Joule Capital Ventures Opens New Self-Storage Facility in Jacksonville, TX

Joule Capital Ventures (JCV) recently opened a new storage facility in Jacksonville, Texas, with an additional acquisition of a nearby building in close proximity. The main facility, Pro-Storage of Jacksonville, is a climate-controlled conversion of an existing distribution center formally owned by Stage Stores Inc. The 125,000 sq ft facility is composed of a single upstairs space encompassing 91,000 sq ft and a downstairs single tenant space of 34,000 sq ft currently occupied by longtime tenant Concentrix, Inc. JCV gutted the entire upstairs portion of the building and made major renovations to…

Popular Loan Products Available to Borrowers – The BSC Group

The BSC Group remains actively committed to offering a wide variety of loan products to our clients. Through constant communication with our network of capital sources we can pinpoint market dynamics related to structure and pricing of debt products available in the ever-changing capital markets. Below is a snapshot of popular loan products available to borrowers currently in the market. CMBS: Rate Range of 7.00%+ The CMBS market remains very liquid and provides for a relatively predictable execution for borrowers with cash flowing assets. The cornerstone attributes of CMBS are…

Facility Maintenance: The Results and Successes it Can Bring

David Alexander, Director of the Facilitate division at Janus International, really knows his stuff when it comes to facility maintenance. With over 30 years of experience, he possesses a wealth of knowledge, and he recently shared some of that expertise at an informative GASSA (Georgia Self-Storage Association) webinar highlighting the topic of “Facility Maintenance: The Results and Successes it Can Bring.” Among the topics discussed were: How to be proactive with facility maintenance What common tasks are and when to perform them When you should outsource vs. DIY How to…

Janus International Group Announces Opening of New Manufacturing Facility in Wrocław, Poland

Janus International Poland – Open For Business! Janus International Group, Inc. (“Janus” or the “Company”), a world-leading supplier of self-storage products and related access control technologies, is thrilled to announce the opening of its brand-new manufacturing facility in Wrocław, Poland. The investment into the state-of-the-art Polish plant marks a significant milestone for Janus and the self-storage industry in Europe. A New Trailblazing Manufacturing Plant The city of Wrocław was chosen as an ideal location to complement Janus’s existing production and distribution centre in County Durham, UK. Wrocław, a vibrant and…

Compass Self Storage Announces the Opening Of State-of-the-Art Storage Center in Acworth, GA

Compass Self Storage, a member of the Amsdell family of companies, proudly announces the opening of their brand new state-of-the-art, Class A self storage center located at 848 Seven Hills Connector in Acworth, Georgia. This location has over 70,000 net rentable square feet and represents the company’s 18th location in the state of Georgia. The newest Compass Self Storage location offers smart lock units on every unit. Customers can use an app on their smartphone (or a key fob) to access the smart lock on their unit, and they never…

Unlocking Alternatives Report – Investing beyond the major CRE Asset Types

Exploring Alternative Investment Opportunities In recent years, alternative sectors have grown into a significant share of Commercial Real Estate (CRE) investment, totaling $289 billion in transaction volume from 2020 to 2023—a 79% increase. During that time period, 39% of capital raised has included alternatives as target sectors. Self storage is driven by a variety of factors including migration (over short and long distances) home downsizing and crossing other life thresholds (college graduation, family formation, marriage and death). Exogenous events, such as the COVID-19 pandemic, can also spur substantial growth in the…

Sentry Self Storage Management Reports Opening of Newest Location in North Boca Raton, FL

  Sentry Self Storage has opened a new self-storage facility in North Boca Raton, offering 93,000 square feet of storage space with state-of-the-art security, climate-controlled units, and additional amenities.” Sentry Self Storage, a leading provider of self-storage solutions, today announced the grand opening of its new state-of-the-art facility in North Boca Raton. The new facility offers 93,000 square feet of rentable storage space, as well as a variety of features and amenities designed to meet the needs of both residential and commercial customers. The new Sentry Self Storage facility is…

NitNeil and Seamless Capital to Develop a Self-Storage Facility in East Austin, TX

A partnership between Atlanta-based developer NitNeil Partners and locally-based investment firm Seamless Capital will develop a 923-unit self-storage facility in East Austin. The existing structure on the 1.5-acre site at 853 Airport Blvd. will be redeveloped into a facility that spans 112,000 gross square feet and 83,000 net rentable square feet of climate-controlled space. LifeStorage will operate the property. Completion is slated for late 2024. Source

Council Approves Special Permits for Self-Storage from 1784 Holdings in Revere, MA

The City Council approved two special permit requests that had previously come before its zoning subcommittee. The council approved a request to modify an existing non-conforming five-unit apartment structure at 465 Revere Beach Boulevard to allow for 11 units with 17 parking spaces. The council also approved a special permit for a self-storage facility located at 195 American Legion Highway from Arizona-based 1784 Holdings. At Monday night’s zoning subcommittee meeting, Larry Beals of Beals Associates addressed some of the questions raised about the details of the proposed facility raised at…

SAFStor transforms Michael’s Restaurant into Self-Storage in Morrisville, PA

Michael’s Restaurant and Lounge, a staple in Falls Township for over 50 years, will be demolished to make way for a self-storage facility. During the Falls Township Board of Supervisors meeting on Monday, the board approved plans by SAFStor Old Lincoln LLC to transform the site at 935 Old Lincoln Highway into a three-story, 109,650-square-foot mini-warehouse and self-storage building. The restaurant, operational since 1968, and an adjacent residential structure will be razed for the new development, which includes 28 parking spaces. The board approved preliminary and final land development to…