Rising Momentum in Self-Storage Property Deals Indicates Sector’s Robust Health

Compiled from a report on List Self Storage, the post provides detailed insights into each transaction, offering information about the properties, their locations, their buyers or sellers, and the brokers and brokerages involved. It emphasizes opportunities for revenue growth, future expansion, and adopting new technologies and strategies.

One of the notable transactions featured in the post was a self-storage development site in San Antonio, TX, which was acquired by DD&B Construction, with Jon Danklefs of the Danklefs Group of Marcus & Millichap serving as the broker. Another significant mention was the acquisition of Stowaway Storage in Rockport, TX, by Curren Companies Inc., brokered by Versal. The blog post also spotlights various other properties across multiple locations, including Ponca City, OK; Kathleen, GA; Faribault, MN; and Long Beach, CA, among others.

Some of these transactions indicate opportunities for significant upside through increased focus on revenue management strategies. This blog post also briefly highlights some recent trends in the self-storage industry, such as the rise of institutional-quality storage facilities, increasing adoption of contactless renting, and the benefits of video surveillance and gated access.

The original report detailing these transactions was published on List Self Storage.

🔒📚 Hi! I'm Eric Manning, a self-storage operations nerd and lifelong learner. 🗝️ My articles blend industry know-how with a dash of humor and wisdom. Whether you're a storage newbie or a pro, join me as we explore the world of storage, one witty insight at a time! 📦😊🔑