Devon Doubles in Size Since 2024 Through Acquisitions & Dev

Devon Self Storage, one of the largest privately owned national self-storage developers, owners and managers and a member of The Inland Real Estate Group of Companies, Inc., proudly announces a milestone achievement of 202 self-storage facilities, representing approximately $2 billion in assets under management.

“We’re proud to celebrate Devon’s achievement of reaching more than 200 self-storage facilities in our national portfolio,” said Matthew Tice, co-CEO of Devon and Senior Vice President of Inland Real Estate Acquisitions, LLC. “This milestone reflects our strategic focus adding nearly 100 self-storage facilities and doubling in size since 2024 through high-quality acquisitions and developments. Delivering on our commitment to provide best-in-class self-storage solutions. We look forward to continuing this momentum across our portfolio, third-party services, and development pipeline.”

Devon’s recent ranking as #12 on the Inside Self-Storage Top 100 Operators List for 2025 further validates its position as a national leader in self-storage industry. The rankings are based on rentable square footage owned and/or managed, number of facilities, number of units, and operating names and location. This ranking reflects the company’s strong operational performance, strategic growth, and commitment to delivering high-quality storage solutions. The achievement of a 200-plus self-storage facility portfolio further reinforces Devon’s position as a top-tier operator in the national market.

“This milestone and recognition reflect the hard work and dedication of our entire team,” said Ken Nitzberg, co-CEO of Devon. “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. We’re proud of the progress we’ve made and are excited about the opportunities ahead.”

Through new builds and acquisitions in 2024 and early 2025, Devon added 96 self-storage assets across 31 states. To support this continued growth, the company expanded its national workforce to more than 400 employees.

Devon remains committed to strategic growth and delivering value across a rapidly expanding national self-storage portfolio.

About Devon Self Storage

Devon Self Storage Holdings, LLC, one of the largest privately owned national self-storage developers and operators, manages over 200 properties. Founded in 1988 by Ken Nitzberg, and now a member of The Inland Real Estate Group of Companies, Inc., Devon has established itself as a leader in the self-storage industry having owned, managed, or developed more than 350 self-storage facilities in 31 states and three European countries. Inland and Devon are headquartered in Oak Brook, Illinois. For more information on Devon Self Storage, please visit www.devonselfstorage.com. For more information on The Inland Real Estate Group of Companies, Inc., please visitwww.inlandgroup.com.