Amazing Spaces Amazing Spaces

San Antonio, TX-based storage operator SurePoint Self Storage will start construction this summer on three facilities in the Houston, TX, market. Within the next couple of months, SurePoint will begin work on two of the projects: a three-story facility in Cypress, TX, and a four-story facility in Richmond, TX. Later this summer, SurePoint will turn…

CubeSmart facility CubeSmart facility

Sovran Self Storage, a publicly traded self-storage REIT, recently bought two facilities in Florida. Sovran picked up a CubeSmart-managed facility at 14130 Beach Blvd. in Jacksonville, FL, for $6.5 million. The Jacksonville Business Journal identified the seller as Beach Boulevard Investment LLC, an entity registered to Dr. Jesus Pulido and Dr. Michael Koren. Pulido and…

Storage Authority Storage Authority

In five years, Storage Authority co-founder Marc Goodin envisions that the self-storage franchise business he launched this year will have grown to 500 locations nationwide. “We see it growing exponentially,” Goodin told The SpareFoot Storage Beat. “The most successful business system out there is franchising.” As a means of comparison, self-storage REIT Sovran Self Storage…

StorageWorks StorageWorks

Self-storage operator Metro Self Storage has expanded its presence in the Philadelphia, PA, market with the purchase of three self-storage facilities for $29.25 million, or $153 per rentable square foot. Metro bought the 191,000-square-foot portfolio in partnership with LaSalle Investment Management, a subsidiary of JLL. Real estate advisory firm HFF represented the seller, York, PA-based…