About Alexander Harris

Alexander Harris is a reporter covering the self-storage industry.

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Public Storage narrowly wins approval for new facility near headquarters

Public Storage narrowly wins approval for new facility near headquarters

Alexander Harris January 24, 2014 0

Public Storage Inc. got the OK to build a new four-story self-storage facility in its corporate backyard—barely. In a 3-2 vote Jan. 21, the City Council in Glendale, CA, approved Public Storage’s plan for

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In 2014, W.P. Carey expects to match last year’s self-storage acquisition pace

In 2014, W.P. Carey expects to match last year’s self-storage acquisition pace

Alexander Harris January 24, 2014 1

Look for publicly traded REIT W.P. Carey Inc. to be on the prowl for self-storage acquisition targets in 2014, just as it was in 2013. “We certainly would like to match our buying from

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Pension fund arms Pegasus Group with millions for self-storage acquisitions

Pension fund arms Pegasus Group with millions for self-storage acquisitions

Alexander Harris January 23, 2014 1

Real estate fund Pegasus Group has found a new partner for financing self-storage deals—the more than 500,000 state employees who belong to the Arizona State Retirement System. Walnut Creek, CA-based Pegasus formed a joint

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Talonvest Capital: 2014 could be the year of small portfolio acquisitions

Talonvest Capital: 2014 could be the year of small portfolio acquisitions

Alexander Harris January 21, 2014 0

2013 was a tremendous year for self-storage acquisitions, so it makes sense that it was a tremendous year for self-storage lenders. One lender, Talonvest Capital Inc., closed out 2013 with $350 million in loans

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Safeguard Self Storage targets Chicago for development

Safeguard Self Storage targets Chicago for development

Alexander Harris January 15, 2014 1

Atlanta-based Safeguard Self Storage is looking to conquer Chicago, starting with the construction of two urban self-storage facilities this year. The multistory buildings will span 113,000 square feet of rentable space and cost up

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CubeSmart starts storage-by-the-bin service

CubeSmart starts storage-by-the-bin service

Alexander Harris January 14, 2014 5

  It isn’t just startups offering valet-style storage services. CubeSmart LP, a publicly traded self-storage REIT, has quietly launched a new service in Manhattan offering pickup, delivery and storage of plastic bins full of

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Uncle Bob’s spends nearly $100 million on acquisitions

Uncle Bob’s spends nearly $100 million on acquisitions

Alexander Harris January 13, 2014 0

After a relatively quiet period on the acquisition front, Sovran Self Storage Inc. has spent $98.7 million to buy seven facilities since October. The seven self-storage facilities, which span more than 575,000 square feet,

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Former CubeSmart CEO Dean Jernigan jumps into self-storage lending business

Former CubeSmart CEO Dean Jernigan jumps into self-storage lending business

Alexander Harris January 9, 2014 1

Dean Jernigan might have retired recently from the top spot at CubeSmart LP, but the industry veteran isn’t finished working in the self-storage sector. In fact, he’s looking to lend millions of dollars to

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StoreSmart taps crowdfunding for storage acquisition

StoreSmart taps crowdfunding for storage acquisition

Alexander Harris January 8, 2014 0

A self-storage operator recently turned to a new financing method called crowdfunding to buy a North Carolina storage facility. Crowdfunding enables people from all walks of life to pool small amounts of money and

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