Extra Space Storage Extra Space Storage

Self-storage REIT Extra Space Storage is carving out a small piece of the Internet for itself and others in the $25 billion storage industry — a move that appears to be designed to unite certain players while possibly shutting out others. How? Salt Lake City-based Extra Space soon will control its own industry-specific domain: .storage. For…

Charlotte skyline Charlotte skyline

Public Storage, the country’s largest self-storage operator, has closed on the $26 million purchase of a five-facility portfolio in the Charlotte, NC, area. The acquisition adds about 385,000 square feet to an existing footprint of 29 facilities in the Charlotte area. The seller comprises three entities affiliated with ENSI Development Corp. in Sarasota, FL. The facilities…

looking for opportunity looking for opportunity

Seize the day. That was the message RK Kliebenstein, vice president of acquisitions at Metro Storage, delivered June 3 at a gathering of self-storage developers. The conference drew self-storage operators from around the U.S. and as far away as Canada and Ecuador. Many attendees either own just one self-storage facility or are storage newbies. Speaking at…

Best Florida Storage Best Florida Storage

Atlanta-based storage operator Storage Post has entered the Florida market with the $91 million acquisition of an eight-facility portfolio. The facilities are in Fort Lauderdale, Lauderhill, Oakland Park and Pompano Beach. The portfolio spans 800,000 square feet of rentable space in 8,000 storage units. Some of the facilities feature commercial and retail space. The facilities…