publicstoragebig publicstoragebig

How does Public Storage CEO Ron Havner view the current market for self-storage acquistions? “More product, lower quality and higher prices,” Havner said during the company’s quarterly conference call with analysts. That view hasn’t stopped the Glendale, CA-based REIT from purchasing 12 self-storage facilities during the first quarter for a total of $98 million. The…

Durham self Storage rendering-web Durham self Storage rendering-web

Cary, NC-based Ultimate Storage Company continues to add to its self-storage development pipeline with its latest project: a 75,000-square-foot facility on a five-acre site in Leland, NC. Principal Manoj Bhatia told the SpareFoot Storage Beat that they met with town officials recently and expects to open the facility in the spring of 2017. The company…

us storage search storage.com us storage search storage.com

Omaha, NE-based Storage.com, an online directory of self-storage facilities, has acquired another storage directory. Storage.com purchased the website and business operations of USstoragesearch.com for an undisclosed price. The deal comes almost a year after digital marketing firm B2 Interactive acquired Storage.com. Shared history The two websites have a great deal of shared history. USstoragesearch launched…

A recently acquired Extra Space location in near Atlanta, GA. A recently acquired Extra Space location in near Atlanta, GA.

Philadelphia-based Self Storage Capital Partners, in a joint venture with Regency Affiliates, Inc, has acquired a five property portfolio in Harrisburg, PA for $35 million. The 310,257-square-foot portfolio operated under the name Storage Depot and was sold by PFG Capital. The facilities combined offer more than 2,500 units and are located as follows: 6325 Allentown Boulevard, 32…

trampolines trampolines

A developer is planning to convert half of a 122,000-square-foot vacant Wal-Mart at 1919 Diamond Hill Road in Woonsocket, RI into a self-storage facility (pictured at top). The other half? Developer Ryan Finnegan is planning to convert that into an indoor trampoline park—a franchise called Get Air. Finnegan also proposes two new standalone retail buildings…

fire fire

The April 1 television coverage was disturbing, with dramatic aerial shots that showed a devastating fire destroying the former Rockies Inn just yards east of Interstate 25 in Denver. But that won’t stop Denver-based GreenBox Self Storage from continuing to develop a 1,141-unit self-storage facility on the site. “Our plans aren’t changed,” said Josh Fine,…