Millennials On The Rise in Self-Storage Market

The self-storage sector is witnessing a notable change in its user demographic, according to a recent report covered by Bozeman Daily Chronicle. The study indicates a significant upswing in the number of younger people resorting to storing items in such facilities. In the tide of moving households or simply accumulating souvenirs, Millennials are occupying an…

Read More

Exploring Today’s Self-Storage Landscape: Innovations, Challenges, and Milestones

Today’s update from the self-storage industry brings a mix of critical incidents and strategic developments. We navigate through stories of thefts, devastating fires, significant acquisitions, and steps towards sustainability. This post offers insights into the challenges and innovations currently shaping this dynamic sector. Join us in exploring the defining moments of today’s self-storage landscape. Theft…

Read More

Buchanan Street Partners Engages New Vice President for Self-storage Acquisition Team

California-based real estate investment and management firm Buchanan Street Partners LP has bolstered its executive ranks by joining Jon Suddarth as Vice President of its self-storage acquisition and development team. With his appointment, Suddarth is set to oversee business opportunities in various locations, such as the California Bay Area, Colorado, and the Pacific Northwest. Suddarth’s…

Read More

SecureSpace Self Storage Debuts a New Facility for Philadelphia’s Underserved Market

SecureSpace Self Storage has made noteworthy deliverables in its business expansion endeavors with the grand opening of its state-of-the-art facility—SecureSpace Philadelphia Grays Ferry. In a recent press release issued via GLOBE NEWSWIRE, the company expressed excitement for the new facilities located at 3114 Grays Ferry Avenue. Nestled strategically in the heart of Philadelphia, PA, this…

Read More

AI: Revolutionizing the Self-Storage Landscape

Brought to you by Scott Meyers, a veteran of the self-storage industry and an active influencer on Twitter, is an exciting take on the future of self-storage. Meyers, known as the @SelfStorageGuy on Twitter, recently shared a post highlighting how artificial intelligence (AI) continues revolutionizing various sectors, including the self-storage landscape. Incorporating AI technology into…

Read More

Rising Momentum in Self-Storage Property Deals Indicates Sector’s Robust Health

Compiled from a report on List Self Storage, the post provides detailed insights into each transaction, offering information about the properties, their locations, their buyers or sellers, and the brokers and brokerages involved. It emphasizes opportunities for revenue growth, future expansion, and adopting new technologies and strategies. One of the notable transactions featured in the…

Read More

High-Stakes Acquisition: Self-Storage Company Shells Out $500K Per Acre in North Carolina

In a significant development for the self-storage industry, Storage Rentals of America, a leading provider of rental spaces, has reportedly purchased a high-ticket property in North Carolina for $500k per acre, as broken by The Business Journals. The deal has raised eyebrows for its price, underscoring the escalating value of land in storage-industry acquisitions. This…

Read More

Navigating the Self-Storage Market: Lloyd McDonald Facilitates the Successful Acquisition of U-Lock Mini Storage in Burnaby with Sleekness

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…

Read More