A real estate investment firm in Southern California has brought aboard a self-storage industry veteran to lead the formation of a storage portfolio comprising at least 100 facilities. James Hanrahan, former managing partner of Orange, CA-based RHW Capital Management Group LLC and former partner of RHW’s Store Here Self Storage Management LLC, recently joined The…

Beyond Self Storage is building a large self-storage facility in Cincinnati, OH, with 139,000-plus square feet, three stories and 980 climate-controlled units. It’s being built on part of the former Cast-Fab property, just west of Oakley Station. BSS Oakley LLC, an affiliate of Beyond Self Storage, bought the 3.5-acre site from Local Oakley LLC for…

The logo isn’t the only thing that’s green. Salt Lake City-based Extra Space Storage is emerging as the most sustainable company operating in the self-storage industry. “Sustainability isn’t a new thing for us,” CEO Joe Margolis told the SpareFoot Storage Beat, “We’ve been undertaking smart sustainability ideas for a number of years.” For example, Margolis…

Phoenix, AZ-based U-Haul International Inc. purchased StorGard Self Storage in Buford, GA, for an undisclosed amount. The seller wasn’t identified. The purchase price wasn’t disclosed. The facility, at 3556 Buford Drive, offers 703 storage units. The square footage wasn’t available. Marcus & Millichap reports: Thomas Berlin and Zachary Munce of the company’s office in Detroit,…

Summer may be over, but the self-storage refinancing market remains hot. On Oct. 1, JLL Capital Markets said it secured a $87 million refinancing of a portfolio of 36 self-storage facilities on behalf of West Palm Beach, FL-based self-storage investment firm SROA Capital LLC. The five-year, interest-only 3.12 percent fixed-rate package came from several banks….

The Hampshire Cos. and Harrison Street announced that construction has begun on a self-storage facility at 141 US 206 in Hillsborough, NJ. It’s the second ground-up development project for this joint venture, which focuses on developing facilities along the Interstate 95 corridor from Florida to New England. The first project, in Providence, RI, is scheduled…