UPG Spaces Reports Milestone 2025 Success and Outlines 2026 Strategic Growth
UPG Spaces, part of United Properties Group, Inc., has marked an incredible year of expansion and tech advancements in 2025. With the recent nationwide launch of its 'Powered by HelloSpace+' initiatives and outstanding performance in the last quarter, UPG has solidified its status as an innovator in the self-storage and industrial sectors.
In the final quarter of 2025, the company recorded sales exceeding $17 million, completing transactions that totaled more than 500,000 Net Rentable Square Feet (NRSF) of storage and 42,000 square feet of industrial flex space specifically in Texas. Partnering with Eric Kaplan from Self Storage Realty Advisors, UPG brokers Thomas Holman and Julie Farrar are poised to close another $5 million in investments as soon as February 2026.
Under the company's management division, which oversees 8,000 units and a million NRSF, UPG introduced the HelloSpacePlus.com marketing platform in 2025 to optimize online performance. This initiative was bolstered by the opening of three new self-storage facilities in strategically chosen, underserved markets in Texas, adding over 300,000 NRSF of space to the portfolio.
An important milestone for UPG was the establishment of its in-house call center, 'Powered by HelloSpace+.' This center is staffed by a team of highly skilled sales professionals with extensive experience in the sector. The company is also adopting advanced automation and revenue management technologies aimed at enhancing operational efficiency across all third-party-managed assets.
Julie Farrar, President and CEO of UPG Spaces, shared, "We can now take an individualized approach to analyzing our markets. By examining each location carefully, we can identify the key adjustments that can lead to improved efficiency and stronger overall results. Despite the need for move-in discounts to attract new tenants, we have found that approximately 60% of renters end up staying for over a year. Additionally, the pace of new developments is slowing down to address the market oversupply in many areas."
For the upcoming year, UPG Spaces is focusing on several strategies:
1.
Digital Referral Programs: These will be enhanced through streamlined CRM (Customer Relationship Management) tools to boost customer interactions and referrals.
2.
Improved Automated Follow-Up Workflows: Enhancements on company websites will facilitate better engagement with potential customers after their initial inquiry.
3.
Integrated Advertising Flow: Plans to implement ads tailored to specific locations will help target the right audience more effectively.
4.
NOI Optimization: Careful expense management along with a focus on raising occupancy will enhance Net Operating Income (NOI).
About HelloSpace+
HelloSpace+ is committed to ensuring that storage is not just about convenience but also about establishing trust. With welcoming staff and state-of-the-art facilities, HelloSpace+ aims to elevate customer experiences to new heights.
About UPG Spaces
With over 40 years of experience in developing self-storage assets, UPG excels in offering a range of services including design, construction, brokerage, and management. More information can be found at
UPGSpaces.com.
Contact Information:
Heath Edwards, Managing Director
Phone: 888-406-5111
Email: [email protected]