LANCASTER, TEXAS — Self-storage brokerage firm Versal has arranged the sale of a 265-unit facility in Lancaster, a southern suburb of Dallas. Lasoto Self Storage was built in the 1980s and spans 44,940 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the seller and procured the buyer in the transaction. Both parties were Texas-based entities that requested anonymity. The sales price was also not disclosed.
NORTH BERGEN, N.J. — Safely Store has purchased a self-storage redevelopment site in North Bergen, located across the Hudson River from New York City. The site at 3131 Kennedy Blvd. houses a vacant, 73,398-square-foot building that was originally constructed in 1999 and previously functioned as a movie theater. Safely Store plans to convert the building into a four story self-storage facility with 103,000 net rentable square feet of climate-controlled space. Jose Cruz, Nicholas Stefans, Jason Lundy and Luke Ceccoli of JLL represented the seller, Madison International Realty, in the transaction.
TUKWILA, WASH. — SecureSpace Self Storage has opened its newest facility located at 5950 Southcenter Blvd. in Tukwila. Formerly known as Tukwila Self Storage, the five-story, heated facility offers 53,185 square feet of storage space across 625 units in a variety of sizes. The facility is currently undergoing enhancements to meet SecureSpace’s standards. The upgraded property will feature proprietary AI-enabled cameras and sensors for enhanced security, as well as complimentary high-speed Wi-Fi.
BEAUFORT, S.C. — Colorado-based Spartan Investment Group has acquired three self-storage facilities totaling 1,710 units in Beaufort, a city in coastal South Carolina, for an undisclosed price. The seller was also not disclosed. The facilities include a 121,643-square-foot, 694-unit property at 481 Parris Island Gateway and a 77,270-square-foot, 632-unit property at 240 SC-128. The third asset is a 30,802-square-foot, 384-unit facility at 100 Lady’s Island Commons. Totaling 229,715 rentable square feet, the newly acquired self-storage facilities represent Spartan’s first acquisitions in 2026.
WILMER, TEXAS — Marcus & Millichap has brokered the sale of a 192-unit self-storage facility in Wilmer, a southern suburb of Dallas. Known as StorageHome, the facility was built in 1979 and expanded in 2007. The property spans 29,800 net rentable square feet of non-climate-controlled space across 26 single-story buildings. Thomas Dickinson, Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller, an entity doing business as Wilmer Storage LLC, in the transaction. The trio also procured the buyer, Momentum Wealth Fund.
SOUTH RIVER, N.J. — Locally based developer CrownPoint Group has broken ground on an 854-unit self-storage facility in South River, located roughly midway between Newark and Trenton. The three-story facility at 696 Old Bridge Turnpike will span 105,487 net rentable square feet of climate-controlled space. According to NJ.com, the site formerly housed a car dealership, and the facility will have an average unit size of 90 square feet and will include 15 exterior access units. The local publication also reports that JLL arranged construction financing for the project. ExtraSpace Storage will operate the facility, which is expected to be complete before the end of the year.
FRISCO, TEXAS AND GREENWOOD VILLAGE, COLO. — Public Storage (NYSE: PSA) has entered into an agreement to acquire National Storage Affiliates (NYSE: NSA) in an all-stock transaction valued at approximately $10.5 billion. Under the terms of the agreement, which is expected to close in the third quarter, NSA shareholders will receive 0.14 of a share of Public Storage common stock for each NSA share they own. The same arrangement applies to shareholders of operating partnership (OP) units of NSA. The price represents a total consideration of $41.68 per share based on Public Storage’s closing per-share price of $297.72 on March 13, 2026. “Public Storage is the ideal strategic fit for our company given their best-in-class brand, operating platform and future growth profile, said David Cramer, CEO of NSA. “By joining PSA, we ensure that the entrepreneurial spirit of our regional partners is preserved within a global platform capable of driving unprecedented scale.” Immediately prior to closing, Public Storage and limited partners in NSA’s OP will form a joint venture that will consist of 313 properties on NSA’s operating platform comprising 19.6 million rentable square feet across 28 states and Puerto Rico. The estimated value of this joint venture is approximately $3.3 …
ODESSA, TEXAS — Self-storage brokerage firm Versal has arranged the sale of a 578-unit facility in the West Texas city of Odessa. The facility, which is operated under the Lone Star Storage brand, comprises 70,210 net rentable square feet of space across 389 non-climate-controlled units and 189 climate-controlled units. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the seller, Texas Lone Star Storage Centers Ltd., in the transaction. The team also procured the buyer, a joint venture between AVAD Capital and Etude Capital.
OREM, UTAH — The LeClaire-Schlosser Group of Marcus & Millichap has arranged the purchase of Towne Storage Vineyard, a self-storage property in Orem. Storage Center Group acquired the asset for an undisclosed price. Jordan Farrer and Adam Schlosser of Marcus & Millichap represented the buyer in the off-market transaction. Managed by Towne Storage, the 84,745-square-foot property offers 554 units on 4.4 acres. The facility was originally constructed in 2019 and features 11 single-story buildings with 188 interior climate-controlled units and 366 non-climate-controlled, drive-up units.
CROWLEY, TEXAS — Marcus & Millichap has brokered the sale of Dry Dock & Lock, a 466-unit self-storage facility in Crowley, a southern suburb of Fort Worth. Built on 20 acres in 2021, Dry Dock & Lock totals 200,940 rentable square feet of space across a mix of enclosed, covered and uncovered parking spaces for boats and RVs, as well as traditional storage units. Danny Cunningham, Brandon Karr and Jon Danklefs of Marcus & Millichap represented the seller in the transaction. Cunningham and Karr also procured the Canadian buyer. Both parties requested anonymity.
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