market, with nearly 12 square feet per capita across 17 facilities, two more developments planned within the same five-mile trade area, and little projected population growth. Yet pricing tells a different story. Walk-in rates increased 2.6% over…<\/p>\n","protected":false},"author":13,"featured_media":12290,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,5],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12289"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=12289"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12289\/revisions"}],"predecessor-version":[{"id":12322,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12289\/revisions\/12322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/12290"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=12289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=12289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=12289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}