Austin, Texas — March 29, 2018 — SpareFoot, the world’s largest online self-storage marketplace, has agreed to acquire SiteLink, a leading provider of cloud-based software solutions for the self-storage industry. The deal will bring together two dynamic companies and allow the combined business to accelerate investment, drive innovation and generate value for both consumers and facility…

A former Fulton County Schools Administration Center will be converted into Space Shop self-storage, plus retail, restaurants or other commercial spaces. Space Shop and Eden Rock Real Estate Partners are planning the project. The Administration Center, a three-story, 100,829-square-foot site at 786 Cleveland Ave., is in the Hammond Park neighborhood of Atlanta, GA, bordering East…

Real estate investment partners Tulfra Real Estate, based in Rochelle Park, NJ, and The Hampshire Cos., based in Morristown, NJ, sold a 91,000-square-foot self-storage facility in Towota, NJ, for $19.5 million to an unidentified public company. Extra Space Storage operates the facility, but it’s unclear whether Extra Space was the buyer. Tulfra and Hampshire bought…

From 2009 to 2016, Austin, TX-based Virtus Real Estate Capital LLC went on a self-storage buying spree. During that period, the firm spent $191 million to scoop up 61 self-storage facilities in the U.S., with seven of those properties being bought in partnership with Cordova, TN-based Absolute Storage Management Inc. Today, Virtus owns just one self-storage…

Goldendale, WA-based self-storage operator Iron Guard Storage recently obtained $98.15 million from a CMBS loan backed by its 22-property portfolio. The portfolio covers a total of 1.3 million square feet of space in seven states: Texas, Georgia, Alabama, Nevada, Washington, North Carolina and Virginia. The financing was arranged by Chicago based advisor The BSC Group….