A proposal to convert a closed Regal Cinemas theater into a self-storage site and add a four-story apartment building, medical office and coffee shop will be heard on March 21 at the Branford (CT) Inland Wetlands & Watercourses Commission, which approved an...
Development
The Roll Up: U-Haul readies new 700-unit K-Mart conversion in Indiana
U-Haul plans to open a second location on the northwest side of Kokomo, IN in a $10 million deal. The new facility will have around 700 units spread across about 40,000 square feet. The building’s total square footage is about 75,000; a retail store, rest rooms, a...
The Roll Up: Hines preps two new self-storage facilities in Dallas-Fort Worth
Hines announced it plans to deliver two new self-storage facilities this year in Texas. They are Custer Self-Storage in Frisco and Jupiter Self-Storage in Garland. The multilevel, climate-controlled facilities will expand Hines’ portfolio to 16 locations in the...
The Roll Up: DXD unveils new Public Storage facility in Atlanta suburbs
DXD Capital, a self-storage private-equity investor, opened a new, three-story climate-controlled facility at 895 Thornton Road in the Atlanta suburb of Lithia Springs, GA. It has 703 storage units totaling 71,335 NRSF. Public...
The Roll Up: 1784 Holdings secures $53 million for Bethesda, MD facility
1784 Holdings LLC secured a $53 million construction loan to develop a self-storage facility in Bethesda, MD. The Ardent Cos. provided the financing, which retires previous debt. The completed facility will offer 1,707 climate-controlled self-storage units across...
The Roll Up: HPI Real Estate unveils two new facilities in Florida
HPI Real Estate announced the opening of two new self-storage facilities in Florida. One store is at 830 S. River Road in Englewood (below) and has 77,500 rentable square feet across 82 units. The other store is at 5404 S. Williamson Blvd. in Port Orange and has...
The Roll Up: Storage Units Capital opens new Ocoee, FL facility
Storage Units Capital, a self-storage real estate investment firm, announced the opening of a new property at 9000 W. Colonial Drive in the Orlando, FL, suburb of Ocoee. It sits on 3 acres, and it has 79,605 usable square feet and 766 units. There are three levels of...
The Roll Up: Georgia developer breaks ground on self-storage facility in Maine
Diamond Point Development LLC, a Roswell, GA-based company, plans to build a 99,600-square-foot self-storage facility at 179 Turner St. in Auburn, ME. Construction costs are expected to top $5 million. The facility will provide 75,000-square-feet of net rentable space...
The Roll Up: Two proposed storage facilities in Virginia face local pushback
Opponents spoke up Dec. 12 at the Henrico (VA) Board of Supervisors meeting regarding two proposed self-storage facilities. One proposal comes from the General Land Co. LLC to build a three-story self-service storage facility and retail strip at the southwest...
The Roll Up: Trojan plans major storage compound in Los Angeles
Trojan Storage, based in Redondo Beach, CA, has proposed a massive self-storage compound with nine apartments and two storage buildings. The company wants to build 227,000 square feet of self-storage, with a separate residential component, at 7528 Bellaire Ave. in...