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StorageMart announces the acquisition of 15 self storage facilities in New York

The facilities have been acquired for $1B 

February 3, 2026:
A partnership led by StorageMart, which operates more than 350 self-storage properties across Canada, the United Kingdom and the United States, acquired 15 facilities in New York City from Washington-based investment manager Carlyle Group for $1.03 billion. It’s the second-largest self-storage transaction in the city’s history, following StorageMart’s purchase of Manhattan Mini Storage in 2021.
  
The portfolio includes locations in Brookyln, Manhattan, Queens and Staten Island. It totals approximately 1.3 million net rentable square feet in 25,498 storage units and 121 vehicle-storage spaces. The sites will operate as Manhattan Mini Storage, which now has 51 locations totaling more than 4 million net rentable square feet, the release stated.

“This acquisition reinforces our long-term commitment to New York City and our confidence in both the strength of the self-storage sector and the city’s enduring demand fundamentals,” said Alex Burnam, senior vice president of real estate acquisitions for StorageMart. “We’re proud to expand the Manhattan Mini Storage brand and continue setting the pace for innovation and growth in the industry.”

Source: https://www.insideselfstorage.com/facility-operators/untitled