Day: December 11, 2023

U-Haul will open a six-building, 168,400-square-foot self-storage facility on an eight-acre site in Princeton, located northeast of Dallas. The facility will comprise a four-story, 130,000-square-foot storage building, a 30,000-square-foot warehouse and 8,400 square feet of single-story, drive-up storage buildings. Dallas-based MYCON General Contractors will lead construction of the project, which is now underway and slated for a June 2024 completion. Source

VanWest Partners (VanWest), a Denver-based commercial real estate investment firm specializing in self-storage, recently broke ground on a self-storage development project at 2425 S. Colorado Boulevard in Denver, Colorado. When construction is completed, the project will be operated by the firm’s wholly-owned self-storage management company, ClearHome Self Storage. ClearHome Self Storage – Colorado Blvd. will be a 5-story building consisting of over 93,000 square feet of Class A, climate-controlled self-storage units. The location sits in a primary retail and commercial corridor, with more than 4,300 planned or under-construction multi-family units…

Developed by Madison Capital Group, the 1,000-unit self-storage facility is on track for completion next fall.” Go Store It, an affiliate and storage provider of Madison Capital Group, has broken ground on a Class A, 109,000-square-foot storage facility in Nashville, TN. The development will mark Go Store It’s ninth property in the state and within its portfolio when completed. The team includes general contractor BenCo Construction and architect Smith Gee Studio, with the project set for delivery next fall. At full build-out, the Go Store It property will encompass more…

Make Space Storage is thrilled to announce the successful acquisition of a new storage facility in Fernie, British Columbia. The strategic expansion into Fernie aligns with Make Space Storage’s commitment to providing convenient and secure storage solutions to communities across Canada. The acquisition, finalized on December 7, 2023, enhances Make Space Storage’s presence and offerings in the province of British Columbia. Nestled against the backdrop of the breathtaking Rocky Mountains, the Fernie facility boasts an expansive 20,000 square feet of rental space, comprising over 180 self-storage units. Surrounded by the…

Developers typically pitch mixed-use developments as compounds with residential, office and retail elements, Trojan Storage, headquartered in Redondo Beach, has proposed a self-storage compound with nine apartments. The self-storage company filed an application Dec. 1 with Los Angeles City Planning Department to build 227,000-square feet of self-storage with a separate residential component at 7528 North Bellaire Avenue in North Hollywood. The mixed-use residential and storage compound would cover about 4 acres of vacant land around North Bellaire Avenue and Saticoy Street. The storage segment of the proposed compound would comprise…

A Florida developer won the Mount Laurel Planning Board’s approval on Tuesday night for a three-story, 151,008-square-foot self-storage facility on two mostly wooded lots at Route 38 and Union Mill Road. Storage of Mt. Laurel LLC of Boca Raton, Florida received preliminary and final major site plan approval for the 3.88-acre site, which is next door to an existing self-storage operation run by U-Haul Moving & Storage. Board members were unanimous, voting 7-0 in favor of the application. The facility will have a total of 1,083 individual units, ranging in…

Joule Capital Ventures (JCV) recently opened a new storage facility in Jacksonville, Texas, with an additional acquisition of a nearby building in close proximity. The main facility, Pro-Storage of Jacksonville, is a climate-controlled conversion of an existing distribution center formally owned by Stage Stores Inc. The 125,000 sq ft facility is composed of a single upstairs space encompassing 91,000 sq ft and a downstairs single tenant space of 34,000 sq ft currently occupied by longtime tenant Concentrix, Inc. JCV gutted the entire upstairs portion of the building and made major renovations to…