Together, the facilities total more than 300,000 rentable square feet in 2,600 units

June 27, 2025: Etude Capital acquired a four-property portfolio in Nebraska and Wisconsin from Affordable Family Storage. Together, the facilities total more than 300,000 rentable square feet in 2,600 units. They’re managed by self-storage real estate investment trusts CubeSmart and Extra Space Inc. All were converted from big-box retail spaces or industrial warehouses. The seller was represented by Steve Mellon and Brian Somoza, senior managing directors; and Adam Roossien and Matthew Wheeler, directors for JLL Capital Markets, a global provider of capital solutions for real estate investors. Founded in 2012 and headquartered in Austin, Texas, Etude is a private-investment firm that owns 3.3 million rentable square feet of self-storage in eight states. Affordable Family Storage still operates more than a dozen facilities in Illinois, Indiana, Iowa and Kansas. The company opened its first facility in Council Bluffs, Iowa, in 2014.

Source: www.insideselfstorage.com/self-storage-investing-real-estate/self-storage-real-estate-acquisitions-and-sales-june-2025