/ Why Self Storage

Why self storage continues to outperform

We build our business on direct relationships with capital providers who value discipline and clarity. Our track record speaks for itself.
ABOUT US

Fragmented marketplace

Over 65% of storage facilities are owned by independent owner-operators outside of the top 100 operators. These facilities often lack the technological investment and operational sophistication necessary to compete in a rapidly consolidating market.

Resilience through cycles

Self-storage has generated the highest cumulative private market returns of any real estate asset class over the past 20 years. Need-based demand and increasing utilization rate have allowed storage to outperform through up and down markets.

Sticky tenant base

The average self-storage tenant stays for nearly 19 months and growing as lifestyle changes and cost of living have made self-storage use a low-cost extension of home. Tenants’ inertia once in place results in reoccurring revenue that quietly compounds over time.

Low costs, high margins

No build-out costs, low maintenance, limited staffing needs, and minimal capital requirements result in one of the most attractive operating margin profiles across all of commercial real estate. More of each dollar earned reach the bottom line in storage than almost any asset class.

/ WHY NEWCOAST

Driving returns through active asset management

Newcoast’s singular focus is finding the right opportunities paired with relentless execution to generate continued outperformance.

Best-in class sourcing

Our differentiated sourcing strategy centers on direct owner outreach using a proprietary database to identify acquisition targets and engage them directly. The relationships developed using this approach are critical to investment success. Our ability to find overlooked assets drives outsized returns.

Revenue optimization

A sophisticated, data-driven revenue management philosophy to every property in our portfolio. Pricing is adjusted in real time based on local market conditions that ensure consistent outperformance vs. the competition.

Targeted capital improvements

Whether it’s reconfiguring an existing unit mix to improve competitiveness or phased development to capture excess market demand and increase investor demand at exit, Newcoast’s in-house development expertise is deployed with a clear line of sight to value creation.

/ Investment Focus

Bringing institutional expertise to an inefficient marketplace

  • Newcoast
    Targeting primary and secondary markets
  • Newcoast
    Disciplined acquisition criteria
  • Newcoast
    Scalable investment approach
  • Newcoast
    Superior returns

/ PORTFOLIO SNAPSHOT

We go where the opportunity is

Our team’s experience investing across geographies gives us the conviction to deploy capital where the data leads us.

Newcoast owns and operates a growing portfolio of self-storage assets across the United States. Market selection is central to our investment thesis. Our team’s experience investing across geographies gives us the conviction to deploy capital where the data leads us. By partnering with best-in-class third-party property managers, we leverage their scale to our benefit across every asset in our portfolio.

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