Acquisitions/Buying

Morningstar Properties LLC, which operates self-storage facilities under the Morningstar Storage brand, has formed a joint venture with Starwood Real Estate Income Trust Inc. (SREIT), a non-listed real estate investment trust (REIT) managed by a...

Update 1/5/22 – HPI Real Estate Services & Investments has closed funding for its third self-storage investment fund. Fund III will initially pursue development and select acquisition opportunities in Florida, Nevada and Texas, according to a...

Global real estate investment-management firm Heitman LLC and self-storage real estate investment trust (REIT) and management company Life Storage Inc. have formed a joint venture to acquire 13 recently constructed self-storage facilities across...

Update 12/9/21 – TIAA affiliate Nuveen Real Estate has acquired 92.4% of Sweden self-storage operator 24Storage through unconditional share purchase agreements and the Nov. 29 mandatory public offer to buy all outstanding shares. The purchase is...

Global real estate investment-management firm Heitman LLC has acquired the three-property All Seasons Self Storage portfolio in Germany. The facilities are in Oldenburg, Osnabruck and Porta Westfalica. The purchase is in line with Heitman’s global...