Airport 63 Storage Opens Self-Storage Facility With High-Tech Security in Ashland, OM

Airport 63 Storage in Ashland offers secure and convenient self-storage solutions with advanced security features, climate-controlled units, and outdoor parking spaces. Contact us now for your storage needs! With the arrival of spring, many are looking to declutter their homes and find secure storage solutions. In Ashland, a new business, Airport 63 Storage, has emerged as a beacon of hope for those in need of extra space. Located at 11550 South Hardwick Lane, this facility is not only easily accessible from the highway but also comes with the assurance of…

Developer Eyes Conversion of Former Sears at Greece Mall into Self-Storage Facility in Rochester, NY

A New Hampshire-based developer is planning to convert the former Sears store at the Mall at Greece Ridge Center into a self-storage facility. True Storage, LLC, specializes in conversion of existing big-box stores into self-storage facilities managed by third-party operators such as Cube Smart, National Storage and Store Space. The company is seeking from the town of Greece Planning Board approval to convert the 125,000 square feet of space in the former Sears store. Utility and landscaping upgrades are part of the proposal, according to town of Greece Planning Board…

SecureSpace Announces Opening of New Self-Storage Facility in San Bernardino, CA

Continuing its expansion in Southern California, SecureSpace Self Storage today announced the grand opening of a new self-storage facility, SecureSpace San Bernardino, located in and serving the city of San Bernardino, California. The newly-built Class A facility is strategically located at 1300 East Highland Ave and offers 87,365 square feet of storage, a majority being climate-controlled interior and climate-controlled drive-up units, with sizes ranging from 5’x5’ to 10’x40’. The facility sits on the heavily trafficked East Highland Avenue, near Interstate 210, making it highly accessible to the nearby densely populated…

Silver Star Properties’ Subsidiary Successfully Confirms Chapter 11 Plan as Major Step Towards Redeployment Into Self-Storage Asset Class

Silver Star Properties REIT, Inc. (“Silver Star” or the “Company”) is a self-managed real estate investment trust that is currently repositioning in an orderly manner into the self-storage asset class. Hartman SPE, LLC (the “SPE”), an indirect subsidiary, which owns legacy office, retail, and industrial properties today announced “the United States Bankruptcy Court for the District of Delaware confirmed in all respects the SPE’s Combined Disclosure Statement and Chapter 11 Plan.” Under the Chapter 11 Plan, the SPE will continue to conduct an orderly sale of its assets to pay…

JLL Capital Markets Arranges $17.5 Million Construction Financing For Self-Storage Project in Scottsdale, AZ

JLL Capital Markets arranged the construction financing for the 98,310-square-foot, to-be-built facility located at 16136 North Pima Road.” JLL Capital Markets announced today that it has arranged the $17.5 million construction financing for a to-be-built, Class A, self-storage facility located in Scottsdale, Arizona. JLL worked on behalf of the borrower, Clear Sky Capital, to secure a loan through Enterprise Bank and Trust. With an anticipated completion of Q3 of 2025, the four-story, institutional-quality facility will include 1,051 climate-controlled self-storage units and 15 luxury collector car/recreational vehicle storage spaces. It will…

Recent Transactions: 2.27.2024 – 3.04.2024

Portfolio: 2704 South Church Street and 149 Veterans Parkway Portfolio Location: Murfreesboro, TN Seller: KOSF II – Murfreesboro, LLC Buyer: 2156 Associates Brokers and Brokerage: Jake Payne, Eddie Greenhalgh, Lee Thornton and Jody Mckibben of Marcus & Millichap Square Feet: 41,344 Unit Count: 268-units (Combined)     Property: Big Blue Self Storage Location: Frankfort, NY Year Built: 2009 Buyer: Moove In Self Storage Brokers and Brokerage: Kevin Bledsoe, Matthew Junkin, and Andreas Makris of Marcus & Millichap Square Feet: 47,325 Highlights: Drive-up self-storage Interior units Outdoor parking Potential for future…

Featured Broker: Ed Nicholson

Ed Nicholson joined AAAA Self Storage in 2015 and has learned the self-storage industry from the ground up. Having excelled in several roles in the operations department of AAAA Self Storage, Mr. Nicholson has gained a practical working knowledge of the self-storage industry. In 2019 Mr. Nicholson was ready for a new challenge and joined the Business Development department at the Nicholson Companies to focus on investment sales and third-party management. With experience in every aspect of the self-storage industry, Mr. Nicholson has a unique skill set to not only…

Self-Storage Facility Coming to Southwest Cherokee, GA

A self-storage facility is coming to southwest Cherokee County. The Cherokee County Board of Commissioners unanimously voted Feb. 20 to approve a special use permit request from Robert Kriz to build a climate-controlled self-storage facility on almost four acres located just south of the Highway 92 and Wade Green Road intersection. “With the residential growth in this area, this is needed and something that will be utilized,” Commissioner Corey Ragsdale said. Commissioners also approved a request from the applicant to eliminate a deceleration lane from Wade Green Road to “eliminate…

Request for Approval of Self Storage Development Plan Granted for StorAmerica Gateway LLC in McCordsville, IN

  A development plan by StorAmerica Gateway LLC of roughly seven acres for a storage facility was presented and approved Tuesday night at the McCordsville Plan Commission meeting. Located at the southeast corner of West Broadway and CR 750N, the site is part of the already established Gateway Crossing Planned Unit Development (PUD), amended in 2021 to allow self-storage land use with office suites. Ryan Crum, assistant town manager and director of planning and building, said at the meeting that the development plan has met all the town requirements, specifically…

Hines Announces Plans for Two New Self-Storage Facilities in Dallas-Forth Worth Area, TX

Hines, the global real estate investment, development, and property manager, has unveiled plans to deliver two new Class A self-storage facilities, Custer Self-Storage in Frisco, Texas, and Jupiter Self-Storage in Garland, Texas, later this year. Both state-of-the-art, multi-level facilities will feature masonry exteriors, and climate-controlled environments, and are designed to integrate seamlessly with the neighborhoods that they will serve. The addition of these two facilities will expand Hines’ portfolio in the Dallas-Fort Worth area to a total of 16 self-storage locations. “These latest additions to our DFW self-storage portfolio are…