Self Storage
Top 5 Markets for Self Storage Development
We’ve identified the top-performing markets based on projects under construction as a percentage of existing stock, drawing on Yardi Matrix data.
Suburban Orlando Storage Facility Trades for $9M
Valley National Bank originated a 10-year, $8 million loan for the purchase of a 770-unit property.
St. John Properties Opens 133 KSF Baltimore Storage Facility
Last year, Truist Bank provided a $21.5 million loan for the development of the fully climate-controlled property.
Southeast Florida Storage Asset Trades for $14M
ServisFirst Bank originated a $10.3 million loan for the purchase of the 78,521-square-foot property.
CSW Development Sells Austin Storage Asset
The new owner received a five-year, $9.2 million acquisition loan from Happy State Bank.
Cedarwood Cos. Debuts 1st Clearwater Storage Property
The developer financed the project with a $6.6 development loan from KeyBank in 2019.
Coldwell Banker Spearheads Oregon Storage Sale
Joel Crosby assisted the seller in the 1031 exchange of a 66,900-square-foot facility in Hermiston.
Cushman & Wakefield Brokers North Carolina Storage Sale
Vice Chairman Mike Mele and Executive Managing Director Luke Elliot assisted the seller of the 63,550-square-foot property.
Absolute Storage Appoints Vice President of Operations
The company has promoted Senior Regional Manager Michelle Dean, who first joined the firm in 2010.
Self Storage Industry Trends
The industry’s ability to adapt and control supply is keeping it stabilized during a difficult economy.