News

Update 6/6/22 – SSSR and SSGT II have completed their merger. The combined companies have a portfolio of 152 wholly owned self-storage facilities comprising 11.7 million rentable square feet in 102,000 units...

Self-storage owner Brandon Michael Gray, 40, faces felony charges after being arrested three times since February for allegedly breaking into rented units and stealing tenants’ stored belongings. Gray owns East Asheville Storage in Swannanoa...

StoreLocal, which operates more than 30 self-storage facilities in Australia, has purchased official naming rights for the Queensland Rugby Union (QRU) “Hospital Cup” competition. The partnership is for the remainder of the men’s 2022 season...

A man and a woman were found shot to death on Saturday at a self-storage facility in Charleston, South Carolina. Police responded to a call around noon and found the bodies at the Public Storage facility at 2363 Ashley River Road in the West...

Police arrested a man last week after spotting him breaking into a unit at Axis Self-Storage in Hazleton, Pennsylvania. Officers were patrolling 1000 S. Church St. Rear after a rash of thefts occurred at the property, according to the source...

Absolute Storage Management (ASM), a self-storage owner and property-management firm, has announced its operating results for the first quarter, which ended on March 31. The company increased same-store revenue by 18.3% and gross potential income...

Lindsey Self Storage Group (LSSG), which specializes in self-storage brokerage, development and management, has hired Dezmon Fortenberry as a broker. Based in Destin, Florida, he’ll oversee sales in the southeast region. His acute business acumen...

Forge Building Co., a national building company with a focus on self-storage, has moved to a new headquarters in Boise, Idaho. The office at 2785 N. Bogus Basin Road comprises 12,152 square feet, up from 6,000 square feet at its previous location...

U.K. self-storage operator Big Yellow Group PLC released financial results for its 2021 fiscal year, which ended March 31. The company reported same-store revenue of £148.1 million, up 13% year over year. Total revenue for the period was £171.3...

Real estate investment-management firms Barings LLC and Canvass Capital LLC have formed a joint venture (JV) to acquire and develop self-storage in the Southeast. The partnership has already purchased three facilities in the area around Lake...