WESTWOOD, NJ—After entering the self-storage marketplace in the late 1990s, first as a Storage USA franchisor, then as a developer and now as an owner and operator, The Hampshire Companies has grown a significant portfolio of self-storage properties, adding its 37th Extra Space Storage facility earlier this month. Hampshire has repositioned and developed 52 self-storage facilities with an aggregate value of over $585 million.
Hampshire developed the 100,000-square-foot, 916-unit self-storage facility at 15 Madison Avenue, Westwood, NJ, with a joint venture partner, First Westwood Realty, and it will be managed by Extra Space Storage.
Today the company has a longstanding, strategic partnership with Extra Space Storage, a leading public storage REIT, which manages dozens of facilities in Hampshire's portfolio spanning the I-95 corridor from New England to Virginia, with select markets in Florida. Over the next few years, Hampshire says its relationship with Extra Space Storage will reach more than 50 deals with an aggregate value of more than $750 million for projects in various asset life-cycle stages.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
