Skip to content
Panama City, FL (SSD) – Net Rentals: +4 (+400.0%); Occupancy: +18.2 pp; Occupied Revenue: +$5,232 (+37.7%).Boyle, MS (SSD) – Net Rentals: +14 (+155.6%); Occupancy: +11.0 pp; Occupied Revenue: +$5,751 (+28.9%).Fort Payne, AL (T10) – Net Rentals: +5 (+250.0%); Occupancy: +2.2 pp; Occupied Revenue: +$2,873 (+27.5%).Danville, IL (T10) – Net Rentals: +8 (+400.0%); Occupancy: +10.1 pp; Occupied Revenue: +$3,588 (+15.7%).Monteagle, TN (SSD) – Net Rentals: +5 (+500.0%); Occupancy: –0.2 pp; Occupied Revenue: +$2,712 (+16.1%).Harpersville, AL (SSD) – Net Rentals: +0 (+0.0%); Occupancy: +7.6 pp; Occupied Revenue: +$1,558 (+9.4%).Mansfield, OH (T10) – Net Rentals: +5 (+166.7%); Occupancy: +5.4 pp; Occupied Revenue: +$1,569 (+6.5%).Valley, AL (SSD) – Net Rentals: +2 (N/A%); Occupancy: +3.7 pp; Occupied Revenue: +$1,333 (+5.0%).Albertville, AL (T10) – Net Rentals: +0 (+0.0%); Occupancy: +2.4 pp; Occupied Revenue: +$2,412 (+19.6%).Hiawatha, IA (T10) – Net Rentals: +0 (+0.0%); Occupancy: +0.0 pp; Occupied Revenue: +$0 (+0.0%).Franklin (Otto), NC (T10) – Net Rentals: +0 (+0.0%); Occupancy: +4.3 pp; Occupied Revenue: +$1,301 (+15.1%).Monroe, NC (T10) – Net Rentals: +2 (+200.0%); Occupancy: +6.9 pp; Occupied Revenue: +$1,124 (+7.0%).LaFollette, TN (SSD) – Net Rentals: +1 (+100.0%); Occupancy: +0.3 pp; Occupied Revenue: +$587 (+3.1%).McCalla (Bessemer), AL (SSD) – Net Rentals: –1 (–100.0%); Occupancy: +4.3 pp; Occupied Revenue: +$376 (+1.7%).Taylors, SC (GLS) – Net Rentals: +0 (+0.0%); Occupancy: –3.7 pp; Occupied Revenue: +$579 (+3.2%).
Cahaba (Birmingham), AL (SSD) – Net Rentals: –3 (–300.0%); Occupancy: –0.9 pp; Occupied Revenue: –$215 (–2.4%).Okoboji, IA (SSD) – Net Rentals: –5 (–500.0%); Occupancy: –7.6 pp; Occupied Revenue: +$789 (+8.0%).Layton, UT (SDU) – Net Rentals: –9 (–128.6%); Occupancy: +0.1 pp; Occupied Revenue: +$376 (+1.7%).Phenix City, AL (SSD) – Net Rentals: ±0 (0.0%); Occupancy: –2.9 pp; Occupied Revenue: –$452 (–2.8%).Hampton, TN (T10) – Net Rentals: +1 (+50.0%); Occupancy: –12.8 pp; Occupied Revenue: +$39 (+0.3%).Thomson, GA (SSD) – Net Rentals: –3 (–75.0%); Occupancy: –0.4 pp; Occupied Revenue: +$1,574 (+6.5%).West Valley, UT (SDU) – Net Rentals: –2 (–100.0%); Occupancy: –1.1 pp; Occupied Revenue: +$554 (+3.4%).Greenville, SC (GLS) – Net Rentals: –3 (–300.0%); Occupancy: –4.8 pp; Occupied Revenue: –$331 (–1.8%).Elizabethton, TN (SSD) – Net Rentals: –2 (–200.0%); Occupancy: –3.7 pp; Occupied Revenue: –$579 (–3.1%).Yorkville, IL (T10) – Net Rentals: –4 (–400.0%); Occupancy: –2.1 pp; Occupied Revenue: +$1,058 (+5.7%).Griffin, GA (SSD) – Net Rentals: –1 (–33.3%); Occupancy: –4.3 pp; Occupied Revenue: +$379 (+2.8%).Cleveland, GA (SSD) – Net Rentals: –7 (–700.0%); Occupancy: –0.6 pp; Occupied Revenue: +$2,671 (+19.5%).
Boyle, MS: Generated $266,759 in total revenue YTD. It saw 191 move-ins versus 157 move-outs, reflecting robust activity and a net gain in tenants. This high move-in count places Boyle among the busier SSD sites.Cahaba (Birmingham, AL): Brought in $105,248 revenue through November, with 57 move-ins and 54 move-outs. Tenant turnover at Cahaba was low relative to other SSD sites, indicating a fairly stable occupancy (only 3 more move-ins than move-outs).Cleveland, GA: Recorded $180,964 in YTD revenue. It had 86 move-ins and 90 move-outs, a near balance that suggests stable occupancy with a slight net loss. Both its revenue and traffic were in the mid-range for the SSD group.Elizabethton, TN: Achieved $196,765 in revenue YTD. It processed 155 move-ins and 151 move-outs, showing healthy activity with an almost even turnover. Elizabethton’s revenue was among the higher in SSD, while its move-in/out counts indicate steady demand with minimal net change in occupants.Griffin, GA: Earned $182,208 in YTD revenue. This facility saw 235 move-ins and 191 move-outs – one of the highest influxes of tenants in the portfolio. Its high turnover corresponded with strong revenue, and the substantial net increase in occupants (44 more move-ins than outs) highlights Griffin as a high-growth site in SSD.Harpersville, AL: Posted $70,742 in total revenue, the lowest of all SSD sites. It had only 67 move-ins and 51 move-outs, indicating light activity. Harpersville’s modest revenue and low turnover suggest it’s a smaller facility or one with lower rental rates compared to its SSD peers.LaFollette, TN: Delivered $382,657 in revenue – the highest in the SSD portfolio. It logged 183 move-ins and 210 move-outs, meaning very high tenant churn. In fact, LaFollette’s move-out count was the greatest among SSD sites, slightly exceeding move-ins and resulting in a net occupancy drop. This combination of top-tier revenue and heavy turnover indicates a large, active facility with significant tenant cycling.McCalla (Bessemer), AL: Collected $254,333 in revenue YTD. It experienced 138 move-ins and 117 move-outs, reflecting solid traffic with a net positive tenant flow. McCalla’s revenue ranks near the top of the portfolio, underlining it as a strong performer with relatively high demand and moderate turnover.Monteagle, TN: Generated $225,818 in YTD revenue. It saw 192 move-ins and 194 move-outs, an extremely active turnover nearly in balance. Monteagle was among the busier SSD sites for tenant movement (almost 400 transactions total), while its revenue was also on the higher end of the portfolio.Okoboji, IA: Brought in $123,605 revenue through November. The facility had 57 move-ins and 56 move-outs, one of the lowest activity levels in SSD. This near one-to-one move ratio, coupled with modest revenue, suggests Okoboji is a smaller, steadier operation with minimal change in occupancy.Panama City, FL: Recorded $194,873 in YTD revenue. It handled 234 move-ins and 203 move-outs, making it one of the busiest SSD sites by volume. With over two hundred tenants moving in and out, Panama City exhibits high turnover alongside high revenue – indicating strong demand, albeit with significant churn.Phenix City, AL: Reported $168,510 in total revenue. It logged 135 move-ins against 129 move-outs, showing moderately high activity with a slight net gain. Both its revenue and turnover were mid-tier for SSD, reflecting solid but not extreme performance.Thomson, GA: Generated $138,040 in revenue YTD. It saw 92 move-ins and 96 move-outs, a mild negative turnover. Thomson’s metrics were on the lower side of mid-range in the portfolio – neither particularly high in revenue nor in tenant movement, suggesting a relatively stable operation with modest traffic.Valley, AL: Achieved $276,460 in revenue, placing it among the top revenue earners in SSD. It registered 179 move-ins and 179 move-outs – an exact balance. This perfect equilibrium of move-ins and move-outs is noteworthy, indicating that despite Valley’s high revenue and large number of transactions, its overall occupancy remained level over the year.
Layton, UT: Accrued $241,247 in revenue through November. It had 98 move-ins and 96 move-outs, nearly balanced turnover. Layton’s solid revenue and close parity between move-ins and move-outs indicate steady occupancy and consistent demand.West Valley, UT: Generated $303,412 in YTD revenue, the highest in the SDU group. Activity was high, with 155 move-ins and 161 move-outs. This site’s volume of moves was greater than Layton’s, and the slight net loss in tenants (6 more move-outs than ins) suggests a very active facility with high turnover. Despite that churn, West Valley’s revenue leadership highlights its strong market performance.
Greenville, SC: Brought in $255,129 in total revenue. It recorded 134 move-ins and 133 move-outs, essentially one-in, one-out turnover. Greenville’s revenue was slightly lower than Taylors’, but it experienced a higher churn of tenants. The nearly equal moves indicate a stable occupancy level sustained by continuous leasing activity.Taylors, SC: Achieved $275,527 in revenue YTD, making it the top earner in GLS. It saw 98 move-ins and 84 move-outs, which is a net positive inflow of tenants. Taylors had fewer total move transactions than Greenville, suggesting lower turnover; however, its substantial revenue and net gain in occupants point to strong growth and effective occupancy management at this site.
Albertville, AL: Posted $162,833 in YTD revenue. Tenant activity was fairly high with 150 move-ins and 134 move-outs. Albertville’s revenue is mid-pack in T10, but its move-in volume was among the higher, indicating active leasing and a net occupancy gain over the year.Danville, IL: Generated $293,940 in revenue, the highest in the T10 portfolio. It also saw 203 move-ins and 157 move-outs, the greatest number of move-ins among T10 sites. This combination of top revenue and high turnover highlights Danville as a very active, high-performing facility (with a substantial net increase of tenants, given move-ins exceeded move-outs by 46).Fort Payne, AL: Earned $143,117 in total revenue. It recorded 95 move-ins and 96 move-outs, an almost even swap of tenants. Fort Payne’s revenue and traffic were on the lower side of average for T10, and its perfectly balanced turnover (virtually no net change in occupants) suggests a stable occupancy throughout the year.Franklin, NC: Brought in $186,727 YTD. Notably, it had only 66 move-ins and 59 move-outs – relatively low turnover for a site with one of the higher revenues in T10. This implies that Franklin enjoys a strong revenue base with longer-term renters and minimal churn, distinguishing it from more volatile sites.Hampton, TN: Reported $148,348 in revenue. It saw 49 move-ins and 64 move-outs, which is the lowest move-in count in T10. Despite moderate revenue, the low influx of new tenants suggests limited growth at Hampton, and the move-outs exceeding move-ins by 15 indicates a slight decline in occupancy year-to-date.Hiawatha, IA: Generated $127,007 in revenue. Activity was modest with 51 move-ins and 54 move-outs. Hiawatha’s metrics are among the lowest in this portfolio, reflecting a small-scale operation. The near parity in moves resulted in a negligible net loss of tenants, pointing to steady but subdued performance.Mansfield, LA: Recorded $100,994 in revenue, the smallest revenue of the T10 sites. It had 105 move-ins and 92 move-outs, which is actually a healthy amount of activity relative to its revenue size. The net gain in tenants (13 more move-ins than outs) suggests Mansfield experienced growth, though from a low baseline.Monroe, LA: Delivered $115,306 in revenue. It handled 152 move-ins and 147 move-outs, a high turnover rate for a site with comparatively lower revenue. Monroe’s volume of tenant churn was second only to Danville in this portfolio, yet its revenue remained on the lower end, implying lower rental rates or smaller unit occupancy driving the high turnover.Yorkville, IL: Achieved $198,105 in revenue. It logged 72 move-ins and 66 move-outs, indicating moderate activity with a net gain of a few tenants. Yorkville’s revenue was the second-highest in T10, while its turnover was relatively low-to-medium. This suggests strong revenue generation perhaps from higher rates or occupancy, with only modest churn – a positive sign of stability and efficiency.
Storage Depot - Boyle MS (SSD) – Net Rentals: 5 (up 14 from -9 last year YoY); Occupancy: 82.9% (+11.0 pp YoY); Occupied Revenue: $18,044 (up $3,367 (22.9%) YoY).Storage Depot - Cahaba (SSD) – Net Rentals: -2 (down 3 YoY); Occupancy: 74.3% (-0.9 pp YoY); Occupied Revenue: $7,318 (up $278 (3.9%) YoY).Storage Depot - Elizabethton TN (SSD) – Net Rentals: -2 (up 1 from -3 last year YoY); Occupancy: 87.1% (+0.7 pp YoY); Occupied Revenue: $17,369 (up $4,657 (36.7%) YoY).Storage Depot - Griffin GA (SSD) – Net Rentals: 3 (no change YoY); Occupancy: 81.8% (+3.4 pp YoY); Occupied Revenue: $14,700 (up $800 (5.8%) YoY).Storage Depot - Hampton (T10) – Net Rentals: -1 (up 1 from -2 last year YoY); Occupancy: 56.8% (+1.9 pp YoY); Occupied Revenue: $6,925 (up $403 (6.2%) YoY).Storage Depot - Harpersville AL (SSD) – Net Rentals: 1 (up 3 from -2 last year YoY); Occupancy: 83.8% (+3.2 pp YoY); Occupied Revenue: $9,912 (up $1,380 (16.2%) YoY).Storage Depot - LaFollette TN (SSD) – Net Rentals: 1 (up 2 from -1 last year YoY); Occupancy: 88.9% (+4.4 pp YoY); Occupied Revenue: $7,956 (up $1,586 (24.9%) YoY).Storage Depot - McCalla (SSD) – Net Rentals: 4 (up 4 YoY); Occupancy: 84.0% (+7.8 pp YoY); Occupied Revenue: $10,922 (up $815 (8.1%) YoY).Storage Depot - Monteagle TN (SSD) – Net Rentals: 4 (up 5 from -1 last year YoY); Occupancy: 93.2% (+9.7 pp YoY); Occupied Revenue: $9,694 (up $3,654 (60.5%) YoY).Storage Depot - Phenix City AL (SSD) – Net Rentals: 3 (up 2 YoY); Occupancy: 82.1% (+1.8 pp YoY); Occupied Revenue: $11,577 (up $1,228 (11.9%) YoY).Storage Depot - Cleveland (SSD) – Net Rentals: -1 (down 7 (117%) YoY); Occupancy: 79.3% (-1.2 pp YoY); Occupied Revenue: $13,228 (up $3,328 (33.6%) YoY).Storage Depot - Okoboji IA (SSD) – Net Rentals: 0 (down 2 YoY); Occupancy: 87.1% (-1.0 pp YoY); Occupied Revenue: $10,323 (down $1,404 (-11.9%) YoY).Storage Depot - Panama City FL (SSD) – Net Rentals: 3 (up 4 from -1 last year YoY); Occupancy: 86.8% (+1.5 pp YoY); Occupied Revenue: $11,530 (down $250 (-2.1%) YoY).Storage Depot - Thomson GA (SSD) – Net Rentals: 0 (up 2 from -2 last year YoY); Occupancy: 88.9% (+1.2 pp YoY); Occupied Revenue: $9,900 (down $1,369 (-12.1%) YoY).Storage Depot - Valley AL (SSD) – Net Rentals: 2 (up 2 from 0 last year YoY); Occupancy: 92.5% (+2.8 pp YoY); Occupied Revenue: $8,487 (down $80 (-0.9%) YoY).
Storage Depot of Utah - Layton (SDU) – Net Rentals: 3 (up 3 YoY); Occupancy: 88.9% (+2.7 pp YoY); Occupied Revenue: $14,464 (up $2,452 (20.4%) YoY).Storage Depot of Utah - West Valley (SDU) – Net Rentals: 5 (up 5 YoY); Occupancy: 88.8% (+2.8 pp YoY); Occupied Revenue: $18,178 (up $3,142 (20.9%) YoY).
Storage Depot - Albertville (T10) – Net Rentals: 3 (no change YoY); Occupancy: 71.5% (+1.5 pp YoY); Occupied Revenue: $10,012 (up $1,133 (12.8%) YoY).Storage Depot - Danville (T10) – Net Rentals: 6 (up 8 from -2 last year YoY); Occupancy: 80.1% (+2.0 pp YoY); Occupied Revenue: $39,828 (up $4,178 (11.7%) YoY).Storage Depot - Fort Payne (T10) – Net Rentals: 3 (up 5 from -2 last year YoY); Occupancy: 84.5% (+5.0 pp YoY); Occupied Revenue: $12,361 (up $2,012 (19.4%) YoY).Storage Depot - Franklin (T10) – Net Rentals: 4 (up 4 YoY); Occupancy: 94.3% (+2.8 pp YoY); Occupied Revenue: $19,206 (up $2,913 (17.9%) YoY).Storage Depot - Hiawatha (T10) – Net Rentals: 6 (no change YoY); Occupancy: 82.9% (+2.9 pp YoY); Occupied Revenue: $23,312 (up $2,596 (12.5%) YoY).Storage Depot - Mansfield (T10) – Net Rentals: 0 (up 3 from -3 last year YoY); Occupancy: 90.0% (+4.4 pp YoY); Occupied Revenue: $13,546 (up $1,385 (11.4%) YoY).Storage Depot - Yorkville (T10) – Net Rentals: 7 (up 3 YoY); Occupancy: 80.2% (+0.9 pp YoY); Occupied Revenue: $15,056 (up $1,078 (7.7%) YoY).Storage Depot - Monroe (T10) – Net Rentals: 1 (down 2 YoY); Occupancy: 80.4% (-0.2 pp YoY); Occupied Revenue: $11,323 (up $378 (3.5%) YoY).
Storage Depot - Taylors (GLS) – Net Rentals: 7 (up 7 YoY); Occupancy: 97.6% (+6.4 pp YoY); Occupied Revenue: $21,529 (up $4,086 (23.4%) YoY).Storage Depot - Greenville (GLS) – Net Rentals: -1 (down 2 YoY); Occupancy: 79.5% (-4.7 pp YoY); Occupied Revenue: $14,708 (up $299 (2.1%) YoY).
More
Share
Explore
251120 Storage Depot Meeting Notes
View 4 of Agenda 2
Done
Search
Done
Topic
Notes
Date
Added by
West Valley homeless issue, sealing vacant units, do we need motion sirens, cameras are being damaged, night light audit
Wed, Aug 13
Pics of West Valley Office; having property rekeyed
Wed, Aug 13
Unrentable, pics of units
Wed, Aug 13
Hampton Lender Obligations, asphalt, metal grates and roofing which is done, sent email to Cohen for more info
Wed, Aug 13
Look into unit mix at Taylors, occupancy down unit occupancy flat
@Ernest Gomez
Wed, Aug 13
🔴 Tier 1 – Highest Financial Impact (Largest NOI Gaps)
Wed, Sep 24
Griffin, GA (SSD): Severe Q3 occupancy loss (-31 units). NOI drag from high delinquency write-offs + vacancy.
Wed, Sep 24
Greenville, SC (GLS): NOI miss from occupancy losses (net -13 units Q3), revenue below budget, expenses slightly elevated.
Wed, Sep 24
SSD Portfolio Low Occupancy Sites (collectively): Harpersville, Thomson, Monteagle – while smaller individually, combined drag on SSD’s NOI (largest portfolio shortfall).
Wed, Sep 24
🟠 Tier 2 – Moderate Impact, Needs Focus
Wed, Sep 24
Hampton, GA (TSP): Occupancy dropped YoY, net -6 in Q3. NOI below plan despite TSP portfolio gains elsewhere.
Wed, Sep 24
Elizabethton, TN (SSD): Q3 net -11 units due to seasonal/student churn; revenue dip in short term.
Wed, Sep 24
Panama City, FL (SSD): Occupancy improved YoY but flat in Q3, leaving revenue short of budget.
Wed, Sep 24
🟡 Tier 3 – Lower Impact but Watch List
Wed, Sep 24
Danville, IL (TSP): Occupancy stagnant ~70%; NOI underwhelming. Smaller revenue site, but opportunity cost if not improved.
Wed, Sep 24
Monteagle, TN (SSD): Flat occupancy ~60%, NOI lagging. Small site, so limited financial impact, but symbolic of execution issues.
Wed, Sep 24
There are no rows in this table
Cubby
username and password is your email
Marketing Report
Storage Depot 2025 YTD Performance (Through November)
SSD Portfolio
The SSD portfolio’s 14 sites generated approximately $2.77 million in total revenue through November. Move-in volume was high (~2,001 move-ins) and slightly exceeded move-outs (~1,878), yielding a modest net gain in tenants but overall high turnover (for example, the Griffin GA facility saw 235 move-ins vs 191 move-outs). The top revenue contributor was LaFollette, TN, at roughly $383K YTD, whereas Harpersville, AL delivered the lowest revenue (around $71K YTD).
SDU Portfolio
The SDU (Utah) portfolio’s two sites earned about $545K combined YTD revenue (West Valley ~$303K; Layton ~$241K). Overall move-ins (253) nearly matched move-outs (257), indicating stable occupancy with a very slight net loss. Turnover is moderate, as one site (West Valley) saw relatively high churn (155 move-ins vs 161 move-outs) while the other (Layton) was almost balanced at 98 vs 96. The West Valley, UT location was the top earner at about $303K, with Layton, UT slightly lower at roughly $241K.
GLS Portfolio
The GLS (South Carolina) portfolio (2 sites) produced roughly $531K in total YTD revenue. Move-ins (232) slightly exceeded move-outs (217), resulting in a small net occupancy increase and moderate turnover overall. The Taylors, SC site led with about $276K YTD revenue, just ahead of Greenville, SC at approximately $255K.
T10 Portfolio
The T10 portfolio’s 9 sites combined for approximately $1.48 million in YTD revenue. Danville, IL was the top performer (around $294K by itself), while Mansfield, LA was the lowest at roughly $101K. Across T10, there were about 943 move-ins versus 869 move-outs, a net positive flow of tenants (~+74) that reflects moderate turnover with a mild occupancy gain.
November MTD 2025 Performance by Portfolio
Below are the Month-To-Date (MTD) November 2025 performance metrics for each portfolio (SDU, SSD, GLS, T10) compared to the same period in 2024. Each table lists site-level data and portfolio totals, including Leads, Conversion Rate, Move-Ins, Move-Outs, Net Rentals, Unit Occupancy, and Occupied Rate, with absolute differences and percentage changes versus last year.
SDU Portfolio
Table 24
Site
Leads (2025)
Leads (2024)
Δ (Abs)
Δ (%)
Conv Rate (2025)
Conv Rate (2024)
Δ (pp)
Δ (%) 8
Move-Ins (2025)
Move-Ins (2024)
Δ (Abs) 11
Δ (%) 12
Move-Outs (2025)
Move-Outs (2024)
Δ (Abs) 15
Δ (%) 16
Net Rentals (2025)
Net Rentals (2024)
Δ (Abs) 19
Δ (%) 20
Unit Occ (2025)
Unit Occ (2024)
Δ (pp) 23
Δ (%) 24
Occupied Rate (2025)
Occupied Rate (2024)
Δ (Abs) 27
Δ (%) 28
Storage Depot of Utah - Layton
7
16
-9
-56.2%
28.6%
43.8%
-15.2
-34.7%
9
8
1
12.5%
11
1
10
1,000%
-2
7
-9
-128.6%
81.3%
81.2%
0.1
0.1%
22,286
21,910
376
1.7%
Storage Depot of Utah - West Valley
8
17
-9
-52.9%
37.5%
41.2%
-3.7
-8.9%
10
7
3
42.9%
5
4
1
25%
5
3
2
66.7%
79.6%
84.1%
-4.5
-5.3%
27,870
28,126
-256
-0.9%
Total
15
33
-18
-54.5%
33.3%
42.4%
-9.1
-21.4%
19
15
4
26.7%
16
5
11
220%
3
10
-7
-70%
80.3%
82.9%
-2.6
-3.1%
50,156
50,036
120
0.2%
There are no rows in this table
SSD Portfolio
Table 25
Site
Leads (2025)
Leads (2024)
Δ (Abs)
Δ (%)
Conv Rate (2025)
Conv Rate (2024)
Δ (pp)
Δ (%) 8
Move-Ins (2025)
Move-Ins (2024)
Δ (Abs) 11
Δ (%) 12
Move-Outs (2025)
Move-Outs (2024)
Δ (Abs) 15
Δ (%) 16
Net Rentals (2025)
Net Rentals (2024)
Δ (Abs) 19
Δ (%) 20
Unit Occ (2025)
Unit Occ (2024)
Δ (pp) 23
Δ (%) 24
Occupied Rate (2025)
Occupied Rate (2024)
Δ (Abs) 27
Δ (%) 28
Boyle MS
10
10
0
0%
40.0%
70%
-30.0
-42.9%
9
7
2
28.6%
4
16
-12
-75%
5
-9
14
+155.6%
82.9%
71.9%
11
15.3%
25,642
19,891
5,751
28.9%
Cahaba
0
6
-6
-100%
N/A
50%
N/A
N/A
1
4
-3
-75%
3
3
0
0%
-2
1
-3
-300.0%
74.3%
75.2%
-0.9
-1.2%
8,877
9,092
-215
-2.4%
Cleveland
4
17
-13
-76.5%
50.0%
64.7%
-14.7
-22.7%
4
11
-7
-63.6%
5
5
0
0%
-1
6
-7
-116.7%
79.3%
80.5%
-1.2
-1.5%
16,376
13,705
2,671
19.5%
Elizabethton TN
7
25
-18
-72%
57.1%
32%
+25.1
+78.6%
7
8
-1
-12.5%
9
11
-2
-18.2%
-2
-3
1
+33.3%
75%
78.7%
-3.7
-4.7%
18,540
17,961
579
3.2%
Griffin GA
6
24
-18
-75%
50.0%
58.3%
-8.3
-14.3%
8
15
-7
-46.7%
5
7
-2
-28.6%
3
8
-5
-62.5%
63.8%
52.1%
11.7
22.4%
19,357
18,224
1,133
6.2%
Hampton
0
3
-3
-100%
N/A
33.3%
N/A
N/A
2
1
1
100%
3
3
0
0%
-1
-2
1
+50.0%
75.2%
88%
-12.8
-14.5%
12,223
12,184.4
38.6
0.3%
Harpersville AL
1
1
0
0%
0.0%
100%
-100.0
-100.0%
1
1
0
0%
0
3
-3
-100%
1
-2
3
+150.0%
53.5%
41.6%
11.9
28.6%
6,427
5,069.5
1,357.5
26.8%
LaFollette TN
13
16
-3
-18.8%
30.8%
50%
-19.2
-38.5%
8
10
-2
-20%
7
11
-4
-36.4%
1
-1
2
+200.0%
79.1%
89.7%
-10.6
-11.9%
33,605
32,027
1,578
4.9%
McCalla
6
10
-4
-40%
83.3%
60%
+23.3
+38.9%
8
6
2
33.3%
8
5
3
60%
0
1
-1
-100.0%
82.5%
74.3%
8.2
11%
23,170
21,553
1,617
7.5%
Monteagle TN
8
8
0
0%
87.5%
87.5%
0.0
0.0%
9
7
2
28.6%
5
8
-3
-37.5%
4
-1
5
+500.0%
56.8%
57%
-0.2
-0.4%
19,549
16,837
2,712
16.1%
Okoboji IA
0
5
-5
-100%
N/A
80%
N/A
N/A
0
4
-4
-100%
4
3
1
33.3%
-4
1
-5
-500.0%
81.1%
88.6%
-7.6
-8.6%
10,689
9,900
789
8%
Panama City FL
46
15
31
206.7%
21.7%
53.3%
-31.6
-59.2%
15
8
7
87.5%
12
9
3
33.3%
3
-1
4
+400.0%
83.9%
65.7%
18.2
27.7%
19,103
13,871
5,232
37.7%
Phenix City AL
8
17
-9
-52.9%
87.5%
52.9%
+34.6
+65.3%
11
10
1
10%
6
5
1
20%
5
5
0
0.0%
80.1%
83%
-2.9
-3.5%
15,893
16,345
-452
-2.8%
Thomson GA
5
8
-3
-37.5%
80.0%
62.5%
+17.5
+28.0%
4
7
-3
-42.9%
4
9
-5
-55.6%
0
-2
2
+100.0%
59.7%
63.9%
-4.2
-6.6%
12,438
12,804
-366
-2.9%
Valley AL
8
12
-4
-33.3%
37.5%
33.3%
+4.2
+12.5%
6
6
0
0%
4
6
-2
-33.3%
2
0
2
N/A
74.3%
77.9%
-3.6
-4.6%
25,111
22,224
2,887
13%
Total
122
177
-55
-31.1%
43.4%
54.2%
-10.8
-19.9%
93
105
-12
-11.4%
79
104
-25
-24%
14
1
13
+1300.0%
73%
71.2%
1.8
2.5%
267,000
241,687.9
25,312.1
10.5%
There are no rows in this table
GLS Portfolio
Table 26
Site
Leads (2025)
Leads (2024)
Δ (Abs)
Δ (%)
Conv Rate (2025)
Conv Rate (2024)
Δ (pp)
Δ (%) 8
Move-Ins (2025)
Move-Ins (2024)
Δ (Abs) 11
Δ (%) 12
Move-Outs (2025)
Move-Outs (2024)
Δ (Abs) 15
Δ (%) 16
Net Rentals (2025)
Net Rentals (2024)
Δ (Abs) 19
Δ (%) 20
Unit Occ (2025)
Unit Occ (2024)
Δ (pp) 23
Δ (%) 24
Occupied Rate (2025)
Occupied Rate (2024)
Δ (Abs) 27
Δ (%) 28
Greenville
2
15
-13
-86.7%
100%
73.3%
26.7
36.4%
5
11
-6
-54.5%
6
5
1
20%
-1
6
-7
-116.7%
72.6%
73.6%
-1
-1.3%
22,871
21,168
1,703
8%
Taylors
4
9
-5
-55.6%
75%
66.7%
8.3
12.5%
6
6
0
0%
2
1
1
100%
4
5
-1
-20%
90.5%
87.1%
3.4
3.9%
26,054
24,483
1,571
6.4%
Total
6
24
-18
-75%
83.3%
70.8%
12.5
17.6%
11
17
-6
-35.3%
8
6
2
33.3%
3
11
-8
-72.7%
78.3%
77.9%
0.4
0.6%
48,925
45,651
3,274
7.2%
There are no rows in this table
T10 Portfolio
Table 27
Site
Leads (2025)
Leads (2024)
Δ (Abs)
Δ (%)
Conv Rate (2025)
Conv Rate (2024)
Δ (pp)
Δ (%) 8
Move-Ins (2025)
Move-Ins (2024)
Δ (Abs) 11
Δ (%) 12
Move-Outs (2025)
Move-Outs (2024)
Δ (Abs) 15
Δ (%) 16
Net Rentals (2025)
Net Rentals (2024)
Δ (Abs) 19
Δ (%) 20
Unit Occ (2025)
Unit Occ (2024)
Δ (pp) 23
Δ (%) 24
Occupied Rate (2025)
Occupied Rate (2024)
Δ (Abs) 27
Δ (%) 28
Albertville
3
12
-9
-75%
66.7%
58.3%
+8.3
+14.3%
8
7
+1
+14.3%
5
4
+1
+25.0%
3
3
0
0.0%
71.5%
70.1%
+1.5
+2.1%
14683.0
12271.8
+2411.2
+19.6%
Danville
4
18
-14
-77.8%
75%
66.7%
+8.3
+12.5%
10
11
-1
-9.1%
4
13
-9
-69.2%
6
-2
+8
+400.0%
87.3%
77.2%
+10.1
+13.1%
26396.0
22807.6
+3588.4
+15.7%
Fort Payne
5
11
-6
-54.5%
60%
72.7%
-12.7
-17.5%
7
8
-1
-12.5%
4
10
-6
-60.0%
3
-2
+5
+250.0%
79.9%
77.7%
+2.2
+2.8%
13307.0
10434.0
+2873.0
+27.5%
Franklin
5
7
-2
-28.6%
20%
28.6%
-8.6
-30.0%
6
2
+4
+200.0%
6
1
+5
+500.0%
0
1
-1
-100.0%
88.0%
88.0%
+0.0
+0.0%
17181.0
14786.0
+2395.0
+16.2%
Hiawatha
4
16
-12
-75%
50%
31.2%
+18.8
+60.0%
4
6
-2
-33.3%
1
4
-3
-75.0%
3
2
+1
+50.0%
85.6%
85.6%
-0.0
-0.0%
12024.0
10363.0
+1661.0
+16.0%
Mansfield
6
9
-3
-33.3%
33.3%
55.6%
-22.2
-40.0%
3
5
-2
-40.0%
3
8
-5
-62.5%
0
-3
+3
+100.0%
75.1%
64.0%
+11.1
+17.3%
8658.9
7087.9
+1571.0
+22.2%
Monroe
10
15
-5
-33.3%
70%
66.7%
+3.3
+5.0%
8
11
-3
-27.3%
3
2
+1
+50.0%
5
9
-4
-44.4%
68.4%
69.9%
-1.5
-2.1%
11555.0
9489.0
+2066.0
+21.8%
Yorkville
1
6
-5
-83.3%
100%
33.3%
+66.7
+200.0%
2
3
-1
-33.3%
2
2
0
0.0%
0
1
-1
-100.0%
90.2%
88.7%
+1.5
+1.7%
17931.0
16876.2
+1054.8
+6.3%
Total
38
94
-56
-59.6%
55.3%
54.3%
There are no rows in this table
November 2025 MTD Site Performance – YoY Analysis
Performing Sites (YoY Outperformance)
The following sites show strong year-over-year (YoY) improvements in November 2025 MTD across Net Rentals, Occupancy, and Occupied Revenue. They are ranked by a composite score (considering absolute and percentage changes in these metrics):
Insights: These performing sites generally had higher net rentals (more move-ins vs last year’s period) and increased occupancy rates, leading to higher occupied revenue YoY. For example, Storage Depot – Boyle MS improved from –9 to +5 net rentals YoY and saw an ~11 percentage-point rise in occupancy, boosting occupied revenue by ~29%. Such strong across-the-board gains indicate effective management and demand growth at these facilities.
Underperforming Sites (YoY Underperformance)
The following sites are underperforming in November 2025 MTD, showing YoY declines or weak growth in key metrics. They are listed roughly from most to least underperforming (based on the composite score):
Insights: These underperforming sites tend to have flat or negative net rentals (indicating move-outs outpacing move-ins), declining occupancy rates, or stagnant/declining revenue. For instance, Storage Depot – Cahaba (AL) had 3 fewer net rentals this November vs last year and a slight drop in occupancy (~0.9pp), resulting in a ~2.4% revenue decline YoY. Sites like Hampton, TN show a major occupancy drop (–12.8 points) despite a minor uptick in net rentals, suggesting potential issues with retention or demand. Overall, the underperformers require attention to improve rentals and occupancy to boost revenue.
Storage Depot – 2025 YTD Performance Update (Through November)
SSD Portfolio (Southeast Storage Division)
The SSD portfolio’s 14 facilities showed varied performance through November 2025, with some sites experiencing much higher volumes of activity and revenue than others. Notably, the LaFollette, TN site led in revenue while Harpersville, AL lagged. Turnover (move-ins and move-outs) also ranged widely, from very active sites like Griffin, GA to quieter locations like Cahaba, AL. Below is a site-by-site summary:
(Overall, the SSD portfolio exhibits a broad spectrum of site performance. High-revenue sites like LaFollette, Griffin, Panama City, and Valley tend to also have high tenant turnover, whereas the smaller sites (e.g. Harpersville, Cahaba, Okoboji) show both lower revenue and lower movement. Several sites (Cahaba, Elizabethton, Thomson, Valley) maintained near-balanced turnover, suggesting stable occupancy, while others either grew (Boyle, Griffin, Panama City) or saw slight occupancy declines (LaFollette) due to turnover patterns.)
SDU Portfolio (Utah Portfolio)
The SDU portfolio consists of two Utah facilities, which together have seen strong performance in 2025. West Valley has outperformed Layton in both revenue and tenant activity, reflecting its larger size or market, but both sites show healthy operations:
GLS Portfolio (South Carolina Portfolio)
The GLS portfolio’s two South Carolina sites – Greenville and Taylors – both delivered robust revenues above $250k YTD, with some differences in tenant turnover. Taylors edged out Greenville in revenue, while Greenville saw a bit more tenant movement:
T10 Portfolio (Top 10 Portfolio)
The T10 portfolio’s 9 sites had a mix of performance outcomes up to November 2025. Danville, IL stood out as a major contributor with the highest revenue and traffic, whereas Mansfield, LA was the smallest on both metrics. A few sites (e.g. Franklin, NC) combined high revenues with low turnover, implying stable long-term tenancy, while others (Albertville, Monroe) saw high churn relative to their revenue. The following are the site-specific results:
November 2025 MTD Site Performance by Portfolio
In each portfolio, sites are categorized as Performing (showing positive year-over-year trends in most or all key metrics) or Underperforming (showing flat or negative YoY performance). The key metrics evaluated are Net Rentals (move-ins minus move-outs), Occupancy (percent of units occupied), and Occupied Revenue (rent collected), comparing November 2025 month-to-date to the same period in 2024. Performance classification is based on a composite of these metrics – for example, sites with improvements in at least two of the three metrics are labeled Performing. Below, for each site we list its Net Rentals with YoY absolute change (and % where meaningful), Occupancy with YoY change in percentage points (pp), and Occupied Revenue with YoY absolute and % change.
SSD Portfolio
Performing:
Underperforming:
SDU Portfolio
Performing:
Underperforming: None – all SDU sites show positive YoY growth in these metrics.
T10 Portfolio
Performing:
Underperforming:
GLS Portfolio
Performing:
Underperforming:
Sources: SD Facility Scorecard data for November 2025 (MTD).
Want to print your doc?
This is not the way.
This is not the way.
Try clicking the ··· in the right corner or using a keyboard shortcut (
CtrlP
) instead.