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The Roll Up: Weekly Self-Storage Development Round Up 2.10.2016
Construction of a new 76,000-square-foot CubeSmart facility at 6130 E. Ben White Boulevard in Austin, TX is nearing completion. The foundation for a second building is currently being laid. According...
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Brand new facility in Austin goes off the grid
An environmentally friendly self-storage facility has opened in the western outskirts of Austin—and if the owner has his way it won’t be the last. Green Storage Plus began operating on 5216 Electric...
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Developer Marc Slayton readies 4 facilities in NYC
Storage developer Marc Slayton is set to open four new self-storage facilities in and around New York City over the next sixty days. The facilities, two in the Bronx and one in New Rochelle (pictured...
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The Roll Up: Weekly Self-Storage Development Round Up 3.9.2016
Robert Walker, owner of Storage of America, recently purchased the Port Huron Factory Shops outlet mall in Kimball Township, MI (pictured above). Walker plans to convert vacant portions into the mall...
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Texas operator plans 15 new facilities
A Houston-based developer and operator has unveiled its current development pipeline, which will deliver 15 facilities at a cost of $125 million. The new facilities developed by The Jenkins...
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Austin storage developer stakes out its home turf
The population of Austin, TX is booming. The metro area of nearly two million grew by three percent last year, making the Texas capital the third-fastest growing metro in the country. As more and more...
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The Roll Up: Weekly Self-Storage Development Round Up 4.27.2016
Cary, NC-based Ultimate Storage Company continues to add to its self-storage development pipeline with its latest project: a 75,000-square-foot facility on a five-acre site in Leland, NC. Principal...
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Zoning change opens doors to Charlotte self-storage
A recent zoning change in Charlotte is leading to a flurry of applications for new self-storage development in the North Carolina city’s urban core. In 2015, the Charlotte City Council amended a rule...
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The Roll Up: Weekly Self-Storage Development Round Up 5.11.2016
Dallas-based Leon Capital Group broke ground on a new 105,987-square-foot self-storage facility in Round Rock, TX. The facility, at 215 North A.W. Grimes Boulevard, will be managed by CubeSmart. It is...
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The Roll Up: Weekly Self-Storage Development Round Up 5.25.2016
A recently formed self-storage developer, Baranof Holdings, is coming out of the gates with four self-storage projects currently under construction and another four projects in the wings. The...
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The Roll Up: Weekly Self-Storage Development Round Up 6.8.2016
An iconic retail strip in Austin, TX is destined to become the site of a self-storage facility. Known by locals as Slackerville, the site is being sold by its longtime owner due to rising property...
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Adaptive reuse projects shine as self-storage development ramps up
Self-storage conversions are creating a buzz as the self-storage industry looks to expand supply to meet growing demand amid difficult municipal zoning and permitting environments across the nation....
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Small town bans new storage development
A recently imposed moratorium on new self-storage buildings in parts of Lincolnwood, IL, population 12,500, just outside Chicago, isn’t exactly out of the norm. Developers across the country have met...
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The Roll Up: Weekly Self-Storage Development Round Up 6.22.2016
The William Warren Group is building an $11 million, 815-unit StorQuest facility in Denver, CO, according to the Colorado Real Estate Journal. It will be located at West Sixth Avenue and Kalamath...
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Self-storage developer continues comeback with Hawaii project
With the last recession in the rearview, some developers who sat out the last few years are getting back into self-storage again. Take Beverly Hills, CA based Michael Wiener, who just closed on a...
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The Roll Up: Weekly Self-Storage Development Round Up 7.7.2016
Orlando-based Self Storage Associates Inc is developing a CubeSmart facility at 3211 San Pablo Road South in Jacksonville, FL. The 107,000-square-foot facility will cost an estimated $4 million to...
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The Roll Up: Weekly Self-Storage Development Round Up 7.20.2016
Ramser Development Company will build a 97,000-square-foot self-storage facility on South Harbor Boulevard in Fountain Valley, CA. A rendering of the Fountain Valley, CA project planned by Ramser...
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New supply impacts Public Storage performance in some markets
It appears that competition from new self-storage development is having an impact on Public Storage’s bottom-line—at least in a few select markets. During the company’s second quarter conference call,...
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The Roll Up: Weekly Self-Storage Development Round Up 8.3.16
Chile-based Red Megacentro recently acquired a 14.7 acre site at 7451 Riviera Boulevard in Miramar, FL for $10 million. The company plans to build a 267,325-square-foot mixed-use project that will...
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The Roll Up: Weekly Self-Storage Development Round Up 8.31.16
SmartStop Asset Management has completed construction of a $35 million mixed-use facility in Ladera Ranch, CA that includes a 42,000-square-foot self-storage facility, a 63,000-square-foot gymnasium...
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