This page is an archive of self-storage development news covered by the SpareFoot Storage Beat. The Roll Up column includes details on projects in various stages of development including planned, under construction and completed projects.
SpareFoot sources information for development news either directly from developers and storage operators, or from publicly available news sources.
To access the latest edition of the Roll Up column, please click here.
All Storage has opened two new locations, one at 3300 Basswood Blvd., Fort Worth, TX, and the other at 3251 N I-35, Denton, TX.
The Fort Worth site will have one three-story building, 144,000 rentable square feet and 1,156 units. The Denton location will have a four-story building, 140,000 rentable square feet and 1,160 units.
The company also is developing three other self-storage facilities, all in Texas:
- All Storage Saginaw, 1400 Old Decatur Road in Fort Worth, will have 236,100 square feet and 1,437 units in three stories. It’s expected to open this spring or summer. It offers access to 35W, Pioneer Stadium, Tarrant County College Northwest Campus and Marine Creek Lake Park.
- All Storage Northlake will be a three-story, 211,500-square-foot building with 1,305 units at 4451 Dale Earnhardt Way. It’s expected to open this spring or summer. It’s located off of 35W near the Texas Motor Speedway and DFW Adventure Park.
- All Storage Viridian at 157 and Trinity Boulevard will be three stories, with 1,600 units and 258,100 square feet. It’s located near the master-planned Viridian community, in Euless.
Source: All Storage
Brookwood Properties LLC is building three self-storage facilities in Louisiana – in New Orleans, Jefferson and Kenner. All three projects have Rosehill Construction LLC as the builder and Buffalo, NY-based Life Storage will manage each site. Brookwood and Rosehill are both based in Baton Rouge, LA.
- The New Orleans site is at 10301 I-10 Service Road. It will have 115,000 square feet and 915 climate-controlled units. It will open in Q1 2021.
- The Jefferson location is at 455 Jefferson Highway and will have 146,000 square feet, with 1,160 climate-controlled units. It will open in Q1 2021.
- The Kenner site is at 32nd Street at Arkansas Avenue, with 135,000 square feet. It will have 1,150 climate-controlled units and open in Q2 2021.
Source: Brookwood Properties
By a 4-3 vote, the Oak Ridge (TN) City Council approved a zoning change that would allow the building of a three-story self-storage building at Main Street Oak Ridge. It would be built along Rutgers Avenue, behind Burkes Outlet, Electronic Express and PetSmart. The City Council will vote on the zoning ordinance amendment in June. Source: Oak Ridge Today
Dallas-based Monfort Capital Partners plans to expand Kyle Parkway Self Storage, a CubeSmart facility at 5141 Cromwell Drive, Kyle, TX. Groundbreaking is scheduled for July. MCP plans to add a three-story, 75,000-square-foot building with 500-plus units that will face Kyle Parkway. Completion is scheduled for early 2021. Source: Monfort Capital Partners
The Planning Commission in Vallejo, CA unanimously approved plans to build 1,117 self-storage units at 384 Fairgrounds Drive. There will be three buildings, totaling 106,300 square feet on 1.43 acres. Two buildings will be for self-storage, with the third being a 2,360-square-foot manager’s building. Source: Vallejo Times-Herald
In Nebraska, the Hastings Planning Commission voted 8-0 to grant a conditional-use permit for a project placing self-storage units at 1211 and 1215 E. South St. Trent Schelkopf of Quality Builders LLC of Sutton is the applicant. The property owner is Dan Marshall. Source: Hastings Tribune
Bee Safe Storage and Wine Cellar has opened four new facilities in the past two months. The locations are at:
- 3007 Martinsville Road, Greensboro, NC, with 678 units and 96,000 square feet
- 3547 Danbrook Road, Burlington, NC, 750 units and 94,000 square feet
- 1214 Longreen Parkway, Columbia, SC, with 720 units and 90,000 square feet
- 510 S. I-35 Frontage Road, Round Rock, TX, with 584 units and 80,000 square feet.
Three of the four new sites include the company’s new drive-thru concept. Bee Safe operates 19 facilities in North Carolina, South Carolina, Tennessee and Texas.
SecureSpace Camarillo has opened at 5300 Adolfo Road in Camarillo, CA. It has 75,000 square feet of climate-controlled, ground-floor storage space, plus an equal amount of office space available for rent on the second floor. It offers 600-plus units. InSite Property Group, based in Redondo Beach, CA and the parent company of SecureSpace, has 20 storage facilities under development. Source: InSite Property Group
The Planning and Zoning Commission in Midland, TX rejected a request for a zone change at Holiday Hill Road north of Mockingbird Lane. KW Commercial Investment Advisors sought a zoning change from agriculture estate direct and planned district for a housing development, to a commercial district on 5 acres in Green Hill Terrace. They want to build a 90,123-square-foot self-storage facility of 11 buildings with a total of 595 storage units. Source: Midland Reporter-Telegraph
Brookwood Properties will hold a grand opening this month of a four-story, climate-controlled location at 100 Rushing Road in Denham Springs, LA. It will have approximately 105,000 rentable square feet and 1,100 units. This facility is the company’s 50th location.
Also this month, the company will open a three-story, 940-unit climate-controlled facility at 4618 San Pedro Ave. in San Antonio, TX. It will have approximately 90,000 rentable square feet. In July, it will open a three-story, 900-unit climate-controlled facility at 1540 Lindberg Drive in Slidell, LA. It will have approximately 90,000 rentable square feet.
Baton Rouge, LA-based Rosehill Construction is the general contractor at all three sites. Life Storage is going to manage the three new self-storage facilities. Source: Brookwood Properties
Oakland Park Storage Builders LLC, managed by Richard Beavers of Ocoee, FL-based Self Storage Associates, has applied to build a six-story CubeSmart facility at 880 W. Prospect Road that would include a fire station on the ground floor. The overall facility would total 97,357 square feet, including 86,542 square feet for self-storage and the 10,825-square-foot fire station. The city suggested including the station, according to attorney Richard G. Coker Jr., who represents the developer. The city would contribute up to $1 million to build the station. The self-storage facility and the station would have separate entrances and parking areas. Source: South Florida Business Journal
Weaver Realty Group, represented by Josh Koerner and Frost Weaver, helped sell a self-storage development site at the intersection of Tamiami Trail and Valley Stream Drive in Naples, FL. The property is on a 2.52-acre plot and includes site plan approval for a multistory building of 121,476 square feet. Weaver Realty represented the seller in the transaction and has been an Argus Self Storage Advisor Affiliate since 1999, covering Florida. Argus is based in Denver, CO. Source: Argus Self Storage Advisors
New Kirkland Development plans to build a self-storage facility of about 2,000 units, to be called Kirkland Premier Storage, on The Waterfront Vancouver in Washington state. It would go on a 0.77-acre site at 900 W. Seventh St., just west of the Columbian newspaper on a site that for decades was home to The Crossing, a restaurant comprised of old railroad dining cars. Phase 1 would be seven stories high and have about 118,000 square feet. Phase 2 would be seven stories and have about 200,000 square feet. Source: The Columbian
Contain Yourself Storage has opened a three-story facility at 123 Loyola Drive in Myrtle Beach, SC. It’s right off the US Highway 17 Bypass and is next to Goodwill and Lowes. Source: Benzinga
On Wednesday, U-Haul opened a retail and indoor self-storage facility at 600. S. Holland St. in Wichita, KS. U-Haul Moving & Storage of West Wichita has 950 indoor units with optional climate control. The business offers truck and trailer sharing, towing equipment and professional hitch installation, moving supplies, boxes, U-Box portable moving and self-storage containers, and more. Source: PR Newswire
My Neighborhood Storage Center is a nominee for the Downtown Orlando (FL) Partnership’s Annual Golden Brick Award. The three-story storage center is on the corner of Colonial Drive and Magnolia Avenue. The facility, which opened at the end of December 2019, is competing in the New Office Development and Design Category, and is part of Liberty Corner, which also has five retail outlets totaling more than 15,000 square feet, plus a restaurant. It has 738 units and 68,895 square feet. There will be storage on the second and third floors, plus ground-level retail. Source: Liberty Investment Partners Inc.
Morningstar Storage of Matthews, NC, plans to develop a five-story, climate-controlled self-storage facility with 675 units at 9700 South U.S. Highway 17 in Maitland, FL. It will have approximately 100,000 square feet. Groundbreaking is planned for Q2 2020. ODA Architecture designed the facility. The project includes civil engineer Cycorp Engineering, Karins Engineering and PME Shultz Engineering Group
Source: ODA Architecture
A 1,115-unit, 130,000-square-foot Extra Space self-storage facility is coming to Perth Amboy, NJ. Eastern Union, a commercial real estate finance firm based in New York, arranged $15.5 million in financing for this project, with David Merkin, managing director and Barry Dollman, underwriting director, handling the transaction. Orix USA Corp. is the lender. Source: PR Newswire
Ground has been broken at Brooks, a 1,308-acre mixed-use redevelopment of the former Brooks Air Force Base in San Antonio, TX, the first Opportunity Zone investment in that state. DPR Investments is working on this 9.4-acre site, which will include climate-controlled self-storage as well as a flex space for small businesses. The projected cost is $16 million. SBS Construction is the general contractor and Dallenbach-Cole Architecture is the designer. Source: Connect Texas
StorQuest opened a new self-storage facility in Hawthorne, CA, on West 147th Street, off the 405 freeway. The William Warren Group Inc. owns StorQuest. Source: Yahoo! Finance
A SpaceBox Storage facility is coming to New Orleans, LA. Houston, TX-based JLL Capital Markets closed the sale of a 1.16-acre parcel for what will be a three-story, 836-unit at 1125 S. Liberty St. in New Orleans. The units will be climate-controlled. JLL’s Steve Mellon, managing director; Brian Somoza; and Greg Riera, senior vice president, marketed the site on behalf of seller Baranof Holdings. York Developments bought the site and will develop the facility.
Source: JLL Capital Markets
Talonvest Capital Inc., based in Irvine, CA, helped close a $6.2 million construction loan for Madison Capital Group on the latter’s development of a Go Store It site in Kennesaw, GA. The five-story, 100% climate-controlled self-storage facility is at 1731 McCollum Parkway NW & 3572 Grant Drive. It will have 714 units in 69,550 square feet. Kim Bishop, Jim Davies, Eric Snyder and Lauren Maehler comprised the Talonvest team that negotiated the deal. Source: Talonvest Capital Inc.
The City of Chicago, IL, approved a construction permit for Rick Fox, CEO of Millennium Garages in Chicago for his proposed 200,000-square-foot underground project that would include 123,000 square feet of self-storage. LSC Development would build out the space, which is in a lower level of the Lakeside Garage. Source: Crain’s Chicago Business
The Fenton Township Board of Trustees approved a zoning ordinance amendment that would allow building a self-storage facility at 11191 and 11175 Torrey Road in Fenton, MI. Applicants Brian and Jeanette Tait seek to develop a 16.25-acre parcel. The decision means no storing of hazardous materials, sets a maximum height for the units and requires setbacks to make a buffer for residential neighbors. The Planning Commission will consider the project on May 14. Source: Tri-County Times
Tom Krause hopes to open a new self-storage facility at 3077 Garfield Road, on the west side of Garfield just south of the South Airport Road intersection in Traverse City, MI. Part of the project needs rezoning from general commercial to general industrial, which some neighbors oppose. The development would take up about 2.85 acres of a 4.43-acre site. The Planning Commission is considering the proposal. Source: The Ticker
The Placer County Planning Commission approved a conditional-use permit for Sierra College Self Storage, a 721-unit development that would be the largest self-storage facility in Granite Bay, CA.
It would be built on a 2.83-acre site at 8455 Sierra College Blvd., where Neff Rental currently sits; Neff’s building would be demolished. The project calls for four buildings, ranging from one to three stories, for a total of 110,618 square feet. Also there would be a 1,600-square-foot building that would house the office, plus an 880-square-foot corporate office for Sierra College Self Storage. Valli Architectural Group, in Mission Viejo, CA, is the project architect. Source: Sacramento Business Journal
[caption id="attachment_9366" align="aligncenter" width="460"] Storage Blue redeveloped a factory in Garfield, NJ into a self-storage unit complex.[/caption]
StorageBlue opened a 650-unit, 60,000-square-foot self-storage facility at 170 River Road in Garfield, NJ. It was a redevelopment of a former macaroni factory. The company operates five self-storage facilities in New Jersey and New York. Source: REBusiness Online
[caption id="attachment_9367" align="alignnone" width="780"] NitNeil Partners has opened a new self-storage facility in Tarpon Springs, FL.[/caption]
NitNeil Partners opened a CubeSmart self-storage location this month at 38932 U.S. Highway 9 North, Tarpon Springs, FL. The three-story building has 610 climate-controlled units and 64,865 rentable square feet. It’s the company’s third facility in the Tampa Bay area. NitNeil is a real estate management firm that buys and builds self-storage facilities in the Southeast and Southwest U.S. Source: NitNeil Partners
Storage Works Inc. broke ground for a vehicle storage facility at 2950 Work Drive in Fort Myers, FL. The 125,000-square-foot site will have covered and open storage options, pull-thru spaces up to 70 feet in length and 60-degree angled parking designed to make it easier for drivers to maneuver while parking or exiting. Oden Hardy Construction of Bradenton, FL, is the general contractor. Southview Studios LLC of Fort Myers is the architect and Banks Engineering, also of Fort Myers, is the civil engineer. Source: Storage Works Inc.
In a unanimous vote, the Zoning Board of Appeals denied a special permit application to add six storage buildings at the Stow Away self-storage facility on Route 6 in Eastham, MA. The site already has four storage buildings onsite. The board cited insufficient information on drainage and groundwater protection plans as reasons for the denial. Source: Cape Cod Times
The Coastal Storage Group plans to add three new facilities, all in Florida. The self-storage development company in Charleston, SC, has teamed up with Miller-Valentine Group, a design/build construction and development company based in Dayton, OH, in planning these self-storage sites. Each will have 750 climate-controlled units and three stories. Here’s what’s planned:
[caption id="attachment_9343" align="alignnone" width="780"] A planned facility in Ormond Beach, FL; one of three planned by the Coastal Storage Group.[/caption]
- A 71,350-square-foot building at 263 S. Nova Road in Ormond Beach, at the intersection of South Nova Road and Fernery Trail. Construction will start in late August. The property is scheduled to open in summer 2021.
- Also planned is a 73,899-square-foot facility in Lakeland at the intersection of Lakeland Highlands Road and Meadowland Park Drive. Construction will begin in late August and the facility will open in summer 2021.
- The third facility will be at 3660 Dr. Martin Luther King Jr. Blvd. in Fort Myers. It will have 75,676 square feet. Construction will start in late September and the site will open in fall 2021.
Coastal Storage Group owns and operates four self-storage facilities mainly in the Southeast, including Charleston and Myrtle Beach in South Carolina, and in Knoxville, TN. Source: Coastal Storage Group
Patagon Ventures LLC spent $1.6 million to buy a 29,994-square-foot property at 533 E. Hunting Park Ave. in Philadelphia, PA, and intends to redevelop it for self-storage. There is no construction dateline yet. Jason Ostrach and Chris Pennington of Binswanger Commercial Real Estate Services represented Patagon in the deal. Tony Rodd of The Flynn Co. represented the seller, SBG Real Estate LLC. Source: REBusiness Online
Because of social distancing rules, city commissioners in Haverhill, MA, postponed an April 14 meeting that was scheduled to include dealing with U-Haul’s plan to renovate the former Building 19 into 81,000 square feet of self-storage, 10,000 square feet of warehousing and 25,000 square feet of showrooms. The plan also calls for locating self-storage containers near the old Building 19 store. The project will be considered at a June 2 meeting. Source: WHAV
Grading has begun and underground utilities are being put in for Storage District, a 130,149-square-foot indoor self-storage facility being built at the corner of Soquel Canyon Parkway and Fairfield Ranch road, east of Hotel Chino Hills, in Chino, CA. Source: Chino Champion
Northampton, MA, will get its first climate-controlled self-storage facility after Joseph Mendola, senior real estate advisor at NAI Norwood Group, sold an 8-acre site for $595,000. Mendola is the Argus Self Storage Advisor broker affiliate for northern New England. The site is near the Easthampton Town line, where retail and residential development are going on. Source: Argus Self Storage Advisors
[caption id="attachment_9331" align="alignnone" width="780"] Work has begun to convert the former Farm Fresh site in York County, VA into a self-storage facility.[/caption]
Interior work to transform a vacant Farm Fresh site into Merrimac Trail Self-Storage began in January at the Shoppes at Merrimac Center near State Route 143, in York County, VA. Jack Coupland, head of development for the Adams Property Group of Charleston, SC, said outside work will begin this week for the $6 million project, which will be about 92,000 square feet. Source: Virginia Gazette
[caption id="attachment_9332" align="alignnone" width="780"] Construction has begun for a new self-storage facility in Spring Hill, FL from Storage King USA.[/caption]
Construction began for the 127,000-square-foot expansion of the Storage King USA facility in Spring Hill, FL. The concrete foundation and slabs have been poured, and the metal framing is almost done. The expansion includes climate-controlled units, flex spaces and covered RV/boat storage. Completion is planned for July. Source: Linkedin
[caption id="attachment_9334" align="alignnone" width="780"] Cedarwood Development recently completed this new facility in Orlando, FL.[/caption]
Cedarwood Development, based in Fairlawn, OH, finished building its first self-storage facility in the United States. The company, an affiliate of Cedarwood Cos., built a 787-unit, 117,000-square-foot facility at 930 Sligh Blvd. in Orlando, FL. US Storage Centers will manage the property.
Ample Storage, whose phase one will have 65,000 square feet, is being built along Sunset Avenue, east of the Little Easonburg road sign in Rocky Mount, NC. Lampe Management Co., a commercial real estate firm, expects to open it in June. Ample Storage has locations in the Triad and Raleigh-Durham areas as well as Richmond, VA, South Carolina and Florida. The Lampe family also owns American Flag Self Storage, which has facilities in Fayetteville and Greensboro, NC.
Source: Rocky Mount Telegram
Northstar Commercial Partners is developing a self-storage center in Gateway Village, near Denver’s famed Red Rocks Park in Morrison, CO. Gateway Village is a 22-acre subdivision north of Interstate 70. Its final project will have Golden, CO-based Confluence Cos. putting up a 142,541-square-foot, four-story building on 3.5 acres that will have co-working, retail and restaurant space as well as 164 co-housing units. Source: BusinessDen.com
[caption id="attachment_9288" align="alignnone" width="780"] Lacey Self Storage has been opened under management West Coast Self Storage in Lacey, WA.[/caption]
Lacey Self Storage has opened at 8345 Martin Way E, a block east of Mervin Road NE in Lacey, WA. It has 817 units, 104,240 square feet of rentable storage space, plus 20 covered RV/boat storage spaces as well as another 10 enclosed RV storage units. The facility later will offer moving truck rentals. The facility is managed by West Coast Self-Storage. Source: Patch
StorageMart opened a self-storage facility at 1020 Glenwood St. in Overland Park, KS. It has 973 climate-controlled units plus 69 that are not climate-controlled. Source: REBusiness Online
A unique hybrid facility has opened in Topeka, KS: TopCity Sports & Storage now offers climate-controlled storage units and later on, after it adds an indoor-sports facility, athletes will be able to practice, then store items in their own units. The company will market to local sports teams as a place to have practices and store equipment. TopCity, located at 4600 N. Topeka Blvd., also offers parking for boats, cars and RVs. Source: Inside Self-Storage
The city of Ocoee, FL, approved a rezoning request that allows a self-storage facility to be built at 9000 W. Colonial Drive (above) as part of the Shoppes at West Oaks Planned Development. A four-story building is planned and will have office, retail and self-storage space. The project also includes a small addition to the nearby Aldi Grocery Store. The climate-controlled self-storage portion will have 100,396 square feet and be spread on all four floors. There’ll be retail on the first floor and room for office space on the fourth floor. Source: Orangeobserver.com
Banner NorCal Developer LLC will build a six-story, 110,844-square-foot storage building for boats and RVs following approval by city officials in Alameda, CA. It will go up on a 1.24-acre parcel at the northwest corner of Mariner Square Drive and Marina Village Parkway Source: East Bay Times
U-Haul hopes to win a rezoning request so that it can convert a former Kmart property at 3150 National Road West in Richmond, IN, into self-storage, truck and trailer rentals, and retail sales. The rezoning request covers just the 8.33 acres that comprise the west half of the property. The Kmart closed in December. Source: Palladium-Item
The Roller Valley roller rink at 9415 E. Fourth Ave. in Spokane Valley, WA, may be converted into a self-storage facility. TDR Investments LLC filed for a building permit that calls for 95 outside storage containers taking up more than 32,100 square feet. The plans also seek to transform the roller rink to house 116 indoor storage containers, taking up 15,500 square feet. The three Oberemok brothers – Roman, Timofey and Dmitriy – comprise TDR. Source: The Spokesman-Review
Hawaii Self Storage plans to build a self-storage facility in Iwilei, which is close to downtown Honolulu, in a second development phase of a $10 million project. The company began renovating a shared part of the building at 909 Dillingham that will add about 75,000 square feet of storage on two levels. Hawaii Self-Storage is leasing the building from Bank of Hawaii, which owns the 3-acre site. The first phase will add a reception and administration area, a new freight elevator, new air conditioning, units, vehicle storage and more. The building also will have a conference room, loading docks, access control and more. The second phase will add a five-story storage building. Iwilei will be the company’s seventh location. Source: Pacific Business Journal
A six-story, 131,700-square-foot 1,100-unit Life Storage building has been proposed for 33 E. Woodlawn St. in the Germantown neighborhood of Philadelphia, PA. That site, owned by the Philadelphia Suburban Development Corp., currently is a parking lot. JSF Management is developing the property. LifeStorage, based in Buffalo, NY, has 750-plus locations nationwide.
Source: Philadelphia Business Journal
City officials seek a zoning change in Elk River, MN. If approved, it would lead to owner Keith Burnham building an Affordable Storage facility at the former Max-Sun/Sportech building at 11074 179th Ave. NW. Burnham plans to build a 500-unit, indoor climate-controlled structure at the site. Source: Star News
Larry Koland hopes to bring the Rosemount Car Club, in the form of private garage condominiums, to the Rosemount Business Park this summer in Minnesota. It’s designed for those who own classic cars or exotic vehicles, or have other hobbies that require 650 to 1,000 square feet. The facility will have about 76 condos in three buildings, plus a community clubhouse. The Rosemount City Council will discuss the proposal at its next meeting. Source: SUN This Week
[caption id="attachment_9190" align="alignnone" width="780"] Manley Storage Ventures, Rosemurgy Properties, and Sentry Self Storage are planning a three-story facility in Boca Raton, FL.[/caption]
A three-story, climate-controlled self-storage facility is planned for north Boca Raton, FL. Manley Storage Ventures, Rosemurgy Properties and Sentry Self Storage plan to put up the 128,635-square-foot building on 3.5 acres on Federal Highway. Manley Storage Ventures has been developing principal and managing partner for about 60 self-storage sites totaling 4.8 million square feet, according to a press release. Rosemurgy Properties is a commercial real estate development, investment and management firm whose specialties include self-storage. Sentry Self-Storage manages more than 25 properties. Source: The Real Deal
SecureSpace Self Storage opened a new facility at 1518 S. Washington Ave. in Piscataway, NJ. It has 122,000 square feet and climate-controlled units. Source: Yahoo! Finance
Clarkston, GA, has approved a six-month moratorium on new self-storage facilities, gas stations and dollar stores. Officials plan to rewrite the city’s zoning code and be strategic about the allocation of available space, according to Councilwoman Y.T. Bell. The city, which is just two square miles, currently has three mini-warehouses or self-storage facilities, seven gas stations and three dollar stores. Source: Atlanta Journal Constitution
More Stor Self Storage is coming to Wichita, KS, with plans for 350 units in 81,000 square feet of storage space spread among 21 buildings, which include an office and manager’s apartment. It will go behind the Quiktrip on the northeast corner of 143rd Street and Kellogg. JNH Co. is the general contractor and construction is expected to finish the $2.4 million project in October.
The site will have a combination of conventional storage space and high-end climate-controlled units, according to Nick Howell of JNH Co. The facility’s name may change once a brand-name operator is lined up, he said. Source: Wichita Business Journal
A three-story, $5 million self-storage facility, which is waiting on permit and zoning approvals, is planned for The Atlantic Shopping Center at 1599 Memorial Drive SE in Atlanta, GA. The shopping center is a Paces Properties development that’s going up near the intersection of Edgewood and Kirkwood. It will have climate-controlled units. The facility would join a Planet Fitness and co-anchor tenant Floor & Décor. Source: whatnowatlanta.com
A three-story self-storage facility has been proposed for New Brunswick Avenue in the Hopelawn section in Woodbridge, NJ. 112 New Brunswick Properties Urban Renewal wants to tear down a 3,891-square-foot, single-story building and build a 128,366-square-foot (124,766 square feet for storage), three-story mixed-use building at 112 New Brunswick Ave. and 105 Juliette St. It would have about 3,600 square feet of ground-floor retail space. The teardown is the former home of Cypress Transport Co. and Prang Trucking. Remediation would be needed for what is a brownfield site. A public hearing about the project takes place on March 4. Source: My Central Jersey
[caption id="attachment_8969" align="alignnone" width="780"] U-Haul will convert the former Kmart in Queensbury, NY into self-storage units.[/caption]
U-Haul hopes to convert a former K-mart at 308 Dix Ave., Queensbury, NY, into a self-storage and retail business. It would turn about 66,000 square feet of the K-mart into climate-controlled self-storage with 641 units. U-Haul, which bought the property for $7.1 million last year, also wants to put in drive-up self-storage buildings with a total of 147 units. U-Haul’s current address is 112 Main St. The company needs the Planning Board to make a zoning change that would allow interior self-storage in a commercial light industrial zone. Source: Glens Falls Post-Star
The Adams Property Group is building a 97,000-square-foot, climate-controlled Monster Self Storage facility in Robinhood Village in Winston-Salem, N.C. Adams began building it in January and it’s expected to open by year-end. Adams recently developed the Market at Mill Creek Shopping Center on S.C. Highway 41 in northern Mount Pleasant. Source: The Post and Courier
[caption id="attachment_8970" align="alignnone" width="780"] Baranof Holdings is developing this self-storage facility in Lemon Grove, CA.[/caption]
Lemon Grove Village Self Storage is being built at 8016 Broadway in Lemon Grove, CA. The three-story building will have 109,000 square feet and 800 climate-controlled units, and completion is expected in summer 2021. It also will have 5,500 square feet of retail on the first floor. Baranof Holdings is the owner. Stephen Grossman of Self Storage Investment Services Inc. represented both sides in the transaction. Source: Self Storage Investment Services Inc.
CubeSmart Self Storage opened a 91,500-square-foot building at 15025 Voss Road in Sugar Land, TX. It has about 700 units. Source: Community Impact Newspaper
StorQuest Self Storage opened a new facility in Brownsville, Brooklyn, NY, on Osborn Street between Linden Boulevard and Newport Street. Source: Yahoo! Finance
Alderman in Saint Clair, MO, voted 4-0 to no longer allow self-storage development in the city’s commercial districts. Self-storage still would be allowed in industrial districts. Source: Inside Self-Storage
In Georgia, the Powder Springs City Council voted 3-2 against approving a special-use permit for a CubeSmart self-storage facility. The company had hoped to build on the northeast corner of C.H. James Parkway/U.S. 278 at Sweetwater Avenue. Source: Atlanta Journal Constitution
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A joint venture plans to develop a three-story, 98,000-square-foot self-storage project in Peachtree Corners, 7112 Peachtree Industrial Blvd. in Atlanta, GA.
The joint venture is comprised of Polara Capital, a Capital Markets Advisory firm; real estate firm WePartner; and ADEVCO, a commercial real estate developer. LifeStorage will manage the property. The $8 million project broke ground this month. Source: Connect Atlanta Commercial Real Estate News
[caption id="attachment_8774" align="alignnone" width="780"] A new Extra Space Storage facility is coming soon to Bayonne, NJ.[/caption]
Extra Space Storage will operate a new 124,960-square-foot, five-story facility west of Route 440 in Bayonne, NJ. It will be on the border of a new road that will go from the eastern end of East 24th Street to East 22nd Street. The City Council, in a 4-1 vote, awarded 25-year tax abatements to Extra Space Storage and two other projects. Johnson Development Associates, which is building the storage facility, will contribute about $200,000 of road construction and another $150,000 to the roadway project. Source: NJ.com
In Buffalo, NY, the Planning Board approved two self-storage development projects. Wayne Bacon and Jack Ruh plan to rework the former Fedders Radiator three-story building, 31 Tonawanda St., into an indoor, climate-controlled storage facility. They also hope to build outdoor self-storage garages on vacant land across the street at 150 Tonawanda. Nearby is the former Fedders Manufacturing Works and Fedders Automotive Corp.; developer Eran Epstein plans to convert them into 80 apartments plus storage space. Source: The Buffalo News
U-Haul plans to open a 60,000-square-foot, climate-controlled self-storage building in the former Bristol Kmart building at 2854 W. State St. in Bristol, TN. The building has been vacant since 2016. Source: News 5 WCYS
The Huntingdon County Planning Commission approved comments for a 4,000-square-foot addition to Strickler’s Self Storage on Fairgrounds Road in Smithfield Township, PA. Source: The Daily News
The Springettsbury Township Planning Commission has approved a proposed change in zoning that would allow a mini-storage facility to replace an empty The Bon-Ton store in York Galleria in Pennsylvania. W.P. Carey seeks to open the facility at the mall. The self-storage facility would be self-contained in the store’s space. The Bon-Ton stores filed for bankruptcy in February 2018. Source: York Dispatch
Dittmar Realty Inc. will begin building two new My Choice Self Storage facilities this spring at the American Eagle Business Park in Slinger, WI, following the village Planning Commission giving its approval. They’ll go up at the northwest corner of Highway 60 and Hillside Road, and will be part of Slinger Self-Storage. Source: gmtoday.com
A former Toys R Us building at 27048 Lorain Road in North Olmsted, OH, is going to become a Space Shop Self-Storage facility. Developer Stein investment Group of Atlanta plans to rework the 42,000-square-foot building into a facility with about 600 climate-controlled units. Source: Cleveland.com
In a unanimous vote, the City Council in Parma, OH, mandated a six-month moratorium for opening new self-storage facilities. There are about a half-dozen facilities in Parma, mostly along Brookpark Road’s commercial and manufacturing areas. “We believe it would be a smart move to hit the pause button on storage unit facilities and take a look at our zoning code as to how best to address the number of these facilities (within) our city,” Mayor Tim DeGeeter said. Source: Cleveland.com
The city of Vineland, NJ, gave final approval for Storage Box Central to renovate a former ShopRite supermarket at 215 N. Delsea Drive into a facility with 75,000 square feet and up to 600 units. Storage Box Central is one of the names used by American Self Storage. The developer also has an option to build another 75,000 square feet for storage. Source: Daily Journal
U-Haul at I-95 and State Road 84 in Fort Lauderdale, FL, bought 0.88 acres of land that abutted property east of its store and plans to build a six-story self-storage building with about 800 units there. The facility will be ready in 2021. Source: PR Newswire
Self-storage units are coming to 1734 Holbert Cover Road in Saluda, NC. Don Mintz is proposing 40 mini storage units, and the building would be 5,760 square feet. Mintz plans three strip buildings comprised of eight to 12 shipping containers, all to be used for self-storage. Source: Tryon Daily Bulletin
A Home Depot plan for a 134,000-square-foot home-improvement store and a six-story self-storage facility at 59-02 Borden Ave. in Maspeth, Queens, NY, has been rejected by Community Board 2. Home Depot sought a special permit since the proposed site is in a manufacturing district, and self-storage is not allowed there. But the board’s decision is only advisory; the City Planning Commission and City Council will make the final decisions. Source: Sunnyside Post
Garrett Development Corporation, which is based in Scottsdale, AZ, is building a 99,850 square-foot self storage facility at 10425 N 25th Ave in Phoenix, AZ. It will have 773 climate controlled units in 2 stories plus 22 covered RV spaces. Campbell Development is the contractor. Extra Space Storage will manage the site, which is near Metrocenter on the I-17 corridor. The facility will open in January 2021.
[caption id="attachment_8753" align="alignnone" width="780"] StorageBlue has completed its fifth self-storage project in the state of New Jersey.[/caption]
StorageBlue opened its fifth self-storage facility in New Jersey, this one at 170 River Drive in Garfield. The $6 million project reworked an old macaroni factory into a 60,000-square-foot, 650-unit site. The company’s other self-storage facilities are in Hoboken, Union City, Newark and Garfield. Source: NJBiz
Lighthouse Self-Storage opened at 11060 Griffin Road, in Cooper City, FL. It has 888 units and 86,748 square feet. Lighthouse also has facilities in Fort Lauderdale, West Palm Beach and Homestead. Source: Miami’s Community Newspapers
The Planning and Zoning Commission in Cape Coral, FL, is considering prohibiting further development of self-storage facilities on Pine Island Road. Those that object to self-storage are hoping instead to bring more retail to the city. Source: WBBH/WZVN TV
Attention all oenophiles.
Industry veterans Rachel Keller and Bruce Nichols have grape, er, great expectations for Carl’s White Glove Personal Storage & Wine Vault in Naples, FL. The self-storage facility will house only wine at 11201 Tamiami Trail East. Gates Construction is putting up the three-story, climate-controlled building. May 1 is the planned opening.
The wine vault will provide storage options for restaurants, wine clubs, brokers and individual collectors. It has an emergency backup power system to maintain temperature and humidity during power outages. Source: Business Observer
Larry Koland, who owns two storage units at the Eagan Car Club – where he stores his 1953 Mercury M-100 and 1998 Porsche 911 – plans to build Rosemount Condo Garages in that Minnesota city. It will have three buildings that combined will have nearly 80 private garage condos in a business park off South Robert Trail, south of County Road 42. Its standard 1,000-square-foot unit, which is 25 by 40 feet, will cost about $200,000 and will have a gas-filed boiler, in-floor heat, electrical, drywall and fire suppression. Bathrooms can be installed. Koland also owns Inver Grove Heights Storage and More Space Self Storage in St. Paul, MN. Source: twincities.com
Rapid Building Solutions estimates it will spend $7 million to buy and renovate a former Kmart store (it closed in 2012) and turn it into a 100,000-square-foot self-storage facility with 800 climate-controlled units at 5751 Beach Blvd. in Jacksonville, FL. It’s expected to open in July or August. It will be a drive-thru building with no external access. Source: Jacksonville Daily Record
A three-story self-storage facility is coming to 1723 S. Woodbourne Road in Middletown, PA. it will replace a vacant, dilapidated professional office building. The 102,375-square-foot building will have about 800 storage units, and will be located near Cobalt Ridge Drive North and next to Our Lady of Perpetual Help church. SAFStor Real Estate Co. is the developer. Construction will begin in May and is scheduled to end in June 2021. Source: Bucks County Courier Times
Developer Sunil Puti purchased a 19-acre property, for $850,000, that was the former home of a Kmart store at 1321 Sandy Hollow Road in Rockford, IL, with plans to build a Boxed Up Self-Storage facility there. Source: rr.com
S3 Storage Solution LLC is building a 90,000-square-foot, 610-unit facility, to be called The Storage Haven, at 10023 Callabridge Court in the Mountain Island Lake area in Charlotte, NC. It will have climate-controlled and drive-up units, plus boat/RV parking. Fourth Elm Construction LLC is the general contractor. Construction is scheduled for completion in June.
CubeSmart Self Storage of Destin is being built at 17005 Emerald Grove Parkway in that Florida city. It will have 79,758 square feet of climate-controlled storage. It’s going up on a 2.45-acre site for which MH Destin Storage LLC paid $2.995 million in February 2018. It was the former location of First National Bank. The opening date hasn’t been set. Source: nwfdailynews.com
SecureSpace opened a new self-storage facility at 810 Cheney Highway in Titusville, FL, between I-95 and US Highway 1. It has 75,000 square feet of space and 755 units, and is situated at a former Kmart location.
SurePoint Self Storage opened a facility in Sugarland, TX, to be managed by CubeSmart. SBS Construction was the general contractor. Source: Inside Self-storage
The city council in Smithtown, NY, on Long Island, may be voting in March on a proposal to limit mini warehouses to industrial districts and to change a height restriction for such buildings. Town Planner Peter Hans said it’s an attempt to keep storage facilities out of downtown in favor of retail and office space. Current zoning rules allow the storage facilities in central business districts and industrial districts. They also limit their height to two stories, although zoning variances have allowed taller buildings. Source: Newsday
The City Council in Woodstock, GA, will consider permit requests for a self-storage facility and car wash west of Interstate 575 on Highway 92 – despite an approval losing a 3-2 vote from planning commissioners. Wilson Development Group has proposed a three-story self-storage building plus the car wash, next to a new drive-through restaurant between Downsby Lane and Fitchburg Drive. Current zoning allows the restaurant, but the self-storage facility and car wash need conditional-use permits. Source: Cherokee Tribune & Ledger-News
In Alabama, Patriot Storage purchased Suenos Birmingham LLC for $375,000; the seller bought the property for $1.525 million in 2008, but a stay on hotel development affected its value. Trey Henderson, who owns Patriot Storage, and Charlie Douthit plan to develop a 40,000-square-foot self-storage facility with 400 units at 480 Wildwood Circle N., off Lakeshore Parkway, next to the Four Points by Sheraton hotel near Homewood’s Wildwood shopping center. It’s expected to be open in early summer. Source: Birmingham Business Journal
The Planning Commission in Ravenna, OH approved an expansion of Ravenna Self Storage at 950 N. Freedom St., at the corner of Freedom Street and Route 88. Source: Record-Courier
Edgewood Storage LLC plans to build a 96,000-square-foot self-storage building and a 5,000-square-foot retail building at the former site of Jones College along Edgewood Avenue in Murray Hill (see below), which is part of Jacksonville, FL. Source: The Coastal
Self-storage developer Premier A-2 West Chester PA LLC, an affiliate of Premier Storage Investors of Memphis, TN, spent $5 million to acquire a vacant 134,000-square-foot building on 10 acres off Old Fern Hill Road in West Chester, PA. New Mill Capital Holdings was the seller. Premier plans to convert the cold storage site into a self-storage use. Source: Philadelphia Business Journal
PWM Properties LLC hope to open an indoor self-storage facility in a former bowling alley building on South Stewart Street in Sonora, CA, by early-to-mid-March. The bowling spot had been empty for almost 10 years. StorQuest Self Storage will operate the facility. PWM also broke ground on another self-storage facility off of Microtronics Way, adjacent to Tuolumne Road in East Sonora. Source: The Union Democrat
Garrett Development Corp. of Scottsdale, AZ, is building a 116,000-square-foot self-storage facility at 29640 N. Tatum Blvd. in Phoenix, located in a shopping center. The two-story building will have 837 climate-controlled units. Campbell Development is the general contractor. Extra Space Storage will manage the facility, which is expected to open in January 2021. Source: Garrett Development Corp.
U-Haul Storage has opened about 450 self-storage units at its new location at 2436 N. Verity Parkway in Middletown, OH. It’s on the former site of a car dealership. The project cost an estimated $1 million. U-Haul storage has been in Middletown since 1979 at a different address, 230 S. Verity Parkway. Source: Journal-News
SAD Management LLC opened Pelham Road Self Storage at 345 Pelham Road in Greenville, SC. It has 687 units, with both non-climate-controlled and climate-controlled available, and 61,350 square feet of rentable storage space. Griffco Design/Build Inc. was the general contractor. Absolute Storage Management will operate the facility. Source: Absolute Storage Management
In Minnesota, the New Hope City Council made a change in zoning self-storage developments. They won’t be allowed in commercial and industrial zones and now are zoned only for business warehouse districts, as the city wants to limit where self-storage facilities will go. There are eight self-storage facilities in New Hope. Source: ccxmedia
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Quinlan Development Group LLC, which is based in Manhattan, NY, is building a self-storage facility at 174 Route 17 North in Rochelle Park, NJ. It will have 1,034 climate-controlled units plus nine drive-up ones, as well as 75 climate-controlled lockers. PS Advantage Inc. will manage the site, which is on the northbound side of Route 17. Quinlan obtained a $13.35 million construction loan from Bank OZK.
[caption id="attachment_8708" align="alignnone" width="780"] Quinlan Development Group is building this facility in Rochelle Park, NJ.[/caption]
The city council in East Bethel, MN, is willing to take another look at owner MN Built Harris LLC’s wish to expand Gopher State Storage with another 215 units. The site, which has one office building and two storage buildings, is at the southeast corner of Highway 65 and Sims Road. The council voted against expansion three months ago, but now there may be majority support to reconsider the revised plan – as long as the issues of building setbacks from residential properties and site access are considered. Source: ABC Newspapers
In Georgia, the Holly Springs City Council approved a conditional-use permit for a self-storage property. Applicant Thomas Crumpton sought permission to allow RVs, boats and trailers to be stored on the property, which is on Hickory Road. Source: Cherokee Tribune & Ledger News
Mount Pleasant, SC’s design board is considering preliminary plans for a new self-storage building with ground-floor retail space on Coleman Boulevard. The plan calls for Broadway Street Self Storage to have a three- and four-story structure built between Peach Orchard Plaza at 423 Coleman and Vicious Biscuit at 409 Coleman. Coleman Holdings LLC, an affiliate of Grambling Brothers Real Estate & Development, is the developer. Source: Post and Courier
Ultra Storage on Golf Course Drive has opened at 2701 Golf Course Drive in Ventura, CA. Universal Storage Group of Atlanta, GA is managing the facility for owner Brian Harvey. It has more than 72,000 net rentable square feet and 480 units. Source: Universal Storage Group
Sohier Road Self Storage, 130 Sohier Road, Beverly, MA, opened in late 2019. It offers both nonclimate- and climate-controlled spaces of various sizes. It also has storage spaces for RVs and boats. Source: Wicked Local Beverly
More RV and boat storage is coming to PremieRVehicle Storage in Marana, AZ. Jeff Gordon of Eagle Commercial Realty Services in Phoenix, AZ, handled the Jan. 8 sale of 4.75-plus acres of development land to PremieRVehicle, which currently has 465 covered spaces and plans to add an unknown number of new ones. Construction is expected to finish by year-end, Gordon said. He is the Arizona broker affiliate of Argus Self Storage Advisors, which is based in Denver, CO.
A $9 million redevelopment project that will include a My Space self-storage facility and retail will replace the Sacred Heart Catholic Church in Roseville, MI. It will be demolished later this year or in early 2021. The Roseville City Council unanimously approved a conditional rezoning for a 116,700-square-foot storage facility at the corner of Gratiot Avenue and Utica Road. The project will attempt to preserve the church’s bell tower or otherwise build a replica. The self-storage structure will have both three-story and single-story areas. The project also calls for a 7,000-square-foot retail center or restaurant. My Space also recently opened a self-storage facility at Gratiot and Stephens Road in nearby Eastpointe. Source: Macomb Daily
U-Haul soon will have a retail and self-storage facility after buying a former Kmart store of 143,485 square feet at 1180 Walnut Bottom Road in Carlisle, PA. U-Haul Moving & Storage of Walnut Bottom Road is operating in a temporary showroom for now. There will be about 65,000 square feet of indoor self-storage fully operational by spring 2020. Source: The Times Herald
A 57,000-square-foot self-storage facility may be coming to a former Kmart parking lot at 7530 S. Anthony Blvd. in Fort Wayne, IN. There would be 371 units spread around eight new buildings, all located in the parking lot in front of an Extra Space Storage facility. The plan commission will vote on the primary development plan on Jan. 27. Its recommendation will go to the Fort Wayne City Council. Source: Greater Fort Wayne Business Weekly
[caption id="attachment_8691" align="alignnone" width="781"] This bowling alley in Allentown, PA is slated to be replaced by a self-storage development.[/caption]
The Parkway Lanes bowling alley in Allentown, PA, which opened in 1993, is going to be replaced by a self-storage facility. StorHouse at Paxton Street bought it for $1.96 million and will call the new business StorHouse Self Storage-Lehigh Street. Abe Atiyeh’s Parkway Ventures LLC was the seller. StorHouse also purchased a neighboring auto repair shop at 1449 Lehigh St. Source: The Morning Call
Staley Point Capital, based in Century City, LA, hopes to knock down a 21,000-square-foot light manufacturing complex in South Los Angeles and replace it with a 109,000-square-foot self-storage facility. Staley purchased the complex, at West 25th Street and Broadway, for $7.35 million last month. The complex is located in an Opportunity Zone. Staley is comprised of Kevin Staley and his son, Eric. Source: The Real Deal
Connolly Brothers Inc. has finished building a six-story, 130,000-square-foot self-storage facility at 1901 Revere Beach Parkway in Everett, MA for developer Jumbo Capital Management LLC. It has more than 1,200 temperature-controlled units. Connolly now has built three self-storage facilities in the Greater Boston area since 2015 and has two more in progress. Source: New England Real Estate Journal
The new Lock N Store at 614 N. Ridgeview Drive, Warrensburg, MO, held a ribbon-cutting ceremony Jan. 14 and is open for business. Source: DSJ Now
In O'Fallon, Missouri, StorCo Storage bought the O’Fallon Square Shopping Center for $4.4 million and plans to build a two-story, 100,000-square-foot indoor facility there. The company will move its headquarters to the shopping center. Source: REBusiness Online
[caption id="attachment_8692" align="alignnone" width="780"] SST IV Acquisitions LLC purchased a new storage facility at C of O in Escondido, CA.[/caption]
Stephen Grossman of Self Storage Investment Services Inc. in Laguna Beach, CA, closed a deal for San Diego I-15 Self Storage, 852 Metcalf St. in Escondido, CA. The newly developed property was sold at certificate of occupancy. The five-story building has opened, and it has 97,450 square feet and 1,160 climate-controlled units. SST IV Acquisitions LLC is the owner and will operate under the SmartStop Storage brand. . Source: Self Storage Investment Services Inc.
Barron Collier Co. and Metro Commercial Development Group broke ground on Founders Square in Naples, FL. The 55-acre mixed-use development will include a 110,000-square-foot self-storage facility, to be built by Atlanta-based Davis Group. Founders Square also will include The Pointe, which will have restaurants, and other service and retail tenants; The Haldeman, a 400-unit multifamily complex; and a 35,000-square-foot medical office building. Source: REBusiness Online
U-Haul has taken over a 9.38-acre property that includes a closed Kmart store, now called U-Haul Storage at Jolly & Cedar, at 5400 Cedar St. in Lansing, MI. It will be managed by the U-Haul facility at 56020 S. Cedar. U-Haul plans to add about 800 climate-controlled indoor self-storage units to the 119,791-square-foot building. In the ecofriendly category, it will add a bike rest area where people can use free tools and benches to work on their bikes. It also will have a U-Haul Reuse Center, where people and donate gently used household items, furniture, sporting equipment, bikes and clothing, to be shared in the community.
[caption id="attachment_8669" align="alignnone" width="780"] U-Haul announced plans to turn the former Kmart store at 5400 Cedar St. in Lansing, MI into a self-storage facility.[/caption]
Source: Yahoo! Finance
Metropolitan Capital Advisors arranged a $4 million construction loan for a self-storage facility in Mobile, AL. Anytime Storage will use the loan to build a three-story structure with 466 climate-controlled units. It will be Alabama’s first Anytime Storage site. Source: REBusiness Online
[caption id="attachment_8670" align="alignnone" width="780"] A rendering of Anytime Storage's facility underway in Mobile, AL.[/caption]
The Silverfield Group and Morales Group seek to build a three-story, 788-unit, 98,000-square-foot Extra Space Storage facility, plus a 5,000-square-foot retail building, in the Murray Hill area of Jacksonville, FL. City officials are reviewing the plans. The 1.66-acre site is at northeast Edgewood Avenue South and Plymouth Street. Edgewood Storage LLC, made up of Silverfield Development Co. and Fairfax Properties LLC, paid $1.3 million for the property Sept. 9. Construction could begin by the end of April. Source: Jacksonville Daily Record
Construction permits have been granted for a new $10 million US Storage Center at 4800 E. Valley Blvd. in El Sereno, in Los Angeles, CA. The three-floor building will have about 151,000 square feet. Source: The Eastsider
Three closed Pick ’n Save grocery buildings in Milwaukee’s western suburbs have been sold, and a Florida investor plans to convert the one in Delavan, WI, into a self-storage facility. Ted Filer, managing partner of the investment group that spent $3.73 million for the Delavan site at 207 S. Wright St., plans to repurpose the 37,800 square feet of the former grocery store as a CubeSmart facility. He also will seek other tenants for the remaining 32,700 square feet of the building. Delavan’s Plan Commission will review the proposal on Jan. 20. Source: Milwaukee Business Journal
Construction is being planned now for Venice Boulevard Self Storage, a six-story, 142,300-square-foot (net rentable 102,000), 1,172-unit climate-controlled structure at 1810 Venice Blvd. in Los Angeles, CA. The building is expected to be finished in early 2022. Stephen Grossman was the broker for Baranof Holdings of Dallas, which bought 0.82 acres for the project. Source: Self Storage Investment Services
The Boone Board of Adjustment approved a $7.5 million Save Green self-storage facility in Boone, NC. The four-story, 134,852-square-foot, 990-unit facility will go on the site of the former Modern Toyota of Boone property at East King Street and New Market Boulevard. The units will be climate-controlled. Source: WautaugaDemocrat.com
[caption id="attachment_8671" align="alignnone" width="780"] Adams Property Group has begun construction of this 97,000-square-foot facility in Winston-Salem, NC.[/caption]
Adams Property Group is building a three-story, 97,000-square-foot, climate-controlled self-storage facility at 5109 Robinhood Village in Winston-Salem, NC. It will take 10 to 12 months to finish. Fourth Elm Construction of Kernersville is the general contractor. Adams owns nine storage facilities in the Carolinas and Georgia. Source: Triad Business Journal
East Side Self Storage has opened at 500 N. River Road in West Bend, WI. Source: Washington County Insider
There’s a battle going on in the Seattle area over the fate of a proposed self-storage facility.
Urban Bainbridge (Seattle-based Urban Self Storage Inc.), which wants to build a facility on Day Road in the city of Bainbridge Island, WA, is suing the city, claiming it unlawfully approved a six-month moratorium that has stopped its development plans.
The company, which runs 51 locations in Washington state, filed the suit Dec. 16 in Kitsap County Superior Court.
In November, the city council approved, by a 5-2 vote, the moratorium for self-storage projects on the island. The item was added to the Nov. 26 agenda without any notice to the public or a public hearing (there will be a public hearing on Jan. 14), according to Urban Bainbridge.
The company said the city’s planning department sent it an email after the moratorium vote, saying the project was not vested under the previous department development regulations.
Urban Bainbridge said that was different from what city officials previously had told it.
“The city’s refusal to now accept and process further application materials from (Urban Bainbridge) on the theory that its application was incomplete and not vested was arbitrary and capricious, illegal, in excess of the city’s authority, and intended solely to prevent (Urban Bainbridge) from completing its vested application prior to the effective date of the city’s new moratorium ordinance,” the lawsuit said. Source: Bainbridge Island Review
Timothy James, former owner of the now-closed Atrium Garden Center in Kildeer, IL, seeks to open a Store More self-storage facility near Wauconda. He presented the plan during a hearing before Lake County’s Zoning Board of Appeals. James has bought a nearly 23-acre site at 25250 W. Old Rand Road, east of the Messiah Lutheran Church. He wants to build the facility on the southern portion of the site. It would include garages for personal storage plus outdoor storage areas for boats and recreational vehicles. Jones also said he wants to leave more than 60% of the site as open space. The county board next will consider the project. Source: The Daily Herald
A three-story, 102,000-square-foot self-storage facility has been proposed to replace a long-vacant professional offices building on Woodbourne Road in Middletown, PA, in Bucks County. Township supervisors will consider the project at their Jan. 21 meeting. The proposal comes from Safstor Real Estate. The units would be climate-controlled. Source: Bucks County Courier Times
[caption id="attachment_8660" align="alignnone" width="780"] A rendering of the Land O'Lakes, FL facility being developed under the Storage Authority franchise.[/caption]
Storage Authority opened phase one of a new franchise-owned self-storage facility, Storage Authority Monmouth Road in Millstone, NJ. Its total space will be 83,375 square foot. It’s the company’s fifth open facility, with the others in Connecticut, Florida, New Jersey and Texas. Also, the company is building a new facility in Land O’ Lakes, FL, that will open in summer 2020. In addition, Storage Authority Walters Road in Houston, TX and Storage Authority Mulberry, FL both opened in April. Each has rented out more than 550 units and plan to start phase two construction in the first quarter of 2020.
10X Self Storage has opened at 215 Simarano Drive in Marlborough, MA. The five-story building has 520 climate-controlled units. O’Brien Commercial Properties LLC is operating the facility. Other 10X locations are in Acton and soon to open in Worcester. Source: Boston Real Estate Times
Montgomery Self Storage finished expanding at 1418 FM 2854 in Conroe, TX. It added about 42,000 square feet of storage area, including a three-story, climate-controlled building and three non-climate-controlled buildings. The company also renovated all five original buildings. Source: Community Impact
GYS Development LLC has begun building a three-floor, 644-unit, 101,000-square-foot self-storage project at 1012 Carbon Court in Erie, CO. The first floor will have 7,000 square feet of commercial space; climate-controlled units will go on the second and third floors. Construction is expected to be finished by around November 2020.
[caption id="attachment_8628" align="alignnone" width="780"] GYS Development plans to finish building this Erie, CO self-storage facility in November 2020.[/caption]
The company, which builds self-storage facilities, also plans a project in Longmont, CO, breaking ground in June 2020. Phase one will have 41,200 square feet of self-storage units, and 30,000 square feet of boat and RV storage spaces. The second phase will add 62,000 square feet of storage space. Source: BizWest
The Blumenfeld Development Group wants to build a self-storage facility to replace a dilapidated one-story warehouse at 71 Jane St., a building that sits on contaminated property in Roslyn Heights, NY, on Long Island. Blumenfeld proposes to build a four-story, 98,000-square-foot building there. New York’s Brownfield Cleanup Program accepted the location as a brownfield site in August. The land has been vacant since 2013. Source: Newsday
In Pennsylvania, the Shaler Board of Commissioners said yes to a Compass Self-Storage development at 422 Elfinwild Road, in the former Shaler Self Storage facility. It has about 25,000 square feet of storage, with a planned expansion of 28,500 square feet in three buildings. They include one of 18,500 square feet with climate-controlled units. The other two buildings would be 5,000 square feet each. Source: Shaler Journal
A self-storage facility could replace the Kroger store on Pio Nono Avenue in Macon, GA that closed in spring 2018. The developers plan to use the existing structure and not build a new one; the space has more than 84,000 square feet. The project would include 569 climate-controlled storage units. Source: 13WMAZ
The Poway City Council on Jan. 7 will look at a proposal to build a five-story boutique hotel in the Poway Business Park in Poway, CA. The proposal also calls for a nearly 100,000-square-foot, three-story self-storage building in the business park. Source: Poway News Chieftain
Self-storage and other businesses are coming to one multi-use building at the former Palace Mall at 1801 N. Main St. in Mitchell, SD. Some of the 151,044-square-foot building’s space will be demolished and replaced with about 500 storage units. There’s also space for RVs, boats, trailers and other large vehicles. Mitchell Storage LLC, a company owned by Mark Bigelow of Idaho, plus Roman Daniels-Brown of Washington and Steve Bigelow of Texas, recently bought the building. Source: The Daily Republic
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Metro Storage LLC opened new self-storage businesses in Line Lexington, PA, and Westhampton Beach, NY.
The Line Lexington store, 4671 County Line Road, has two stories, 785 climate-controlled units and 79,383 rentable square feet.
The Westhampton Beach facility, 105 Old Riverhead Road, is three stories, and has 689 units and 77,000 rental square feet of climate-controlled space.
Metro Storage LLC has more than 140 stores in 12 states. Source: PR Newswire
U-Haul Moving & Storage at S. Campbell, at 3150 S. Campbell St. in Springfield, MO, plans to add 722 climate-controlled storage units following its purchase of a 63,512-square-foot former Porsche dealership. The existing U-Haul site will serve as regional marketing company offices, a reservations department and a warehouse of U-Box portable storage containers. The additional building will have a U-Haul retail showroom, moving supplies, truck and trailer sharing, towing equipment, professional hitch installation, propane and more. Source: PR Newswire
A 96,685-square-foot former Sears store at Manatee County’s DeSoto Square Mall is being converted into a self-storage facility in Bradenton, FL. MCG Bradenton Sears LLC, which is registered with Madison Capital Group of Charlotte, NC, wants to build a Go Store It Self Storage there. It has filed a permit with the county to allow demolition and renovation. Source: Herald Tribune
The former home of the Brunswick Zone may be divided up between a new self-storage facility, a Popeyes Louisiana Kitchen and car wash at 2075 E. Algonquin Road in Algonquin, IL. A Committee of the Whole had initial concerns about the development. Developer Steve Schwartz thus made changes to the original plans and the committee gave its approval. The Village board next will consider the proposal. Source: Northwest Herald
Self-storage may be coming to a former Sears store at 1334 E. 79th St. in Avalon Park, IL. Farpoint Development owns the site; the Sears store closed six years ago. The city approved a permit for the building’s interior. It’s not known yet if the full two-story structure will become self-storage, when it would open and who would operate it. Source: Block Club Chicago
Zion Crossroads Mini Storage has broken ground on a 7-acre site across James Madison Highway (Route 15) from the main entrance to the Walmart Distribution Center in Troy, VA. It will have 43,000 square feet of storage space and 385 units spread over five buildings, with half the space being climate-controlled. Neighborhood Self Storage is the parent company, and it has storage facilities in seven Virginia cities, including Charlottesville. CW Investments LC of Lyndhurst, VA is the majority owner. Source: The Central Virginian
Owner/developer Drury Properties Inc. is putting up an 88,000-square-foot Sixty5 Self Storage at 2107 S. Eastgate Ave. in Springfield, MO. The three-story building will have 627 climate-controlled units. Rich Kramer Construction is the general contractor. The estimated $3 million project is expected to be finished in March 2020. Source: SBJ
[caption id="attachment_8608" align="alignnone" width="780"] Strategic Development Group opened the 91,500 square foot Red Mountain Self-Storage & RV in Mesa, AZ in October.[/caption]
Strategic Development Group LLC opened Red Mountain Self-Storage & RV in Mesa, AZ, in October. Its marketing areas include the northeast Mesa area, including Las Sendas and Red Mountain Ranches. The 91,500-square-foot site was built on 4-plus acres, and includes 75,000 square feet of air-conditioned space, 16,500 square feet of drive-up space, 670 units and 85 covered RV spaces. 180 Self-Storage LLC operates the facility. Source: Strategic Development Group LLC
Boxed Up Self-Storage expanded all three of its Illinois locations (Poplar Grove, Loves Park, Rockford). The company added a total of 350 new units. Source: rrstar.com
Connolly Brothers Inc., a general contractor and construction management company, completed a 130,000-square-foot self-storage facility in Everett, MA, for Jumbo Capital Management Inc. It’s located at 1901 Revere Beach Parkway, has six stories and room for more than 1,200 temperature-controlled units. Source: Boston Real Estate Times
In Alabama, the Birmingham City Council approved a 90-day extension of an ordinance preventing new self-storage businesses from being built in the city. The council first imposed the ban on July 2, for six months. The ordinance prevents new business licenses for self-storage in areas zoned M-2 or I-2 (heavy industrial). Source: Al
If village officials approve, a new project will bring self-storage, retail space, three stories of residential units and a 4,000-square-foot building that will become a brewpub to Tarrytown, NY. The project would renovate a 20,000-square-foot warehouse across from the Metro-North station at 29 South Depot Plaza. Source: River Journal
[caption id="attachment_8590" align="alignnone" width="780"] Frontera Real Estate purchased an entitled self-storage site in Riverside, CA where it will build a 77,000-square-foot facility soon.[/caption]
Frontera Real Estate in San Diego, CA, plans to develop a 77,000-square-foot facility after buying a 3-acre development site in Riverside, CA. The sales price is unknown. Cushman & Wakefield’s Greg Wells finalized the sale. Source: Connect California
U-Haul now offers a retail and self-storage facility at 732 Old Hickory Blvd., in a former Kmart store in Jackson, TN. U-Haul Moving & Storage at Old Hickory plans to build 800 indoor climate-controlled units. The 91,772-square-foot building had been empty since 2017. Source: newKerala.com
In Minnesota, the Coon Rapids City Council repealed its moratorium on building self-storage facilities by a vote of 5-2. The moratorium had been renewed in August for another six months. It applied to new outdoor facilities. Source: ABC Newspapers
The Bainbridge Island City Council in Washington state put a six-month moratorium on storage unit facilities. It applies self-storage facilities in business/industrial and neighborhood center zoning districts. A proposed facility on Day Road thus has been delayed. Source: Kitsap Sun
Developer Robert High of Robert High Development will present his plan Dec. 5 to the Boone Board of Adjustment to build Save Green Self Storage in Boone, NC. The $7.5 million project would be a four-story, 990-unit structure with 134,852 square feet at the corner of East King Street and New Market Boulevard, at the former site of Modern Toyota.
[caption id="attachment_8577" align="alignnone" width="780"] A rendering of a proposed self-storage complex in Boone, NC.[/caption]
Source: Watauga Democrat
U-Haul is renovating a vacant manufacturing building to become U-Haul Moving & Storage of Leestown Road at 2425 Merchant St. in Lexington, KY. It’s the former home of the Delta T Corp, a maker of ceiling fans, and has been empty for five years. U-Haul plans to build hundreds of units into the 99,591-square-foot building and aims to open in spring 2020. The building is about four miles from the University of Kentucky. Source: PR Newswire
[caption id="attachment_8573" align="alignnone" width="780"] A proposed facility could soon rise in Kenosha, WI, if CIG Development gets its way.[/caption]
In Wisconsin, CIG Kenosha Self Storage, a 122,295-square-foot, climate-controlled facility, has been proposed for the one remaining lot at the Kenosha Pointe shopping center. The 5-acre parcel is at the southeast corner of 35th Street and 57th Avenue, near the intersection of Washington Road and Green Bay Road. CIG Development, owned by Nickolas Zaderej of Chicago, is seeking approval for the project. City staff rejected the project for a conditional-use permit; the city’s Plan Commission will consider it next. Source: Kenosha News
Tim Manson and Byron Smith plan to build their first XSpace self-storage facility – a four-story, 90,000-square-foot, 106-unit structure – at 4229 N FM 620 in Austin, TX. The Australian entrepreneurs plan to build customizable condominium units, with amenities such as a 3,000-square-foot owner’s lounge. The $20 million project is scheduled to break ground by year-end. Source: Inside Self-Storage
Cushman & Wakefield finished the sale of a ready-to-build self-storage facility in Riverside, CA. The 3-acre site is approved to have about 77,000 square feet, and is located on Palm Avenue. Fortera Real Estate, based in San Diego, CA, is the buyer. Greg Wells, managing director with C&W’s Self Storage Practice group, handled the deal for the seller, David Peery of Kingsfield Development in Riverside. Source: InlandEmpire.us
[caption id="attachment_8574" align="alignnone" width="780"] RJ Kelly Co, Inc plans to bring a 122,000 square foot Stor-U-Self facility to Plymouth, MA.[/caption]
R.J. Kelly Co. Inc. seeks to convert the Plymouth Sports Complex into a self-storage facility in Plymouth, MA. The complex is located near Natalie Way in an industrial area off Long Pond road near exit 5. The Planning Board voted 4-0 to approve the contract, with conditions. The plans call for 122,356 square feet of self-storage plus 5,965 square feet for offices. R.J. Kelly owns eight Stor-U-Self sites in Massachusetts, Connecticut and New Hampshire. Source: WickedPlymouth.com
Criterion Group plans a three-story, 110,000-square-foot self-storage facility for 2924 Eighth Avenue, between West 154th and 155th Streets, in New York City. Owner Shibber Kahn also owns the three parcels where the facility will be built. In addition, Criterion Group recently obtained a $28 million loan to refinance the development of a self-storage facility of nine stories at 31-08 Northern Blvd., off of Freeway 25A, Long Island City, NY. Columbia Pacific Advisors Bridge Lending provided the loan to the borrower. The project is expected to be completed by 2021. There are more than 1 million people within a five-mile radius. Sources: Commercial Property Executive | TheRealDeal
Peckville Self Storage recently opened two new buildings, which have a total of 160 storage units in the Scranton, PA area. The company started with Olyphant Self Storage in 2006. It outgrew that property, so it expanded to Peckville in 2017. Source: The Valley Advantage
Extra Space Storage was named to manage a new three-story self-storage project that Titan Properties developed on Primrose Drive in Orlando, FL. Source: Inside Self-Storage
There will be no self-storage facility allowed if/when the Rock Hill City Council and the NFL’s Carolina Panthers reach a deal to move the team headquarters to that South Carolina municipality. The original plan allows 70,000 square feet of self-storage in a vertical building. But, “There’s not going to be self-strategy on this site,” said Mark Hart, Panthers COO. Source: The Herald
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The Hampshire Cos. purchased a brownfield redevelopment of a former industrial facility at 30 Sea Cliff Ave. in Glen Cove on Long Island, NY. There, the company has started building a 108,000-square-foot, 800-unit self-storage facility. It’s on the site of a superfund site that was vacant for more than 20 years. It’s scheduled for completion in Q4 2020. Extra Space Storage will manage the facility. The Hampshire Cos. is a full-service private real estate investment firm.
My Choice Self Storage plans to add a temperature- and humidity-controlled storage building at its self-storage location at 2010 American Eagle drive in Slinger, WI. Source: Call Newspapers
U-Haul of Eastern Iowa is exploring a takeover of a vacant Sears store at the Lindale Mall in Cedar Rapids, IA. Robert Hampton, president of U-Haul of Eastern Iowa, has given a concept plan to city staff, and it calls for 140,000 square feet of storage space. The Sears store closed in summer 2018. Source: The Gazette
A new self-storage facility has been proposed for Tonawanda Street in Buffalo, NY. Jack Ruh of 31 Tonawanda St. LLC is backing the proposed facility, which would include a manager unit and two business suites for the 31 Tonawanda Street complex that’s located at the base of the Route 198 off-ramp. Source: Buffalo Rising
San Diego-based Frontera Real Estate purchased a ready to build self-storage site on booming Palm Avenue in Riverside, CA. The company plans to build a 77,000-square-foot self-storage facility on the 3-acre site. The seller, a private development firm, was represented by Greg Wells, Managing Director with Cushman & Wakefield’s Self Storage Practice Group
ValuSpace Personal Storage has opened at 1607 Route 9 in Halfmoon, in New York’s Saratoga County. Rosenblum Cos., a real estate company in Albany, is the owner. The $9 million project includes a three-story, 91,000-square-foot building with 618 temperature-controlled units plus 20,000 square feet of single-story drive-up buildings, with 114 units. Source: The Daily Gazette
In Illinois, the Medina City Council decided against allowing self-storage units to be built on land south of Highway 55 and the railroad tracks at 3672 and 3692 Pinto Drive. Woodbury REI sought to rezone lots from commercial highway to commercial general, which would allow self-storage. Source: Press & News
Public Storage plans to construct two new buildings, including a six-story self-storage facility at 880 S. Pickett St., at Burnside Place, in Alexandria, VA. Construction will begin soon; first, a demolition company must finish knocking down the former BoatUS Association building. There will be commercial tenants on the ground level. The project is near Aslin Beer Co. in the West End, west of South Van Dorn. The second building is planned for multifamily residential.
Source: Alexandria Living
Swintstorage, a self-storage developer based in Savannah, Ga., has purchased a former Toys R Us site in Mobile, AL, for $2.7 million. The company plans to renovate the building to hold climate-controlled units. Plans call for adding large roll-up doors so that moving trucks could drive in, unload and then leave. The Toys R Us store closed in 2017. Source: News 5 WKRG
In Seffner, FL, a site at US Highway 92 and Pine Street was rezoned to enable another 120 covered RV and boat spaces for a project backed by Burke Development (based in Clearwater, FL) and TDAK Development (based in Seymour, IN). The new space is in addition to the approximately 59,000-square-foot, 462-unit, climate-controlled facility that Hillsborough County approved earlier. The facility is located about 20 minutes east of downtown Tampa. Source: TDAK Development
The developers of Loan Star Self-Storage have obtained $7.5 million in financing for construction and land acquisition to build a 1,255-unit storage facility at 2500 Lone Star Drive in Dallas, TX. The developer, Austin-based Central Southwest Texas Development LLC, was represented by JLL. The project is located within a Qualified Opportunity Zone, providing government tax incentives to redevelop the area. Source: JLL.
With the widening of Highway 146 taking place, Devon Self Storage, 3018 Bayport Blvd., Seabrook, TX, is doing a remodel. The front of the business will be changed to accommodate a new right of way from construction. Source: Community Impact Newspaper
U-Haul Moving & Storage of Shawnee will have a grand opening on Saturday, Nov. 16, at 2323 N. Harrison St. in Shawnee, OK. The 88,000-square-foot building has 702 units and climate-control options. It took one year to renovate a former Kmart building on the site. Source: PR Newswire
In Wisconsin, the Menomonie City Council will hold a public hearing Nov. 18 about a proposed ordinance amendment that would change the size, location and number of units allowed at storage facilities. The city’s planning commission recommended the changes, which include allowing a maximum of 350 units in one building for those with indoor, climate-controlled capability. Another provision would max out at 200 units for outdoor storage facilities. Source: The Dunn County News
Bradfordville Self-Storage, a three-story, 75,000-square-foot, climate-controlled storage facility is coming to 5.28 acres at 3805 Bradfordville Road in Tallahassee, FL. Frontage will be on Velda Dairy. The first floor will have 4,150 square feet of retail space.
Also in Tallahassee: Uptown Self-Storage, 2781 Alexis Lane on Capital Circle NE, has begun Phase II and is adding another 19,125 square feet of self-storage space. Source: Tallahassee Democrat
The Glynn County Mainland Planning Commission may consider a rezoning request to allow a self-storage facility to replace the former Sears store in the Glynn Place Mall in New Brunswick, GA. The Jefferson Bennett Development Group hopes to build a climate-controlled building, as well as convert some of the Sears structure into commercial space. The Sears store closed in 2018. The commission also will hear a proposal for a conditional use permit for Exit 29 Self Storage, a planned 14,400-square-foot structure at 272 Southport Parkway. Source: The Brunswick News
In Corpus Christi, TX, business partners Ronald Fremin and Chris Genard, both of Louisiana, plan to renovate the former Butter Krust Bakery into a climate-controlled storage facility for both residential and commercial use. Construction began in September, and it’s expected to be completed in March 2020. The Butter Krust Bakery building was built in 1938 and has nearly 75,000 square feet. Source: Caller Times
Friendly Self-Storage opened Aug. 5 at 360 Gilder Way in Gypsum, CO. It has 590 units and 62,000 rentable square feet, plus uncovered outdoor parking, RV and boat storage, and trailer rentals, moving and packing supplies.
La Crosse Indoor Self Storage opened Oct. 16 in about one-third of the former SkipperLiner boat manufacturing building at 123 Marina Drive on French Island, WI. American Marine rents the other two-thirds of the building, which Pete Griffith owns. The facility has 303 units and 15,000 square feet. Source: La Crosse Tribune
The Coon Rapids City Council voted Oct. 15 to ban any new outdoor self-storage facilities in the city. Currently operating outdoor facilities may continue to run in the Minnesota city. Last February, the council put a moratorium in new self-storage sites, and renewed it for another six months in August. The city has seven existing and two newly opened self-storage facilities in operation. Source: ABC Newspapers
In California, the Atascadero City Council voted 3-1 not to allow the Dove Self-Storage development near Paloma Park. The city’s planning commission had approved the project, but a council member submitted a repeal of that approval. The City Council eventually agreed not to let the project go forth. Source: Colony Magazine
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Talonvest Capital Inc., based in Irvine, CA, closed two assignments for 1784 Capital Holdings. The first one, for $12.25 million, will build an 832-unit, 71,070-square-foot, climate-controlled self-storage facility in Old Town Scottsdale, AZ. The second one, a bridge loan of $10.25 million, is for a self-storage facility that opened in June in Tucson, AZ, with 799 units and 80,765 square feet.
Talonvest is a boutique real estate firm that advises self-storage and commercial real estate investors, owners and developers throughout the nation.
[caption id="attachment_8504" align="alignnone" width="780"] 1784 Holdings obtained a $12.25 million loan to build a self-storage facility at 3030 N. 73rd Street, Scottsdale, AZ[/caption]
Source: Talonvest Capital Inc.
Omaha-based McGregor Interests Inc. is working on one conversion, two expansions and a new building at sites in Nebraska and Iowa. In one expansion, it will add 35,000 square feet to Old Market Mini Storage at 501 Pacific St. in Omaha. The second expansion will add 68,000 square feet, including outdoor vehicle storage, to the former Crescent Ridge Mini Storage at 3319 Ute Ave. in Waukee, IA. The company also bought a 92,000-square-foot industrial building at 301 S. 74th St., Omaha, and plans to convert it into self-storage. Finally, the company has begun building a new facility of 85,000 square feet at 11163 S. 168th St. in Omaha. MII already operates 10 self-storage sites in Iowa and Nebraska under the LockBox Storage name. Source: Inside Self-Storage
In Bristol, TN, developer Steve Johnson of Johnson Commercial Development, unhappy that city officials wanted to study whether or not a tax increment financing incentive was needed to help him redevelop a former Kmart site, dropped those plans and instead will sell the former Kmart property to U-Haul. The sale is expected to close in early 2020. Johnson sought a $1.7 million TIF from Bristol to help finance the $9 million project that would have new retail stores. He was displeased that a study to decide if the project could be completed without a TIF took more than three months. Johnson bought the Kmart site for $2.5 million; U-Haul will use it for indoor and outdoor self-storage, as well as truck rentals. Source: Bristol Herald Courier
In Florida, U-Haul Moving & Storage of Milton, located about 20 miles northeast of Pensacola at 6050 Highway 90, plans to build about 700 self-storage units to add to its retail offerings, which include truck and trailer sharing, towing equipment, hitch sales and moving supplies. U-Haul is converting a 101,354-square-foot former Kmart building that it purchased June 4. Source: PR Newswire
Diversified Properties of Montville, NJ, has broken ground on a three-story, 98,000-square-foot self-storage facility at 352 Main Road in Montville. CubeSmart Self Storage will manage the facility, which is a joint venture with 1026 Real Estate Investors LLC of New York City. It sits on 2.5 acres. Source: Real Estate Weekly
[caption id="attachment_8506" align="alignnone" width="780"] The Hampton Cos. and Harrison Street have teamed up to build a 903-unit self-storage facility in Hillsborough, NJ.[/caption]
The Hampton Cos. and Harrison Street began construction of a new self-storage facility at 141 US 206 in Hillsborough, NJ. It is expected to be finished in February 2020 and to house 903 climate-controlled units. This joint venture plans to build self-storage sites along the Interstate 95 corridor from Florida to New England. Extra Space Storage will manage the facility, which has 120,524 square feet. Source: Real Estate Weekly
4 PAWS Development of Madeira Beach, FL, bought 4.3 acres north of Barcellona Road for $825,000 and is putting up a self-storage business. Also in the area, another self-storage business is planned at the northwest corner of Wisteria Loop and U.S. 41, but the project awaits commissioners’ decision on whether or not to change the county’s land-use plan to allow commercial development on 6.2 acres set for residential use. Source: Tampa Bay Times
Owner St. Mary Capital Partners will open a 300-unit, 38,000-square-foot self-storage facility called M100 Self Storage on Nov. 4 at 763 Highway M, Villa Ridge, in Franklin County, MO. The business also will have 75 RV parking spaces and some oversized units. Source: St. Mary Capital Partners
The planning commission in Bristol, TN, approved a special-use permit that enables U-Haul to rework a former Kmart property for indoor and outdoor self-storage, plus truck rentals. It would have 65,000 square feet and about 750 to 800 climate-controlled indoor storage units.
Steve Johnson and his company, Johnson Commercial Development, own the property. He has pursued a $1.7 million tax increment financing incentive from the city of Bristol. A study began in mid-July to decide if redevelopment of the Kmart could happen without a TIF, but it hasn’t been completed.
Source: Bristol Herald Courier
Community Self Storage expects to open at 23155 Morton Ranch Road, Katy, TX, in spring 2020. Source: Community Impact Newspaper
In Georgia, the Cumming City Council will vote at its Nov. 5 work session regarding a rezoning that would allow a mixed-use development that would include a 90,000-square-foot self-storage facility, 438 residential units, 75 single-family homes, 62 townhomes and 68,000 square feet of retail/flex. The project is called Mashburn Village, designed by Wakefield Beasley & Associates. Source: Forsyth County News
In Slinger, WI, My Choice Self Storage will add a temperature- and humidity-controlled storage building to Slinger Self-Storage, 2010 American Eagle Drive. Source: Washington County Insider
StorQuest opened two self-storage facilities in Oregon, one in Tigard (12800 SW Pacific Highway) and the other in Hillsboro (750 NE Cornelius Pass Road). Source: Connect commercial real estate
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 $2.75 million. NorthPoint Development, the parent company of Beyond Self Storage, is the developer. Construction is expected to finish in September 2020.
Source: Cincinnati Business Courier
[caption id="attachment_8452" align="alignnone" width="780"] U-Haul will soon convert the vacant Kmart in Bluefield, WV into a self-storage facility.[/caption]
In West Virginia, the Bluefield City Board approved a change in the planned unit development of a former Kmart store near the intersection of Cumberland Road and Route 460. The approval means U-Haul will be able to convert the building from a retail space into a self-storage facility with as many as 750 units, plus a U-Haul showroom. Plans call for both climate-controlled and outside units. Source: Bluefield Daily Telegraph
[caption id="attachment_8453" align="aligncenter" width="780"] A rendering of Metcalf Crossing in Overland Park, KS. The project includes a self-storage facility as one of three proposed buildings.[/caption]
In Kansas, the Overland Park City Council took actions that may result in having a new self-storage facility. The council put the Metcalf Crossing project back on track, giving developer Wes Grammar until Feb. 1, 2020 to begin construction that will include a self-storage building, car wash and office space; the self-storage facility must finish construction by December 2020. The council also approved a new financing plan for the site, and it’s contingent on the demolition of two derelict hotels, closed since 2017, at Shawnee Mission Parkway and Metcalf Avenue. Source: Shawnee Mission Post
Vineland Ventures LLC would like to add another 75,000 square feet of storage, which would replace the former ShopRite property at 215 N. Delsea Drive in Vineland, NJ. Vineland’s City Council next will consider the proposal. Source: Vineland Daily Journal
Developers seek to build a self-storage facility at 412 S. Broad St. in Mobile, AL. The project would be a three-story, 21,422-square-foot metal building and it would go up in the Oakleigh Garden Historic District. Source: al.com
In Georgia, the Braselton Planning Commission will hold a public hearing Oct. 28 to consider a proposed self-storage facility on 2.038 acres at 7352 Friendship Springs Blvd. If the project is recommended for approval, the mayor and town council would hold a public hearing on a conditional use permit. Source: AJC
A 57,000-square-foot High Country Self Storage facility is being built in upstate Lysander, NY. Construction is happening at the intersection of Route 690 and Church Road and Hencle Boulevard. The business is expected to open in spring 2020. Source: Localsyr.com
[caption id="attachment_8454" align="alignnone" width="780"] Century Storage was converted from a former grocery store space in Dade City, FL.[/caption]
Century Storage opened in Dade City, FL, as part of changes made to Morningside Plaza, which included a paint job, adding LED lights in the parking lot and installing a new pylon sign. CRF-Dade County LLC, which is part of Century Cos., developed the facility, which has 257 climate-controlled units and 34,000 square feet. It is Century Storage’s 13th such facility in Florida and was built on the former site of a Sweetbay supermarket. Source: Century Cos.
Mr. Storage has opened at 525 S. Main Ave., in an industrial park in Huxley, IA. It has 68 units and 14,400 square feet. The owners – Chris Gardner, Mark DeYoung and Grant Tjernagel - also run Mr. Storage sites in Boone, Madrid, Granger and Ames, all within one hour of Des Moines. The company’s total number of units is 597. Source: Nebraska City News-Press
A new self-storage facility of 115,000 square feet and 1,000 units, which will have 26 executive office suites, is coming to Oro Valley in the Tucson, AZ area.
The town council approved rezoning about 5.7 acres near North Oracle Road and West Calle Concordia to back this project. The new building, estimated to cost $13 million, will be adjacent to the Oro Valley Aquatic Center and James D. Kriegh Park.
CEO Hank Amos of Tucson Realty and Trust Co. is the developer.
Source: Tucson Local Media
Sam and Rachel Sack hope to build Frazer Self-Storage, a four-building, 70-unit facility along Peachtree Lane off Butler-Logan Road in Frazer, PA. A hearing to decide on the building’s fate will be held Nov. 5, with the possibility the decision would be delayed until Dec. 3. The planning commission gave tentative approval in September. Source: Valley News Dispatch
In West Virginia, the Bluefield Planning Commission approved a change in the planned unit development of a former Kmart store near the intersection of Cumberland Road and Route 460. The approval means U-Haul will be able to convert the building from a retail space into a self-storage facility with as many as 750 units, plus a U-Haul showroom. The project awaits final approval from the Bluefield City Board of Directors. Source: Bluefield Daily Telegraph
U-Haul Moving & Storage of Galesburg has come to the Sandburg Mall at 1150 W. Carl Sandburg Drive in that Illinois city. The 7.81-acre property formerly was a Kmart with 105,909 square feet. U-Haul will create hundreds of indoor climate-controlled units, with storage available in early 2020. Source: PR Newswire
[caption id="attachment_8422" align="alignnone" width="480"] Canton Storage has opened its doors in Canton, GA.[/caption]
BMS Storage 1 LLC, a real estate development company in Canton, GA, opened a new self-storage facility at 150 Reinhardt College Parkway. The business is owned and managed by Absolute Storage Management. It has 583 units and 66,608 square feet. It’s located on the cross street of Reinhardt College Parkway and Riverstone Boulevard, east of Riverstone Village. Source: Canton Storage
[caption id="attachment_8425" align="alignnone" width="780"] Lighthouse Storage in Sheperdsville, KY.[/caption]
Lighthouse Storage opened a self-storage facility at 264 Highway 44W in Shepherdsville, KY. It has 41,000 square feet and 300 units, both drive-up and climate-controlled. This is the company's third facility, with two more planned to open within one year. Source: Lighthouse Storage
U-Haul has scheduled a grand opening event on Oct. 12 for a new self-storage facility at U-Haul Moving & Storage of Decatur, IL, at 115 E. Pershing Road. It has 860 units and is part of a reworked former Kmart building of 119,862 square feet. Source: PR Newswire
Wethersfield, CT officials started a 180-day moratorium on new applications for self-storage facilities on Sept. 11. They also agreed the action could be extended for another six months. The temporary ban will enable town officials to consider what to do about self-storage projects. Source: Inside Self-Storage
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 to be completed by year-end. The Hillsborough project, with 903 climate-controlled units, is scheduled to be done by February 2020. Extra Space Storage will manage the 120,524-square-foot facility.
[caption id="attachment_8405" align="alignnone" width="730"] A rendering of the new Extra Space Storage facility being built by a joint venture between The Hampshire Companies and Harrison Street.[/caption]
A Woodland Hills, CA company plans to build a $10 million self-storage facility in downtown Tulsa on property bought from BH Media Group Inc., owner of the Tulsa World. DealPoint Merrill LLC plans to open the storage center in May 2020. The property, 2.066 acres, had been used to store newsprint in a 47,521-square-foot warehouse near First Street, between Boulder and Cheyenne Avenues. Source: Tulsa World
Golden Valley Storage will build 636 units plus 100 spaces for RV and boat storage in Lathrop, CA. It will be the first project built in the Central Lathrop area since 2005 and is expected to draw customers from Central Lathrop, River Islands and those passing by on I-5. This comes at a time when the area’s housing market has been rejuvenated. Source: Manteca/Ripon Bulletin
The city of Bradenton, FL, approved a redevelopment project along 14th Street West that would include a three-story self-storage facility as well as 200 units of affordable housing across the street. The self-storage business may have ground-floor space for a police substation. Source: Bradenton Herald
The Bourne Planning Board unanimously approved a site plan review and a special permit to allow a self-storage facility plus retail to replace the former Grand Union supermarket at 170 Clay Pond Road in Monument Beach on Cape Cod, MA. The developer, Clay Pond Acquisitions LLC, still needs to get a building permit. The Grand Union closed in November 2008. Project plans include building 105,660 square feet of interior, climate-controlled storage units plus another 35,600 square feet of exterior, non-climate-controlled units. Source: Cape Cod Times
Acton Road Storage LLC of Atlanta, GA, an affiliate of Adevco, bought the former Colonnade site for $1.42 million. Adevco plans to put up a three-story, climate-controlled self-storage facility there, next to Acton Road Self Storage in Birmingham, AL. Source: Birmingham Business Journal
Washington County developer Dittmar Realty Inc. and its affiliate, My Choice Self Storage, opened a climate-controlled self-storage facility west of Germantown in Slinger, WI on the northwest corner of Highway 60 and Hillside Road in the American Eagle Business Park. Source: Greater Milwaukee Today
East 7th St LLC is the owner of a new seven-story, 1,000-unit, 130,000-square-foot Public Storage facility, located along the I-277 beltway around Uptown Charlotte, NC. The owner is East 7th St. LLC. ODA Architects handled the design. Source: ODA Architects
[caption id="attachment_8409" align="alignnone" width="727"] A new Public Storage branded facility recently opened in Charlote, NC.[/caption]
In Florida, City of Pompano Beach commissioners on Sept. 24 placed a six-month moratorium on building self-storage developments. During the moratorium, city staffers will work on proposals to prevent clusters of self-storage in the city. Source: The Real Deal
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