Greenwood Village, CO-based National Storage Affiliates wrapped its first year as a public company in 2015, growing income from operations 80.4 percent over the previous year. “We will continue to close the gap between us and our public peers as we use our nation marketing platform to generate leads and our call center to help…
The future is bright for the self-storage industry, at least for the next few years. So said Dean Jernigan, CEO of self-storage lending firm Jernigan Capital during its recent earnings conference call with analysts. “I think I can see clearly into 2017 to say that the REITs will have another significant banner year in 2017,…
Marcus & Millichap has recently promoted two brokers to senior director positions at its National Self Storage Group. Stacey Gorman and Sean Delaney have more than a decade each at the firm prior to their new appointments. Gorman, a vice president of investments at the firm’s Atlanta office, first joined Marcus & Millichap in 2006….
The online storage auction business remains in its infancy with a market wide open and growth on the upswing. “It’s like a gold rush,” said Adrian D’Atri-Guiran, chief technology officer of online auctioneer Bid13 Storage Auctions, “Everyone is trying to get facilities signed up onto their site.” Several online auction platforms say they are nearing…
National Storage Affiliates made several recent transactions across the United States. The Colorado-based REIT purchased the five-property Granite Clover Self-Storage portfolio in New Hampshire for $28.8 million. The facilities cover a combined 235,000-square-feet of storage space with 1,900 units. The facilities are located in the towns of Amherst, Nashua, Londonderry, Derry and Pembroke. Joseph Mendola of…
