(Logo Courtesy of Broadstreet Global)
Greenville, South Carolina-based Broadstreet Global, a leading private equity firm with a diverse portfolio spanning infrastructure land development, hospitality, specialty finance, and emerging sectors, announced a major expansion of its self-storage investments.
With 15 projects currently in development and over 8,100 units in the pipeline, the firm plans to establish more than 25 state-of-the-art self-storage facilities across high-growth Southeastern markets.
The announced expansion aligns with Broadstreet Global's strategy of integrating self-storage facilities near its infrastructure and residential developments, capitalizing on population growth and housing trends.
Officials said the self-storage market is rapidly gaining momentum, driven by a broader wave of economic migration into the Southeast U.S., where rising demand for flexible space is reshaping both residential and commercial real estate.
That momentum is being matched by investor activity, the officials said.
In 2024, the self-storage sector recorded $3 billion in sales across 822 properties, highlighting the sector's resilience and growing appeal as a stable, income-generating asset class.
"Expanding our self-storage assets is a natural reflection of how we invest: focused, fast-moving, and rooted in long-term fundamentals," said David Feingold, CEO of Broadstreet Global. "We're scaling quickly in a space where we see real demand, strong returns, and sustained growth potential."
All Broadstreet Global-owned self-storage facilities are managed by leading national operators, including Public Storage and Extra Space Storage.
Public Storage operates thousands of locations nationwide with over 218 million square feet of rentable space.
Broadstreet recently launched their new operating partnership with Extra Space, which manages more than 4,000 locations and 308 million square feet across the country.
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