GreenSpace plans to build a 100,000-square-foot self-storage facility that uses surplus shipping containers in Pearland, TX, on a 2.4-acre parcel it recently purchased. The project will be its second facility in Pearland, completing its first last year. The company said it plans to develop 50 storage facilities in the next seven years. “We are aggressively…
A mixed-use project with apartments and self-storage – the latter with a four-story building with 100,000 square feet – could be coming to Willard Road in Norwalk, CT, as Frontier Communications wishes to move its vehicle dispatch center off of Willard Road to the former FedEx site on Meadow Avenue. Amendments to the city’s zoning…
Two vacant buildings in Saginaw Township, MI, will be turned into self-storage facilities. In March, Star Saginaw LLC bought the former Value City furniture store building (140,000 square feet) on Bay Road, which has been vacant for about 10 years. Across the street is a CubeSmart site that formerly was a Kmart. Also, Storage of America…
Developers Casey Brock and Tony Berry hope to create something special – “a modern version of yesterday’s warehouse” – as construction begins on its new self-storage facility at 1861 Ashley River Road in Charleston, SC. It will have 675 climate- and humidity-controlled units, and 96,000 square feet, with CubeSmart as manager. “Our objective was to…
Coda Management Group plans to build a self-storage facility at 535 E. Third St. in the Webster Station neighborhood of Dayton, OH. Coda affiliate Platform III Third LLC purchased a former warehouse of 86,640 square feet dating to 1913 that sits on the site. Scott Krone, Coda’s managing partner, hopes to finish the build by…
Elevation Capital Group’s MHPI VII LLC, better known as Fund 7, attracted more than 500 members and raised $100 million in subscriptions since launching in April 2017. That’s a fast raise, and fund managers have announced they have raised the maximum offering amount by $50 million, to $150 million in total. Elevation, a real estate…
Storage Deluxe plans to build a nearly 220,000-square-foot self-storage building after buying a one-story warehouse at 74 Bogart St. in East Williamsburg, Brooklyn, NY. The company bought the warehouse for $45.5 million and plans to demolish it, then build a seven-story facility with about 4,000 units. Storage Deluxe said it will spend $50 million-plus on…
In Lorain, OH, the Zoning Board of Appeals approved a conditional-use permit that would enable TDI Lorain LLC to install about 300 storage units in a section of Lorain Plaza Shopping Center, 1089 Meister Road. It will be called Defender Self-Storage. “I think we’ve seen (this kind of project) in other shopping projects where retail…
U-Haul plans to convert a former Toys ‘R’ Us into a self-storage facility at 2115 West St. in Annapolis, MD. The closed store has 41,440 square feet. U-Haul Moving & Storage of Annapolis, which is operating from a temporary space, plans to reopen in the new space in 2020, using about 10,000 square feet. U-Haul…
St. John Properties has started building the first of three 135,000-square-foot self-storage facilities in the Baltimore, MD area. The first one will be just off Route 43 at the 1,000-acre development in Middle River, and will have 959 climate-controlled units. The storage complex is planned to open in the fall at Greenleigh at Crossroads and…
