US Storage Centers has added another 1,346 units to its Southern California portfolio with the purchase of a 140,000-square-foot facility in Los Angeles. The firm is focused on buying Southern California properties and buying class-A properties with a certificate of occupancy. To find out more about the firms strategy and expectations for the year, and to get some insight into the self-storage investment space this year, we sat down with Charles Byerly, president and CEO of US Storage Centers, for an exclusive interview.

GlobeSt.com: What are your your expectations and goals for 2018?

Charles Byerly: We expect similar volume of deal flow in 2018 compared to 2017, but with the mix of deals being more lease up and certificate of occupancy deals as opposed to stabilized deals we were seeing over the past few years. We continue to develop new properties and look for acquisitions that contain a certificate of occupancy.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.