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Monthly Archives: August 2016

StorageVault Canada Agrees to Buy 2 Self-Storage Facilities for $19M

Canadian self-storage operator StorageVault Canada Inc. has agreed to buy a self-storage facility in Calgary, Alberta, and another in Ottawa, Ontario, in separate transactions for more than $19 million. The company also announced it is negotiating to p…

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Strategic Storage Trust II Acquires 3 Las Vegas Self-Storage Facilities

Update 10/12/16 – SST II has acquired a third self-storage property in Las Vegas. The property at 6318 W. Sahara Ave. comprises 82,200 rentable square feet in 640 units, according to the source. It was purchased from Pegasus Group, a real estate …

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Strategic Storage Trust II Acquires Las Vegas Self-Storage Facility From Storage Direct

Strategic Storage Trust II Inc. (SST II), a public, non-traded, self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has acquired a self-storage facility in Las Vegas. The former Storage Direct at 590 E. Silvera…

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Get The Leading Publication for Self-Storage Professionals!

The Inside Self-Storage monthly magazine is the leading publication that helps owners, managers, investors and developers succeed in the self-storage business. Subscribe today for just $99!

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Little Changes That Make a Big Impact: Becoming a Better Self-Storage Manager

The role of the self-storage manager is changing, so it’s time to get with the times. Here are small changes managers can make that will have a big impact on their role within their company and the success of their facility.

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Little Changes That Make a Big Impact: Becoming a Better Self-Storage Manager

The role of the self-storage manager is changing, so it’s time to get with the times. Here are small changes managers can make that will have a big impact on their role within their company and the success of their facility.

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Andover Properties/Storage King USA Acquires North Main Self Storage and Froggy’s Car Wash in Summerville, SC

Andover Properties LLC, a private real estate investment company, has acquired North Main Self Storage and the adjacent Froggy’s Car Wash in Summerville, S.C. It’s the company’s first foray into the carwash industry, which it intends …

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Public Storage Buys Southlands Self Storage in Aurora, CO, for $8.6M

Public Storage Inc., a self-storage real estate investment trust (REIT), has purchased Southlands Self Storage in Aurora, Colo., for $8.6 million, or $155 per square foot. The property at 5900 S. Gun Club Road is adjacent to shopping centers and across…

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National Storage Affiliates Trust Buys 22-Property California Self-Storage Portfolio From W. P. Carey Affiliate

National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has acquired a 22-property self-storage portfolio in California from CPA:17 – Global, a publicly held, non-traded REIT managed …

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Self-Storage Operator Morningstar Properties Appoints New Chief Investment Officer, Finance Associate

Morningstar Properties LLC, which operates self-storage facilities under the Morningstar Mini-Storage brand, has appointed Matthew J. Shapiro as its new chief investment officer and hired Mary A. Cummings as finance associate.

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