Life Storage will manage a newly opened self-storage business at 2201 Beaumont Drive, Savannah, GA. Developed by Hand Properties Inc., it has 60,595 square feet as well as 576 units, with 181 of them outdoors and 395 climate-controlled. Life Storage operates more than 850 facilities in 20 states and Ontario, Canada. Source: Life Storage
StorageMart has opened a four-story, 62,150-square-foot self-storage building with 549 climate-controlled units at 9640 Jefferson Davis Highway, Fredericksburg, VA. The company is based in Columbia, MO. Source: PR Newswire
Commissioners have approved a change in zoning that will enable a climate-controlled self-storage business to be built on Jonesboro Road in McDonough, GA. It’ll take up 2.64 acres of a 24-acre site at the intersection of Jonesboro Road and Mount Carmel Road. Six Property Holdings II LLC of McDonough, GA sought the zoning change. Source: Moving Henry Forward
Advantage Self-Storage will develop a 73,750-square-foot self-storage facility at 15240 Coal Creek Road in Arvada, CO, near Denver. It’s scheduled for 688 units, plus one three-story, climate-controlled building and four one-story drive-up structures. Talonvest Capital of Irvine, CA, helped make the deal, closing on a $7.65 million construction loan. Talonvest team members for this transaction included Erich Pryor, David DiRienzo, Lauren Maehler, Jim Davies and Tom Sherlock. Source: Talonvest Capital
The Town of Hempstead Industrial Development Agency is reviewing tax incentives for a 140,000-square-foot, $25 million storage facility on Merrick Road. Storage Deluxe, acting as 750 Merrick Road LLC in Valley Stream in New York’s Long Island, has asked for a 10-year payment-in-lieu-of-taxes deal, plus sales and mortgage recording tax exemptions. The storage business would replace a Honda dealership vehicle storage lot and maintenance building. The new facility would focus on commercial storage, such as construction companies. Source: LIHerald.com
The Roseville Planning Commission unanimously approved a seven-building project at 8151 Industrial Ave., with two two-story and five one-story buildings. The total square footage would be about 101,339 square feet, plus a 4,431-square-foot office and manager apartment. In Granite Bay near the Roseville city limit, construction begins soon on a three-story self-storage project. Source: Sacramento Business Journal
Also in California, planning commissioners unanimously said “no” to a conditional-use permit for the three-story Greenspace Self Storage at 9480 E Stockton Blvd. in Elk Grove, CA. They cited problems with the size and visibility, such as the building being visible from Highway 99 and the presence of two residential neighborhoods on the property’s border. The building would have gone on a 3.07-acre site, with about 1,000 units and 133,468 square feet, plus 24 parking spaces.
SmarterSpace Storage is expected to finish construction of a three-story self-storage facility in June at 6589 S.W. Archer Road, Gainesville, FL. It will have 748 climate-controlled units, 47 drive-up non-climate-controlled units and 21 parking spaces for boats and RVs, with a total square footage of 98,450. Life Storage Inc. will manage the facility. Source: SmarterSpace Storage