INDUSTRY NEWS & RESOURCES
More about Bancap Self Storage Group and the Self Storage Industry
SuperStorage Acquires A-1 Sierra Storage in Santa Clarita
Inside Self Storage - June 2017
A newly formed limited-liability company sponsored by California-based self-storage operator SuperStorage has acquired A-1 Sierra Storage in Santa Clarita, Calif...
Self Storage Industry Report
Blog Updated - May 2017
News stories from around the internet from the Self Storage Association blog.
Lender Foreclosed Self Storage Facility in California Sold
Press Release - January 2017
The property sold for over $3.3 million and closed on December 30, 2016...
Lender Foreclosed R.E.O. Self Storage Facility for Sale in California
California Self Storage Association - October 2016
LNR Partners has retained industry expert Dean Keller of Bancap Self Storage Group, Inc. to market and sell the Blythe Mini Storage property in east Riverside County, California. The property was foreclosed on by...
National Storage Affiliates Trust Announces Formation of $630 Million Joint Venture to Acquire iStorage Portfolio
Business Wire - September 2016
National Storage Affiliates Trust “NSA” today announced the formation of a joint venture with a major state pension fund, advised by Heitman Capital Management LLC....
iStorage buys San Francisco facility
The Spare Foot Storage Beat - August 2015
Winter Garden, FL-based iStorage has purchased the self storage facility at 4050 19th Ave. in San Francisco, CA for $9.8 million. The 800-unit facility is in the city's Ingleside neighborhood. Dean Keller of Bancap Self Storage Group brokered the deal....
iStorage Affiliate Buys 19th Avenue Self Storage in San Francisco
Inside Self Storage - August 2015
An affiliate company of Florida-based self-storage operator iStorage has acquired 19th Avenue Self Storage in San Francisco for $9.8 million. The multi-story property at 4050 19th Ave. ....
Brokers Selected to Market Rare Self Storage and Business Center
Press Release - May 2015
The Magellan Group announced that it has retained industry experts Dean Keller of Bancap Self Storage Group, Inc. and John Griffin of DTZ to market and sell the Muirlands Business Park and Magellan Storage property in Irvine, California...
SmartStop Self Storage buys portfolio for $145 million
The Spare Foot Storage Beat - March 2015
SmartStop Self Storage is in the final stages of purchasing a 32-property portfolio for $145 million — the largest acquisition ever made by the family of non-traded public REITs....
SmartStop's Affiliated REITs to Acquire 32 Self-Storage Properties for $145 Million
Inside Self Storage - March 2015
Strategic Storage Trust II Inc. and Strategic Growth Trust Inc., the real estate investment trusts (REITs) affiliated with SmartStop Self Storage, recently acquired 32 facilities totaling approximately 18,000 units and 1.9 million net rentable square feet of storage space from commercial real estate investor DSI Properties Inc. for $145 million....
Self-Storage REITS in $145M Deal
Orange County Business Journal - March 2015
Two real estate investment trusts affiliated with Ladera Ranch-based SmartStop Self Storage have bought 27 self-storage facilities and agreed to acquire five others for a total of $145 million....
SmartStop's Affiliated REITs to Acquire 32 Properties Located Throughout the United States for $145 Million
Market Wired - March 2015
SmartStop Self Storage's (SmartStop®) two affiliated REITs (Strategic Storage Trust II, Inc. and Strategic Growth Trust, Inc.) recently acquired 27 of the 32 facilities in a portfolio transaction totaling approximately 18,000 units and 1.9 million net rentable square feet with an aggregate purchase price of $145 million. The remaining five facilities are expected to close in the first quarter of 2015....
iStorage Affiliate Buys Concord Self Storage in Concord, California
Inside Self Storage - January 2015
A private limited-liability company managed by Florida-based self-storage operator iStorage has acquired Concord Self Storage in Concord, Calif., for $24 million. The single-story property at 1597 Market St. encompasses more than 155,000 net rentable square feet in more than 1,300 units and vehicle-storage spaces on 8.5 acres of land, according to a press release from Bancap Self Storage Group Inc., the commercial real estate firm that brokered the deal.....
Two Bay Area storage facilities sell for $31 million
The Spare Foot Storage Beat - January 2015
Winter Garden, FL-based iStorage recently purchasaed a pair of facilities in Northern California's San Francisco Bay Area for a combined $31 million.
Dean Keller, owner of Laguna Beach, CA-based Bancap Self Storage Group, brokered the deal. The two properties were sold together by the Lafayette, CA-based owner who developed them...