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February self-storage acquisition roundup: Morningstar, William Warren Group add facilities

February self-storage acquisition roundup: Morningstar, William Warren Group add facilities

Alexander Harris March 6, 2014 0

Private operators have dominated recent self-storage deals, picking off small and midsize portfolios across the country. Here’s our roundup of self-storage deals completed or announced in February.  Morningstar Properties Matthews, NC-based Morningstar Properties Inc.

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After sale to Public Storage, Southern Self Storage starts from scratch

After sale to Public Storage, Southern Self Storage starts from scratch

Alexander Harris February 5, 2014 3

After selling its entire portfolio to Public Storage Inc. last year, Southern Self Storage is back in the game. The Palm Beach Gardens, FL-based operator recently bought the 64,290-square-foot Village Self Storage facility at

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Single-facility deals dominated self-storage acquisitions in January

Single-facility deals dominated self-storage acquisitions in January

Alexander Harris February 3, 2014 0

The first month of 2014 was fairly busy for single-facility acquisitions. Notably absent were large portfolio deals, which dominated the fourth quarter of 2013. Extra Space Storage Inc., however, did finally close on a

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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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Will off-market acquisitions in self-storage heat up or cool down in 2014?

Will off-market acquisitions in self-storage heat up or cool down in 2014?

Beth Mattson-Teig January 17, 2014 0

REITs made some big scores on off-market acquisitions in 2013. But such deals may be harder to find in 2014 as more sellers opt for the bidding wars created when they put properties up

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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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Self-storage acquisition roundup: Two of 2013’s biggest deals wrapped up in December

Self-storage acquisition roundup: Two of 2013’s biggest deals wrapped up in December

Alexander Harris January 7, 2014 1

The first month of winter couldn’t put a freeze on the self-storage market. It only got hotter. Two of the year’s biggest deals wrapped in December, capping a record-setting year for self-storage acquisitions. Public

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7 self-storage operators to watch in 2014

7 self-storage operators to watch in 2014

Alexander Harris December 30, 2013 1

Without a doubt, 2013 wound up being an exciting year for the self-storage industry. While the publicly traded REITs dominated the big portfolio deals of the year, many smaller private operators sought to expand

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