Celebration Self Storage Celebration Self Storage

Publicly traded self-storage REIT Sovran Self Storage recently bought a storage facility near Orlando, FL, for nearly $200 per rentable square foot — one of the highest per-square-foot prices ever paid for a storage facility in Florida. Sovran, which operates the Uncle Bob’s Self Storage brand, paid $11.25 million for Celebration Self Storage in Celebration,…

Verazity Storage Verazity Storage

Three North Dakota businessmen have opened their first self-storage facility. Verazity Storage, a 62,000-square-foot, 142-unit facility, opened Oct. 21 at 6142 36th St. South in Fargo, ND. The other major city in the area is Moorhead, MN. One of the facility’s features is 24-hour automated, gated and fenced security access. Prices for units at Verazity…

Apollo Storage Apollo Storage

For the second time in less than a year, StoreSmart Self-Storage has turned to crowdfunding to buy a self-storage facility. Investors pooled by online crowdfunding platform Realty Mogul chipped in more than $3 million in equity for StoreSmart’s acquisition of the 112,030-square-foot Apollo Storage facility (pictured at top) in Melbourne, FL. “Self-storage facilities continue to…

boston mixed-use project boston mixed-use project

A long-planned self-storage facility in the Jamaica Plain section of Boston is closer to becoming reality after the developers agreed to key changes sought by neighbors, according to the Jamaica Plain News. The proposed four-story, 132,000-square-foot facility is part of a mixed-use project (artist’s rendering at top) that also includes 132 residential units and 25,000…