Brett Hatcher News Today

This article provides an overview of the U.S. self-storage real estate market in 2023-2024, with insight to which areas will continue to draw capital interest.

Public Storage has acquired Andover Street Self Storage, a newly built, 76,396-square-foot facility, located 22 miles from Boston.

The chiefs of staff for the state Department of Commerce and state Department of Human Services and a former U.S. attorney are among 14 applicants for the Arkansas Teacher Retirement Systems executive director post, according to system records.

Platinum Storage Group expanded its Knoxville, Tenn., footprint with the acquisition of an 86,966-square-foot self storage property.

Inside Self-Storage released a new episode in its “Sounds of Storage” podcast series that offers an overview of today’s industry real estate market.

“Sounds of Storage” podcast, Brett Hatcher of Marcus & Millichap discusses the self-storage real estate market, offering advice to buyers and sellers.

U-Haul has acquired U-Stor-It, a 41,600-square-foot self storage facility in Lansing, Mich. A private owner sold the 385-unit property.

A 122,900-square-foot self storage facility in Grand Rapids, Mich. is under new ownership. Marcus & Millichap arranged the transaction.

Midgard Self Storage has purchased two Atlanta-area self-storage properties in Oakwood and Gainesville, Ga.

Here’s an overview of self-storage real estate activity happening in February 2023.