Interview with BMSGRP

We spoke with Eric Blum at the recent SSA Fall Conference and Tradeshow, discussing acqusitions, high rates, and self storage demand.

Storage Post Announces 8th Property Acquisition of the Year

Storage Post Self Storage has announced the purchase of a 107,000 square foot self storage facility in south Linden, New Jersey.

Storage Post Acquires 7th Self Storage Property of the Year

Storage Post Self Storage has announced the purchase of a brand-new ground up self-storage facility in Staten Island, New York - their 7th storage property of the year.

Storage King UK continues expansion with latest acquisition

[Storage King UK](https://www.radiusplus.com/keyword/storage king) continues expansion with the acquisition of four-property portfolio with properties in Banbury, Wednesbury, Frome and Amesbury.

StorageMart opens new location in Idaho

StorageMart opens third Idaho location with acquisition of the 5 Mile Storage Company in Boise.

Compass Self Storage expands portfolio with acquisition of 2 properties

2 new properties bolster the portfolio of Compass Self Storage

New Acquisition for Apple Self Storage

Apple Self Storage acquires self storge facility in Parry Sound

StorageBlue's latest acquisition

StorageBlue have annouced their latest acquisition in Teaneck

CubeSmarts Latest Acquisition

CubeSmart bolsters their portfolio with the closing of the [Storage West Acquisition](https://www.radiusplus.com/keyword/storage-west-acquisition)

StorageMarts $3 billion Acquisition

This week the self-storage industry witnessed one of the biggest deals of the year with StorageMarts acquisition of Manhattan Mini Storage.

Strategic Storage Trust VI, Inc. Acquires Land for the Development of a 1,200 Unit Self Storage Facility

The acquisition of approximately 2.7 acres of land in Western Toronto will be home to a 1.2K unit facility.

Public Storage Enhances Portfolio with $1.8 Billion ezStorage Acquisition

The ezStorage portfolio comprises of 48 [self storage](https://www.radiusplus.com/keyword/self-storage) properties (4.2 million net rentable square feet).

Compass Self Storage Expands Their Footprint

Compass is actively pursuing growth through acquisition and development opportunities.

Bluebird Self Storage Acquires 5 Alberta Properties from StoreMart

This transaction makes Bluebird the 4th Largest Self Storage Company In Alberta, 7th Largest In Canada.

SmartStop Self Storage REIT, Inc. Closes Acquisition in $380 Million All-Stock Transaction

The acquisition of Strategic Storage Trust IV Inc. consisted of 24 wholly-owned self storage facilities.

Crescit Capital Ready for More After Funding $16M Philly Storage Purchase

Despite the ups and downs of the pandemic last year, Crescit Capital is searching for it's next big self storage loan.

InSite Property Group acquires Statewide Self Storage in Piscataway, NJ

Located on three acres, the NJ property offers 66,000 square feet of drive up interior units.

Bluebird Self-Storage Expands In Nova Scotia

The $16.2 million transaction follows their $81 million recapitalization of three facilities in the Toronto Area.

Storable Acquires US Storage Search

SpareFoot clients will now benefit from customers being able to discover their facility through storage.com.

InSite Property Group Closes on New Store in Southwest Florida

The three story building offers nearly 72,000 square feet of climate controlled storage and 67 covered parking spots.

Maryland-Based ezStorage Shops Portfolio for a $2B Payday

The company is looking for a buyer for their 48-[property](https://www.radiusplus.com/keyword/property) portfolio, which could reach north of $2 billion.

National Storage Affiliates Trust Acquires 14-Property Storage Portfolio

The portfolio was sold by The Jenkins Organization and comprises over 8,500 self storage unites.

Brookfield Asset Management Offers to Take Brookfield Property Private in $5.9 Billion Deal

The company proposes to acquire 100% of the units of Brookfield Property Partners at $16.5 per share.

SpareBox Storage Announces Acquisition of Stabilized Storage Portfolio in New Hampshire

The company acquired 12 self storage properties consisting of 320,000 net rentable square feet in New Hampshire.

Storage Firm 10 Federal Raises $32M, Acquires 5 Properties

The company oversubscribes its offering goal of $30 million in equity and closes its equity raise at $32 million

InSite Property Group Announces the Acquisition of 2 Self Storage Facilities in Portland, Oregon

The announcement includes one C/O facility as well as the acquisition of one recently opened Extra Space.

National Storage Affiliates Trust Announces Addition of New PRO

The company has added Blue Sky Self Storage as a Participating Regional Operator (PRO), managing at least 7 properties.

Andover Properties Acquires a Class-A 91K Square Foot Facility

The updated facility is located in Euless Texas and recently expanded to include 96 outdoor parking spaces.

Public Storage Seizes Buying Opportunities to Expand Portfolio

Amidst the ongoing pandemic, Public Storage is taking aim to significantly expand their national footprint.

InSite Property Group acquires Self Storage Plus in Lanham, Maryland

The expanded property offers approximately 100,000 square feet of rentable space.

NexPoint Completes Acquisition of Jernigan Capital, Outlines Growth Plan for NexPoint Storage Platform

JCAP will change its corporate name to NexPoint Storage Partners and will do business under that name going forward.

Strategic Storage Growth Trust II Expands to Las Vegas

The acquisition represents SSGT II's first in Las Vegas and boasts over 99,000 square feet of rental space.

CubeSmart Snags $540 Million New York City Self Storage Portfolio

The eight properties are to be acquired from Storage Deluxe, and make up over 780,000 net rentable square feet.

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.

JLL Capital Markets Arranges Financing for a Monster CubeSmart in Austin

Greens Global has acquired the enormous 1,152 unit self storage facility located in Austin Texas.

InSite Property Group Acquires Two New Storage Facilities

The two facilities on the east coast, will both be managed by InSite's wholly-owned management firm SecureSpace.

Fullsteam Acquires Self Storage Management Software Space Control

Fullsteam boosts their presence in the self storage industry with the acquisition.

Where Will Life Storage Be in 3 Years?

Already one of the largest self storage REITs in the sector, more growth seems likely for the company.

Denver Investment Firm Pursues $100 Million Self Storage Fund

After acquiring over 3,000 self storage units in their first fund, VanWest now eyes an even larger portfolio.

The BSC Group Closes $31 Million Acquisition Despite Pandemic Lending Market Volatility

The acquisition was an 8-property portfolio located around the city of Memphis Tennessee.

Report: Self Storage Operators Starting to Bounce Back

A report by Cushman & Wakefield paints an optimistic picture for self storage after an initial COVID shock.

Acquiring a Self Storage Facility? A Conversation with Terry Campbell

Terry explains why he and his team are currently focused on the CARES Act which can aid 6 months of P&I payments.

Five Star Storage Announces Acquisition of New Facility

The newly-acquired facility offers nearly 350 units and over 65,000 rentable square footage.

Will 2020 be a Year of Transition for Self Storage?

CubeSmart CEO states the industry will use 2020 to absorb the new supply delivered over the last several years

What is True Economic Occupancy?

Spending time and energy improving economic occupancy “bottom line” is most important, more than physical occupancy.

Tennessee Real Estate Developer Launches Self Storage Division

The group is expanding their real estate strategy to include the self storage asset class.

Australia's Largest Self Storage Reit Has an Offer on The Table

Hong Kong's Gaw Capital is the potential buyer, citing that discussions are preliminary at this time.

Janus International Acquires Steel Storage Australasia

Steel Storage Australasia is a premier provider of self storage design and construction solutions in Australia.

Global Self Storage Signs First Property for New Third-Party Management Platform

The new third party management platform allows Global Self Storage to build a captive acquisition pipeline.

Storage Startup Clutter Enters Real Estate With $152M Buy

Clutter acquired The Storage Fox which includes three storage locations around the greater New York City area

New Player Announcement: Self Storage Strategies

The new consulting company will focus on all aspects of the self storage industry for owners, operators, and investors

Talonvest Closes Nearly $27M of Bridge Loans in Three Transactions

The non-recourse bridge loan included a $13.8 million initial funding with an additional $800,000 of future funding.

Store Space Expands its Footprint by Acquiring Six Self Storage Properties

The company remains bullish on Texas despite its negative press.

You’re Flooded With Smart Data. Now Let’s Use It!

In-house data provides the greatest insight into what's actually happening.

JLL's $2 Billion Acquisition of HFF Said to Accelerate Growth

Since 1998, HFF has closed more than $800 billion in 27,000 transactions, achieving revenue in 2018 of $650 million.

Why Tracking New [Self Storage](https://www.radiusplus.com/keyword/self-storage) Deliveries Actually Matters

New supply is the greatest factor in rental rate growth