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  • Private Companies

    10 Federal targets $100 million for unmanned self-storage facilities

    10 Federal operated unmanned facilities before it was cool. Now the Raleigh-based firm is on the move with its fourth investment fund that aims to…

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  • News

    Op/Ed: Closing the sustainability gap in the self-storage industry

    "Well done is better than well said." I repeat Benjamin Franklin’s wisdom in the boardroom regularly. In an era of corporate governance hogwash where buzzwords…

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  • News

    U.S. Self-Storage Industry Statistics

    Updated 1/27/2023 This page contains statistics about the U.S. self-storage industry compiled by The SpareFoot Storage Beat. Statistics on this page will be updated as…

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  • Private Companies

    StorageMart enters Milwaukee with portfolio buy

    StorageMart, one of the largest private self-storage operators in the country, has entered the Milwaukee market for the first time with the acquisition of a…

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  • Private Companies

    Clutter refinances New York self-storage properties with $118M loan

    Los Angeles-based storage operator Clutter has refinanced a four-property portfolio it owns in the New York metro area with a  $118.3 million bridge loan. The…

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Acquisitions

Sold! CBRE and WWG join forces for 14-property portfolio buy

Bruce Goldberg/March 20, 2023March 22, 2023 /Leave a comment
A CBRE Investment Management fund purchased a portfolio of 14 self-storage sites totaling 8,697 units in Southern California and Utah. CBRE partnered with the William Warren Group on the deal. WWG will manage the acquired...
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Development

The Roll Up: 1,111-unit crowdfunded storage facility slated for Long Island

Bruce Goldberg/March 20, 2023March 20, 2023 /Leave a comment
CrowdStreet, a real estate investment platform, launched an offering for a ground-up development of a self-storage facility in Long Island, NY, called 10 Gordon Drive Self Storage (below). It will have 133,698 square feet across...
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Public Companies

Life Storage makes the case against a Public Storage takeover

Alexander Harris/February 24, 2023March 20, 2023
Life Storage CEO Joe Saffire rebuffed Public Storage’s proposed takeover of the country’s fourth largest storage REIT in no uncertain terms during the company’s annual earnings conference call on Friday. “It is a great proposal...
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Storage REITs take a tumble despite strong results

John Egan/May 12, 2022October 3, 2022

CubeSmart heads west on heels of big portfolio buy

John Egan/March 1, 2022October 3, 2022

Extra Space CEO: New supply growth could ramp up next year

John Egan/February 27, 2022October 3, 2022

News

Op/Ed: Closing the sustainability gap in the self-storage industry

Simon Berman/March 16, 2023March 16, 2023 /Leave a comment
"Well done is better than well said." I repeat Benjamin Franklin’s wisdom in the boardroom regularly. In an era of corporate governance hogwash where buzzwords pollute conversations and mission statements, leaders must be held accountable...
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5 Things to Know About Public Storage’s $11B Takeover Bid For Life Storage

Alexander Harris/February 7, 2023

StoreEase adds new smart facility to its remote management portfolio

Alexander Harris/January 31, 2023January 31, 2023
self-storage unit

U.S. Self-Storage Industry Statistics

Alexander Harris/January 27, 2023January 27, 2023 /15 Comments

Private Companies

10 Federal targets $100 million for unmanned self-storage facilities

Alexander Harris/March 20, 2023 /Leave a comment
10 Federal operated unmanned facilities before it was cool. Now the Raleigh-based firm is on the move with its fourth investment fund that aims to buy 20 to 25 facilities and convert them into remotely-managed...
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Moove In drops brokerage arm to focus on expanding storage portfolio

Bruce Goldberg/March 14, 2023March 16, 2023 /Leave a comment

Flatirons Asset Management buys 33 stores from Red Dot Storage

Alexander Harris/November 8, 2022December 9, 2022

Elevation Capital plans major expansion of DC-area facility

Bruce Goldberg/November 8, 2022December 9, 2022

People

Q&A: The RV and boat storage market with Ramser Development’s Adam Deermount

Alexander Harris/November 8, 2022December 9, 2022
Ramser Development Company has hired Adam Deermount to serve as its Chief Investment Officer. In the new role, Deermount will be responsible for directing the strategic expansion of Ramser Development’s established portfolio of storage assets...
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Q&A: Adam Steckler leads StorageMart’s third-party management platform

Alexander Harris/September 22, 2022December 9, 2022

Q&A: StoragePro’s Steve Mirabito on the rise of RV storage

Alexander Harris/July 13, 2022October 3, 2022

How will rising interest rates impact self-storage operators?

Alexander Harris/May 31, 2022December 9, 2022

About the SpareFoot Storage Beat

The SpareFoot Storage Beat is your go-to source for news, features and analysis about the self-storage industry. Self-storage categories covered by The SpareFoot Storage Beat include public companies, private companies, industry trends, real estate development, facility acquisitions, hirings and promotions. Send us a tip

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Archives

Recent posts

  • 10 Federal targets $100 million for unmanned self-storage facilities

  • The Roll Up: 1,111-unit crowdfunded storage facility slated for Long Island

  • Sold! CBRE and WWG join forces for 14-property portfolio buy

  • Op/Ed: Closing the sustainability gap in the self-storage industry

  • Moove In drops brokerage arm to focus on expanding storage portfolio

  • The Roll Up: DXD Capital completes new Las Vegas facility

  • Sold! KKR unloads four storage facilities for $80 million

  • The Roll Up: Store Space extends portfolio with new Indianapolis facility

  • Life Storage makes the case against a Public Storage takeover

  • The Roll Up: Developer breaks ground on 7-story Long Island facility

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