Shopping malls and other retail centers might be on shaky ground these days, but the ground at some of those developments is becoming valuable territory for self-storage. Chattanooga, TN-based mall owner CBL Properties Inc. (NYSE: CBL) is tapping into the potential of self-storage in a unique way. While developers across the country have purchased shuttered retail…

Bethesda, MD-based ASB Capital Management purchased two recently built StorQuest Self Storage facilities in Denver, CO, for a combined $36.5 million, according to BusinessDen. ASB affiliate 4501 Washington LLC bought the facility at 4501 N. Washington St. from Santa Monica, CA-based The William Warren Group for $19.8 million. The 77,500-square-foot facility sits on 0.9 acres. ASB…

The competition is stiffer, but CubeSmart’s outlook just got a little rosier. The publicly traded storage company has sketched out a slightly more optimistic outlook for its financial performance in 2018. In an April 27 earnings call with Wall Street analysts, executives at the Malvern, PA-based self-storage REIT bumped up their forecast for two key…