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In September 2024, Woodbourne announced plans to build a £100m portfolio of self-storage facilities, beginning with a pound development in the West Midlands. [18] [19] In February 2025, Woodbourne sold a commercial investment to S&P 500-listed investment trust Realty Income in a £6.5 million off-market deal. [20]
Self storage (a shorthand for "self-service storage") is an industry that rents storage space (such as rooms, lockers, shipping containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals.
In 2016, an investment fund sponsored by Brookfield Corporation acquired Simply Self Storage, an owner/operator of 90 self-storage facilities in the U.S. totaling 6.8 million square feet, for $829 million. [58] It was sold to funds managed by The Blackstone Group in 2020 for $1.2 billion. [59]
The Lock Up was founded in 1976 by Robert Soudan and Charles Sample, who built their first self-storage facility in Northbrook, Illinois. Later, Soudan’s son, Bob Soudan, Jr., took over as president of The Lock Up. Soudan Jr. has also served as regional president, director and national president of the Self Storage Association.
A Public Storage facility in Los Angeles Public Storage in Ontario. Public Storage is the largest self-storage brand in the US. [2] As of 2022, there were 2,836 Public Storage locations in the United States. [23] There are 193 locations in Europe; European locations are operated by Shurgard Europe, which Public Storage owns 49 percent of.
StorageMart is a chain of self-storage facilities headquartered in Columbia, Missouri [1] that operates facilities across the United States, Canada and the UK. StorageMart was founded in 1999 by Gordon Burnam, who had been involved in the self-storage industry since 1974. Burnam's four children each hold executive positions within the company.
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