Real estate investment firms NitNeil Partners of Atlanta, GA and Seamless Capital in Austin, TX are partnering on another joint venture. The new project will be inside an Opportunity Zone at 853 Airport Blvd., north of the Cesar Chavez area in East Austin, TX. The plan is to replace an old, first-generation facility with a…
LSC Development LLC opened a new self-storage facility in Glenview, IL at 3701 W. Lake Ave. It’s on a 5.6-acre lot, south of Northshore Glenbrook Hospital and near Glenbrook South High School. The developer converted a pair of three-story, 1970s-style office buildings that formerly housed the Pioneer Press, medical and dental offices, and served as…
SecureSpace Self Storage opened a new self-storage facility in Manhattan, NY, to be called SecureSpace Manhattan. The newly built facility is at 424 E. 90th St. and has 88,630 square feet of 100% climate-controlled space. SecureSpace is based in Redondo Beach, CA. Source: GlobeNewswire Planned The LeClaire-Schlosser Group of Marcus & Millichap announced the sale…
Real estate developer Hunt Midwest is expanding its footprint in the Kansas City metro with a new 867-unit StorTropolis self-storage facility in Olathe, KS. The project, currently under construction at 601 N Millridge Street, will be the chain’s sixth and largest facility. Strickland Construction is the builder. The 112,987-unit facility is slated to open in September…
A restaurant building that’s more than 70 years old and still operating might be demolished and replaced by a self-storage facility in Levittown, PA. SAFStor Old Lincoln LLC submitted plans to change Michael’s Restaurant and Lounge at 935 Old Lincoln Highway in Falls Township into a three-story, 109,650-square-foot mini-warehouse and self-storage building. The plans have…
Barone Management recently obtained $13.8 million in construction financing for the ground-up development of a storage facility in Syosset in New York’s Long Island. Completion is planned for November 2024. There will be two structures with a total of 1,025 climate-controlled and 86 exterior drive-up units across 103,440 NRSF. Talovest Capital Inc., arranged the financing…
StorSafe Self Storage hopes to benefit the environment as it builds a 10,665-square-foot expansion to its facility in Michigan City, IN at 2600 S. Franklin St. The expansion will add 82 new climate-controlled storage units. The addition includes an onsite water-management system to collect and clean stormwater, and it’s coupled with a loading dock for…
Go Store It opened its newest facility at 1683 O’Neal Lane in Baton Rouge, LA. It has 86,680 square feet of space and more than 550 units. The company, based in Charlotte, NC, is an affiliate of Madison Capital Group and has more than 6.5 million square feet of storage space under management and construction….
A former call center in Menasha, WI will be converted into a large self-storage facility with the addition of up to 600 units – which may be available by May 2024 – as well as more than 100,000 square feet of RV and boat storage parking. There also will be several executive office sites. An…
Safeguard Self Storage acquired a property in the Howard Beach/JFK area, at 130-02 S. Conduit Ave. in Queens, NY. Developer Triangle Equities created an interesting product: A two-unit condominium, one of which has a self-storage feature (below). Joseph Berretta of Metro Net Realty brokered the deal. The development is one of the largest properties in the…
