Safe Storage Safe Storage

Prime Group Storage recently bought a portfolio of seven facilities in the Lexington, KY, market that operate as Safe Storage. Prime Group Storage, based in Saratoga Springs, NY, secured nearly $26.8 million in mortgage financing to buy the portfolio, which includes an industrial building for commercial use. The purchase price was nearly $33.2 million. The…

Illustorage heat map Illustorage heat map

For developers of self-storage facilities, finding a great site is essential. But where do you even being to look? Paul Dacus, a software engineer in Portland, OR, is seeking to answer that question with cold, hard data and color-coded maps. Dacus soon will unveil a web application at Illustorage.com that lets subscribers obtain his analysis of which…

National Storage Affiliates National Storage Affiliates

National Storage Affiliates, the self-storage REIT that recently debuted on the New York Stock Exchange, has purchased a portfolio of five facilities in Shreveport, LA, for $16.5 million. The deal is the first confirmed acquisition for the Greenwood Village, CO-based REIT since it went public in April. The portfolio spans 340,000 square feet and 2,338…