Canadian Apple Storage Adds in Ontario

 

Apple Self Storage opened a new facility in Guelph, Ontario. Apple Self Storage is a Canadian-owned storage provider.

 

 

 

 

 

Devon Portfolio Surges Ahead

 

Devon Self Storage Holdings increased its portfolio value by 68% in 2024, a transformative year for the operator. The portfolio is valued at nearly $2 billion with over 188 stores. Devon added 78 assets across 32 states.

 

Five Star to Manage Minnesota Asset

 

Five Star Storage will manage a facility in Maple Grove, Minnesota.

 

Boardwalk Gets Georgia CO

 

Boardwalk Development Group received a CO for Boardwalk Storage – Westridge in McDonough, Georgia.

 

SmartStop Buys Tennessee Property

 

SmartStop Self Storage REIT acquired a facility in Murfreesboro, Tennessee.

 

Newmark Sells New Jersey Storage

 

Newmark brokered the sale of a storage facility in Rochelle Park, New Jersey.

 

Absolute to Manage Boxville Storage Asset

 

Boxville Storage acquired a storage facility in Brunswick, Georgia. Absolute Storage Management provide management.

 

MV Planning Two Developments

 

MV Investment is building two storage facilities in Savannah, Georgia, and Houston, Texas. Both are expected to open in early 2026. CubeSmart will management the properties.

 

Talonvest Advises on SoCal Loans

 

Talonvest Capital closed two loans for SoCal Self Storage for facilities in Thousand Oaks and Torrence, California.

 

Storeganise Lets Tenants Choose Unit

 

Storeganise launched a Unit-Level Bookings feature. Customers can choose the exact storage unit they want, just like selecting a specific seat on a flight.

 

Janus Recognized for ASW Switch

 

Janus International Group was acknowledged at the Amazon Web Services re:Invent conference for successfully migrating Nokē Smart Entry system to the AWS platform.

 

Marcus & Millichap Arranges Acquisition Loan

 

Marcus & Millichap Capital Corporation arranged $21.4 million in financing for the acquisition of three storage properties on behalf of a private storage development company. The properties are in Connecticut, Florida and New Jersey.

 

SmartStop Buys Five Facilities

 

Strategic Storage Growth Trust III, an affiliate of SmartStop Self Storage REIT, acquired five facilities in Florida, Texas and Arizona.

 

TXSSA Lauded for Shriners Hospital Support

 

Texas Self Storage Association’s longstanding commitment to Shriners Children’s Texas hospital in Galveston, Texas, was recognized with a newly installed plaque outside the Quiet Mobility Room. TSSA has donated $2.71 million to the hospital.

 

RentCafe: Street Rates Stabilizing

 

National street rates appear to be stabilizing, according to RentCafe’s latest self storage report. After 24 months of price declines, the average rent was $133 in January, up .8% from December.

 

Heitman Invests in Swedish Operator

 

Heitman acquired a majority stake in Servistore, a self storage operator in Sweden with 31 locations. Servistore is the third-largest operator in the country.