Doorage, the Chicago valet storage company started only two years ago, has announced it has launched a nationwide pickup-and-delivery service via a “national warehouse system” that it recently established in key markets around the country. Recently operating in only three Midwest cities, Doorage has been beta testing its nationwide pick-up-and-delivery system over the past four…

The two-facility East Self Storage portfolio in West Columbia, SC, has changed hands. Michael Morrison of Hilton Head Island, SC-based Midcoast Properties Inc. handled the deal. The buyer and seller weren’t identified. The purchase price wasn’t disclosed. The facilities, at 3943 Platt Springs Road and 1351 Lake Dogwood Drive, offer a combined 337 units across…

A three-story, 84,000-square-foot self-storage building has been proposed for a project that also would include a Putt-Putt Fun Center at 2200 Eubanks Road in Chapel Hill, NC. The latter could include mini golf, laser tag, bumper cars, an arcade inside a 16,000-square-foot building, a go-kart track and batting cages. The self-storage building would need a…

Geographically, self-storage REIT Life Storage is taking a turn in its buying-and-selling strategy. The company recently broke into two new markets — Seattle, WA, and Baltimore, MD — while scaling back its position in Texas. During the REIT’s second-quarter earnings call Aug. 2, CEO Joe Saffire said Life Storage plans to bulk up its presence…

National Storage Affiliates National Storage Affiliates

As it absorbs the second-quarter purchase of 24 wholly owned facilities for $185.3 million, National Storage Affiliates Trust expects to pounce on more potential acquisitions once asking prices fall. Arlen Nordhagen, chairman and CEO of the Greenwood Village, CO-based REIT, said during the company’s second-quarter earnings call that he and his colleagues are keeping an…

In the recently wrapped-up second quarter, Extra Space Storage and joint venture partners bought an 11-facility, off-market portfolio for about $228.5 million. The self-storage REIT also purchased a certificate-of-occupancy project, and it’s got another eight facilities under contract for $41 million. However, during the rest of 2019 and heading into 2020, Salt Lake City, UT-based…