A 12-building, 194,000-square-foot self-storage facility is coming to Appleton, WI. It would go on the site of a former Kmart store, which was demolished about 10 years ago, along West College Avenue between North Lynndale Drive and North Perkins Street. The complex also would have room for retail.

Source: WEAU 13 News 

Planned

In Georgia, the Smyrna City Council approved a self-storage building to be called Spring Road Space Shop at 2520 Spring Road, which has a vacant retail center that is being demolished. The three-story building will be 109,635 square feet of storage space and 4,260 square feet of commercial/office space. Source: AJC

Phillips Development & Realty is backing a three-story, 100,000-square-foot, 750-unit CubeSmart self-storage project at 2401 Hickory Ave. in Jefferson Parish, New Orleans, LA. Jernigan Capital is funding the construction; this is Phillips’ sixth deal with JCAP. Construction is expected to start in Q4 2018 and finish in Q2 2019. Overall, Phillips is working on 18 projects in four states. Source: Phillips Development & Realty

Phillips Development has struck yet another deal with Jernigan Capital, this time to build a facility in New Orleans.

ESS Bristol Hollywood LLC, a subsidiary of Extra Space Storage, purchased a recently completed self-story facility in Hollywood, FL, for $11.8 million, Extra Space Storage will manage the property. The seller was South Dixie Storage LLC, an affiliate of Columbia, SC-based Taylor Theus Holdings. The 81,000-square-foot facility has 653 storage units and is at 1440 S. Dixie Highway. The 17-acre site is a few blocks north of Pembroke Road and near the Big Easy Casino. Source: South Florida Business Journal 

 

U-Haul plans to buy and renovate a former Kmart store in Alton, IL. The 84,180-square-foot building, at 2851 Homer M Adams Parkway, would be repurposed for 700 storage units. U-Haul plans to finish its acquisition in August. Source: Commercial Property Executive 

U-Haul will soon be developing self-storage facility in Alton thanks to the recent acquisition of a former Kmart store at 2851 Homer Adams Pkwy.

Attorney Nick Brenlove and his son Eli have started to convert the former Irene Stacy Mental Health Center into a self-storage facility at a 10-acre site in Butler, PA. They purchased the building from NexTier Bank following a foreclosure and a sheriff’s sale. The first phase will put up 28 units. Future phases include adding drive-up units, and outdoor spaces for cars, boats and RVs. Source: The Butler Eagle 

CubeSmart will manage a three-story, 88,000-square-foot self-storage site in Tarpon Springs, FL. NitNeil Partners has begun building the facility, which is located along the Highway 19 corridor. The construction is expected to finish by summer 2019. This is NitNeil’s third self-storage development in the Tampa area. Extra Space Storage is managing the first two -– one in the Westshore Marina District and the other in the North Hyde Park neighborhoods. Source: NitNeil Partners

NitNeil partners is gearing up to build an 88,000 square foot facility in Tarpon Springs, FL.

Union Boulevard Storage LLC of Calgary, Alberta, has bought three parcels in east Allentown, PA, including the former home of A-Treat soda at 2001 Union Blvd., for $1.4 million. The buyer said it will convert the 58,680-square-foot plant into a self-storage facility. The sale includes two buildings on Union Boulevard and a residential lot at 1003 Tacoma St. Source: The Morning Call

Completed

Bee Safe Storage and Wine Cellar opened at 805 Hammett Bridge Road in Greer, SC. It has 73,000 square feet and 500-plus units. There are 28 wine-storage units, protected by a backup generator and redundant cooling system. The Carroll Cos. – which develops multifamily properties, mixed-use lifestyle centers and self-storage – is the parent company. The company operates seven self-storage facilities in the Carolinas. Source: Inside Self-Storage 

Cascade NW Self Storage, a joint venture of West Coast Self Storage Group and 172nd Holdings LLC, opened at 4125 172nd St. N.E. in Arlington, WA. It has 57,784 square feet and 562 units. The joint venture, which is based in Everett, WA, operates 51 facilities in California, Oregon and Washington. Source: Inside Self Storage

In Pennsylvania, Storhouse of Quakertown opened at 142 N. West End Blvd. (Route 309) with 296 units. Eastern PA Self Storage Facilities owns the facility, which is operated by RAB Management Corp. The company also has facilities in Pennsylvania’s Reading, Easton, Trexlertown and Harrisburg. Source: lvb.com 

The 99,600-square-foot Red Carpet Self Storage opened at 124 John Rice Blvd. in Murfreesboro, TN. It has 817 units on three floors. Red Carpet also runs facilities in Raleigh, NC, and Franklin, TN. Source: Murfreesboro Voice

Advertisement
Bruce Goldberg