Devon Self Storage Surpasses $2B AUM With 202-Facility Expansion
Devon Self Storage, part of The Inland Real Estate Group of Companies, announced it has grown its portfolio to 202 facilities in 2025, representing approximately $2 billion in assets under management. The milestone comes after nearly doubling its size since 2024 through high-quality acquisitions and developments, adding 96 new assets across 31 states and expanding its workforce to more than 400 employees.
Executives highlighted the firm’s customer-first approach and scalable operations, noting its recognition among the nation’s top storage operators as evidence of its growth strategy’s success.
“This milestone reflects our strategic focus adding nearly 100 self-storage facilities and doubling in size since 2024 through high-quality acquisitions and developments,” said Matthew Tice, co-CEO of Devon and SV of Inland Real Estate Acquisitions, LLC.
“We’ve focused on building a scalable, customer-first operation, and being named among the top operators in the country reinforces the impact of that approach,” added Ken Nitzberg, co-CEO of Devon. “We’re proud of the progress we’ve made and are excited about the opportunities ahead.”
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