01
Company context
Global Storage Partners is based in Carlsbad, California. The company converts retail and big-box properties into self-storage facilities and enhances existing storage assets.
02
The challenge
The acquisitions workflow depended on manual research across multiple platforms. With only about one in ten reviewed properties fitting the company's criteria, the team spent substantial effort eliminating the wrong opportunities.
"Our old approach was manual, fragmented, and tedious. It was easy to overlook opportunities, and only about 1 in 10 properties reviewed actually fit our criteria, making our entire process cumbersome and inefficient."Steven Vrablic, Senior Acquisitions Analyst
03
How they used Beacon
Vrablic entered detailed investment criteria into Beacon. Automated searches and analysis brought matching opportunities into one workflow, reducing the time and effort previously spent combining multiple platforms.
The team used that focused pipeline to identify a value-add self-storage facility in New York.
04
The outcome
LOI submissions rose to seven to nine within 12 months on Beacon, a substantial increase from the company's previous methods. Global Storage Partners also agreed on terms for the New York facility, which was sourced entirely through PropRise.