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25

Transactions and Deals: August 25, 2025

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Transactions and Deals: August 25, 2025

 

Developers Open Newark New-Build

 

CrownPoint Group and Lamar Companies opened a new storage facility in Newark, New Jersey’s Ironbound neighborhood. Extra Space Storage will manage the location. 

 

 

Pogoda Rebrands to National Storage Management

 

Pogoda Management Co. has changed its name to National Storage Management Co., creating alignment with its store branding, National Storage. 

 

Owens to Oversee Boardwalk Acquisitions

 

Boardwalk Development Group named Graham Owens as director of acquisitions. 

 

Etude, San Felipe Secure Financing for Assets

 

Etude Capital and San Felipe Financing secured $115.2 million through Bank of America to purchase nine self storage facilities across California and Nevada. 

 

InSite Plans Long Beach Storage

 

InSite Property Group received approval from city council to develop a self storage facility in Long Beach, California. The site has been vacant since 2007, according to the Press-Telegram.

 

Andover Names Yedidia CFO

 

Andover Properties appointed Arad Yedidia as chief financial officer. Andover operates the Storage King USA brand.

 

SmartStop Continues SSM Cloud Implementation

 

SmartStop Self Storage REIT, Inc. has continued to scale the use of Self Storage Manager since its successful public offering in April. SSM Cloud is now implemented in more than 220 SmartStop locations. 

 

Multiple Locations Rebranded to iStorage

 

A total of 38 Moove In Self Storage properties under the management of Investment Real Estate Management will rebrand to iStorage, a brand owned by National Storage Affiliates. IREM will continue to provide management. 

 

Store Space Opens Near Detroit

 

Store Space Self Storage opened Store Space Taylor in Taylor, Michigan. 

 

Marcus & Millichap Handles Sales

 

Marcus & Millichap brokered the following sales:


•    Oakdale Self-Storage in Oakdale, New York.
•    Ada Attic Self-Storage in Ada, Michigan, to Prestige Storage.

 

Erbs Named EquiCap Director

 

Alex Erbs has joined EquiCap Commercial as a director. Erbs previously founded Erbs Management Group and Gateway Storage.  

 

ACD Buys in Utah

 

Denver-based ACD acquired a self storage facility in West Haven, Utah. 

 

StorageBlue Names CTO

 

StorageBlue appointed Matt Mrowicki as chief technology officer.

 

 

 

 

 

 

| Categories: | Tags: CrownPoint Group, National Storage Management Co., Boardwalk Development Group, Etude Capital, InSite Property Group, Andover Properties, Self Storage Manager, Moove In Self Storage, Store Space Self Storage, Marcus & Millichap, EquiCap Commercial, StorageBlue | View Count: (256) | Return

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