Full House Storage Opens Self-Storage Facility in Wilson, NC

Full House Storage celebrated the opening of its temperature-controlled self-storage facility in N.C. Highway 58 in Wilson this week. The facility spans 60,731 square feet of leasable storage space containing 520 storage units ranging in size from 5-by-5 feet to 10-by-40 feet. “Full House’s proximity to the area’s main highways provides convenient support for residents of Wilson and nearby communities,” a news release says. “It is close to apartment complexes like Summit Place Apartments and Thornberry Park Apartment Homes, making it an ideal storage option for locals and businesses. It…

Innovative Storage Solution, Stuf, Opens Two New Locations in New York City, NY

Stuf, a revolutionary self-storage solution that partners with property owners to transform underutilized space into storage, announced the opening of two new locations in New York City. Located at 485 Clermont Ave and 550 5th Ave in Brooklyn, the facilities will provide tech-enabled self-storage to businesses and consumers in the local neighborhood. With these two new locations, Stuf now operates nearly 30 locations across the country, five of which are in New York City. Stuf partners with commercial property owners to transform basements, garages, and other underutilized spaces in commercial…

CubeSmart State-of-the-Art Self-Storage Units Ready to Open in Aldan, PA

CubeSmart Self Storage will be holding its ribbon-cutting ceremony at 9 a.m. Friday, June 14, at its new location, 2 Springfield Road, Aldan, Pennsylvania. Mayor Michael Ceci and Aldan Borough Council representative Kate Blunt will be on hand to mark the grand opening of the state-of-the-art self-storage facility. The two-building facility sits on the site formerly occupied by Phillips Enterprise. Blue Devil Realty LLC purchased and redeveloped the property at Springfield Road and Pennsylvania Avenue. The multi-million-dollar project included an extensive environmental cleanup. CubeSmart provides management services on behalf of…

Northmarq Secures $8 Million Construction Loan for a Self-Storage Facility in Buford, GA

Northmarq’s Newport Beach Debt + Equity team of Managing Director David Blum and Investment Analyst Alvin Cao has arranged $8 million in construction financing for Lanier Islands Storage Caves, a proposed self-storage facility with industrial condominium storage units. Located at 6034 Lanier Islands Parkway in Buford, GA., the property is situated on a 7.67-acre site and will feature boat and RV storage less than a mile from Lake Lanier. Northmarq arranged financing on behalf of the borrower, Storage Caves-Lake Lanier Buford, through a correspondent relationship with a local regional bank.…

Bakke Development, in a Joint Venture with BCDC, has Broken Ground on a Self-Storage Facility in San Antonio, TX

The 751-unit self-storage property is scheduled for delivery in 2025. Bakke Development, in a joint venture with BCDC, has broken ground on a 111,909-square-foot self-storage facility in San Antonio, Texas. The development marks the partnership’s seventh project. The team behind the project includes Alamo Architects Inc. and Independent Contractors Inc. Security State Bank has provided the construction financing. The development is scheduled for delivery in the second quarter of 2025. Upon completion, the three-story building will feature 86,475 rentable square feet and will include 751 climate-controlled units. The facility is…

Developer Pitching Self-Storage Facility in Barrington, IL

A developer intends to buy a 4.81-acre property on Barrington’s southeast side to construct a self-storage facility on the site, village officials said. Nelson Development’s plan calls for a two-story enclosed and climate-controlled building at 1191-1197 S. Northwest Highway, sometimes referred as the Arndtsen property. The proposal calls for all loading and unloading to take place inside the building. The village board’s committee of the whole recently saw a conceptual rendering of the proposed facility. However, Jennifer Tennant, assistant director of development services, said the village has not yet received…

JLL Capital Markets Arranges Financing for Dallas-Area Self-Storage Facility

Anna Self Storage is an 840-unit property located in Anna, Texas We’re always looking to bolster our portfolio with strategically-located assets in our backyard. We remain especially bullish on the long-term prospects for the DFW metroplex. The Anna acquisition adds to our existing portfolio in the area, and further represents the opportunity to own the premier storage facility along the I-75 corridor.” – Jonathan Vollinger, Director of Acquisitions at HPI JLL Capital Markets announced today that it has arranged financing for Anna Self Storage, an 840-unit self-storage facility in Anna,…

Storagely Partners with Calcumate to End Unit Size Errors and Confusion for Self Storage Customers

Storagely becomes the first to integrate Calcumate as a standard feature Storagely has become the first company in the world to choose to integrate Calcumate, the world’s leading 3D storage calculator (size guide), directly into its technology as a standard feature. From today, all customers on Storagely’s Professional and Enterprise packages will have access to Calcumate as a standard inclusion. Not only will Calcumate be included as standard, but it will be integrated deeply within the Storagely booking flow. The Calcumate functionality will be rolled out progressively to Storagely’s existing…

Recent Transactions: 6.04.2024 – 6.10.2024

Property: Self Storage Facility Location: West Gardiner, ME Address: 17 Town House Road, West Gardiner, ME Closing Deal: $2.134 million Year Completed: April 2023 Buyer: 17 Town House Road, LLC Seller: West Gardiner Self Storage, LLC Brokers and Brokerage: Brandon Mitchell of Malone Commercial Brokers (MCB) represented the seller and Jordan Stolt of Summit Real Estate represented the buyer Acreage: 7.5 ± acres Square Feet: 26,000   Property: Anna Self Storage Location: Anna, TX Year completed: 2023 Buyer: HPI Real Estate Finance: Casey Wenzel, John Bauman and Luke Rogers of…

Featured Broker: Jamaal Brown

Jamaal Brown has been an active member of his real community for 16 years now and is excited to have turned that community focus toward real estate. With a passion for service in the San Bernardino and surrounding areas, Jamaal is ready to help with your home-buying and selling needs. As a well-rounded agent, Jamaal has also entered the commercial real estate market and is utilizing his marketing background to help give investors the leading edge in the current marketplace. As a proud member of the Calvary Realty family, Jamaal…