Jim Sapp, an entrepreneur in Indianapolis, IN, is ready to expand Commercial Self Storage, the company he started seven years ago that caters to business customers. He plans to add two locations this year, three more within one year and more after that. “Our niche is helping businesses with logistics and storage – and there’s…
Demand for self-storage is growing in the Inland Northwest, which includes Spokane County, WA and Kootenai County, ID. Chester Self Storage in Spokane Valley has rented out almost all of its 350 units and plans to build another 70. “In the past 2 and a half years, growth has been exponential,” said Todd Beadle, facility…
The Jenkins Organization Inc. announced it will build a new self-storage facility in the East Downtown area of Houston, TX. It will have 108,000 square feet and 830 units, and is scheduled to open this summer. The site is located to serve Downtown, East Downtown, Eastwood and the University of Houston. The Houston-based company is…
Perhaps the eighth time will be the charm. Hampshire Realty has submitted seven proposals for a self-storage facility at 175 Morris St. in Morristown, NJ. Alas, none have passed muster, so the company is preparing another one for the city council to consider. Frank Vitolo, project attorney, called the latest version “the most unique and…
Self-storage developers in Denver, CO, already were dealing with a report that claimed the city is saturated with self-storage facilities. Now, the Denver City Council has tightened building restrictions on storage facilities with an unanimous May 20 vote to ban the construction of self-storage facilities within one-quarter mile of any RTD (Regional Transportation District) light-rail…
Another potential owner has offered to buy the Roller Palace in Beverly, MA, and wishes to convert it into a self-storage facility. Eric Loiacano of Gloucester, with Sohier Road Self Storage LLC, has applied for a special permit and site plan review with Beverly. Loiacano would like to take the one-story, 56,147-square-foot building that’s home…
Hines, which is best known for office projects and large mixed-use developments, will build several self-storage projects in Arizona. Potential locations include Tempe, Litchfield Park, Surprise, Scottsdale and Glendale. The company also is set to begin construction on Val Vista Self Storage, a 75,000-square-foot, approximately 510-unit site in Gilbert, AZ. It’s expected to be ready…
A Florida self-storage developer has spent $2.3 million to purchase 2 acres of land and also garnered $12.4 million in construction financing from Jernigan Capital. Richard Beavers, president of Self Storage Associates, which is based in Ocoee, FL, also is head of Hialeah Storage Builders LLC. He bought the vacant land in Hialeah Gardens, north…
U-Haul plans to build climate-controlled and heated self-storage units that “would be the first of their kind in Alaska,” according to John Norris, president of U-Haul of Alaska. U-Haul plans to buy the former Fred Meyer building at 650 N. Cobb St. in Palmer, AK, relieving town residents that opposed a proposed shooting range going…
A self-storage facility may replace the once-notorious strip club Dockside Dolls – known to law enforcement for fights, drug use and prostitution – in Graham, NC. Developer 10FssI85, an LLC in Raleigh, NC, bought the property in December. The building has 17,000 square feet and sits on 6.7 acres. Graham officials are considering the proposed…
