Self Storage
DealPoint Merrill Pays $4M for Former Kmart in Iowa
The new owner plans to repurpose the asset into a Class A self storage facility with 1,125 units.
SROA Capital Buys 16-Property Storage Portfolio
The assets comprise more than 850,000 square feet of storage space across Connecticut, Massachusetts and Rhode Island.
Alliant Credit Union Provides $30M in Loans for Storage Portfolios
The company originated three senior notes for three separate portfolios in Michigan and South Carolina.
Sacramento StorQuest Opens Doors
The William Warren Group broke ground on the nearly 55,000-square-foot self storage facility last fall.
Buchanan Street Partners Moves Into Self Storage
With a new platform and plans to deploy as much as $500 million in the next five years, the company has also brought in an executive with substantial experience in the sector.
Matthews Brokers South Texas Self Storage Sale
Austin McLeod, Johnny Blue Craig and Bill Pedersen facilitated the disposition of the 37,430-square-foot asset in Brownsville.
Publix to Expand $400M Greensboro-Area Warehouse Project
The grocery chain will add a 1.2 million-square-foot dry goods warehouse to an in-progress 1 million-square-foot refrigerated facility.
CubeSmart Strikes $540M NYC Self Storage Deal
The blockbuster transaction will add nearly 800,000 rentable square feet to the storage giant’s platform in Queens, Brooklyn and the Bronx.
Self Storage Rents Show Significant Improvement
The year-over-year street rate performance was positive for the first time since 2017.
Blackstone to Pay $1.2B for Simply Self Storage
The company last traded in 2016, when Brookfield Asset Management acquired it for $830 million.