Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in October 2025.
Update 10/21/25 – Advantage Storage in Lubbock, Texas, was acquired by Michael Postar, owner of Affordable Storage, which operates 23 locations in Amarillo, Hutto, Lubbock and Wolfforth, Texas. The 7.6-acre property at 314 N. Utica Drive was developed in 2018. It contains seven buildings comprising 85,890 square feet in 540 climate-controlled and drive-up units. The seller, Cross Heritage Storage, was represented by Steve Mellon and Brian Somoza, senior managing directors; and Adam Roossien and Matthew Wheeler, directors of JLL Capital Markets, a global provider of capital solutions for real estate investors.
Avondale Mini Storage in Scottdale, Georgia, was acquired by a group of local self-storage owners. The facility at 3111 Church St. comprises 30,040 rentable square feet in 243 units. It’ll be managed by Absolute Storage Management, which provides third-party management services to the industry.
Related:Self-Storage Real Estate Acquisitions and Sales: February 2026
Canadian real estate investment firm Avenue Living Asset Management has acquired a portfolio of 11 Metro Self Storage properties through its Mini Mall Storage Properties Trust from Metro Storage LLC, which owns and operates assets in four states. The facilities are in Georgia, Illinois and Minnesota. Calgary, Alberta-based Avenue Living focuses on investments in farmland, self-storage and workforce housing. Its self-storage portfolio includes more than 240 Mini Mall facilities comprising 10 million square feet that are valued at more than $2 billion. Metro Storage is a privately owned international company specializing in the acquisition, construction, development and management of self-storage facilities in Central America and the U.S. It’s owned by Metro Storage International, whose affiliates operate properties in Costa Rica, the Dominican Republic, Guatemala and El Salvador under the Mr. B's brand name.
Harrison Street, an investment-management firm focused on alternative real estate assets, has acquired a portfolio of 21 self-storage facilities in seven states through an existing joint venture (JV) with Morningstar Properties, a storage developer and operator. Together, the assets comprise 1.3 million square feet in more than 10,800 units. They’re in metropolitan areas within Arkansas, Florida, Georgia, North Carolina, South Carolina, Texas and Virginia. Morningstar will continue to manage them. The JV was formed in 2007, when the companies set a goal of a $200 million initial investment in self-storage, exclusively in the Carolinas. They’ve since completed 41 self-storage investments across five Sun Belt states. Since its inception in 2005, Harrison Street has invested nearly $3.7 billion in 323 self-storage facilities comprising more than 215,000 units across Canada and the U.S. Founded in North Carolina in 1981, Morningstar Properties is a developer, operator and owner of the Morningstar Storage and Morningstar Marinas brands in the mid-Atlantic and South.
Related:Systems and Accountability: A 12-Month Plan to Achieve Consistent Growth as a Self-Storage Investor
Morton's Best Storage at 80 Ashland Court in Morton, Illinois, comprises 20,256 square feet in 150 units. The seller was represented by Kris Parker, vice president of self-storage investments for Friedman Real Estate, a privately held commercial real estate company.
North Town Storage in Fremont, Ohio, was purchased by an out-of-state self-storage operator. Built in 1998 on 7.4 acres, the facility at 523 Adam St. offers 64,400 net rentable square feet in 332 drive-up units and 70 outdoor vehicle-storage spaces. The buyer and the seller, a Columbus, Ohio-based group, were represented in the transaction by Gabriel Coe, Nathan Coe and Brett Hatcher, investment specialists for The Hatcher Coe Group of Marcus & Millichap, a commercial real estate investment firm with offices throughout Canada and the U.S.
Related:CubeSmart, CBRE Investment Management Form $250M Strategic Joint Venture to Invest in Self-Storage
Shurgard Self Storage Ltd., the European affiliate of U.S.-based real estate investment trust Public Storage Inc., acquired Storage World in Manchester, England. Opened in 2013, it comprises 53,820 square feet. The company also signed an agreement to purchase a second Storage World site under construction in the city, subject to customary conditions. It’ll comprise 88,264 square feet. The combined purchase price is £29.8 million. Shurgard operates 340 self-storage facilities comprising 1.7 million net rentable square meters in Belgium, Denmark, France, Germany, Netherlands, Sweden and the U.K. Based in Glendale, California, Public Storage has interests in more than 3,330 self-storage facilities in 40 states, with approximately 241 million net rentable square feet.
The following sales were brokered by Marcus & Millichap, a commercial real estate investment firm with offices throughout Canada and the United States:
Dry Dock & Lock in Aledo, Texas, was purchased by a family of private investors who own other self-storage properties in the state. Built in 2019 on nearly 12 acres, the facility at 1801 FM 1187 comprises 158,720 rentable square feet in 34 drive-up units. It also offers 317 covered and 38 uncovered vehicle-storage spaces. The buyer and the Dallas-Fort Worth, Texas-based seller were represented by Danny Cunningham, Jon Danklefs and Brandon Karr.
Pink Door Storage & RV in Magna, Utah, was acquired by Zoke Group, a real estate company with diversified holdings throughout the West. Constructed in 2022 on 4.2 acres, the facility contains seven single-story buildings comprising 63,630 square feet. It offers 220 drive-up units and 225 vehicle-storage spaces. The seller, a local development partnership, was represented by Jordan Farrer, senior director of investments, and Adam Schlosser, senior managing director.
Sources:CoStar, Canadian Investor Snaps up US Self-Storage PortfolioIP&E Real Assets, Harrison Street Invests in 21-Property US Self-Storage PortfolioPR.com, Self Storage Opens With Professional Management in Scottdale, Georgia
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10/8/25 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of activity happening in October 2025.
A Jacksonville, Florida, self-storage facility managed by real estate investment trust CubeSmart was sold in an off-market transaction. The three-story building comprises 80,805 net rentable square feet in 837 climate-controlled units. The seller was represented by Coastal Storage Group, an affiliate of Argus Self Storage Advisors, a Denver-based network of real estate brokers who specialize in storage properties.
The newly built Lakeland Self Storage in Lakeland, Florida, was sold at Certificate of Occupancy. The single-story building sits on 3.6 acres at 601 N. Wabash Ave. It comprises 59,500 net rentable square feet in 552 units. The seller was represented by SkyView Advisors, a Tampa, Florida-based commercial real estate brokerage that specializes in self-storage.
Investment firm Hines acquired Storage 365 in Worcester, Massachusetts, from Valk Properties Two LLC for $9 million. The four-story self-storage building at 1 Brussels St. comprises 50,730 square feet. Based in Houston, Hines specializes in real estate development, investment and management. It has approximately $91.8 billion of assets under management and 156 development projects underway worldwide.
The following sales were brokered Marcus & Millichap (M&M), a commercial real estate investment firm with offices throughout Canada and the United States:
An unnamed buyer purchased EZ Storage in Plymouth, Michigan, from EZ Storage Plymouth Twp LLC. Built in 2022 at 14415 Sheldon Road, it comprises 73,450 net rentable square feet in 635 climate-controlled units. The seller was represented by Nathan Coe, senior managing director of investments; and Gabriel Coe and Brett Hatcher, executive managing directors of investments for The Hatcher Coe Group. Fellow broker Paul Kerber assisted.
North Town Storage at 523 Adam St. in Fremont, Ohio, comprises 64,400 net rentable square feet in 332 units. It also offers 70 vehicle-storage spaces and includes room for expansion. The seller was represented by Coe, Coe and Hatcher.
Pioneer Square in Mesquite, Nevada, was purchased by a regional self-storage operator. Built in 2015 on 2.8 acres at 513 Commerce Circle, the facility contains eight single-story buildings comprising 52,195 square feet in 285 units. The seller, TK Storage, was represented by Jordan Farrer, senior director of investments for The LeClaire-Schlosser Group.
Sources:RE Business Online, Marcus & Millichap Brokers Sale of 635-Unit Self-Storage Facility in Plymouth, MichiganRE Business Online, TK Storage Sells 52,195 SF Pioneer Storage Self-Storage Facility in Mesquite, NevadaWorcester Business Journal, Texas Firm Buys Worcester Storage Facility Near Former Rotmans Site for $9M
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