Arizona Self-Storage secured an $8.5 million conventional construction to permanent loan to build a new self-storage facility in Arizona. Scottsdale, AZ brokerage Integrity Capital LLC helped get a conventional construction to permanent loan. The facility will be at Craycroft Road and River Road.

Planned

U-Haul plans to bring a retail and self-storage facility to the LaVilla neighborhood in Jacksonville, FL. On Aug. 25, It purchased a 91-year-old building with 34,289 square feet at 141 Myrtle Avenue N, where it plans to offer storage, truck and trailer sharing, towing equipment, moving supplies, U-Box portable storage containers and more. The first phase will have 231 units. Source: PR Newswire 

Walt Stinson of Gorham, ME, has proposed a self-storage facility that would have nine buildings and a total of 64,575 square feet at 551 Main St., at the intersection of routes 25 and 237 in Mosher Corner, on former farm property. The main building would have 7,200 square feet. If he gets Planning Board approval, Stinson will donate a vintage barn there to the Shaw Brothers Family Foundation for its Cherry Hill Farm. Source: American Journal

The Planning Commission unanimously recommended the City Council approve a 72,300-square-foot self-storage facility on South Dupont Boulevard in Milford, DE. It’ll go on a 9-acre parcel on the east side of US 113, south of the Del. 14 intersection. First Stage Self Storage will be the owner.  Source: Delaware State News

In California, the Santa Clarita City Council will consider a three-story self-storage facility now that the Planning Commission approved design changes. The facility would have 156,000 square feet, 1,200 units and 21 parking spaces. The three-story building would have a clock tower and would be made to look as if it was a two-story structure. It would be located at the southwest corner of Golden Valley Road and Valley Center Drive in Canyon Country. Source: scvnews.com

Hanlon Architects submitted plans to redevelop a former Toys “R” Us building of 45,000 square feet at 621 Bank St. in Yorktown, NY into a CubeSmart Self Storage on 3 acres of land. The project needs a zoning amendment to move forward. Source: The Examiner

The Planning Board in Colonie, NY rejected preliminary plans to build a new self-storage facility on New Karner Road. The plan called for a three-story, 92,676-square-foot building, taking 2 acres of a 4-acre plot. Luigi Palleschi of ABD Engineers presented the plan on behalf of Tony Casale. The developer will need to return with a revised plan to obtain approval. Source: Colonie Spotlight

Under construction

A three-story self-storage facility is going up in Bellmawr, NJ, on the site that formerly was home to the Pennant/Dick Lee’s building, which has been demolished. The new facility is expected to be completed in the first half of 2021. Source: 42 Freeway

Property demolition has begun on the 1500 block of Ridgely Street in the Carroll-Camden Industrial Area to create space for a 950-unit Beyond Self Storage facility in Baltimore, MD. The 1.14-acres site is bounded by Worcester Street to the north, Denver Street to the east, Ridgely Street to the west and a commercial-use property to the south. North Point Development of Riverside, MO, is the developer of the 121,000-square-foot project. Source: SOuthBmOre.com

A former Toys R Us store, which closed in 2018 in North Olmsted, OH, is going to become a Space Shop Self Storage. That Atlanta, GA-based company has 86 locations, with one in Columbus, OH and the others in Georgia, North Carolina, South Carolina and Virginia. Stein Investment Group of Atlanta purchased the 40,000-square-foot building at 27408 Lorain Road. for $2.4 million on Aug. 20. Source: Crains Cleveland 

 

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Bruce Goldberg