unclebobmiami unclebobmiami

Sovran Self Storage, operator of Uncle Bob’s Self Storage, recently purchased at certificate of occupancy a recently constructed self-storage facility in North Miami for $11 million. The facility, at 640 NW 133rd Street, was developed by Northbrook, IL-based Banner Storage Group. Banner purchased the 1.3 acre property for $1.125 million in 2014, according to local…

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CubeSmart CEO Chris Marr said he isn’t concerned about new self-storage development affecting the company’s performance anytime soon, during the Malvern, PA-based REITs most recent earnings conference call. In the company’s top seven markets, CubeSmart has seen the number of new facilities double each year over the last three years. In 2014, Marr said 21…

Uncle Bob's Storage Uncle Bob's Storage

Earlier this year Uncle Bob’s Self Storage acquired its first properties in California—now they are looking for more. During parent company Sovran Self Storage’s recent earnings call, CEO David Rogers provided some in depth commentary on how their breakthrough into the Sunshine State ended up being bigger than expected. The company was already under contract…

storage-cocoa storage-cocoa

Roswell, GA-based Midguard Self Storage purchased 520 Self Storage at 3855 West King Street in Cocoa, FL for $3.45 million. Michael Mele, Luke Elliott and Brian Baldwin of Marcus & Millichap’s Tampa office arranged the sale of the 53,635-square-foot-facility (pictured above). Big Jim Self Storage purchased the 49,800-square-foot facility at 5120 State Road 674 in…

simply simply

Orlando, FL-based Simply Self Storage recently announced the hiring of five senior level executives, including a new development honcho that will oversee the company’s new facility pipeline. The new hires come shortly after news that Brookfield Asset Management acquired a stake in the storage operator for $830 million. Simply CEO Kurt O’Brien told the SpareFoot…