Continued Platform Growth and Strategic Investments Strengthen SAM’s Position for the Future
Storage Asset Management (“SAM”) announced its third-quarter 2026 same-store operating results across its managed portfolio. For the quarter, same-store revenue grew 2.5% year-over-year and same-store net operating income (NOI) grew 1.1%.
These results reflect SAM’s continued focus on balancing data-driven strategies and proven operating systems with customized, facility-level management approaches that respond to individual market conditions and ownership objectives.
YTD Q3 2026 Same Store Results
- Same-store revenue growth of 2.6% year-over-year
- Same-store net operating income (NOI) growth of 2.2% year-over-year
- 67 new stores added to our management YTD through Q3
- End of period occupancy growth of 1.9% compared to 9/30/2025
Management Commentary
“We’re honored to steward our owners’ investments, and we believe transparency is essential to building strong partnerships. Our ownership mentality means we approach every property with the same commitment to performance as if it were our own. As we continue to invest in new capabilities, our focus remains on developing strategies that reflect each facility’s unique needs and deliver meaningful results for our owners,” said Alyssa Quill, CEO of SAM.
Platform Growth
SAM added 22 facilities to its third-party management platform during the third quarter, expanding into Wyoming with its first managed property in the state and bringing its total portfolio to 607 properties across 39 states and Washington, D.C.
SAM Same-Store Pool
SAM’s same-store pools for the periods presented consist of stores that were stabilized by the first day of the prior year. SAM considers a store to be stabilized once it has been open for three years or has sustained average square foot occupancy of 80.0% or more for one calendar year. If a property has a substantial change in size, it is removed from the same store pool until the beginning of the calendar year at least 12 months from the date of change. The 2026 same-store pool includes 372 storage properties.
Company Updates
A New Phase for SAM: SAM is advancing one of the most significant transformations in its history, investing in and implementing new systems and capabilities across its portfolio of more than 600 properties. Key initiatives include a custom-built command center, advancements in artificial intelligence enabled tools, and enhanced machine learning capabilities. These investments are designed to make better use of data, streamline operations, improve customer experience, and equip team members with cutting-edge tools to make informed decisions.
Fighting Breast Cancer Together: SAM contributed $10,000 to the Susan G. Komen Foundation in support of breast cancer research, education, and awareness. Throughout October, SAM-managed facilities participated in a company-wide fundraising initiative. Team members also had the opportunity to make donations through payroll contributions. Together, these efforts generated $6,002.17, with SAM contributing the remaining amount to bring the total donation to $10,000.
A Redesigned Website: SAM launched a redesigned StorageAssetManagement.com, developed entirely in-house by its marketing and information technology teams. The updated website features a refreshed look and an improved experience that better reflect SAM’s position as a trusted, innovative third-party management partner serving self storage owners across 39 states and Washington, D.C.
About SAM
Storage Asset Management (SAM) is a York, PA based self storage property management company. SAM is the third largest third-party self storage management company in the United States and the largest privately owned self storage management company. For more information, please visit www.storageassetmanagement.com.