This gallery provides an in-depth exploration of the 2023 Inside Self-Storage Top-Operators Lists, analyzing notable growth and decline among this year’s top 100 facility owners and 50 management companies. See who’s moving through the ranks in this insightful analysis.
Blackstone Acquires Simply Self Storage for $1.2B With the completion of this deal, BREIT is now the third largest non-listed self-storage operator in the country.
Update 1/6/21 – BREIT completed its acquisition of Simply Self Storage on Dec. 18. With the deal complete, the company believes it is now the third largest non-listed self-storage operator in the United States, according a press release.
Simpson Thacher & Bartlett LLP served as BREIT’s legal adviser, while BofA Securities Inc. and Deutsche Bank Securities Inc. served as its financial advisers. Fried, Frank, Harris, Shriver & Jacobson LLP, Newmark Group Inc. and RBC Capital Markets LLC advised BAM.
In the tradition of annual year-end lists and rankings, here’s a look at the bestselling self-storage products this year in the ISS Store. The list provides insight to the types of information and topics your colleagues and competitors are consuming.
One of the marvels of 2020 is how in stride the self-storage industry took a potential punch to the gut and kept pressing forward. In the midst of a global pandemic and economic meltdown, the business was deemed essential, and operators quickly altered how they conducted daily business and processed rentals. For many, it was a full mobilization online, adding new technology tools that not only provided customer conveniences, but helped ensure social distancing and site safety. During a year that’s had little to smile about, operators and vendors should be proud of how they’ve handled the health crisis.