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 will be three stories high, with another story below ground, and have 120,182 square feet and 924 climate-controlled units. The property is at the southwest corner of the intersection of Tatum and Dynamite Boulevards. The project is planned to be ready in Q1 2020.
Planned
The Planning Commission has approved a site plan review for Ridgecrest Self-Storage to start its fourth construction phase in Yreka, CA. It plans to add four single-story buildings (two storage buildings and two RV storage structures). The location is an existing commercial site on North Inyo Street, at the southwest corner of Inyokern Road and North Inyo Street. Each of the new storage buildings would have 9,895 square feet, and the total space for storage would be 40,000 square feet. Source: The Siskiyou Daily News
A retail space in RiversEdge Plaza will become a self-storage facility in Haverhill, MA. NAI Norwood Group of Bedford, NH, plans to invest about $8 million into the old Building 19 location. The Board of Appeals gave a special permit to Norwood Group for this project. The company agreed to provide 45 parking spaces along the fence bordering Riverside Park, improve the park’s walk-in entrance and to improve about 1,000 feet of walking trail behind the building. The trail is next to the Merrimack River. Source: The Eagle-Tribune
U-Haul Moving & Storage of Tule Springs is coming to North Las Vegas, NV, after U-Haul purchased 10.29 acres on the southwest corner of W. Deer Springs Way and N 5th Street. It will have 100,000-plus square feet and about 1,000 indoor, climate-controlled units, and is scheduled for completion by fall 2020. It will be just two miles from the Villages at Tule Springs. The company soon will offer truck and trailer sharing, towing equipment and professional hitch installation, a retail showroom and more. Source: PR Newswire
More than a year after closing, proposal would give former Sam’s Club in Syracuse a new use https://t.co/ipgnRkPVUn
— Liz Doran (@lizdoranLD) April 3, 2019
The Hampshire Cos., based in Morristown, NJ, has proposed converting a closed Sam’s Club store at 2649 Erie Blvd. East in Syracuse, NY, into a CubeSmart self-storage facility. The building, which closed in January 2018, has 139,390 square feet and sits on 14.3 acres. Source: Syracuse.com
Compass Self Storage plans to expand a self-storage facility it recently bought in Leesburg, FL, by adding another climate-controlled building and a new rental office. The purchased facility is the company’s 19th such property in Florida and 88th nationwide, and it already has 50,000-plus square feet of space. Compass is part of the Amsdell Cos., based in Cleveland, OH. Source: Crain’s Cleveland Business
Under construction
Integritas Partners/ Ridgefield Storage LLC is developing a 152,000-square-foot self-storage facility (110,000 net rentable) at 625 Grand Avenue Ridgefield, NJ. Extra Space Management is slated to operated the 1.275-unit facility when it opens in July 2019.
U-Haul expects to finish building U-Haul Moving & Storage of Smyrna-LaVergne, TN, by summer 2020. The four-story building would have 100,000-plus square feet and 1,000-plus indoor self-storage rooms with climate-control options. U-Haul bought 10 acres of land on the southwest side of New Paul Road along Interstate 24, near the Waldron Road exit, for the project. Source: Guru Focus
Completed
Extra Room Self Storage has opened a three-story, 105,000-square-foot facility at 8911 University Blvd. in North Charleston, SC. It includes outside secured storage for boas, RVs and trailers. The company also has locations on Pawleys Island in Myrtle Beach. Source: The Post and Courier
Redevelopment
San Antonio, TX may lose a self-storage facility. Developer Area Real Estate hopes to team up with Embrey Partners, a builder of luxury apartments, to replace the SmartStop Self Storage facility in the Borden Creamery warehouse building at 815 E. Ashby Place with a mixed-use development. Their proposal calls for a five-story apartment building with about 300 units, as well as apartments, office and retail. Some of the apartments units would go to households making less than the area median income of $67,000, enabling the project to qualify for city housing incentives. The city’s Historic Design and Review Commission planned to discuss the proposal at its April 3 meeting. Source: San Antonio Express-News
M&E Self Storage at 100 Sparta Ave., in Newton, NJ, closed March 30. Owner Greg Martorana plans to demolish the building, and said he sent certified letters to notify renters about the closing. The company’s telephone message said it would return calls to make appointments to remove items from the units. Source: New Jersey Herald
