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Hines Drops $91M On LA-Area Self-Storage Property
News

Hines Drops $91M On LA-Area Self-Storage Property

... Lawless mentioned that Hines had just made its first self-storage purchase in California.  “From identifying the ideal location to ... release from CBRE.  CBRE's self-storage advisory team represented the seller. Data on self-storage shows that what began as a ...

Oct 02, 2024
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A professional portrait of Spartan Investment Group co-founder, president and chief investment officer Ryan Gibson in a blue suit standing in his office.
News

Denver-Area Investor Betting Big On Self-Storage

... under pressure to rebalance their portfolios and are offloading self-storage facilities, creating opportunity for groups like Spartan. Gibson ... renting or renovating their homes,” they may not need self-storage space,” he said.  But with interest rates seeing ...

Jan 15, 2025
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This Week's Atlanta Deal Sheet: Coro Embarking On 4 Self-Storage Projects
News

This Week's Atlanta Deal Sheet: Coro Embarking On 4 Self-Storage Projects

... Fransen said the firm targeted markets where entitlement for self-storage facilities is difficult to obtain in hopes of staving ... four years, according to a Marcus & Millichap report.  The self-storage vacancy rate in Atlanta is expected to rise this year ...

Apr 18, 2024
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Real Estate Heavyweights Fight It Out For £1B Self-Storage Platform
News

Real Estate Heavyweights Fight It Out For £1B Self-Storage Platform

... QuadReal Property and Shurgard are among the bidders for Access Self Storage, Sky News reported. The company appointed JPMorgan Chase last ... market capitalisations of £1.9B and £1.3B, respectively.  Self-storage is a niche real estate sector in the UK, but ...

Jan 31, 2025
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Hines To Develop 2 Self-Storage Projects In North Texas
News

Hines To Develop 2 Self-Storage Projects In North Texas

... deliver the Class-A facilities, the Custer Self-Storage in Frisco and Jupiter Self-Storage in Garland, later this year, the ... ’s DFW portfolio to 16 self-storage locations. "These latest additions to our DFW self-storage portfolio are a direct response ...

Feb 22, 2024
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self-storage, storage unit
News

The Pandemic Boom Over, Self-Storage Returns To Steady Growth

... In January, Prime Group Holdings closed its third self-storage fund, Prime Storage Fund III, which totaled $2.5B, well ... largest private owners of self-storage in North America, owning and operating over 320 self-storage facilities representing about 180, ...

Mar 05, 2023
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Formerly Struggling Houston REIT Jumps On The Self-Storage Bandwagon
News

Formerly Struggling Houston REIT Jumps On The Self-Storage Bandwagon

... of the idea to pivot to self-storage,” he said. “When you look at self-storage, you see that not only ... the nation's largest self-storage operator, surpassing Public Storage. Public Storage owns 12% of net rentable self-storage space nationwide, while Extra ...

May 02, 2023
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Firm That Raised Largest-Ever Self-Storage Investment Fund Fined $20.5M By SEC
News

Firm That Raised Largest-Ever Self-Storage Investment Fund Fined $20.5M By SEC

... contractors and its own employees to secure off-market self-storage transactions for Prime Group, collecting between 1% and 3 ... Prime Group's investment activity, which has focused on self-storage and manufactured housing, has only grown. It closed on ...

Sep 05, 2023
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Public Storage, self storage
News

BREIT Selling Simply Self Storage To Public Storage For $2.2B

... inked a deal to sell Simply Self Storage to Public Storage for $2.2B. Simply Self Storage's portfolio consists of 127 properties ... years through $10.6B of acquisitions and development. The self-storage industry grew rapidly leading up to the pandemic and ...

Jul 24, 2023
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Rapid In-Migration, Multifamily Development Driving Dallas To New Heights In Self-Storage
News

Rapid In-Migration, Multifamily Development Driving Dallas To New Heights In Self-Storage

... stuff, they’re going to need to rent storage.”  Nearly 70% of self-storage development occurring in the Metroplex is located in ... exception of Houston, DFW has the cheapest street rate for self-storage of all major metros, according to RentCafé.  Mele said ...

May 26, 2022
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