The Roll Up: JV opens CubeSmart in master-planned development in Florida

Bruce Goldberg
July 20, 2023

Skinner Bros. Realty and The Silverfield Group developed an 82,000-square-foot CubeSmart facility in Wildlight, a master-planned development near Yulee in Nassau County in Florida. CubeSmart, the first self-storage facility in Wildlight, has 550 climate-controlled units on the south side of Florida 200 south of the Publix shopping center on William Burgess Boulevard. Icon Golf Cars and Great Clips also have opened in that development.

Source: Jacksonville Daily Record

Planned

Extra Space Storage plans to add a new location in McKinney, TX, at the southeast corner of Bloomdale Road and Custer Road. The new facility would include a four-story, 130,000-square-foot structure plus a single-story 7,200-square-foot building. The site sits on 5.6 acres. The Planning and Zoning Commission unanimously approved a specific-use permit for the project at a June 27 meeting. Source: Community Impact

About 1,000 storage units with climate-control options are coming to U-Haul Storage of Wurzbach at 9451 Interstate 10 in San Antonio, TX. U-Haul bought the property in 2002. There is a temporary showroom there now, offering storage containers, truck and trailer rentals, moving supplies, towing equipment and more. U-Haul is constructing a multistory building that will include a U-Box warehouse, drive-up storage units and parking spaces for RV, boat and vehicle storage. Source: List Self Storage

DXD Capital acquired land for a 62,125-square-foot facility in Huntington Station, NY, after a two-year battle to obtain building approvals. Extra Space Storage will manage the facility, which has 664 units. Source: Linkedin

Completed

Arcland Property Co. opened its first self-storage facility on a 6.8-acre lot at 1049 Baltimore St. in Hanover, PA. Self Storage Plus will manage the 102,580-square-foot site. Another building will be built on the lot and open later this year. The developer garnered an $8.9 million loan from Traditions Bank in 2022. The conversion of a former Weis grocery store, vacant since the early 2000s, will start the project. The Hanover site is Arcland’s 45th property in its Mid-Atlantic portfolio. Source: Multi-Housing News

Home Star Storage Port Charlotte has opened its new self-storage facility at 18485 Paulson Drive in Port Charlotte, FL. It has 600 indoor, climate-controlled and drive-up units as well as outdoor parking for vehicle, RV and boat storage. It’s located less than a mile from US Highway 41 and the Port Charlotte Town Center. Storage Asset Management will manage the property. Source: Storage Asset Management 

The LeClaire-Schlosser Group of Marcus & Millichap announced the sale of Kangaroo Storage, a two-story, 49,830-square-foot storage facility located in the Fort Pierce Industrial Park, just off River Road and Southern Utah Parkway in St. George, UT (above). Jordan Farrer, vice president of investments in the Salt Lake City office, and Adam Schlosser, senior managing director in the Denver office, represented the seller, a local development group. Kangaroo Storage is a newly opened facility that includes 1,500 square feet of office space for lease. Source: Marcus & Millichap

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