Life Storage and Union Realtime Announce Development Data Partnership

Earlier this month Union Realtime launched the third version of our Radius Location Intelligence platform. One of the core enhancements to the platform was a development dataset that raised the standard for aggregating new supply information across the self-storage industry.

Today we are pleased to announce that we are taking another leap forward in tracking new supply by partnering with Life Storage.

Life Storage has chosen Union Realtime to lead an initiative to consolidate development project data across the self-storage industry. As part of the agreement, Life Storage will be sharing development data to enhance Union Realtime’s database of over 2,400 development projects. Union Realtime and Life Storage both share a common goal of creating a more transparent industry through data sharing.

“We are excited to collaborate with Union Realtime to accelerate the accuracy and transparency of development activity in the self-storage sector. Union Realtime is at the forefront of creating industry-leading datasets and analytics, and we are excited to partner with them on improving the quality of development data in the Radius platform for the betterment of the industry,” said Joseph Saffire, Chief Investment Officer of Life Storage.

“Life Storage is adding valuable real-time knowledge of development activity across the country,” said Cory Sylvester, Principal at Union Realtime. “This partnership serves as an important step towards a permanent structural change in the quality and consistency of accessible development data.”