CHICAGO, IL, September 18, 2025 – Harrison Street Asset Management, a leading global investment management firm with approximately $100 billion USD in assets under management, today announced the nearly $100 million CAD sale of a five property self storage portfolio in Alberta, Canada. The assets comprise approximately 330,000 net rentable square feet across more than 3,000 units. This successful disposition marks Harrison Street’s first portfolio sale of Canadian assets.
The self storage assets, located in Edmonton, Sherwood Park, Red Deer County, Canmore, and Cochrane, were initially acquired in 2021 through Harrison Street’s US closed-end fund series. The portfolio has benefited from strong demographic trends and limited supply, while successfully enhancing operations through significant scale and strong institutional management. This portfolio disposition reinforces our long-term understanding of the Canadian self storage market.
“Executing our first portfolio sale of Canadian assets is a significant milestone in Harrison Street’s growth and this transaction illustrates our ability to strategically manage our portfolio while delivering liquidity to our investors during favorable market conditions,” said Ben Mohns, Head of Asset Management – North America at Harrison Street. “Self storage continues to experience high levels of demand and investor interest, and we look forward to working with our partners to identify additional opportunities both in Canada and other high-growth markets globally.”
Since its inception in 2005, Harrison Street has successfully invested over $3.6 billion in gross costs across 323 storage assets, comprising more than 215,000 units across 27 states in the US and three provinces in Canada. The firm has realized investments on more than 195 self storage properties for a gross cost of $2.4 billion.
About Harrison Street Asset Management
Harrison Street Asset Management is a leading global alternative investment management firm with over $100 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies. Headquartered in Chicago and London with approximately 520 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of 900 institutional and over 300 Registered Investment Advisors.1
Harrison Street Real Estate Capital has been recognized as one of the Best Places to Work by Pensions & Investments for ten years (2014-2020, 2022-2024) and has received 16 PERE awards since 2019, including the 2024 Alternatives Investor of the Year – Global award. Harrison Street paid no compensation in exchange for these awards; however, a submission fee was required for “Best Places to Work.” For more information, visit www.harrisonst.com.
1 HSAM data is generally comprised of the aggregated data of investment advisors that, subject to regulatory approvals, will be owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment advisors and is inclusive of the regulatory AUM of such investment advisors that is reported in their respective Form ADVs.
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Dukas Linden Public Relations
Harrisonstreet@DLPR.com
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