West Coast Opens Newest California Site

 
West Coast Self-Storage opened a new facility in Palm Desert, California. West Coast has 142 locations.

 

 

 

Marcus & Millichap Sells Two in Texas

 

Marcus & Millichap brokered the sale of two storage facilities in San Antonio and Austin, Texas.
Brookwood Properties was the original developer and seller, and UTEX Storage Partners was the buyer.

 

REITs to Announce Earnings

 

The public self storage REITs are preparing to announce Q3 earnings.

•    Extra Space Storage will announce financial results on Tuesday, Oct. 29.
•    Public Storage will announce results Wednesday, Oct. 30.
•    National Storage Affiliates will announce results Wednesday, Oct. 30.
•    CubeSmart will announce financial results after the market close on Thursday, October 31.

 

Devon to Manage Kansas Property

 

Devon Self Storage will manage University Storage in Lawrence, Kansas. This is the first property Devon will manage in Kansas through its third-party management platform.

 

Matthews Brokers Texas Sale

 

Matthews Real Estate Investment Services brokered the sale of a storage facility in Round Rock, Texas, to an undisclosed buyer. Life Storage operates the facility.

 

Checketts Buys Minnesota Storage

 

Checketts Development acquired the former A and A Mini Storage in Rochester, Minnesota. Extra Space Storage will manage the facility.

 

Lindsey Brokers Southern Deals

 

Lindsey Self Storage Group brokered the following sales:

•    Rock Hill Storage Units in Rock Hill, South Carolina.
•    Hwy 67 Mini & RV Storage in Little Rock, Arkansas.

 

Storeganize Lauded at FEDESSA

 

Storeganise was recognized with the Innovation Award at the 2024 FEDESSA Conference & Trade Show in Stockholm. Storeganize provides cloud-based property management software.

 

Partnership Gets Approval for Illinois CubeSmart

 

Hernandez Development and XSITE Real Estate received approval for a storage facility and mixed-use development in Naperville, Illinois. CubeSmart will manage the facility.

 

StorageBlue Opens Newark Facility

 

StorageBlue opened a new facility dubbed StorageBlue Newark. StorageBlue has facilities primarily in New Jersey.

 

Grove Promoted at IREGC

 

The Investment Real Estate Group of Companies promoted Josh Grove to finance manager. Grove joined in March.

 

Andover Expands RoboVault Location

 

Andover Properties expanded its RoboVault facility in Fort Lauderdale, Florida. The expansion includes 12 extra-large bays that include an office, restroom, open warehouse space and designated parking.