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Transactions and Deals: January 24, 2020
Mesa, AZ, facility sells to Prime Storage Group; Miami moving toward storage moratorium; SD mall to transform to storage; St. Joe Co. plans FL storage development; PA developer rolls a strike on bowling alley conversion; Storage planned for Los Angeles Op Zone; CMBS lending increased 28% in 2019; BETCO improves its Model 500 door; MO storage sells to KC firm; Lindsey brokerage names associate in Europe; Yardi: 1.7% street rate decline over 2019; LeClaire Group sells 12-property MI portfolio
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| Categories: | Tags: Self Storage With More, moratorium, Miami, Mitchell Storage, South Dakota, StorHouse Self Storage, Staley Point Capital, CMBS lending, BETCO, Kansas City, Lindsey Self Storage Group, Yardi Matrix, Simply Self Storage, The LeClaire Group | View Count: (541)
Transactions and Deals: January 10, 2020
FL’s Guardspace sells; Urban Self Storage sues over moratorium; CSD Realty brokers deals in TX; Developer plans AR storage and business center; Marcus & Millichap sells storage in TX, WA; Supply dampens street rates: Yardi; Developer plans storage in Chicago suburb; Argus updates name; Adams developing storage in NC
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| Categories: | Tags: Guardspace Self Storage, Urban Self Storage, Lawsuit, Storage Station Self Storage, Point Blank Storage, Equity Storage, Wil-Shar Steel, Marcus & Millichap, Supply, Yardi, Store More, Argus Self Storage Advisors, Winston-Salem, Monster Self Storage | View Count: (224)
Transactions and Deals: October 2, 2019
US Storage Centers opens Compton; GA town approves storage; Extra Space finds education partner with WGU; Clutter makes real estate play; Yardi reports declining street rate growth; First Neck buys FL development; AL town approves StoreEase plans; StorQuest opens near UF; MS developer plans CubeSmart in AL; Talonvest secures refi for Metro; Jernigan buys 5 MCSS properties; Box Storage construction underway in TN; The Storage Group releases Performance Dashboard; PAG Investments launches storage ...
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| Categories: | Tags: US Storage Centers, Sandy Springs, Georgia, Western Governors University, Clutter, Yardi Matrix, Snapbox, StoreEase Development, StorQuest, Metro Storage, Jernigan Capital, The Storage Group, Heritage Self Storage, Pompano Beach, SVN National Self Storage | View Count: (964)
Transactions and Deals: April 19, 2019
Developer opens new Savannah self storage; Marcus & Millichap sells WA canal-front facility; CA bowling alley to be converted; Life Storage names leaders; Extra Space named among best employers; U-Haul to convert PA post office; BSC Group completes $71 million loan; Roanoke, VA, set for storage addition; St. Louis suburb set for 3 new storage projects; Talonvest recognized for support of children’s charity; Yardi report shows robust development; GreenSpace plans Houston-area storage
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| Categories: | Tags: Savannah, All Star Self Storage, Sonora Family Bowl, Extra Space, post office, The BSC Group, Virginia Varsity Storage, Belleville, Illinois, Talonvest Capital, Yardi, GreenSpace | View Count: (444)
Transactions and Deals: April 10, 2019
Jenkins building in West Austin, TX; Yardi introduces Yardi Breeze; Carr named president of MCSS Development; Vacant MA property to be converted to storage; G5 releases solution to drive digital ad conversions; Canadian Dymon Storage partners with Janus Itl.; Kent restricts future self storage; U-Haul developing in North Las Vegas; Life Storage buys in Tampa; Public Storage buys Happy Boxes portfolio; Guidance available through subscription service; Lockaway storage underway in CO; Discount Stor...
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| Categories: | Tags: Jenkins Organization, Yardi Breeze, The Norwood Group, G5, Dymon Storage, Kent Washington, North Las Vegas, Tampa, Happy Boxes, Ask The Storage Experts, Lockaway Self Storage, Discount Storage | View Count: (750)
Transactions and Deals: March 26, 2019
Storage Deluxe plans CT conversion; Shader of Personal Mini passes away; Bellomy sells Texas storage; Lindsey brokers NC sale; TSG names Lucas CEO; Wentworth adds 8 to portfolio; SkyView brokers sale of Tampa facility; Yardi Matrix releases report on development; Bluebird opens in NH; Westport goes all in on INSOMNIAC; Talonvest negotiates financing for Leon Capital; Upstate NY gets new Always Lock; Madison Self Storage opens in TN; BSC Group arranges financing for 3 deals; Arkansas storage faci...
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| Categories: | Tags: Storage Deluxe, Personal Mini Storage, Bellomy & Co., Lindsey Self Storage Group, The Storage Group, Wentworth Storage Company, SkyView Advisors, Yardi Matrix, Bluebird Self Storage, Westport Properties, Always Lock Self-Storage, Madison Self Storage, BSC Group | View Count: (1282)
Transactions and Deals: January 28, 2019
Five Star adds 14th store; Public Storage buys in CO; SkyView advises on NJ, TN, NC sales; Lock America Unveils Flat Door Security Hasp; 2 NorCal projects moving forward; Go Store It plans VA project; Marcus & Millichap advises on sales in 5 states; Devon promotes Dodge to oversee construction; Developer gains approval for Ohio facility; New IL self storage approved; Yardi research reveals drivers for storage demand; Soesbe named Rosewood general counsel; Talonvest Capital offers 2019 market exp...
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| Categories: | Tags: Five Star Storage, SkyView Advisors, Lock America, Charlottesville Virginia, Mele Group, Devon, Blue Ribbon Self Storage, Yardi Data, The Rosewood Corporation, TalonVest, Public Storage | View Count: (1133)
Transactions and Deals: January 8, 2019
Go Store It goes island hopping; West Coast gains contract; New inventory drives down US rents; Canadian City Halts Storage; 10 Federal raises money, buys in VA; PA town approves new storage; Moove In expands in PA; Russell, Boyle take helm; Jernigan Capital buys out partner; ARCO/Murray completes TX facility; Tyson joins ASM; Developer plans Target conversion; Storage sells in The Hamptons; Developer plans Albany-area storage
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| Categories: | Tags: Nantucket, Go Store It, West Coast Self-Storage Group, Yardi Report, Vancouver moratorium, Store-It-Right, East Union Township, Moove In Self Storage, Public Storage, Jernigan Capital, ARCO/Murray, Absolute Storage Management, The Hamptons, Albany NY | View Count: (1137)
Transactions and Deals: April 6, 2018
Sentry Develops 2 in Florida; Cleveland Grocery to be Converted; CubeSmart Headed to Bend; U-Haul Plans Alabama Conversion; SPM Opens Chicago Facility; SST IV Buys in California; Talonvest to Host Owners Summit; Public Storage Expands in NC; Texas Co. Plans 10 in Austin; Storage Approved in Santa Maria; Prospectus to Build Stamford CubeSmart
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| Categories: | Tags: Sentry Self Storage, Dealpoint, Cleveland, Bend Oregon, New Valley Construction, U Haul, SPM Advisors, Alabama, Yardi Matrix, CubeSmart, Ron Havner, Strategic Storage Trust, Public Storage, Jenkins Organization, Great America Self Storage, Colliers International, Stamford | View Count: (1626)
SSA Special Report: Industry Hurricane Update
Over the course of two weeks in August and September, Hurricanes Harvey and Irma made landfall in southeastern Texas and across the state of Florida, causing catastrophic flooding and damage in two of the largest states for self storage. Following is news of the ways operators dealt with the dual disasters and how others responded to the need for help.
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| Categories: | Tags: Westy Self Storage, Hurricane Irma, Hurricane Harvey, Florida, Texas, Yardi, U Haul, SpareFoot, Extra Space, Public Storage, Life Storage, Metro Storage, Lockaway Storage, Emergencies, CubeSmart, National Storage Affiliates | View Count: (1761)
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