Author: Shinil Krishnan

  SecureSpace today announced the opening of a newly built SecureSpace Self Storage facility located at 1014 Chesley Ave, serving the city of Richmond in the San Francisco Bay Area. Strategically located north of downtown between both Interstate 80 and the Richmond Parkway, SecureSpace Richmond is a newly built class A facility that offers 120,079 square feet of 100% climate-controlled self-storage space with drive-up and interior units ranging from 5’x5’ to 10’x40’, along with 280 RV parking spaces. The site is surrounded by dense residential neighborhoods to the North, West,…

Inland Private Capital Corporation and Devon Self Storage Holdings recently celebrated the completion of an 807-unit self-storage property located in Warren, Michigan. The newly converted 87,000-square-foot facility previously functioned as a 94,000-square-foot vacant manufacturing center. Nearly 75 percent of the units provide climate-controlled conditions, with an interior drive-through lane and management office. The remaining land and parking area outside the facility will be converted to exterior non-climate controlled space expected to open in 2023. This marks the eighth self-storage development completed on behalf of IPC at a location only 13…

Two new CubeSmart locations are now located in two previously shuttered Flint-area businesses. CubeSmart, a Pennsylvania-based self-storage company focused on the ownership, operation, acquisition, and development of self-storage facilities, opened last month on Flint’s east side at the old Target store at 3701 Lapeer Road. The Target store has been closed since 2016. Another CubeSmart location is set to open on Thursday, Nov. 2 in Burton, located at 1145 N. Belsay Road. The building is 106,000 square feet of space previously filled by Kmart and is currently shared with Dollar…

Arizona Self Storage, a four-story, 875-unit facility, has opened at the southwest corner of Loop 101 and Olive Avenue in Peoria. The Mangat Group and Aberdeen Management & Development announced today the opening of Arizona Self Storage in Peoria. The four-story, 875-unit facility is located on the southwest corner of Loop 101 and Olive Avenue. This is Arizona Self Storage’s ninth property in the state and third in the West Valley. Tony Mangat, founder of The Mangat Group, is the landowner and part owner of the new facility, making this…

A 900-square-foot office building was already in the works, so the 2,100-square-foot laundromat was added next to the office at the storage location.” The entrepreneurial spirit has always tugged at his sleeve. And after working for others since the age of 18, Scott Matheny felt the pull do bigger and better things. So, in 2008, he opened his first self-storage facility on 16th Avenue in Laurel, a business that he sold in 2022. Now Matheny is excited to bring his experience and energy to his new home town of Ellisville,…

Basis Industrial, a real estate owner and operator based in Boca Raton, Florida, has officially opened a new construction self-storage facility in Plymouth, Massachusetts. The 111,000-square-foot, three-story facility features 806 climate-controlled units, advanced security systems, and other amenities. Basis Industrial acquired the land for the facility in November 2021 and completed the project in about 16 months. The facility will be managed by a third-party operator, Public Storage. Basis Industrial currently has 15 storage projects at various stages of completion across the United States. Source

U-Haul is planning to develop a 134,000-square-foot self-storage, truck rental and retail facility in west Phoenix. Phoenix-based U-Haul Holding Co. (NYSE: UHAL) is planning to build a large self-storage facility with truck and trailer rentals and a store as part of its expansion efforts. The project will be developed across 10 acres at the northwest corner of Lower Buckeye Road and 59th Avenue, just east of the Loop 202 in west Phoenix, an area that has seen substantial housing growth in recent years. The U-Haul Moving and Storage Store facility…