In Alabama, Patriot Storage purchased Suenos Birmingham LLC for $375,000; the seller bought the property for $1.525 million in 2008, but a stay on hotel development affected its value. Trey Henderson, who owns Patriot Storage, and Charlie Douthit plan to develop a 40,000-square-foot self-storage facility with 400 units at 480 Wildwood Circle N., off Lakeshore Parkway, next to the Four Points by Sheraton hotel near Homewood’s Wildwood shopping center. It’s expected to be open in early summer. Source: Birmingham Business Journal

Planned

The Planning Commission in Ravenna, OH approved an expansion of Ravenna Self Storage at 950 N. Freedom St., at the corner of Freedom Street and Route 88. Source: Record-Courier

Edgewood Storage LLC plans to build a 96,000-square-foot self-storage building and a 5,000-square-foot retail building at the former site of Jones College along Edgewood Avenue in Murray Hill (see below), which is part of Jacksonville, FL. Source: The Coastal 

Self-storage developer Premier A-2 West Chester PA LLC, an affiliate of Premier Storage Investors of Memphis, TN, spent $5 million to acquire a vacant 134,000-square-foot building on 10 acres off Old Fern Hill Road in West Chester, PA. New Mill Capital Holdings was the seller. Premier plans to convert the cold storage site into a self-storage use. Source: Philadelphia Business Journal

Under construction

PWM Properties LLC hope to open an indoor self-storage facility in a former bowling alley building on South Stewart Street in Sonora, CA, by early-to-mid-March. The bowling spot had been empty for almost 10 years. StorQuest Self Storage will operate the facility. PWM also broke ground on another self-storage facility off of Microtronics Way, adjacent to Tuolumne Road in East Sonora. Source: The Union Democrat

Garrett Development Corp. of Scottsdale, AZ, is building a 116,000-square-foot self-storage facility at 29640 N. Tatum Blvd. in Phoenix, located in a shopping center. The two-story building will have 837 climate-controlled units. Campbell Development is the general contractor. Extra Space Storage will manage the facility, which is expected to open in January 2021. Source: Garrett Development Corp.

Completed

U-Haul Storage has opened about 450 self-storage units at its new location at  2436 N. Verity Parkway in Middletown, OH. It’s on the former site of a car dealership. The project cost an estimated $1 million. U-Haul storage has been in Middletown since 1979 at a different address, 230 S. Verity Parkway. Source: Journal-News

SAD Management LLC opened Pelham Road Self Storage at 345 Pelham Road in Greenville, SC. It has 687 units, with both non-climate-controlled and climate-controlled available, and 61,350 square feet of rentable storage space. Griffco Design/Build Inc. was the general contractor. Absolute Storage Management will operate the facility. Source: Absolute Storage Management

Legislative

In Minnesota, the New Hope City Council made a change in zoning self-storage developments. They won’t be allowed in commercial and industrial zones and now are zoned only for business warehouse districts, as the city wants to limit where self-storage facilities will go. There are eight self-storage facilities in New Hope.  Source: ccxmedia

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Bruce Goldberg