Leland Self Storage has opened in Leland, NC, with a three-story, 75,000-square-foot building, nearly 500 units and a heavy emphasis on climate control to counteract the state’s high humidity. The new facility is aimed at the Brunswick County and greater Wilmington area markets.
The Leland location is 100 percent climate-controlled, which co-owner Manoj Bhatia said is unique to the state.
“Since we are on the North Carolina coast, our focus is to protect our customers’ belongings from the heat and humidity in the area,” he said. “We are the first 100 percent climate-controlled storage facility in the area, if not the state.”
The parent company, Ultimate Storage Co., previously built and sold six self-storage facilities, all in North Carolina: three that opened in Fayetteville in 2007, which SecurCare purchased; and in Raleigh, Durham and Spring Lake, which StorSmart bought. As Ultimate Storage put up these buildings, it added more climate-control features.
“We want to get people to understand how humidity can impact their stuff. In Raleigh-Durham, the humidity level fluctuates a lot. One of the things we try to do, especially on the coast, is climate control, and we put humidity control factors in our buildings.”
Lonestar Development Partners of Austin, TX, has purchased 4-plus acres of a 7-acre property for $2.7 million, and plans to build the Brighton Commons shopping center there in Brighton, CO, north of Denver. Construction has begun and will include restaurants, retail and a self-storage facility. The site is at South 50th Avenue and East Bridge Street. The self-storage facility would be built on the south side of the property. The Brighton Commons is part of a development push that will include a 22,500-square-foot emergency department and clinic, and one The Learning Center child-care facility. Source: Brighton Standard Blade
Franklin Development Trust Inc. hopes to take the former Browns’ County Market at 403 E. State St. in Sycamore, IL, and transform it to a mixed-use site for retail and indoor self-storage. The latter would have 178 units and be unmanned, operated via a kiosk. The city’s Planning Commission is considering the proposal. The grocer filed for bankruptcy in 2013. Source: Daily Chronicle
Storage of America LLC will apply for a special-use permit that would enable it to build a new facility in Rock Island, IL, at 2832 5th St., which currently is zoned for industrial. SOA operates seven self-storage facilities in Indiana, Michigan and Ohio. Source: Inside Self-Storage
The City Planning Commission of New Orleans, LA, approved a three-story self-storage facility that will occupy most of a city block on Tchoupitoulas Street. Next, it goes before the city council. The closed Guillot’s Sanitary Supplies currently occupies the site. The facility would combine 13 lots on the block plus part of South Front Street that developer Gordon H. Kolb hopes to purchase from the city. Source: UptownMessenger.com
TD Self Storage Enterprise LLC in Greenville, SC, hopes that its wish to “build an environmentally sensitive, LEED-certified storage complex that fits the character” of the West End historic district will earn it a special exception from the city’s Board of Zoning Appeals. TD wants to put up a two-story building with 931 indoor storage spaces plus a parking garage, and retail and office space. It would be located at the corner of Oneal and Rhett streets. Source: Greenvillenews.com
Gracie Development LLC was granted a conditional use permit by the Holly Springs Planning and Zoning Commission in Georgia. It plans to build a self-storage business on Holly Springs Parkway. It would have up to two, two-story buildings of up to 90,000 square feet, and open between June and September. Next, the Holly Springs City Council will vote Jan. 18 on the project. Source: Cherokee Tribune & Ledger News
Wasatch Storage Partners bought 4.49 acres of land for $1.565 million, and will construct a 754-unit, 83,000-square-foot building on the Inner Grove Heights, MN, site. The Inner Grove Heights City Council has approved the plan. Argus Broker Affiliate Tom Flannigan of KW Commercial in Minneapolis closed the sale, representing the seller. Source: Argus Self Storage Sales Network
A planning board approved Jumbo Self Storage’s request to demolish the Montvale Plaza banquet hall and replace it with a four-story self-storage facility on a 1.23-acre property in Stoneham, MA. The new property owner, whose name was not revealed, still needs to get approval from the Board of Selectmen for the self-storage facility, whose 120,000 square feet is much larger than the 30,000-square-foot banquet hall. Source: The Stoneham Independent
Landing a $9.5 million construction loan has enabled the partnership of West Palm Beach, FL-based real estate investment firm SROA Capital and The Feldman Companies to break ground on a self-storage facility near Miami’s Overtown. Mutual of Omaha Bank made the loan for the 970-unit, 112,500-square-foot facility at 1020, 1030 and 1040 Sunnybrook Road. The eight-story building will be south of the Dolphin Expressway and west of US 441/State Road 7. Completion is expected in 2019. Source: The Real Deal
Cornerstone Group Ltd. and Adams Real Estate Advisors, both of Rochester, NY, have opened a five-story, 206-unit self-storage facility, called Owens Road Self Storage, at 90 Owens Road in Brockport. Cornerstone Property Managers is managing the facility. Cornerstone Group Ltd. is a real estate development, consulting, brokerage and property-management firm. Adams Real Estate Advisors is a commercial mortgage broker. Source: Monroe County Post
US Storage Centers, working with The Feldman Companies, has opened a four-story, 1,120-unit, 147,027-square-foot self-storage facility at 1396 NE 125th St. in North Miami, FL. U.S. Storage Centers now owns and operates seven facilities in the Miami area. The company is an owner/operator of self-storage facilities nationwide, managing about 8 million rentable square feet and employing more than 300 people.
Blue Wing Development LLC, a boutique real estate development firm, has opened a 640-unit, 90,000-square-foot self-storage facility at 14872 W. 69th Ave. in Arvada, CO. Life Storage is managing the site. It’s the first Class A facility to open since a PUD rezoning ordinance passed in 2016, and it’s Blue Wing Development’s second self-storage project in Metro Denver.