Mini Mall Storage Properties Trust
By:
Avenue Living Asset Management
Invest in the growth of self-storages through Mini Mall Storage Properties Trust, leveraging cutting-edge technology to consolidate a fragmented market across North America.
Location
Canada
United States
Risk Profile
Moderate - High
N/A
Min. investment
$5,000
Investment Strategy
Value Add
ARR
12-15%
Horizon
Open-Ended Fund
Introduction
The Mini Mall Storage Properties Trust offers investors a unique opportunity to passively participate in the dynamic self-storage industry across Canada and the United States. By focusing on consolidating smaller, underperforming facilities through strategic acquisitions, the Trust harnesses Avenue Living’s expertise in real estate and technology to generate returns via operational improvements, automation, and increased leasing revenues. With over 8.3 million square feet under management and a proven track record of growth, Mini Mall Storage Properties Trust positions itself as a leader in capturing value in this fragmented yet resilient market.
Key Reasons to invest
Untapped Market Potential:
Capitalise on the fragmented self-storage industry by consolidating smaller, independently run facilities into a streamlined, efficient portfolio.
Technology-Driven Efficiencies:
Mini Mall applies advanced automation, pricing analytics, and operational improvements to maximise revenue and reduce overhead costs.
Resilient and Consistent Returns:
Invest in an asset class known for stability and demand growth, even during economic downturns, influenced by lifestyle shifts like remote work.
Proven Expertise and Scale:
Backed by Avenue Living’s established track record and extensive operational platform, Mini Mall is poised for accelerated growth and long-term success.
Project Overview
Mini Mall Storage Properties Trust employs a robust consolidation strategy designed to optimize the untapped potential of underperforming self-storage facilities. The Trust targets legacy assets (mom and pop operators) offering a combination of strong cash flow history and operational inefficiencies that can be improved with technology and streamlined management. By leveraging Avenue Living's operational platform, Mini Mall optimizes these acquisitions through:
- Automation and Technology: Implementing cost-saving solutions like kiosks, automated gates, and data analytics for pricing.
- Operational Efficiencies: Reducing overhead by minimising staff requirements and enhancing the customer experience.
- Revenue Optimisation: Utilising data-driven tools to dynamically adjust pricing and improve lease retention.
The Trust's acquisition strategy is guided by principles of market diversification, targeting recession-resilient, income-generating assets in fragmented markets across Canada and the United States. With a focus on regions with low institutional competition, Mini Mall Storage Properties aims to consolidate assets below replacement cost, creating a scalable and efficient portfolio.
Location
The self-storage market in both Canada and the United States presents significant consolidation opportunities. In the United States, with over 52,300 self-storage facilities, the market remains highly fragmented, dominated by smaller operators. Similarly, in Canada, a large portion of facilities is owned by individual operators who often lack the capital to scale their operations.
Mini Mall Storage Properties Trust capitalizes on this fragmentation by entering markets with limited institutional competition, acquiring underperforming assets, and applying Avenue Living's proven operational model to create efficiencies. This strategy is further bolstered by trends such as increased housing unaffordability and the rise of remote work, which continue to drive demand for storage solutions in suburban and secondary markets.
Multimedia
No items found.
Developer Overview
Avenue Living is a vertically integrated real estate owner and operator with over $6.0 billion AUM. Established in 2006, they acquire, enhance, and manage assets across Canada and the United States using four alternative investment vehicles. They apply an active approach to our operations and invest in legacy-run multi-family residential, self-storage, farmland and commercial assets. They are responsible stewards of capital and our goal is to create long-term value and generate returns for our stakeholders.