10 Federal Expands Automated Self-Storage Network with Arkansas Acquisition

In a significant move to strengthen its market position, 10 Federal, a technology-first self-storage operator, has successfully acquired a portfolio comprising seven facilities in Arkansas. This venture marks the company's third entry into a new state within just one month, further expanding its footprint of properties across the United States. As of now, 10 Federal boasts over 130 facilities across 17 states, solidifying its status as a leading player in the automated self-storage sector.

The newly acquired Arkansas properties feature a total of 2,730 storage units and encompass 487,652 net rentable square feet. Strategically located in key markets such as North Little Rock, Bryant, Benton, and Jacksonville, these facilities are set to enhance 10 Federal's presence in the region. This acquisition showcases the company's scalable technology and operational model, which allows them to seamlessly integrate new assets and optimize performance from day one.

Andrew Capranos, President of 10 Federal, emphasized the importance of their proprietary operating platform in enabling rapid expansion. "Expanding into three states in one month is only possible because of the platform we have built. Our automated operating model eliminates the barriers that traditional operators face, allowing us to quickly integrate multi-property portfolios, control costs, and enhance revenue from the outset. This scalability is a core driver of our long-term growth strategy," he stated.

10 Federal's innovative operating system employs cutting-edge technology, including artificial intelligence and predictive analytics, to manage properties efficiently. This enables them to provide a fully self-service experience for customers 24/7. Moreover, this technological approach has consistently delivered enhanced net operating income (NOI), reduced operational expenses, and elevated customer satisfaction. Such improvements facilitate the company's coast-to-coast growth while maintaining operational integrity.

The integration of the newly acquired Arkansas facilities into 10 Federal's centralized operating platform will commence immediately. This system supports operations across numerous states and allows for the simultaneous onboarding of multiple properties without compromising service quality and pricing discipline. With this addition, 10 Federal now has properties operating in diverse states, including Arkansas, Colorado, Florida, Illinois, Iowa, Michigan, New Hampshire, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, Washington, and Wisconsin.

Through its commitment to leveraging advanced technology, 10 Federal has established itself as a formidable competitor in the self-storage industry. Known for owning and managing over 130 automated facilities, the company utilizes sophisticated data analytics to deliver superior returns for its investors. Recognized among the "Inc. 5000 Fastest Growing Companies" and other prestigious lists, 10 Federal's autonomous management platform is reshaping operational efficiency in modern self-storage.

In conclusion, the acquisition of the Arkansas portfolio not only enhances 10 Federal's regional presence but also exemplifies its dedication to technological advancement and scalability in the self-storage market. As the company continues to expand and innovate, it is poised to lead the industry into a new era of operational excellence and customer-centric service.

About 10 Federal

10 Federal is a technology-driven self-storage owner, operator, and management platform with a robust portfolio of over 130 facilities across 17 states. The company specializes in utilizing advanced technology, AI, and data analytics to provide superior operational efficiency and returns for both institutional and private investors.