Self-Storage

SurePoint Breaks Ground on 861-Unit Self-Storage Facility in The Woodlands, Texas

by Taylor Williams June 3, 2026

THE WOODLANDS, TEXAS — SurePoint Development, a San Antonio-based self-storage owner-operator, has broken ground on an 861-unit facility in The Woodlands, about 30 miles north of Houston. The site is located near the intersection of Six Pines Drive and Lake Front Circle within The Woodlands Town Center, and the property will feature 90,000 net rentable square feet of climate-controlled space. ExtraSpace Storage will manage the facility, which will be SurePoint’s 10th in the Houston area and is expected to be complete in spring 2027.

June 3, 2026

Acquisitions Industrial Northeast Pennsylvania Self-Storage

North Palisades Partners Buys 2,298-Unit Self-Storage Portfolio in Philadelphia

by Taylor Williams June 3, 2026

PHILADELPHIA — North Palisades Partners, a California-based investment firm, has purchased a portfolio of two self-storage facilities in the Northern Liberties neighborhood of Philadelphia. The properties are located at 40 Spring Garden St. and 510 N. Christopher Columbus Blvd. and total 199,288 net rentable square feet of space. The portfolio also includes 6,907 square feet of retail space. The seller and sales price were not disclosed. One property was roughly 90 percent occupied at the time of sale, and the other is in lease-up. Extra Space Storage will manage the facilities. Luke Elliott and Anthony Licari of Cushman & Wakefield represented the undisclosed seller in the transaction.

June 3, 2026

1099-Hendricks-Causeway-Ridgefield-New-Jersey

Acquisitions Industrial New Jersey Northeast Self-Storage

Marcus & Millichap Brokers Sale of Self-Storage Development Site in Ridgefield, New Jersey

by Taylor Williams June 1, 2026

RIDGEFIELD, N.J. — Marcus & Millichap has brokered the sale of a self-storage development site in the Northern New Jersey community of Ridgefield. The site at 1099 Hendricks Causeway is fully entitled and permitted, and the facility is planned to feature more than 73,000 net rentable square feet of space across approximately 1,200 climate-controlled units. Nathan Coe, Gabriel Coe and Brett Hatcher of Marcus & Millichap represented the seller, local owner-operator StorageBlue, in the transaction. The team also procured the buyer, Safely Store. Jim McGuckin of Marcus & Millichap assisted in closing the deal as the broker of record.

June 1, 2026

Acquisitions California Industrial Self-Storage Western

Bancap Self Storage Group Brokers Sale of Two Properties Totaling 315 Units in Corning, California

by Amy Works May 29, 2026

CORNING, CALIF. — Bancap Self Storage Group has arranged the sale of two self-storage properties operated together in Corning. A private family trust sold the assets to a local group for an undisclosed price. Dean Keller of Bancap Self Storage Group represented the seller in the transaction. Airport Mini Storage and Affordable Mini Storage offer a combined nearly 52,000 net rentable square feet with 315 units. At the time of sale, the portfolio was fully occupied.

May 29, 2026

Acquisitions Industrial Self-Storage Texas

Marcus & Millichap Brokers Sale of 314-Unit Self-Storage Facility in Houston

by Taylor Williams May 28, 2026

HOUSTON — Marcus & Millichap has brokered the sale of HP Storage, a 314-unit self-storage facility in Houston. Built in 2016 and expanded in 2019, HP Storage sits on a 4.5-acre site on the city’s northwest side and consists of five one-story buildings and one three-story building. Units offer climate- and non-climate-controlled space, as well as flexible configurations for retail/office uses and units dedicated to container storage. Dave Knobler, Mixson Staffel and Charles LeClaire of Marcus & Millichap represented the Texas-based seller and procured the New York-based buyer, both of which requested anonymity, in the transaction.

May 28, 2026

Acquisitions Industrial Self-Storage Washington Western

Commune Capital Sells Self-Storage Property in Bellevue, Washington for $50.7M

by Amy Works May 27, 2026

BELLEVUE, WASH. — Commune Capital has completed the disposition of a self-storage property located at 12399 Northup Way in Bellevue. Premier Storage Investors acquired the asset for $50.7 million. Mike Mele, Luke Elliott, Jim Lewis and Steffan Brown of Cushman & Wakefield represented the seller in the transaction. Built in 2016 on 1.2 acres, the Class A 103,397-square-foot self-storage facility features 988 climate-controlled and drive-up units. At the time of sale, the property was 93 percent occupied.

May 27, 2026

Acquisitions Illinois Industrial Midwest Self-Storage

Cushman & Wakefield, JLL Broker Sale of 2,043-Unit Self-Storage Portfolio in Chicago

by Kristin Harlow May 20, 2026

CHICAGO — Cushman & Wakefield and JLL have brokered the sale of a two-property self-storage portfolio in Chicago. The brokerage firms represented the seller, Self Storage 1. Etude Storage Capital purchased the portfolio, which comprises 2,043 units across 150,216 square feet in the Lincoln Park/Bucktown and Wrigleyville/Lakeview neighborhoods. Cushman & Wakefield’s Greg Wells, Mike Mele, Luke Elliott and Ross Bailey partnered with JLL’s Steve Mellon, Brian Somoza, Dan Reynolds and Tom Kirschbraun. The portfolio offers immediate scale and operating efficiencies, along with upside through continued lease-up, rental rate optimization and unit mix refinement, according to a release.

May 20, 2026

Acquisitions Indiana Industrial Midwest Self-Storage

Marcus & Millichap Negotiates Sale of 423-Unit Self-Storage Facility in Fort Wayne

by Kristin Harlow May 8, 2026

FORT WAYNE, IND. — Marcus & Millichap has negotiated the sale of The Storage Place, a 45,950-square-foot self-storage facility in Fort Wayne. The property comprises 15 drive-up buildings with 423 non-climate-controlled units and 36 outdoor parking spaces. It is located adjacent to Fort Wayne International Airport. Jeffrey Herrmann and Sean Delaney of Marcus & Millichap represented the seller and procured the buyer, both of which were Indiana-based limited liability companies.

May 8, 2026

Acquisitions Industrial New York Northeast Self-Storage

JLL Negotiates Sale of 557-Unit Self-Storage Facility in Nyack, New York

by Taylor Williams May 7, 2026

NYACK, N.Y. — JLL has negotiated the sale of a 557-unit self-storage facility located at 92 State Route 59 in Nyack, located near the New York-New Jersey border. The facility was built in 1996 and was 87 percent occupied at the time of sale. JLL represented the seller, Go Store It, in the transaction and procured the buyer, Storage Post Self Storage, which has since rebranded the property. The sales price was not disclosed.

May 7, 2026

Development Industrial Massachusetts Northeast Self-Storage

Davis Cos. Sells 922-Unit Self-Storage Facility in Metro Boston

by Taylor Williams May 5, 2026

MEDFORD, MASS. — Locally based owner-operator The Davis Cos. has sold a 922-unit self-storage facility in Medford, a northern suburb of Boston. Davis acquired the facility at 970 Fellsway, which spans 80,995 net rentable square feet, in 2019 and subsequently implemented capital improvements, as well as a 297-unit expansion. Extra Space Storage operates the facility, which was 84 percent occupied at the time of sale. The buyer was a joint venture between Invesco Real Estate and Baranof Holdings.

May 5, 2026

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