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Self-Storage Real Estate Firm BayView Advisors Forms Capital Markets Group

BayView Advisors (BVA), a Tampa-Fla.-based investment-sales and advisory firm focused on the self-storage industry, has formed the BayView Capital Markets Group to provide clients with guidance and solutions for debt placement, equity placement, financ…

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Domestic-Violence Suspect Hides From Police in Healdsburg, CA, Self-Storage Unit

A man wanted on a felony warrant for allegedly attacking and injuring his girlfriend with a machete barricaded himself in a Healdsburg, Calif., self-storage unit on Aug. 31 for 12 hours before police were able to take him into custody. Officer Frank Pa…

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A-Plus Mini Storage Opens Self-Storage Facility in Rock Falls, IL

Self-storage owner Phillip McDermott this week opened A-Plus Mini Storage in Rock Falls, Ill, just three months after purchasing the land to build the business. The facility at 1805 Industrial Park Road sits on 3 acres and currently offers 30 large sto…

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Self-Storage REIT National Storage Affiliates Trust Declares 3Q 2015 Dividend

The board of trustees for National Storage Affiliates Trust (NSAT), a Colorado-based real estate investment trust (REIT) specializing in self-storage, has declared a second-quarter dividend of $0.19 per common share.

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SuperStorage Operator Buys Lakeside Self Storage in Lakeside, CA, for $2.8M

Lakeside Self Storage in Lakeside, Calif., recently sold for $2.8 million to Lakeside Storage I LLC, a California-based limited-liability company that operates 12 SuperStorage locations in the Central Coast and Southern California. The 266-unit propert…

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National Storage REIT of Australia to Acquire Self-Storage Facility in Cairns, Queensland

Australian self-storage operator National Storage REIT (NSR) has agreed to purchase a storage facility in Cairns, Queensland, for $9.9 million. The unnamed property comprises more than 5,200 square meters of rentable space in 550 units. The deal is exp…

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Stack-It Storage Enters Self-Storage Business With Purchase of Huffman, TX, Facility

Stack-It Storage Inc., a Houston-based self-storage business, has closed the acquisition of its initial operating facility in the storage industry. It will be owned by a newly-formed subsidiary of the company and operated under the brand Stack-It …

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Self-Storage REIT Public Storage Holds Out Against San Francisco Residential Land Grab

While nearly all businesses in the vicinity of Market Street and Van Ness Avenue in San Francisco have sold their property to make way for hundreds of housing units desired by city planners, self-storage real estate investment trust (REIT) Public Stora…

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Prime Group Holdings Seeks $100M in Equity Funding to Expand Self-Storage Portfolio

Prime Group Holdings, a New York-based real estate group that owns self-storage and other commercial and residential property, is seeking $100 million through a private-equity fund, which it intends to use to acquire additional self-storage assets, acc…

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Self-Storage Operator Derrel’s Mini Storage Offers Land for Fresno County, CA, Animal Shelter

Update 4/14/16 – Self-storage owner Derrel Ridenour of Derrel’s Mini Storage has added a $3 million cash donation to his 4-acre land offer to help Fresno County build a new animal shelter. While the board of supervisors this week appeared w…

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