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Self Storage Insight Blog

Building a Storage Empire: The 27-Facility Blueprint

In this week’s episode of the Self Storage Insight Podcast, James Shepherd sits down with Don Tyree, Founder and Director of Operations at Family Heirloom Storage, to unpack how he built a rapidly growing portfolio of 27 self storage facilities and more than 4,000 units — with three more properties already under contract. What began as a part-time management job in 2006 has evolved into a multi-state operation fueled by strong partnerships, smart acquisitions, and a people-first approach to customer service.

After leaving a corporate role that offered little room for advancement, Don partnered with investor Joe Florentine and began acquiring small facilities across Florida. Over time, Don, Joe, and Joey Florentine scaled from one location to ten, sold several properties, and eventually launched the Family Heirloom Storage brand in 2024. Today, their portfolio spans over two dozen facilities, with growth accelerating as market pricing becomes more favorable for buyers.

 

A defining part of Don’s strategy is treating both customers and employees like family. Long-tenured managers, hybrid remote operations, and a commitment to personal touch set their business apart from larger operators who rely heavily on automation. While they use modern tools like online rentals, QR codes, and CCStorage’s digital platform to streamline onboarding, they balance technology with real human interaction — a key reason many tenants stay for four years or more across the portfolio.

Don also shared insights on occupancy management, explaining why Family Heirloom aims for around 90% rather than chasing 100%. He and his team target mom-and-pop facilities with weak web presence, dated curb appeal, and low marketing investment — properties where strategic updates can quickly add value. Their investor model is equally unique, welcoming contributions as small as $30,000, offering 5–6% returns, refinancing within three to five years, and allowing investors to retain equity long term. Most investors, Don notes, choose to reinvest repeatedly.

Looking back, Don says the biggest lesson is simple: you have to do it. Many aspiring operators research endlessly without taking action. His advice is to trust your gut, buy properties that fit your model, and learn through doing — the same mindset that helped Family Heirloom grow from one small facility to a thriving, multi-market brand.

For more conversations with industry operators and strategies that drive long-term growth, tune in to the Self Storage Insight Podcast and explore modern tools for facility management at ccstorage.com.

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