StorTrack, a provider of market intelligence and related and services for the self-storage industry, has acquired List Self Storage (LSS), a national online platform for the sale and purchase of self-storage properties. The deal will give LSS users “enhanced” access to market analysis and data tools, according to a press release.
StorTrack partnered with LSS in February 2019 to offer its InSite Market Reports on the LSS platform. The reports combine StorTrack’s pricing data with key market indicators, such as demographics, to offer valuation insights on any chosen market, the release stated.
Integration between the two platforms will provide property brokers, developers, buyers and sellers with access to demographic and comparison data to assist in their decision-making. “We are confident [LSS] users will embrace StorTrack’s premier market intelligence, which will add to the accurate, real-time pricing data that we currently offer,” said Alison DeJaeger, president of LSS.
“There is perfect synergy between [LSS] and StorTrack’s MarketView platform,” said John Tilly, CEO of Aggregate Intelligence Inc., StorTrack’s parent company. “Bringing these services under the same ownership will enable us to drive closer integration between the two platforms, thus providing the self-storage industry with better tools to support opportunity recognition, market analysis and due diligence, and the ability to execute on those opportunities.”
Launched in 2014, StorTrack serves thousands of self-storage facilities across Australia, Europe and North America with local pricing data, market-valuation insights, reports and market-analysis tools.
Based in Detroit, Aggregate Intelligence is a global company specializing in data on air travel, e-commerce, events, hospitality, rental cars, retail and self-storage.
Founded in 2015, LSS has hosted more than $3 billion in self-storage, conversion and development properties for sale nationwide. The website also features an online vendor directory to assist users with aspects of developing, building, purchasing, financing, managing and selling a storage facility.
Source:
PRWeb, StorTrack Acquires List Self Storage
