Storage Pros

One of 2015's largest sales in the self-storage property market has its roots in Michigan. Located in Farmington Hills outside of Detroit, Storage Pros Management LLC recently completed the sale of $242.5 million worth of properties to a joint venture led by a major institutional investment...

Once upon a time, two real estate veterans came up with the idea of a startup that would operate as the self-storage equivalent of value investing. David Levenfeld and Ian Burnstein founded Storage Pros Management in 2007, and used their value acquisition strategy to get ahold of 55 self-...

Six months after real estate veterans Ian Burnstein and David Levenfeld met, they owned six self-storage properties together. After six years, they owned 55. Their partnership was born out of a shared vision: use a value investing strategy to build a self-storage business. At the time, “Class A...