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.
Stor-Age Property REIT, which operates self-storage facilities in South Africa and the United Kingdom, has agreed to acquire 12 properties that are currently part of its management portfolio. The company will purchase Roeland Street Investments 2 ...
Update 9/12/18 – Second Closet has closed another round of funding, this time raising $2.04 million to fuel expansion to Vancouver, British Columbia, Canada. The valet self-storage operator has now raised more than $2.5 million in a little...
Public Storage Inc., a self-storage real estate investment trust, has acquired Summerville Self Storage in Summerville, S.C. The property at 11055 Dorchester Road is 23 miles northwest of Charleston, S.C. Built in 2007 and expanded last year, it...
As a property-depreciation strategy, cost segregation can make a lot of sense. Check out the answers to these 10 common questions to see how this real estate tax-reporting approach applies to self-storage.
When pursuing a self-storage investment, having financial backing and support from private investors can provide flexibility and longevity in exploring deals and building a winning portfolio. Thankfully, there are billions of dollars in private...
Iron Guard Storage, which operates 20 self-storage facilities in nine states, has acquired Washington Avenue Mini-Storage in Evansville, Ind., its first in the state. The property at 4619 Washington Ave. is near the intersection with Green River...
