The Hampshire Cos. purchased a brownfield redevelopment of a former industrial facility at 30 Sea Cliff Ave. in Glen Cove on Long Island, NY. There, the company has started building a 108,000-square-foot, 800-unit self-storage facility. It’s on the site of a superfund site that was vacant for more than 20 years. It’s scheduled for completion in Q4 2020. Extra Space Storage will manage the facility. The Hampshire Cos. is a full-service private real estate investment firm.
My Choice Self Storage plans to add a temperature- and humidity-controlled storage building at its self-storage location at 2010 American Eagle drive in Slinger, WI. Source: Call Newspapers
U-Haul of Eastern Iowa is exploring a takeover of a vacant Sears store at the Lindale Mall in Cedar Rapids, IA. Robert Hampton, president of U-Haul of Eastern Iowa, has given a concept plan to city staff, and it calls for 140,000 square feet of storage space. The Sears store closed in summer 2018. Source: The Gazette
A new self-storage facility has been proposed for Tonawanda Street in Buffalo, NY. Jack Ruh of 31 Tonawanda St. LLC is backing the proposed facility, which would include a manager unit and two business suites for the 31 Tonawanda Street complex that’s located at the base of the Route 198 off-ramp. Source: Buffalo Rising
San Diego-based Frontera Real Estate purchased a ready to build self-storage site on booming Palm Avenue in Riverside, CA. The company plans to build a 77,000-square-foot self-storage facility on the 3-acre site. The seller, a private development firm, was represented by Greg Wells, Managing Director with Cushman & Wakefield’s Self Storage Practice Group
ValuSpace Personal Storage has opened at 1607 Route 9 in Halfmoon, in New York’s Saratoga County. Rosenblum Cos., a real estate company in Albany, is the owner. The $9 million project includes a three-story, 91,000-square-foot building with 618 temperature-controlled units plus 20,000 square feet of single-story drive-up buildings, with 114 units. Source: The Daily Gazette
In Illinois, the Medina City Council decided against allowing self-storage units to be built on land south of Highway 55 and the railroad tracks at 3672 and 3692 Pinto Drive. Woodbury REI sought to rezone lots from commercial highway to commercial general, which would allow self-storage. Source: Press & News