SecureSpace Self Storage today announced the grand opening of a new self-storage facility, SecureSpace Kapolei, located in and serving the Honolulu suburb of Kapolei on the island of Oahu, Hawaii. The newly-built Class A facility is strategically located on Kapolei Kai Street and offers 105,050 square feet of 100% climate-controlled self-storage space with units ranging from 4’x5′ to 10’x30′. The facility sits near Interstate H 1, the busiest highway in Honolulu, within a three-mile trade area that has a rapidly growing population and a high median income of $116,399. The…
Author: Shinil Krishnan
Andover Properties Opens a New Storage King USA Facility in Palm Coast, FL
Andover Properties, a leading real estate investment firm, has announced the opening of a new Storage King USA facility in Palm Coast. The state-of-the-art facility is located at 5622 E. State Road 100. The storage facility has 564 climate-controlled units and 92 non-climate-controlled units. According to a press release, the facility has 105,330 square feet of total space, a 5,400 square-foot canopy-covered drive-thru, 564 climate-controlled units, protecting belongings from extreme conditions, 92 non-climate-controlled units and 38 outdoor parking spaces with power availability for vehicles, boats and RVs. “We are pleased…
Recent Transactions: 8.20.2024 – 8.26.2024
Property: Self-Storage Development Site Location: Boynton Beach, FL Address: 9905 Acme Dairy Road, Boynton Beach, Florida Closing Deal: $6 Million Buyer: Shadowbrook Development, LLC Brokers and Brokerage: Sean Delaney, Jeff Herrmann and Ryan Nee of Marcus & Millichap Acreage: 3.09 acres Square Feet: 130,000 NRSF: 77,475 Unit Count: 575 units plus 42 uncovered parking spaces Highlights: Has space for RV parking, and parcel and MUPD site work Nearby national retailers include Chick-fil-A, Publix, ABC Fine Wine & Spirits, Starbucks and Wawa Property: Aero Treasure Coast Storage Location: Vero…
Featured Broker: Jack Sullivan
Jack is an Investment Associate at Marcus & Millichap specializing in Self-Storage investments in the Midwest and Phoenix markets. Jack received a degree in Real Estate Finance from the University of Denver’s Franklin L. Burns School of Real Estate and Construction Management in 2021 and then spent a year in a commercial sales group at a title company before joining Marcus & Millichap in April 2023. Coming from his lifelong participation in competitive sports, both team (hockey, lacrosse) and individual (tennis, golf), Jack intuitively understands how his work ethic and…
What Makes Storage Authority Different? Top 25
Storage Authority Franchise is the only self-storage franchise in the U.S., offering unparalleled support in development, operations, and sales & marketing, ensuring your success every step of the way. With our unique Dynamic Ease Development Guidance, Operations, and Sales & Marketing Platforms, plus access to a vast network of approved vendors, we provide the tools and expertise to outperform the competition. We are the Authority in Self Storage! No one is with you every step of the way like we are for Development – Operations – Sales & Marketing. Check…
Nova Storage Announces Grand Opening of its Self-Storage Expansion in Palmdale, CA
Nova has added over 350 new drive-up, indoor, and climate-controlled storage units, comprising 30,000 rentable square feet, to its existing facility. Nova Storage Palmdale now offers 964 units and 106,855 rentable square feet. Nova Storage is excited to announce the grand opening of its newly expanded facility in Palmdale, CA. The celebration will be marked by a ribbon-cutting ceremony on Thursday, August 22nd. Nova has added over 350 new drive-up, indoor, and climate-controlled storage units, comprising 30,000 rentable square feet, to its existing facility. Nova Storage Palmdale now offers 964…
StorTropolis Self-Storage Opens a State-of-Art Facility in Olathe, KS
StorTropolis Self-Storage opened its state-of-the-art indoor, temperature-controlled self-storage facility at 601 N Millridge St. in Olathe, Kansas. The new storage facility boasts 113,010 square feet of leasable storage divided into 867 storage units. The facility’s temperature-controlled storage units are ideal for individuals who need to store antiques, appliances, and documents. Alongside indoor units with temperature control, StorTropolis Self-Storage offers convenient indoor drive-up storage units for effortless loading and unloading of larger items like furniture. The large indoor drive-up units also accommodate vehicle, boat, and RV storage. The facility offers easy…
Sunbird Storage Opens a Flagship Class A Self-Storage Facility in Greensboro, NC
Sunbird Storage continues to make a name for itself with eight facilities in various stages of development across North Carolina. The company reports that owners of the facilities, when shopping for property management companies, say they are drawn to Sunbird for its strong brand presence, exceptional facility management team, transparent pricing, best-in-class digital marketing services, and responsive customer care center. Now, Sunbird Storage has opened a flagship Class A facility on Battleground Ave. in Greensboro, NC, a premier retail area in the city’s main thoroughfare. The five story building occupies…
A Self-Storage REIT Secured $75 Million Construction Financing for Self-Storage Properties in Orlando and Tampa, FL
A self-storage real estate investment firm secured $75 million in construction financing for Florida self-storage properties. Storage Units Capital announced that it has secured a $75 million construction loan through Beal Bank and Crow Holdings for the development of Class A self-storage properties in submarkets of Orlando and Tampa. The company plans to utilize the loan proceeds to build approximately 4,000 units at five properties located in Fort Myers, Fort Pierce, Vero Beach, Sebring and Cocoa. The facilities will offer an array of modern features, including climate-controlled units, interior drive-through…
Largest Self-Storage Facility is On-Schedule to Open on October 1st in Greater Danbury, CT
The building is 4 stories and 110,000 SFG, making it the largest single-building self-storage facility in the greater Danbury area. It is strategically located at the busy intersection of Candle Lake Road, Federal Road, and Grays Bridge Road, accessed via Exit 11 on Super Route 7. This area is home to such major, national retailers such as Costco, Home Depot, Raymour Flannigan, BJ’s, and Kohl’s. It is also in the same area as Stew Leonard’s and a newly opened Big Y supermarket. There are 810 storage units, including 57 desirable…