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Wentworth Storage Co. Purchases Self-Storage Facility and Land for Expansion in Tigard, OR

Commercial real estate firm Wentworth Storage Co. LLC (WSC) has purchased a self-storage facility in Tigard, Ore., as well as 2 acres of adjacent land to expand the site. The company acquired 217 Storage at 11708 S.W. Warner Ave. for $4.2 million and p…

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Big Byte Insights Launches Self-Storage Development Tracker

Big Byte Insights Inc., a New York-based provider of stock-market data analysis, has launched a crowdsourcing platform designed to map and track self-storage development activity across the United States. The free dashboard was launched with data sourc…

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Advancements in Unattended Self-Storage Operation: Technology and Opportunity

Unmanned sites are the next wave in self-storage development and operation, and even though challenges can arise, the opportunity for growth is too enticing to ignore. Here are some opportunities presented by new technology and several success stories …

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Real Estate Roundup Self-Storage Transactions April 2017

Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Fol…

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Rockford Construction Affiliate Acquires Self Storage Downtown GR in Grand Rapids, MI

An affiliate of construction, development and property-management firm Rockford Construction Co. Inc. has acquired a mixed-use development in Grand Rapids, Mich., that includes Self Storage Downtown GR. 7th Street Lofts at the corner of 7th Street and …

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Marcus & Millichap Releases Mid-Year US Self-Storage Investment Forecast Report

Marcus & Millichap, a commercial property-investment firm serving the self-storage industry, has released a self-storage investment forecast report for the first half of 2017. The 57-page digital publication offers analytical insight to the sector …

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Jernigan Capital Co-Invests $69.6M in 7 Self-Storage Projects

Update 6/19/17 – Jernigan Capital has made a fourth co-investment with Phillips Development & Realty. The bank has committed $10.3 million toward a proposed 73,500-square-foot self-storage facility in St. Petersburg, Fla. The multi-story faci…

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Lockaway Self-Storage Video Sells Value Proposition With Hip-Hop Jingle

This video from Texas-based self-storage operator Lockaway Storage begins from the customer perspective—driving up to the facility and walking through the front door—before closing with a hip-hop jingle that sells the company’s v…

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W. P. Carey Appoints Brian Boulter Director of Self-Storage

W. P. Carey Inc., a global net-lease real estate investment trust (REIT) that owns 211 self-storage facilities in 29 states, has hired Brian Boulter as director of self-storage. Boulter will be responsible for overseeing the management of the company&r…

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UK Self-Storage Operator Lok’nStore Releases Interim Financial Results for First Half of Fiscal 2017

U.K. company Lok’nStore Group PLC, which provides self-storage and records-storage services, released interim financial results for the first half of its 2017 fiscal year, which ended Jan. 31. The company reported total revenue of £8.34 million, …

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