by Bruce Goldberg | Oct 10, 2022 | Industry Trends, News, People
Jordan Wright started Harvest Property Management in Wichita, KS in October 2020 – right in the heart of the pandemic. “It was kind of a crazy time to start a business, but we took that leap of faith and have been growing ever since,” said Wright, director of...
by Bruce Goldberg | Oct 4, 2022 | News, Private Companies
Yes, there is a story behind the naming of Patriot Holdings, a Las Vegas, NV-based real estate private equity group that is rapidly expanding its remotely-managed portfolio of self-storage facilities. “I’m from Hudson, New Hampshire, and I’m a diehard New England...
by Bruce Goldberg | Aug 15, 2022 | Acquisitions, Development, News
In an era when people are racing in and out of employment opportunities (see: “Great Resignation”), Florida-based Anthony Scavo has held just three jobs, including 26 years at Lefrak, which he joined at age 17 and where he moved up to senior managing director of...
by Bruce Goldberg | Aug 10, 2022 | Acquisitions, News
SecureSpace Self Storage today announced the biggest deal in the company’s history, acquiring 11 facilities with a total of 650,000 square feet in Texas, California and Oregon. The company, part of InSite Property Group in Torrance, CA, strengthened its presence...
by Bruce Goldberg | Jul 27, 2022 | News
Companies involved with the Sprayregen family’s defunct self-storage company, Tuck-It-Away, sold two self-storage buildings to Invesco Real Estate for $56.3 million. A 90,000-square-foot storage building at 160 John St. in Vinegar Hill, Brooklyn, NY sold for $43.5...
by Bruce Goldberg | May 24, 2022 | Investment, News
Meet Jeffrey Climan and Simon Berman, co-founders of Montreal-based Montreal Mini Storage; Climan is also COO and Berman is also president. And their latest move is a big one. After watching about 25,000 people relocate from Montreal to the winter-sports-centric...
by Bruce Goldberg | May 4, 2022 | News, People
See what can happen when you’re nice to your neighbors? Ryan Gibson and Scott Lewis were neighbors in Washington, D.C. and got along so well, they decided to start Spartan Investment Group in 2013. Today they have 100 employees, have raised $200 million in years past...
by Bruce Goldberg | Apr 27, 2022 | News
Where are the hottest markets for self-storage development? Three U.S. markets stood out when Union Realtime LLC of New York, NY released its study about who’s generating the most heat in self-storage these days: Dallas-Fort Worth-Arlington, Texas CBSA, with 7,698,747...
by Bruce Goldberg | Apr 21, 2022 | News, Private Companies
Principals Jeff Helgeson (above) and Tim Jones, principals of 180 Self Storage in Gilbert, AZ, like to scope out the competition and see how people operate their shops. But even after decades in the field, nothing had prepared them for the Pirate Lady. “In California,...
by Bruce Goldberg | Mar 21, 2022 | News, People
The June 2021 acquisition of MakoRabco combined Carlsbad, California-based Mako Steel, with its strong West Coast presence, and Rabco Enterprises, based in Winter Garden, Florida and well-known along the East Coast. Now with the coasts covered, the plan is to attract...
by Bruce Goldberg | Feb 8, 2022 | News, People
Sharpen your funding pitch and you might just end up like DXD Capital, which hoped to raise $50 million in its first round of funding but went beyond that, hitting $53 million before closing the round. “What I learned this time is that the more you have a focus and a...
by Bruce Goldberg | Jan 3, 2022 | News
It’s been about 35 years since The Peterson Cos. opened a new division, and the Fairfax, VA-based real estate company chose to focus it on the fast-growing world of self-storage. The company, born in 1965, first dipped its toes in this endeavor about five years ago,...
by Bruce Goldberg | Sep 8, 2021 | News, Private Companies
Many people have had to close their businesses or delay growth plans during the pandemic. But Jeremy Friedman, 47, and Grant Reaves, 29, who have worked together in the past, saw it as a golden opportunity to fill suddenly empty big-box stores with self-storage...
by Bruce Goldberg | Aug 17, 2021 | News, Private Companies
The Storage Acquisition Group has established a presence in Canada and named Lloyd McDonald director of Canadian acquisitions. He is based in Calgary, Alberta. McDonald will focus on purchasing storage facilities and portfolios directly, meaning owners don’t have to...
by Bruce Goldberg | Jul 13, 2021 | News, People
Boise, ID-based Forge Building Co recently announced it landed 10 new self-storage building projects with a combined total of more than 600,000 square feet in six Idaho cities: Boise, Meridian, Eagle, Hailey, Twin Falls and Rupert. “We’re actually hiring a lot right...
by Bruce Goldberg | Mar 22, 2021 | News, People
Everyone knows the pandemic has wreaked havoc with the U.S. and world economies, with massive layoffs and closed businesses. But the nation’s self-storage industry has thrived amidst the chaos, according to industry experts, with more growth to come. “Self-storage...
