Apple Self Storage, one of Canada’s top self-storage operators, is thrilled to announce our newest storage facility opening in Goderich, Ontario. This expansion marks a significant milestone for Apple Self Storage as it continues to provide innovative storage solutions to meet the growing needs of small-town communities like Goderich and surrounding areas. Situated on the eastern shore of Lake Huron, Goderich offers the perfect getaway for tourists and adult living. Apple Self Storage’s new location in the cottage country of Huron County adds storage solutions for seasonal items and downsizing…
Day: February 12, 2024
Complete Storage Unveils State-of-the-Art Indoor Temperature Controlled Self-Storage Facility in Salem, IL
Complete Storage proudly announces the grand opening of its newest state-of-the-art indoor temperature-controlled self-storage facility located at 905 East Main Street, Salem, IL. This latest addition to the Complete Storage network exemplifies the company’s unwavering commitment to providing unparalleled storage solutions that prioritize security, convenience, and customer satisfaction. As the demand for premium self-storage facilities continues to soar, Complete Storage reaffirms its position as the industry leader by introducing this cutting-edge location, designed to meet the evolving needs of customers in Salem and beyond. The new facility boasts a myriad…
Bakke Development and BCDC’s Joint Venture to Build New Self Storage Facility in McAllen, TX
In the sun-drenched city of McAllen, Texas, a new landmark is taking shape. Bakke Development Corp. and Batson-Cook Development Co. (BCDC) have embarked on their fourth joint venture, breaking ground on an 85,825-square-foot self storage facility. This project, nestled on South McColl Road, spans nearly two acres and promises to serve the South McAllen-Pharr submarket with 762 climate-controlled units. The partnership between Bakke Development and BCDC has been a fruitful one, with this new project marking their fourth collaboration in the self storage sector. Their most recent endeavor, an 802-unit…
U-Haul Expanding its Self Storage Footprint in Texas and Arizona
U-Haul is expanding its self-storage footprint with the development of two new facilities in Texas and Arizona. The company has acquired the construction sites for the projects, which are set for completion in 2026. Plans for the Ingram Park facility in San Antonio include a three-story building that will offer 750 climate-controlled units, ranging between 25 and 300 square feet. The project marks U-Haul’s 16th property in San Antonio. The facility will take shape on 11 acres at 7616 N.W. Loop 410, 13 miles from downtown San Antonio. As of…
Go Store It Opened A Self Storage Facility in Jacksonville, FL
Go Store It, an affiliate of Madison Capital Group, has opened a 120,033-square-foot self storage facility in Jacksonville, Fla. The project was subject to an $8.5 million construction loan in 2022, provided by Susser Bank, with a maturity date set for 2027. The newly built facility is a three-story building that offers 775 climate-controlled units, ranging between 25 and 350 square feet. The property features drive-under loading for covered loading and drive-up units on the first floor. Amenities include 24-hour video surveillance, electronic building access, security fencing and lighting, moving…
SLI Capital and Madison Capital Announce Deal to Purchase Controlling Interest in Green Space Self-Storage Company
SLI Capital CEO Bryan Kane and Madison Capital CEO Ryan Hanks announced today that their firms have purchased a controlling interest in Green Space, a self-storage company with an innovative proprietary concept that constructs self-storage facilities out of stacked shipping containers. Green Space is a real estate development and construction company providing cost-reducing self-storage solutions with an emphasis on environmental conservation. Founded in 2015, Green Space holds US and European patents for its groundbreaking technology used to build multi-story, self-storage facilities out of shipping containers. The company’s designs result in…
Expansion Plans Approved for A Self Storage Facility in Toms River, NJ
A self-storage facility near the eastern end of Route 37 in Toms River has received approval to expand. The township’s planning board approved a plan by Extra Space Storage, Inc. to expand their facility at 3200 Route 37 West, located just east of the turn-off onto Fischer Boulevard. The approval, memorialized late last month, permits the Extra Space to construct a new, three-story mini warehouse self-storage building of 39,050 square feet to be used in conjunction with the existing Extra Space Storage warehouse operation on the property, along with associated…
Recent Transactions: 2.06.2024 – 2.12.2024
Property: Liberty Bend Self Storage Location: Liberty, MO Seller: Russell Family Real Estate, LLC Broker and Brokerage: Larry Goldman, CCIM of Argus (broker affiliate representing Kansas, Missouri, Arkansas and Southern Illinois) Square Feet: 60,050 Unit Count: 482 units Economic Occupancy: 70% CAP Rate: 6% Property: Stor-Mor Self Storage Location: Rosemead, CA Broker and Brokerage: Dean Keller of Bancap Self Storage Group Square Feet: 44,500 Unit Count: 660 indoor storage units and 85 outdoor vehicle storage spaces Physical Occupancy: 95% Property: Empire Self Storage Location: Traverse City, MI…