# StorageMart Added Five Facilities and 441,305 Square Feet in Q3 2026 Across Missouri, Kansas, and Florida > StorageMart's Q3 2026 growth mixed owned acquisitions with third-party management, pushing its Kansas City MSA footprint to 50 locations. A new South Florida Feldman partnership added 1,094 climate-controlled units as private platforms keep scaling while REIT development slows. - URL: https://www.yourcaio.co/news/storagemart-five-facilities-q3-2026-mo-ks-fl-october-2026 - Published: 2026-10-17 - Author: David Cartolano (https://www.yourcaio.co/about) - Category: Acquisitions - Tags: StorageMart, Kansas City, Third-Party Management, South Florida, Overland Park - Source: [Modern Storage Media](https://www.modernstoragemedia.com/news/storagemart-expands-with-five-new-facilities-across-mo-ks-fl-in-q3-2026) ## Key Takeaways - StorageMart added five facilities in Q3 2026 comprising 441,305 net rentable square feet and 3,112 units across Missouri, Kansas, and Florida, per Modern Storage Media on October 14, 2026. - On July 29, 2026, StorageMart onboarded its first third-party managed Kansas City MSA portfolio: three properties totaling 249,902 NRSF and 1,421 units in Lee's Summit, Peculiar, and Pleasant Hill, Missouri. - StorageMart acquired a 79,350-square-foot, 597-unit climate-controlled facility at 12252 Metcalf Ave in Overland Park, Kansas, on August 31, 2026, its eighth location in that submarket. - A newly built four-story facility at 14310 SW 260th St in Naranja, Florida, developed by The Feldman Companies, opened under StorageMart management on September 2, 2026 with 112,053 NRSF and 1,094 units. - Combined with the Kansas City additions, StorageMart reached 50 locations in the Kansas City MSA while [Heitman and Andover's October joint venture](https://www.yourcaio.co/news/andover-properties-heitman-106-property-joint-venture-october-2026) signaled institutional buyers still building scale through acquisitions rather than ground-up starts. **StorageMart** added **five facilities** in **Q3 2026** totaling **441,305 net rentable square feet** and **3,112 units** across **Missouri, Kansas, and Florida**, per **Modern Storage Media** on **October 14, 2026**. The quarter mixed **third-party management** onboarding in the **Kansas City MSA** with an **Overland Park acquisition** and a **Feldman Companies** development in **South Florida**, pushing StorageMart to **50 locations** in greater Kansas City. That pace lands while [Yardi Matrix data cited by BMS Group](https://www.yourcaio.co/news/bms-fall-2026-self-storage-street-rates-supply-outlook-october-2026) still shows national advertised rates down **1.9% year over year** through August 2026. Private platforms are not waiting for street-rate indices to turn positive before they add doors. --- ## What Did StorageMart Close and Onboard in Q3 2026? Modern Storage Media itemized every addition. The quarter splits into **one acquisition**, **one developer-managed opening**, and **one three-property third-party management portfolio**. | Market | Address / scope | Date | NRSF | Units | Structure | |--------|-----------------|------|------|-------|-----------| | Kansas City MSA (TPM) | Lee's Summit, Peculiar, Pleasant Hill, MO | July 29, 2026 | 249,902 | 1,421 | Third-party management | | Overland Park, KS | 12252 Metcalf Ave | Aug. 31, 2026 | 79,350 | 597 | Acquisition (2023 build) | | Naranja, FL | 14310 SW 260th St | Sept. 2, 2026 | 112,053 | 1,094 | New Feldman development | | **Q3 total** | **5 facilities** | | **441,305** | **3,112** | | **Herby Bowman**, SVP of StorageMart and Manhattan Mini Storage Third Party Management, framed the Kansas City onboarding as a milestone for a market StorageMart has called home for decades. > Kansas City has been home to StorageMart for decades, so adding our first third party managed property in this market is a milestone for our team. Whether an owner is running an established facility or opening a brand-new development, our Third Party Management program gives them the operational platform, marketing strength, and proven systems to maximize property performance from day one. The **Metcalf Avenue** buy is a **2023-vintage**, **three-story climate-controlled** asset. StorageMart now counts **eight Overland Park locations** and **19 Kansas stores** statewide. --- ## Why Is StorageMart Leading With Third-Party Management in Kansas City? Third-party management (TPM) is how large operators add units without writing every check themselves. StorageMart's July **249,902-square-foot** portfolio is its **first TPM footprint in the Kansas City MSA**, yet it immediately lifts the metro count to **50 stores**. That density matters for: - **Centralized pricing** and call-center coverage amortized across dozens of sites - **Brand recognition** on Interstate corridors where independents compete on location alone - **Marketing spend** that independents cannot match per facility The TPM model also rhymes with [Andover Properties and Heitman's October 2026 joint venture](https://www.yourcaio.co/news/andover-properties-heitman-106-property-joint-venture-october-2026): institutional capital buys or partners on real estate, while vertically integrated operators supply the operating playbook. StorageMart is selling that playbook outward. Owners who fear giving up control should read the fine print on onboarding: Modern Storage Media emphasizes **marketing strength** and **proven systems**, not passive fee collection. In a market where [Capright tracked REIT occupancy at 92.4% in Q2 2026](https://www.yourcaio.co/news/capright-october-2026-reit-occupancy-ecri-street-gap-2026), operators who cannot match REIT-grade revenue management feel the gap in renewals first. --- ## What Does the Naranja Opening Signal for South Florida Supply? The **September 2** Naranja opening is a **four-story, fully climate-controlled** building with **1,094 units** and **112,053 NRSF**. **The Feldman Companies** developed it; StorageMart manages it. Modern Storage Media calls Feldman StorageMart's **first regional developer partner in the Miami MSA**. That is a deliberate channel: StorageMart gets new product without carrying full development risk on every pad, while Feldman lands a national manager at stabilization. Naranja becomes StorageMart's **14th Florida location** and **third managed site in the state**. It opens in the same quarter [PODS' October pulse check](https://www.yourcaio.co/news/pods-moving-trends-pulse-check-florida-top-three-october-2026) still ranks Florida metros among the hottest portable-storage demand markets. Fixed storage and moving demand are not identical, but they correlate when housing turnover stays elevated. South Florida also remains a magnet for [international capital chasing U.S. storage](https://www.yourcaio.co/news/international-capital-us-self-storage-acquisitions-2026). StorageMart's domestic expansion and cross-border buyer interest are different capital stacks solving the same problem: own cash-flowing doors in supply-constrained coastal corridors. --- ## How Does Q3 Growth Fit the Broader 2026 Transaction Tape? October 2026 headlines are not shy about scale. [Heitman and Andover launched with 106 properties](https://www.yourcaio.co/news/andover-properties-heitman-106-property-joint-venture-october-2026). [Colliers moved a 2,883-unit Virginia portfolio](https://www.yourcaio.co/news/colliers-simply-storage-virginia-2883-unit-portfolio-october-2026). [Public Storage bought Colorado iBox assets](https://www.yourcaio.co/news/public-storage-colorado-ibox-aurora-fort-collins-october-2026). StorageMart's Q3 math is smaller in headline dollars but instructive in **mix**: - **249,902 SF** via TPM (no purchase price disclosed) - **79,350 SF** via acquisition of a 2023 build - **112,053 SF** via developer partnership That blend is what [BMS Group's fall 2026 outlook](https://www.yourcaio.co/news/bms-fall-2026-self-storage-street-rates-supply-outlook-october-2026) describes at the macro level: completions falling roughly **19% year over year**, REIT move-in rents turning positive, but **street asking rates still negative** in most metros. Operators who can integrate acquisitions quickly, or manage for outsiders, capture share while merchant developers wait for construction loans to reopen. --- ## The Numbers Worth Writing Down - **5** facilities added in **Q3 2026** - **441,305** net rentable square feet; **3,112** units - **50** StorageMart locations in the **Kansas City MSA** after July TPM onboarding - **249,902** SF / **1,421** units in the **three-property** Missouri TPM portfolio (July 29, 2026) - **79,350** SF / **597** units at **12252 Metcalf Ave**, Overland Park (acquired Aug. 31, 2026) - **112,053** SF / **1,094** units at **14310 SW 260th St**, Naranja, FL (opened Sept. 2, 2026) - National advertised rates **-1.9% YoY** in August 2026 (Yardi Matrix, via BMS) --- ## Operating Scale Beats Waiting on Street Rates StorageMart's Q3 2026 roll-up is not a bet that national asking rents flip positive overnight. It is a bet that **Kansas City density**, **Overland Park infill**, and **South Florida climate-controlled product** still earn fees when a platform runs marketing, pricing, and collections like a REIT. While activists push [UK listed operators toward sales](https://www.yourcaio.co/news/big-yellow-activist-investors-sale-pressure-october-2026) and pricing APIs land in [Storeganise's Veritec integration](https://www.yourcaio.co/news/storeganise-veritec-vrms-revenue-management-integration-october-2026), the acquirers who win are still the ones adding **square footage with a management story attached**. --- ## Sources - [StorageMart Expands with Five New Facilities Across MO, KS & FL in Q3 2026](https://www.modernstoragemedia.com/news/storagemart-expands-with-five-new-facilities-across-mo-ks-fl-in-q3-2026), Modern Storage Media - [Self Storage Market Outlook: Fall 2026](https://www.bmsgrp.com/self-storage-market-outlook-what-the-fall-2026-data-means-for-developers-and-investors/), BMS Group (Yardi Matrix data) ## Frequently Asked Questions ### How many facilities did StorageMart add in Q3 2026? Five facilities, per Modern Storage Media's October 14, 2026 announcement. Combined they added 441,305 net rentable square feet and 3,112 storage units across Missouri, Kansas, and Florida through acquisitions and third-party management onboarding. ### What was StorageMart's first third-party managed deal in Kansas City? On July 29, 2026, StorageMart onboarded a three-property portfolio at 4101 NE Port Rd (Lee's Summit), 11200 Bradleys Pkwy (Peculiar), and 3501 Short Rd (Pleasant Hill), Missouri. The package totaled 249,902 NRSF and 1,421 units, marking StorageMart's first third-party managed locations in the Kansas City MSA. ### Who developed the Naranja, Florida StorageMart facility? The Feldman Companies developed the four-story climate-controlled building at 14310 SW 260th St in Naranja, Florida. StorageMart began managing it on September 2, 2026. Modern Storage Media described Feldman as StorageMart's first regional developer partner in the Miami MSA. ### How many StorageMart locations operate in the Kansas City metro after Q3 2026? Fifty locations within the Kansas City MSA, according to Modern Storage Media. That count includes the July third-party management portfolio, the August Overland Park acquisition, and StorageMart's existing owned stores across Missouri and Kansas. ### How does StorageMart's Q3 growth compare with other October 2026 acquisition headlines? StorageMart expanded through both owned buys and third-party management, while [PGIM refinanced U Store It in Ireland](https://www.yourcaio.co/news/pgim-u-store-it-125-million-ireland-refinancing-october-2026) and [localstorage bought Vermont CubeSmart assets](https://www.yourcaio.co/news/localstorage-springfield-vermont-cubesmart-acquisition-october-2026). All three show capital still rotating into operating platforms even as [BMS Group's fall outlook](https://www.yourcaio.co/news/bms-fall-2026-self-storage-street-rates-supply-outlook-october-2026) documents negative national advertised rates. --- Cite as: David Cartolano, "StorageMart Added Five Facilities and 441,305 Square Feet in Q3 2026 Across Missouri, Kansas, and Florida," YourCAIO.co, 2026-10-17, https://www.yourcaio.co/news/storagemart-five-facilities-q3-2026-mo-ks-fl-october-2026