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The Roll Up: Weekly Self-Storage Development Round Up 1.2.19
The city of Golden, CO, has been perplexed for more than 20 years about what to do with a piece of land called the Golden Overlook. The latest plan proposes to build self-storage and light...
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The Roll Up: Weekly Self-Storage Development Round Up 1.9.19
Shipping containers would be the storage unit of choice if the father-son duo of Todd and Tyler Leinbach succeed in building a self-storage business in southern Forsyth County in North Carolina. “What...
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The Roll Up: Weekly Self-Storage Development Round Up 1.16.19
Storage of America purchased an industrial building at 5041 to 5107 Kitridge Road in Huber Heights, OH. The price was $535,000, and Globe Products Inc. was the seller. The company plans to open a...
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Jernigan Capital files to foreclose on $18 million facility in Miami
One of the biggest names in storage development is taking one of its partners to court. In a nearly $18 million lawsuit, self-storage financing REIT Jernigan Capital Inc. is seeking to foreclose on a...
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The Roll Up: Weekly Self-Storage Development Round Up 1.23.19
Storage Deluxe is finishing up a 99,000-square-foot self-storage facility that’s expected to open in mid-March at 2225 46th St. in Astoria, Queens, in New York City. It has room for 1,900 units....
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Industry veterans power national growth at Wasatch Storage
Wasatch Storage Partners may be a new name in the self-storage development and investment sector. However, its leadership from two industry veterans – along with capital from a private equity group –...
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The Roll Up: Weekly Self-Storage Development Round Up 1.30.19
The Hampshire Cos. has taken on a unique project with historical aspects. The private real estate investment firm has purchased a former armory building that was built in 1912, at 1189 Magnolia Ave. in...
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The Roll Up: Weekly Self-Storage Development Round Up 2.6.19
In Colorado, the Carbondale Planning and Zoning Commission listened to proposals for two self-storage facilities at its Jan. 24 meeting. But the commission was not making any decisions about the sites,...
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Self-storage investors tiptoe into Opportunity Zones
Slowly but surely, self-storage investors are taking advantage of perhaps the most buzzed-about real estate tax-saving tool of 2019 — Opportunity Zones. San Antonio, TX-based business management...
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The Roll Up: Weekly Self-Storage Development Round Up 2.13.19
Here’s hoping they get a “green” light. The Village Board approved a master conceptual plan that includes a 127,000-square-foot Extra Space Storage facility at the southwest corner of 88th Avenue and...
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The Roll Up: Weekly Self-Storage Development Round Up 2.20.19
The Hampshire Cos. and Harrison Street have formed a joint venture to develop self-storage facilities along the I-25 corridor, from Boston to Washington, DC. Their first project will be a ground-up...
View ArticleCubeSmart braces for new supply impact in 2019
Self-storage REIT CubeSmart expects about half of its same-store pool to be hit in 2019 by the continuing wave of new supply. During the REIT’s Feb. 22 earnings call, Tim Martin, chief financial...
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The Roll Up: Weekly Self-Storage Development Round Up 3.6.19
Hunt Midwest, a real estate development company based in Kansas City, MO, has begun rolling out new facilities throughout the city under the brand name StorTropolis Self-Storage. StorTropolis Shawnee...
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The Roll Up: Weekly Self-Storage Development Round Up 3.13.19
Two businesses will have to move in order to make room for an expansion of Grand River Mini-Storage in Howell Township, MI—and they’ve come up with a unique solution. The expansion plans of Grand River...
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The Roll Up: Weekly Self-Storage Development Round Up 3.20.19
Garfield County commissioners want to do site visits before deciding about a proposal to build two self-storage facilities near Carbondale, CO. Blue Mountain Garfield LLC has proposed putting one of...
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Top 10 reasons to build self-storage now
From my home office in Lincoln, Nebraska, and with apologies to David Letterman, I bring you the top ten reasons you should build your next self-storage facility now. 10. It’s a good time to secure...
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The Roll Up: Weekly Self-Storage Development Round Up 3.27.19
Ferris wheels, cotton candy, and self-storage? A carnival will help mark the opening of StorCo Self Storage when it celebrates its grand opening in Wood River, IL. The new facility, on the site of the...
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The Roll Up: Weekly Self-Storage Development Round Up 4.3.19
1784 Capital Holdings LLC, based in Scottsdale, AZ, plans to develop Tatum Self-Storage on 5 acres it purchased at 4725 E. Dynamite Blvd. in Cave Creek, AZ, which is on the north side of Phoenix. It...
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The Roll Up: Weekly Self-Storage Development Round Up 4.10.19
Jess Rodriguez has noticed a change in the self-storage industry. “The mini-storage business back in the day, when it started out, you’d say, ‘I have this vacant land, and I’ll build this here until...
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The Roll Up: Weekly Self-Storage Development Round Up 4.17.19
Businessman Kevin Bouse said he will open 190 units at the former home of Livrite Fitness in East Belleville, IL. The gym burned down years ago. Bouse is spending $1.5 million to prepare the...
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