National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has released its financial statement for the quarter that ended March 31, 2016, showing gains in key areas including core funds from …
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National Storage REIT to Acquire Self-Storage Facility in South Melbourne, Australia
Australian self-storage operator National Storage REIT (NSR) has agreed to purchase a four-story self-storage facility in South Melbourne, Victoria, for $12.5 million. It will be rebranded as National Storage South Wharf due to its proximity to establi…
SmartStop Asset Management CEO Honored as Silver Stevie Award Winner
H. Michael Schwartz, CEO and chairman of SmartStop Asset Management LLC, a diversified self-storage real estate company, was recently named the winner of a Silver Stevie Award in the “Executive of the Year” category for real estate in the 1…
SmartStop Asset Management CEO Honored as Silver Stevie Award Winner
H. Michael Schwartz, CEO and chairman of SmartStop Asset Management LLC, a diversified self-storage real estate company, was recently named the winner of a Silver Stevie Award in the “Executive of the Year” category for real estate in the 1…
Storage Pros Management Acquires 12 New England Self-Storage Facilities
Storage Pros Management LLC, which owns and manages 25 self-storage facilities in six states, has acquired 12 New England-area facilities comprising more than 575,000 rentable square feet. The properties, in Connecticut, Massachusetts and Rhode Island,…
Self-Storage Association Asia Appoints New Chair
Self Storage Association Asia (SSAA), a trade association dedicated to assisting self-storage operators and industry suppliers working in emerging markets along the Pacific Rim, has appointed Helen Ng as its new chair. Ng is CEO of General Storage Comp…
Crow Holdings Capital Real Estate Enters Self-Storage Investment Market
Crow Holdings Capital Real Estate (CHCRE), a Dallas-based asset manager of private-equity real estate funds, has entered the self-storage sector with an investment strategy to develop new facilities and acquire existing properties. As of April 1, CHCRE…
Tax-Capture Plan Could Allow Self-Storage Developer to Use Contaminated Site in Holland, MI
A tax-capture plan passed unanimously last week by the Holland Township, Mich., Board of Trustees could enable self-storage developer Jon Bryant to open Lake Macatawa Storage on a contaminated property that once belonged to chemical company BASF Corp. …
Strategic Storage Trust II Buys Storage West Self-Storage Facility in Port St. Lucie, FL
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 purchased Storage West in Port St. Lucie, Fla. The property at 525 S.W. South Macedo Boule…
Metro Storage Wins Planner Approval for Self-Storage Facility in Naperville, IL
Update 8/16/16 – Metro Storage is moving forward with its planned Naperville project in partnership with Fremont Realty Capital, the real estate merchant-banking arm of Fremont Group. The facility will comprise 92,000 gross square feet and is now…