Billion Dollar Deal Sets Stage for Self Storage Acquisition Activity in 2021 Blackstone's $1.2 billion purchase of Simply Self Storage has opened the acquisition floodgates. John Egan Posted on January 13th, 2021
CubeSmart Targets Acquisitions as 2020 Comes to a Close CubeSmart is on track to spend nearly 3 times more on self storage acquisitions this year vs last. John Egan Posted on December 7th, 2020
Life Storage Beefs up Fulfillment Service as e-Commerce Rises The REIT's Warehouse Anywhere platform has teamed up with Deliverr to open two micro fulfillment centers. John Egan Posted on December 4th, 2020
Public Storage Seizes Buying Opportunities to Expand Portfolio Amidst the ongoing pandemic, Public Storage is taking aim to significantly expand their national footprint. John Egan Posted on November 24th, 2020
Extra Space Storage Exceeds Expectations in the Pandemic-Era For Extra Space Storage, anticipated headwinds from the coronavirus pandemic have shifted to tailwinds. John Egan Posted on November 23rd, 2020
Denver Investment Firm Pursues $100 Million Self Storage Fund After acquiring over 3,000 self storage units in their first fund, VanWest now eyes an even larger portfolio. John Egan Posted on September 14th, 2020
Self Storage Startup Seeks to Assemble $1 Billion-Plus Portfolio The investors plan to acquire 100-200 facilities primarily located in tertiary markets. John Egan Posted on September 4th, 2020
CubeSmart’s Contactless Platform Accounts for a Quarter of Rentals As for the rest of 2020, Chris Marr (CEO) and Tim Martin (CFO) say they are “cautiously optimistic.” John Egan Posted on August 27th, 2020
Life Storage Witnesses Big Surge in Use of Contactless Rentals Who knew Life Storage would develop a contactless platform just 2 years ahead of a global pandemic? John Egan Posted on August 20th, 2020
Extra Space Eyes ‘Return to Normal’ as Coronavirus Hurts Revenue Despite bleak second-quarter numbers, the company expects a return to normal customer behavior. John Egan Posted on August 12th, 2020