Uplift Development Buys Colorado Self Storage Portfolio
The deal marks the largest of its kind in the state.
Uplift Development Group has purchased an 18-property self storage portfolio in Colorado, marking the largest transaction in the sector the state has seen. The portfolio comprises 3,000 units, amounting to 500,000 square feet, spanning five cities and two counties.
SROA, Argenic, GYS General Contracting, JLL and Castor Capital partnered with Uplift Development in the transaction.
The assets are located in Colorado’s Rocky Mountains, within the Clear Creek and Grand County corridors, along Interstate 70 and Highway 40. The new ownership already plans to expand the portfolio by adding more than 70,000 square feet of new self storage development. The project is expected to include climate-controlled units, as well as boat and RV storage.
READ ALSO: Self Storage Industry Trends
As of January 2026, under-construction self storage pipeline in major Midwestern metros stood still month-over-month, according to a recent Yardi Matrix report. Detroit (2.3 percent), Chicago (1.7 percent) and Minneapolis (1.4 percent) ranked in the second half of Yardi Matrix’s Top 30 Metros list in terms of supply by percentage of existing inventory. However, the figures mirrored a nationwide trend, with the under-construction supply in the U.S. accounting for 2.7 percent of existing stock during the same month, on par with December 2025.
