The Roll Up: Weekly Self Storage Development Round Up 8.28.19

Bruce Goldberg
August 28, 2019

Beyond Self Storage at Sterling Heights, MI, held a grand-opening ceremony Aug. 15. The-three-story facility began operating last March. It has 740 climate-controlled units, 12 parking spaces and 114,238 square feet. It’s located at 6263 18 1/2 Mile Road.

Planned

A three-story, 106,455-square-foot, 889-unit SAFStor self-storage facility will be built near Atlantic Station in Atlanta, GA. ARCO Design/Build Inc. is overseeing construction, estimated to cost $6.77 million. Source: What Now Atlanta

A self-storage facility is coming to a 2.5-acre parcel on Pollard Road, north of Baldwin County 64 in Daphne, AL. The investors paid $216,500 for the land, according to Nathan Handmacher of Stirling Properties, who represented the buyer. Sandy Wise of Wise Living Real Estate represented the seller. Source: al.com

Diversified Properties LLC of Montville, NJ, has formed a joint venture with 1026 Real Estate Investors, based in New York City, to develop a three-story, 98,000-square-foot, climate-controlled facility at 352 Main Road in Montville. It sits on a 2.5 acre site. CubeSmart Self Storage will manage the facility. Source: ROI

Commissioners for the Town of Middletown, MD, approved a ordinance that makes self-storage facilities a primary use in the town’s code. Lancaster Craftsmen Builders hopes to develop a lot that would include a 25,000-square-foot self-storage facility behind the Safeway in the Town Center Plaza Shopping Center. Source: The Frederick News-Post

On Sept. 3, the City Council in Englewood, CO, will consider a proposal to redevelop an old Kmart site so that it could include a self-storage facility on the west side of the building at 200 W. Belleview Ave. The Kmart closed in 2017. Developers hope to create The Hive on Broadway there, to include retail and a restaurant, along with a StorQuest location, which would require a zoning change. Source: Littleton Independent

The City of Cambridge, MA, will consider a proposal to add affordable housing on New Street – a project that would include 22 residential units at the front of the building, a small neighborhood gym and self-storage in the rear. The developer, SSG Development, plans to offer free storage to low-income residents. Source: Cambridge Day

Under construction

Developer Peter Briggs predicts that his two-building My Other Garage self-storage facility, at 3651 N. Lovers Lane Road in the Town of Polk, WI, will be open by Sept. 30. Those two structures are in the first phase of the project, which has permission for a maximum of 400 units; the first building will have 14, the second 40. Some units will be large enough to hold boats and RVs. Source: Greater Milwaukee Today 

Also in Wisconsin, My Choice Self Storage plans to add a climate-controlled building to its Slinger Self-Storage location in September. The facility is east of 141 off of Highway 60 in Slinger. Source: Washington County Insider

Completed

Owners Dave and Ann Brach have expanded their storage business at 2497 Power Road in Grand Junction, CO, by adding a two-story interior climate-controlled facility with 172 units and nearly 19,000 square feet. The building was put up almost entirely of metal to reduce fire risk. Source: Grand Valley Business Times

Spacebox Storage has opened at 210 N. Congress Ave. in Lake Park, in the West Palm Beach, FL area. The three-story facility has 789 climate-controlled units and a 100,000-square-foot facility. Source: The Palm Beach Post

Capella Capital Partners LLC, based in Austin, TX, has opened a 70,000-square-foot self-storage facility at 700 Victor St. in North Austin. It has three stories and 577 climate-controlled units. Public Storage manages the site. Source: Capella Commercial

Capella Capital Partners have finished a new self-storage facility in Austin, managed by Public Storage.

Coastal Storage Group has finished a three-story, 90,000-square-foot climate-controlled Extra Space Storage building at 5508 N. Rhett Ave. in North Charleston, SC. It teamed up with Miller-Valentine Group, a design/build construction and development company, to put up the facility. Source: Coldwell Banker Commercial Atlantic

The Miller-Valentine Group and Coastal Storage Group of Charleston, SC, also opened Prince Creek Climate Controlled Self-Storage at 12174 Highway 707, Murrells Inlet, SC. The three-story facility has 70,650 rentable square feet and 750 climate-controlled units. The facility is managed by Extra Space. Source: Coldwell Banker Commercial Atlantic

Coastal Storage Group has completed a new Extra Space managed facility in North Charleston, SC.

Platinum Storage Group of Orange County, CA, has completed building the StoreLocal Brentwood at 681 Old Hickory Blvd. in Brentwood, TN. The four-story building has 120,000 square feet and 760 climate-controlled units. It’s the first StoreLocal facility to be built from the ground up. The company’s portfolio has about 2.5 million square feet. Source: Platinum Storage Group

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