This article appeared in WallStreetJournal on December 23rd. Americans are paying more than ever to stash their extra stuff and filling space rapidly, lifting storage stocks. Since the pandemic began, the best bet in real estate has been that Americans need to store their extra stuff. Self-storage stocks have been big gainers since… Continue reading Self Storage Is the Pandemic’s Hot Property
CubeSmart to Acquire Self-Storage Portfolio for $1.69B
This article appeared in GlobeST on November 17th. It’s another sign that more institutions are beginning to chase yield in self storage. CubeSmart announced that it has entered into an agreement to acquire 100% of the outstanding partnership units of LAACO, the owner of the Storage West platform, for approximately $1.69 billion. The deal includes… Continue reading CubeSmart to Acquire Self-Storage Portfolio for $1.69B
Public Storage Acquires $1.5B Portfolio
This article appeared in GlobeST on November 3rd. Public Storage has acquired All Storage’s portfolio for $1.5 billion. The portfolio comprises 56 self-storage properties (or 7.5 million net rentable square feet) with 52 located in the growing Dallas-Fort Worth market and the rest in Oklahoma City and Killeen, Texas. The Pandemic’s Disruption Drew Dolan,… Continue reading Public Storage Acquires $1.5B Portfolio
DXD Capital Launches Fund to Target Self-Storage Development
This article appeared in Inside Self Storage on September 24th. Update 9/24/21 – DXD Capital has broken ground on its development in Las Vegas. The project at the corner of South Monte Cristo Way and West Sahara will ultimately comprise 1,100 units. Expected to open in fall 2022, the multi-story facility was designed by Studio Level… Continue reading DXD Capital Launches Fund to Target Self-Storage Development
DXD Continues to Bet on Las Vegas Self Storage
This article appeared in Connect CRE on September 21. Self-storage investor and developer DXD Capital recently broke ground on a 1,100-unit self-storage facility located at the corner of West Sahara and South Monte Cristo Way in Las Vegas. Designed by Studio Level 1 with Arco Murray serving as the general contractor, the new facility is slated… Continue reading DXD Continues to Bet on Las Vegas Self Storage
DXD Capital Breaks Ground on Las Vegas Self-Storage Facility
This article appeared in RENTV on September 21. DXD Capital has broken ground on a new state-of-the-art 1,100-unit self storage facility located at the corner of West Sahara and South Monte Cristo Way in Las Vegas. The company acquired the 1.7-acre parcel in January 2021. Designed by Studio Level 1 with Arco Murray serving as… Continue reading DXD Capital Breaks Ground on Las Vegas Self-Storage Facility
DXD Capital Breaks Ground on 1,100-Unit Self-Storage Facility in Las Vegas
This article appeared in REBusinessOnline on September 13 by Amy Works. LAS VEGAS — DXD Capital has broken ground on a self-storage facility located on a 1.7-acre parcel at the corner of West Sahara Avenue and South Monte Cristo Way in Las Vegas. Designed by Studio Level I with Arco Murray serving as general contractor,… Continue reading DXD Capital Breaks Ground on 1,100-Unit Self-Storage Facility in Las Vegas
Area Storage Units Hard to Rent
Article Written by Pat Fitzgerald, for the Culpeper Times. This article appeared in Rappahannock News on August 17th. ‘People selling, buying, building and they’re in between one of the situations’ The booming real-estate market across the Piedmont and the rest of the nation has led to another side effect besides higher housing prices — finding… Continue reading Area Storage Units Hard to Rent
Self-Storage Space is Down and Rents are Way Up
Article Written by Caroline Champlin, Analyst for Marketplace. This article appeared on Marketplace.org on August 3rd, and aired nationally on NPR news. Listen to the full audio airing here. Self-storage company Public Storage has earnings out today. Prices for rental units have shot way up over the last few months, according to data from DXD… Continue reading Self-Storage Space is Down and Rents are Way Up
You Can’t Take It With You, but You Can Put It in Storage
Article Written by Margaret Renkl, contributing opinion writer for the New York Times A version of this article appears in print on , Section A, Page 19 of the New York edition with the headline: The Things We Can Keep, and the People We Canʼt NASHVILLE — Back when my children were small, I felt… Continue reading You Can’t Take It With You, but You Can Put It in Storage