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Self-storage operator news, read for you.

Development, revenue management, REITs, lien law and access technology, every story linked to its source.

REITs & consolidation

Andover Properties buys 666-unit self storage facility in Napa, California

Our readA private owner-operator adding a recent build in a wine-country market is a single-asset purchase rather than a platform move. How the mixed unit offering fares against local supply, and whether the building is leased up, stay open.

PR Newswire ·

  1. REITs & consolidation

    Public Storage same-store revenue and NOI rise 0.5% in third quarter; guidance raised

    Public Storage reported third quarter same-store revenue and NOI each up 0.5% across 2,755 facilities, core FFO of $4.34 a share, and raised its 2026 core FFO guidance.

    Public Storage (SEC Form 8-K, Exhibit 99.1) ·

  2. Technology & access control

    Janus International announces Noke Infinite, a Bluetooth and NFC smart lock for storage units

    Janus announced Noke Infinite, a Bluetooth and NFC self-storage lock, and says tenants can still unlock by phone after the battery reaches end of life.

    Janus International Group ·

  3. Revenue management & pricing

    Cubby says median REIT store cut its 10x10 online rate 8.6% in peak season; independents barely moved

    Cubby says the median REIT store cut its 10x10 online rate 8.6% from May to September; its release does not define REIT or independent.

    Cubby ·

  4. Regulation & lien law

    Maryland sets a nonrenewal and disposal notice process for self-storage operators

    Maryland's House Bill 618 sets a nonrenewal process for self-storage: at least 30 days to remove goods, then 10 days' notice before disposal, with email backed by mail.

    Maryland General Assembly ·

  5. Development & site selection

    Atlanta council votes to require special use permits for self-storage facilities

    Atlanta's City Council adopted an ordinance on October 5 that requires special permits for self-storage and secured-storage facilities in several districts.

    Atlanta City Council ·

  6. REITs & consolidation

    Andover and Heitman launch self-storage joint ventures covering more than 106 properties

    Andover Properties and Heitman say their new self-storage joint ventures launched with more than 106 properties across 16 states, with more deals planned.

    Andover Properties (PR Newswire) ·

  7. REITs & consolidation

    SmartStop agrees a conditional joint venture in a 14-property Canadian storage fund

    SmartStop Self Storage REIT has agreed to a proposed joint venture with ICM Bluebird Canadian Self Storage LP. ICM Bluebird says SmartStop will commit up to $300 million, with no currency given; SmartStop says the 14-property fund is about half occupied.

    ICM Bluebird Canadian Self-Storage LP ·

  8. Development & site selection

    Yardi Matrix projects self-storage new supply to keep shrinking through 2028

    Yardi Matrix's second-quarter 2026 forecast projects new US self-storage supply falling from 52.9 million square feet this year to 38.6 million by 2028, as construction starts and the under-construction pipeline both shrink from a year earlier.

    Yardi Matrix ·

  9. Regulation & lien law

    Two new California laws tighten self-storage lien notices and pricing disclosure

    Two California laws taking effect January 1, 2026, raise the bar for proving a lien notice was received by email and require storage operators to spell out promotional pricing and rent-increase caps on the first page of a rental agreement.

    California Legislative Information ·