Global Self Storage (NASDAQ: SELF) is a self storage real estate investment trust that owns and operates self storage facilities across the United States. Revenue comes primarily from tenant rental payments on individual storage units, priced and managed through a proprietary revenue rate management program that adjusts move-in and existing tenant rates in real time. The company operates 12 same-store properties as of December 31, 2025, with 6,425 available leasable storage units and 829,249 net leasable square feet across locations in Illinois, Connecticut, Indiana, Ohio, New York, and Pennsylvania. Same-store revenues were $12.6 million for the twelve months ended December 31, 2025, up 1.4% from $12.5 million in FY2024. Overall square foot occupancy across the same-store portfolio was 93.0% as of December 31, 2025. The company operates under the registered "Global Self Storage" brand. Net income for FY2025 was $2.0 million, or $0.18 per fully diluted share.
- Revenue model
- Rental income from individual self storage unit leases, with rates set dynamically through a proprietary revenue management program. The company is structured as a REIT and uses Funds from Operations (FFO) as a supplemental performance measure alongside GAAP net income.
- Products and services
- Individual self storage units available for rent across owned facilities. The company operates under the registered "Global Self Storage" brand with an online rental platform at GlobalSelfStorage.us. It also employs competitor rate monitoring via internet data scraping to manage pricing across its portfolio.
- Customers and end markets
- Individual and business tenants renting self storage units on a month-to-month or term basis. No specific customer concentration data is disclosed in the filing excerpts.
- Value-chain role
- Direct owner-operator of self storage real estate. The company acquires, manages, and leases storage facilities without a third-party management intermediary disclosed in the excerpts.
- Geographic exposure
- United States only, with owned stores in Bolingbrook IL, Dolton IL, Merrillville IN, Fishers IN, Lima OH, Clinton CT, Millbrook NY, Rochester NY, and Sadsbury PA, as disclosed in the 10-K filed March 25, 2026.
Source: SEC 10-K, filed 2026-03-25
Industry:
Real Estate Investment Trusts
Peers:
American Tower Corp
CatchMark Timber Trust, Inc.
Uniti Group LLC
CorEnergy Infrastructure Trust, Inc.
Farmland Partners Inc
Gladstone Land Corp
Power REIT