The Roll Up: Safeguard acquires newly built facility in Queens

Bruce Goldberg
September 20, 2023

Safeguard Self Storage acquired a property in the Howard Beach/JFK area, at 130-02 S. Conduit Ave. in Queens, NY. Developer Triangle Equities created an interesting product: A two-unit condominium, one of which has a self-storage feature (below).  Joseph Berretta of Metro Net Realty brokered the deal. The development is one of the largest properties in the Safeguard 86 facility portfolio. It has 170,000 gross square footage, including NRSF of 117,000 for its 1,223 climate-controlled units. Source: Safeguard Self Storage

Safeguard Self Storage also hopes to break ground in November for the building of a three-story, 59,000-square-foot facility with 600 units on a 1.33-acre lot at 1036A W. Jericho Turnpike in Smithtown, NY on Long Island. It’s expected to be completed in January 2025. This would be Safeguard’s first Long Island site that’s in Suffolk County; it has six facilities in LI’s Nassau County, in East Rockaway, Hewlett, Massapequa, Plainview, Valley Stream and West Hempstead. Safeguard, founded in 1989, has 80-plus locations in six states, totaling more than 4.5 million square feet. Source: LIBN Premium

Daniel Sullivan, owner of 523 Halfway House LLC, seeks a special permit for an adaptive reuse of part of 523-529 Halfway House Road in Windsor Locks, CT. It would put up 20 self-storage or contractor units. The buyer would renovate the former Pratt & Whitney industrial building. Seventeen new 14-foot-tall overhead doors would be installed. Source: Hartford Business

Forge Building Co. of Boise, ID, said it plans to expand nationwide by seeking business in 11 new states. Forge, a privately owned firm that specializes in self-storage solutions, seeks to expand by adding 11 states: Delaware, Michigan, Ohio, Kansas, Missouri, Maryland, Tennessee, Pennsylvania, Hawaii, New York and Florida. The company has more than 100 projects planned throughout this year plus all of 2024. Source: Idaho Business Review

A self-storage facility has been proposed in San Mateo, CA, at the corner of South Claremont Street and 10th Avenue. The plan calls for demolishing the existing 5,770 single-story building at 922 S. Claremont St. A two-story self-storage building that includes a basement would replace the previous structure. Two remaining buildings that are 14,000 square feet and 5,000 square feet would be retained and become storage room. The site would have eight parking spots and two on-site loading spaces. Pre-application plans were submitted Aug. 3. Source: The Daily Journal

Completed

Safe Storage Club opened a self-storage facility at 1380 E. Points Drive in Lehigh Acres, FL. It’s on Village Lakes Boulevard, north of the Lehigh Acres Community Park North. Nearby towns and cities include Fort Myers, Cape Coral, Bonita Springs, Alva, Estero, LaBelle and Tice. Source: Safe Storage Club

One Stop Self Storage opened a new facility at 1750 N. Lawndale Ave. in Chicago, IL. Source: One Stop Self Storage

Legislative

In New York State, the Town of Niagara Town Board will consider amending its zoning code to fix an oversight that allows self-storage businesses to utilize commercial areas. The code, which was meant just for industrial zones, made an amendment years ago to include B-1 business zoning for one specific project. The law never was turned back to industrial zoning, thus self-storage units obtained spaces. The Town Board may hold a public hearing on all this in October.  Source: Niagara Frontier Publications

For such a small state, Rhode Island may be making big news about the building of more self-storage facilities. In Pawtucket, city officials are considering an ordinance that would limit where they can be constructed. Providence decided recently to ban new self-storage facilities, which were criticized for going up on lots often in prime locations. Pawtucket’s proposed ordinance would eliminate self-storage in the general commercial district and the riverfront commons district along the Blackstone River. Self-storage still would be allowed in two industrial districts. A new facility would require a special-use permit in those two industrial restrictions. Source: Providence Journal 

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