The process of buying or selling a self-storage facility has become more rigorous as markets have become increasingly competitive and changes in the economy impact property value. Owners and investors looking to acquire need to understand the investing process including due diligence, capitalization rates, appraisals and valuation methods.
Guardian Storage Centers LLC, a participating regional operator (PRO) of National Storage Affiliates Trust (NSAT), has purchased a 5.43-acre parcel in Chandler, Ariz., on which it plans to develop a self-storage facility. The site at 25710 S...
Double Diamond Storage Elwood LLC has purchased Elwood Self-Storage in Elwood, Kan. The property at 510 S. Eighth St. has been rebranded as Double Diamond Storage. It’ll serve customers in the Easton, St. Joseph, Troy and Wathena areas, the...
Phoenix-based U-Haul International Inc., which operates more than 1,500 self-storage facilities across North America, has acquired a newly built facility in Glendale, Ariz., for $10.05 million. The property at 4950 W. Northern Ave. opened in May...
Update 9/14/18 – Fresno County planners balked at moving forward with the FHAS animal-adoption center this week after some residents voiced concerns it would produce foul odors and increase traffic congestion. Though Pacheco indicated he...
Inside Self-Storage (ISS) has released its 2018 Top-Operators Lists, ranking the industry’s top 100 facility owners and top 50 third-party management companies by net rentable square feet. The lists include facility and brand owners...
This slideshow takes you inside the Inside Self-Storage 2018 Top-Operators Lists, looking at notable growth and decline among this year's top 100 facility owners and top 50 management companies. See who's expanding and contracting as well as new...
