Self Storage

Aerial shot of the self storage facility in Beaumont, S.C.

MHN Asks: Is the Self Storage Sector Getting Back on Track?

Having organized $200 million-plus of private equity for Spartan Investment Group’s projects, Ryan Gibson is optimistic about the sector’s prospects.

Exterior shot of the 860-unit, 150,000-net-rentable-square-foot facility in Pasadena, Texas, part of the five properties acquired by Strategic Storage Growth Trust III Inc.

Strategic Storage Trust Buys 5 Across the Sun Belt

The properties total more than 500,000 net rentable square feet.

Interior shot of storage lockers and units used for the write-up of the self storage national report February 2025

Self Storage National Report – February 2025

A few top metros saw advertised asking rent improvement, according to Yardi Matrix research.

Table of the top 10 markets for self storage deliveries in 2024.

Top 10 Markets for Self Storage Deliveries in 2024

We’ve identified the top metros based on incoming self storage inventory, according to Yardi Matrix data.

Exterior shot of the latest U-Haul self storage facility, in Champaign, Ill. The property comprises 84,360 square feet across five stories, enclosing 1,125 indoor storage units.

U-Haul Opens Facility Near University of Illinois

The multi-story property features units ranging between 25 and 200 square feet.

A self storage facility in Midland, Texas.

Extra Space Storage Trades 9-Asset Portfolio

AVAD Capital added more than 5,000 units to its footprint.

The self storage facility located at 2500 Campbell Place, Carlsbad, Calif.

Westport Properties Acquires California Self Storage Portfolio

The facilities total more than 2,200 units.

Exterior shot of the newest, 776-unit Snapbox Self Storage facility in Owings Mills, Md.

Snapbox Opens Baltimore Storage Facility

The property comprises 776 climate-controlled units.

Interior of self storage facility featuring units with blue doors

Self Storage National Report – January 2025

A key indicator remained negative in almost every top metro, according to Yardi Matrix research.

The duo of self storage facilities in Salem, Ore.

Spartan Buys 2 Self Storage Facilities

This purchase marks the company’s eighth and ninth facilities in the Pacific Northwest.