In a massive show of strategic expansion, The Inland Real Estate Group of Companies, Inc., one of the largest commercial real estate and financing companies in America, has announced an agreement to acquire a majority interest in Devon Self Storage Holdings (US) LLC, a top-tier privately-owned national self-storage operator. The announcement was made in an…
In a recent development, The Storage Acquisition Group (TSAG) has reported completing U-Lock Mini Storage’s sale in Burnaby, BC. With its attractive location at 4240 Manor Street, this prime self-storage facility caters to a growing residential population and provides convenient access to major highways. The effortless availability of 1,083 indoor climate-controlled storage units and 68…
The performance of the FTSE Nareit U.S. Real Estate Index Series is always a topic of interest and discussion among real estate enthusiasts and industry players. To demystify the statistics and forecasts, Nareit, the worldwide representative voice for REITs, real estate companies, and professionals worldwide, presents an enriching webinar shedding light on the 2023 Q4…
In a recent article, Seeking Alpha contributor Jodi Jacobson brings Public Storage (NYSE:NYSE: PSA), a leader in the self-storage sector, into focus. The author paints an informative picture for potential investors by navigating us through the company’s resilience to macroeconomic events, sustained demand, and expected returns based on the current share price. Public Storage, one…
Online reviews are rapidly evolving in the self-storage industry as a necessary catalyst for converting goodwill into profitability. In the upcoming webinar organized by TSG, engagement with a panel of industry experts awaits participants. Offering insights into the dynamics of online reviews and their undeniable influence over a facility’s profitability, the webinar is an event…
In a move that reaffirms the continued growth of the self-storage industry, a SecurCare self-storage facility in Greensboro has been purchased for $4.06 million. The buyer, identified in a filing with the Guilford County Register of Deeds as SROA 3730 W. Wendover NC, LLC, is an affiliate of West Palm Beach’s SROA Acquisitions, LLC. The…
Inside Self-Storage published a comprehensive overview of the acquisitions and sales within the self-storage real estate niche in January 2024. Authored by their market research team, the report details several high-profile transactions, offering valuable insights into the industry trends and investment strategies of key players. Among the notable transactions was Silver Star Properties REIT Inc.’s…
In what can be considered a green renovation, the self-storage company Goes Store It, an affiliate of Madison Capital Group has breathed life back into an old office building. The ambitious project is in Pensacola, Florida, where Go Store It has opened a new adaptive reuse self-storage facility. According to Yardi Matrix data, the two-story…
The blog post, written by a self-storage sector analyst, takes an in-depth look at the operations and prospects of Public Storage (NYSE: PSA), a reputable self-storage REIT. This timely insight into the current market dynamics reveals why Public Storage is considered an attractive prospect for investors. The article was published on Seeking Alpha. The post…
Self-storage sector stalwart Copper Storage Management (CSM), a third-party management firm recognized for its automation power, announced the appointment of Jacob Copper as its new CEO. The announcement follows the retirement of prolific industry veteran Terry Campbell, who will continue contributing to the company as part owner and advisor. Scheduled for effect from Feb. 2,…
