In an era when people are racing in and out of employment opportunities (see: “Great Resignation”), Florida-based Anthony Scavo has held just three jobs, including 26 years at Lefrak, which he joined at age 17 and where he moved up to senior managing director of development and construction. These days, he’s Chief Operating Officer at…
In Michigan, the Northville Township planning commission is considering ways to renovate a building to add about 28,000 square feet of self-storage at 807 Doheny St. Renovations would happen in the western part of the building formerly taken by the Jack Doheny Co. Jim’s Oil portion will remain in place in the eastern portion of…
Wong Cubes LLC has purchased Aubin Lane Self Storage LLC for $1.25 million in Baton Rouge, LA. The facility is on Aubin Lane near the Cedarcrest Avenue I-12 overpass. Christopher DeCesare is the registered agent for the seller, Aubin Lane Self Storage LLC. Randy D. Wong is the registered agent for Wong Cubes. The Wong…
Gantry, an independent commercial mortgage banking firm, secured $7.7 million of permanent financing for two self-storage facilities totaling 135,000 square feet of rentable space. The facilities are Storage Corner Group’s 60,000-square-foot Uptown Storage in Salt Lake City, UT, and the 75,000-square-foot Central Storage and Business Park in St. George, UT. Gantry’s Charlie Kokernak, director with…
JLL Capital Markets arranged $33.2 million in financing through SoundPoint Capital for Storage Post Self Storage’s new four-story, 2,370-unit self-storage facility at 620 Richmond Terrace in Staten Island, NY. SoundPoint is an alternative asset management firm based in New York with $28.9 billion of assets under management. The facility will be located on the north…
The notorious Dun-Roamin’ Ranch Motel, once known for being associated with drugs and crime, then demolished in 2019, will be replaced by Platinum Self Storage. Kilgore, TX-based Roberts and Hatchett Partnership owns the property at 2015 E. Marshall Ave in Longview, TX. The partnership also owns Zippy J’s and other gas stations/convenience stores in the…
Storage Cap Holdings LP, which is related to Winter Garden, FL-based Store Space Self Storage, plans to build a large self-storage facility at 205 Anchor Road on 6.85 acres in Seminole County near Altamonte Springs, FL called Store Space – Altamonte. It would have a total of 92,600 square feet of storage space, including 35,000…
Compass Self Storage reached a total of 100 locations (with 30 of them in Florida) when it opened a new property at 203 Neighborhood Market Road in Orlando, FL. It has more than 81,000 NRSF in a multistory, climate-controlled building that also has drive-up units. The company, based in Cleveland, OH and a member of the…
Chris Bornhoft, a commercial real estate broker, and his wife, Marianne, who is a realtor and broker at Windermere Manito, will break ground in April for Garage Lodge, a 23-unit luxury storage condominium complex at 1551 S. Deer Heights Road on the West Plains in the Spokane, WA area. Owners will be able to customize…
Nabers Self Storage is coming to a 4-acre lot at 101 Industrial Parkway in Tehachapi, CA after its planning commission approved it. It will have about 900 storage units spread across 102,815 square feet. It will have both climate-controlled units and non-climate-controlled units. The project owner is 1900 E. Adams LLC of Valencia, CA. Also…
