crowdsource crowdsource

Big Byte Insights recently launched a free to use dashboard that maps and tracks the progress of new self-storage development projects across the country. “Our primary motivation for creating this crowd sourcing platform is to better serve our clients, who are investors in publicly traded REITs. They have often voiced their disappointment in the quality…

Century Storage is more than double the size of its facility in Davenport, FL. Century Storage is more than double the size of its facility in Davenport, FL.

Phoenix-based Wentworth Storage Company purchased an 11-acre site at 17492 N. 91st Street in North Scottsdale, AZ where it plans to build a 120,000-square-foot self-storage facility. Wentworth purchased the land with its development partner, Crow Holdings, for $4.35 million. Construction is expected to start in the second quarter and be completed by the first quarter…

storeamerica storeamerica

StorageMart recently purchased a 78,000-square-foot self-storage facility at 3711 Soquel Drive in Soquel, CA for $18.65 million. The facility, built in 2009, was sold by Store More America. The facility (pictured above) offers 667 units and sits on just over 2-acres. The seller was represented by Bobby Loeffler and Tyler Skelly of the Loeffler Self-Storage Group. The three-property Tempe…

leoncaptial leoncaptial

Dallas, TX-based Leon Capital Group has completed construction of its first self-storage development project—a 77,855-square-foot facility at 215 N. A.W. Grimes Boulevard in Round Rock, TX. “We’re extremely pleased with quality of design, construction and the location of the Round Rock facility,” said Jake Walker, managing director. The three-story facility (pictured above) will be managed…

hired hired

Memphis-based self-storage construction lender Jernigan Capital announced that Kelly Luttrell has been promoted to the role of Chief Financial Officer effective May 3. Luttrell will replace William Drummond, who will serve as a consultant following his retirement. Luttrell joined Jernigan Capital as corporate controller in September of 2015. As CFO she will also hold the…

Gulf Gulf

Strategic Storage Growth Trust Inc. recently purchased the newly converted 95,000-square-foot self-storage facility at 12321 Western Avenue in Garden Grove, CA for $18.4 million. The facility offers 900 storage units, as well as 59 RV storage spaces. The facility was recently converted from a former manufacturing building by Irvine, CA-based Progressive Realty Partners. Following the…