Clik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 3.7.18
TD Self Storage, an offshoot of JHM Hotels, has proposed including 107,000 square feet of self-storage as part of the West End Community Hub, a mixed-use project at 101 O’Neal St., Greenville, SC. The...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 3.21.18
Prime Group Holdings LLC in Saratoga Springs, NY, hopes to score $460,000-plus in real property, mortgage and sales tax savings as it seeks approval for a $4 million, two-story self-storage facility to...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 3.28.18
A former Fulton County Schools Administration Center will be converted into Space Shop self-storage, plus retail, restaurants or other commercial spaces. Space Shop and Eden Rock Real Estate Partners...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 4.4.18
Sometimes this industry just quacks us up. Brookhaven Town officials in Moriches, on New York’s Long Island, have approved a zoning change for a site that is the former home of a duck farm that also...
View Article4 things to know about self-storage certificate of occupancy deals in 2018
Self-storage buyers hungry for yield have been chasing freshly developed “certificate of occupancy” deals where they can earn a higher return in exchange for taking on the lease-up risk—and none of the...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 4.11.18
An $11 million construction loan will enable a New Jersey developer to build a self-storage facility in Miami, FL. Storage Partners of Miami II, an affiliate of Morristown, NJ-based Hampshire Real...
View ArticleRaleigh leads U.S. in self-storage supply growth, report says
The Raleigh, NC, metro area sits in the bull’s-eye when it comes to self-storage growth among the country’s major regions. But how sustainable is the self-storage boom in Raleigh? The Raleigh area will...
View ArticleThe Roll Up: Weekly Self-Storage Development Round Up 4.18.18
The city of Arvada, CO, which is just west of Denver, has put a 180-day moratorium on self-storage facilities. The Arvada City Council on April 2 voted unanimously that no self-storage facilities could...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 4.25.18
A self-storage facility may replace the once-notorious strip club Dockside Dolls – known to law enforcement for fights, drug use and prostitution – in Graham, NC. Developer 10FssI85, an LLC in Raleigh,...
View ArticleClik here to view.
How many Sears and Toys R Us stores are destined for self-storage?
Dozens of Sears and Toys R Us stores recently have hit the real estate market amid the continuing upheaval in bricks-and-mortar retail, and some of those locations might gain new life as self-storage...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 5.2.18
U-Haul plans to build climate-controlled and heated self-storage units that “would be the first of their kind in Alaska,” according to John Norris, president of U-Haul of Alaska. U-Haul plans to buy...
View ArticleDenver self-storage market faced with surplus of supply
These days, it feels like the self-storage supply in Denver, CO, is at least a mile high. And that could lead to a rocky future for self-storage operators and developers in the region. Two recent...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 5.17.18
Hines, which is best known for office projects and large mixed-use developments, will build several self-storage projects in Arizona. Potential locations include Tempe, Litchfield Park, Surprise,...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 5.23.18
Another potential owner has offered to buy the Roller Palace in Beverly, MA, and wishes to convert it into a self-storage facility. Eric Loiacano of Gloucester, with Sohier Road Self Storage LLC, has...
View ArticleClik here to view.
Shopping mall operator forges joint venture with storage developer
Shopping malls and other retail centers might be on shaky ground these days, but the ground at some of those developments is becoming valuable territory for self-storage. Chattanooga, TN-based mall...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 5.30.18
Perhaps the eighth time will be the charm. Hampshire Realty has submitted seven proposals for a self-storage facility at 175 Morris St. in Morristown, NJ. Alas, none have passed muster, so the company...
View ArticleClik here to view.
Global real estate giant Hines makes its self-storage debut
Houston, TX-based commercial real estate giant Hines Interests LP, known primarily for its office and mixed-use projects, is jumping into the self-storage business. Hines already has three self-storage...
View ArticleClik here to view.
The Roll Up: Weekly Self-Storage Development Round Up 6.6.18
The Jenkins Organization Inc. announced it will build a new self-storage facility in the East Downtown area of Houston, TX. It will have 108,000 square feet and 830 units, and is scheduled to open this...
View ArticleClik here to view.
Life Storage partners with data firm to track development
Life Storage and Union Realtime, a self-storage research firm, are teaming up to collect as much real-time data as possible on newly developed self-storage facilities across the nation, a move they say...
View ArticleClik here to view.
Investment firm splashes into Tampa self-storage market
A Tampa, FL-based real estate investment and development group has turned to its backyard to launch a self-storage business that already boasts a pipeline filled with projects totaling $64 million....
View Article