
A garment district office that once had $23.8 million in debt now carries $57 million in storage debt.
PGIM is refinancing an office-to-self-storage conversion at a rate of 2.4 times the sponsors’ 2024 basis.
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PGIM is refinancing an office-to-self-storage conversion at a rate of 2.4 times the sponsors’ 2024 basis.

$271 a foot for two Rockville buildings, 93% leased, on the I-270 frontage.

With occupancy back above 94 percent, the majors are growing through partnerships and loans, not buyouts.

Values are down a quarter from peak while new construction dries up, the classic entry setup.

A $10.5B takeover proves scale, not rent growth, is the self-storage lever now.

Public Storage's same-store is still negative, but it raised guidance and rents are turning up.

One REIT now controls 4500-plus facilities and about 330M square feet.

A July run of 1031-driven deals shows storage staying a granular, private-capital market.

SmartStop merges two sponsored funds in a $1.2B all-stock roll-up.

CubeSmart and Extra Space are routing acquisitions through JVs because the bid-ask won't clear.

New deliveries head for a decade low just as big capital moves in.

The largest US storage REIT exports its platform into Canada for the first time at scale.

With street rates compressed, operators are running revenue off the spread between new and existing customers.

While one mega-merger dominates the news, billions in private capital are quietly buying the long tail.

2026 deliveries fall again as new supply drops to nearly half its long-run average, handing pricing power to incumbents.

Fifteen irreplaceable NYC locations trade at scarcity pricing — even as Sun Belt storage rents slide.

Demand and supply equilibrium fosters stability in self-storage financing and execution
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