Author: Shinil Krishnan

Self-Storage Gates – Your First Line Of Defense

Gates are among the very first things a potential customer sees upon arriving at your self-storage facility, and therefore they create a lasting impression. In addition, gates are your first line of defense against crime. Think of them as the “bouncer” for your facility. And of course, you want the biggest, baddest bouncer you can find, right? Let’s take a look at the ins and outs of gates – how they work, what options are best for you, and what to do when they need repair. What Types Of Gates…

Self-storage Facility Proposed for Cortlandt, NY

The entity 3 Locust Avenue LLC has applied to the Town of Cortlandt for approval to construct a four-story 75,000-square-foot self-storage facility on the site of the now-vacant Toddville Elementary School building and baseball field. According to attorneys David S. Steinmetz and Brian T. Sinsabaugh of the White Plains-based law firm Zarin & Steinmetz, the building recently was used as a Con Edison training facility. “The building has remained vacant for a significant period, and due in part to acts of vandalism during that time, has fallen into a state…

U-Haul Breaks Ground on 1,400-Unit Self Storage Facility in Sioux Falls, SD

U-Haul has broken ground on U-Haul Moving & Storage of Veterans Parkway, a 1,400-unit self-storage facility in Sioux Falls, South Dakota. Completion is scheduled for early 2025. The development will comprise two three-story buildings encompassing 700 units each. Plans also call for a separate warehouse including 1,250 mobile storage containers. Amenities are slated to feature climate-controlled units, around-the-clock access, as well as security. Located at 3500 Powder House Road, the project is bordered by State Route 11 to the east, while State Route 42 is some 2 miles north. Downtown…

Recent Transactions: 4.16.2024 – 4.22.2024

Property: Sheperd Storage Facility Location: Bryan, OH Seller: Charles Sheperd Broker and Brokerage: Ryan Mitchell of SVN Wilson Commercial Group Acreage: 5 acres Square Feet: 12,000 Unit Count: 98 indoor units with four outdoor parking spaces Highlights: Two-building property Room for expansion   Property: Storage Wise of Fredericksburg Location: Fredericksburg, VA Buyer: Arcland Property Company, LLC Brokers and Brokerage: Stacey Gorman, Cameron Bradford, Sam Slocum and Brian Hosey of Marcus & Millichap Acreage: 4.8 acres Square Feet: 35,050 Unit Count: 263 units Highlights: Three building facility In 2022, the property…

First of Three Recently Approved Self-Storage Sites Opens in Danbury, CT

A newly opened self-storage site on the busy west side is not only a sign of economic growth in one of the city’s leading commercial corridors, but it’s also a reaction to the shortage of space to stow belongings as more condominiums and apartments are built. The opening of Cube Smart on Mill Plain Road — the first of three recently approved self-storage facilities to come online — completes the transformation of the intersection at Aunt Hack Road that just a few years ago was home to prominent dirt lots.…

Compass Self Storage Opens State-Of-The-Art Wine Storage in Jupiter, FL

Compass Self Storage, a member of the Amsdell family of companies, proudly announces the opening of their brand new, state-of-the-art wine storage cellar, now available at their location at 50 Fredrick Small Road. Compass is also partnering with the Palm Beach North Chamber of Commerce to hold a “grand opening” ribbon-cutting event on Thursday, April 18 at 11 am. All are welcome to visit and tour the beautifully constructed wine storage area and enjoy food and drink. The high-end wine cellar was designed and built for wine enthusiasts and collectors,…

Featured Broker: Corey Rasmussen

Corey joins Storage Exchange as an experienced sales professional with a track record of success and commitment to client satisfaction. He excels in navigating complex transactions while providing strategic guidance and tailored solutions that drive value and ensure long-term success. Prior to joining Storage Exchange, Corey worked with Lyon Stahl Investment Real Estate and Convoy Capital, and has transacted on over $200 million of Commercial Real Estate assets in his career. He graduated from Southern Methodist University with a degree in Economics and Finance.   Contact: Corey Rasmussen Associate corey@storageexchange.com

National Storage Affiliates Trust Announces Promotion of Melissa Cameron to Chief Marketing Officer

National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced Melissa Cameron has been promoted to Chief Marketing Officer, from her previous role of Senior Vice President of Customer Acquisitions, effective April 1, 2024. David Cramer, President and Chief Executive Officer, commented, “We are pleased to recognize Melissa’s significant contributions to NSA by elevating her to the role of Chief Marketing Officer. Melissa has played an instrumental role in the evolution of our marketing, pricing and call center operations.” Mrs. Cameron joined NSA in November 2018 as VP…

Go Store It Self Storage Expands its Footprint in Savannah, GA

Go Store It Self Storage, a subsidiary of Madison Capital Group, has opened its latest state-of-the-art self-storage facility in Savannah, Georgia. This newly opened facility, strategically located at 1110 Fulton Road in Savannah Place, contains 801 climate-controlled units. It offers secure and convenient storage solutions to meet the needs of the fast-growing community. The Savannah location is an adaptive reuse project of a former grocery store, a testament to Go Store Its commitment to revitalizing spaces into modern, secure storage facilities. Spanning 93,677 square feet, this facility promises easy access…

Building Beyond Today: Our Quest to Sustainability

William Warren Group owns and operates StorQuest Self Storage, a thriving portfolio of modern, innovative self-storage properties across the United States. We’ve always been passionate about making the world a better place. Now, we’re thrilled to announce the recent launch of our inaugural Impact Report, which highlights our progress across Environmental, Social, and Governance (ESG) pillars and our strategies in building toward a safer, healthier, and more sustainable future. The report documents how we’re innovating in areas like carbon emissions, energy, water use, and workforce diversity. We also include new…