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Every story on Facility Dispatch, newest first. Self-storage operator news, read for you.
- REITs & consolidation
Extra Space Storage posts 4.9% core FFO growth in second quarter
Extra Space Storage reported core FFO per share of $2.15 for the second quarter of 2026, up 4.9% from a year earlier, and raised its full-year guidance even as occupancy slipped slightly.
- Development & site selection
Yardi Matrix projects self-storage new supply to keep shrinking through 2028
Yardi Matrix's second-quarter 2026 forecast projects new US self-storage supply falling from 52.9 million square feet this year to 38.6 million by 2028, as construction starts and the under-construction pipeline both shrink from a year earlier.
- Technology & access control
Janus International adds a Bluetooth-and-NFC smart lock built for storage doors
Janus International announced Noke Infinite, a battery-powered wireless smart lock for self-storage unit doors that combines Bluetooth with NFC power harvesting so tenants can keep unlocking it after the five-year battery warranty runs out.
- Regulation & lien law
Two new California laws tighten self-storage lien notices and pricing disclosure
Two California laws taking effect January 1, 2026, raise the bar for proving a lien notice was received by email and require storage operators to spell out promotional pricing and rent-increase caps on the first page of a rental agreement.