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Transactions and Deals: May 14, 2026

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Transactions and Deals: May 14, 2026

 

BreakChain Buys Texas Portfolio

 

JLL Capital Markets brokered the sale of a three-property portfolio in Arlington, Texas, to BreakChain Capital Investments, LLC. 

 

 

 

Heitman Raises $475M, Buys 79 Facilities

 

Heitman acquired a portfolio of 79 storage assets in 16 states totaling almost 5 million square feet after securing $475 million in investments for the sector. 

 

Washington Storage Sets Record

 

A self storage facility in Bellevue, Washington, was purchased by Premier Storage Investors for $51 million, setting state’s biggest storage deal on record.

 

GoodFriend, Davis Cos. Enter JV

 

The Davis Companies and GoodFriend Storage have entered into a joint venture following the acquisition of Syosset Self-Storage in Syosset, New York. 

 

Superior Brokers Mississippi Transaction

 

Superior Capital Advisors brokered the sale of South Vicksburg Self Storage in Vicksburg, Mississippi, which consisted of two facilities. 

 

Store Space Settles Overtime Lawsuit

 

Real Capital Leasing LLC, doing business as Store Space Self Storage in Florida, Texas and New England, has agreed to pay $360,000 to settle a class action lawsuit alleging violations of wage-and-hour laws, including unpaid overtime for store managers and assistant managers between Oct. 2022 and Oct 2025.

 

Baranof Holdings Buys in Nevada

 

Baranof Holdings acquired a storage facility in lease-up in Sparks, Nevada, from a private individual for $8.4 million. 

 

Marcus & Millichap Brokers Texas Deal

 

Marcus & Millichap brokered the sale of A-Alpha Self-Storage in Denison, Texas. 

 

Storage Star Buys in Alaska

 

Colliers represented Storage Star on its purchase of Midtown Self Storage in Anchorage, Alaska. 

 

White Label Improves New York Operations

 

White Label Storage released a case study from a Kingston, New York, facility. Since January 2025, the facility has seen monthly revenue grow by 63%, occupancy climb from 79% to 90% and delinquencies drop from 31.7% to 14%.

 

Guardian Opens in Pittsburgh

 

Guardian Storage opened a second location in Pittsburgh, Pennsylvania, called Guardian Storage Irwin. 

 

Sunbird Readies Facility in North Carolina

 

Sunbird Storage will open a new facility in Mooresville, North Carolina. Williams Development Group and Landmark Builders partnered on the project. 

 

Public Storage Re-Affirms Board

 

Public Storage re-elected 12 trustees at its 2026 annual meeting of shareholders and reappointed Shankh Mitra as chairman. 

 

 

 

 

 

| Categories: | Tags: BreakChain Capital Investments, Heitman, Premier Storage Investors, The Davis Companies, Superior Capital Advisors, class action lawsuit, Store Space Self Storage, Baranof Holdings, Marcus & Millichap, Colliers, White Label Storage, Guardian Storage, Sunbird Storage | View Count: (28) | Return

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