Union Realtime LLC, a technology-services company that specializes in self-storage development data, has formed a strategic partnership with List Self Storage (LLS), which operates a website for real estate professionals to list and identify facilities for sale. The partnership will allow Union Realtime’s Radius customers to identify facilities listed for sale, run analyses and view details on the LSS website. In addition, LSS users will be able to open any listing directly in Radius with one click, according to a press release.
“LSS is the self storage industry’s largest listing aggregator of both raw land and existing facilities,” said Cory Sylvester, principal at Union Realtime. “Enabling developers and acquirers to quickly identify and analyze on-market deals at scale is a game-changer for this industry.”
“We strive to make List Self Storage a streamlined solution for the acquisition process, and the partnership with Union Realtime to provide enterprise-quality feasibility analysis for those utilizing the services of LSS is a natural collaboration,” added Theresa Gallas, president of LLS. “We are pleased to offer additional resources, and with Radius’ on-demand reports, our users now have advanced analytics at their fingertips as part of the early stages of due diligence.”
Founded in 2015, LLS has represented more than $2 billion in self-storage, conversion and development assets for sale nationwide, according to the release. The website provides a directory of self-storage transaction specialists, providing a reference for all aspects of self-storage development, building, financing, purchasing, managing and selling.
Union Realtime uses technology solutions to deliver self-storage data and analysis. Among its offerings is Radius, an online tool that tracks market demographics, occupancy and rental rates in addition to new and existing self-storage supply. Its tracking data is updated daily.