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.
StorageMart, which operates more than 200 self-storage properties across Canada, the United Kingdom and the United States, has acquired Move It Self Storage in San Antonio. It’s the company’s fifth location in the area, according to a press...
Compass Self Storage, a member of the Amsdell family of companies, has acquired Stor-All in Acworth, Ga. The company now operates 16 locations in Greater Atlanta and 85 nationwide. The purchase was made by separate affiliates of Amsdell Group LLC...
Real estate developer and owner Ziff Properties Inc. has acquired A Dent in the Attic Self Storage in Tallahassee, Fla. The property at 2420 Monticello Drive will be managed by self-storage real estate investment trust CubeSmart and branded under...
Columbia Storage Group (CSG), which operates 17 self-storage facilities in New Jersey, New York and Pennsylvania, has acquired four facilities in New York’s Rondout Valley. Together, the properties comprise 64,000 square feet in more than 550...
Self-storage supply in Northwest Arkansas has grown 19 percent during the last four years, growing by more than 1 million square feet, according to a report from news website “Talk Business & Politics.” The growth has been concentrated in...
