Acquisitions/Buying

Update 3/19/20 – Public Storage has withdrawn it’s bid to acquire NSR due to market conditions affected by the coronavirus pandemic. NSR officials characterized the bid withdrawal as a pullback “at this time.” It’s unclear if Public Storage may...

National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has agreed to acquire SecurCare Self Storage Inc., its largest participating regional operator (PRO). Valued at $220 million...

Update 2/21/20 – Shurgard has closed on its acquisition of the Flexistockage properties in Central Paris and Villepinte. The company will continue to operate the other two Flexistockage locations it began managing in November...

Jernigan Capital Inc. (JCAP), a merchant bank and advisory firm serving the self-storage industry, has acquired development-partner interests in eight projects it recently financed. On Feb. 14, it took full ownership of two facilities in Boston...

Update 12/23/19 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in December 2019...

Update 11/27/19 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in November 2019...