Author: Shinil Krishnan

Storage Facility Proposed for Former Lockley Plant Building in Grove St. New Castle, PA

A four-story self-storage facility is being proposed at the location of the former Lockley Manufacturing building in New Castle. The New Castle planning commission heard a presentation Wednesday for the proposed 119,050-square-foot facility to be located at 306-310 Grove St. It is proposed that the current building, owned by Asset Realty & Construction Group, would be torn down for the new facility, which would include interior loading, surface parking, new driveways and associated site improvements. The planning commission voted 3-1 to recommend city council approve a conditional use request for…

Storage Containers Planned for Overgrown Land in Dysart

Plans to site ten self-storage containers on overgrown land in Dysart have been given the go-ahead by Fife Council. The change of use request for the yard at 87-89 Normand Road came from AGM Storage, based in the town’s Valley View. It sought approval from the local authority to site 10 self-storage containers, and put up fencing. A supporting statement said the owner’s family, David Pearson Plant Hire, has had the yard since 1940 and it has been used commercially since then for storing building materials, siting up to 30…

Recent Transactions: 8.01.2023 – 8.07.2023

Property: TEPCO Storage Location: New Braunfels, TX Brokers and Brokerage: Jon Danklefs and Sean M. Delaney of Marcus & Millichap Acreage: 1.43 acres Unit Count: 45   Property: Kansas Self Storage Development Site (for a new ground up 4-story class A self-storage facility) Location: Princeton, NJ Buyer: Blue Sky Princeton, LLC Seller: Downtown Equities II, LC Developer: Uplift Development Broker and Brokerage: Larry Goldman of Argus Square Feet: 98,000 Vehicles Per Day: 12,000     Property: Access Mini Storage Location: Zeeland, MI Broker and Brokerage: Sean Delaney of Marcus & Millichap…

Featured Broker: Jamey Cox

Jamey has been active in the commercial construction, real estate brokerage and development business since early 2000. All of these were based in the Charlotte, NC region with projects along the east coast. Project types have included office buildings, industrial and flex space, and mixed-use developments. Jamey shifted to commercial real estate in 2011. He worked with clients throughout the region. His work included site selection and land use evaluation. In addition to land sales, Jamey worked on assignments that included industrial and office leasing and multifamily sales. Jamey joined…

Franchising in Self-Storage: A Promising Business Model

Storage Authority Franchising is about owning your own home-town self-storage business and having the professional systems and knowledge to assist and guide you. We like to say You are in business for yourself but not by yourself.” Franchising offers a compelling opportunity for aspiring self-storage entrepreneurs. By combining a franchisor’s expertise with a business owner’s drive, it fosters a mutually beneficial relationship based on talent and dedication. The franchisee retains full ownership while operating under a licensing agreement, enjoying the benefits of being in business for themselves but not by…

The Quick Guide for Developing Class-A Self-Storage Facilities

Developing self-storage comes with a long list of to-dos, obstacles, and of course, rewards. With its lucrative potential, more owners seem to be entering the market each year. If this venture is your first step in the self-storage industry, you likely have a lot of questions on where to get started. BETCO’s team of experts has put together an eBook to help you navigate self-storage development. This eBook discloses valuable steps and considerations for developing self-storage, like how to get started with the planning process. Planning for self-storage has many…

Janus International Names New Vice Presidents for Inside Sales, Self-Storage Sales, and Commercial Sales

Dianne Hammond Named Vice President of Inside Sales, Roc Hughes Named Vice President of Self-Storage Sales, and Dennis Owens Named Vice President of Commercial Sales” Janus International Group, Inc (NYSE: JBI) (“Janus”), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced the promotion of Dianne Hammond to the position of Vice President of Inside Sales, Roc Hughes to the position of Vice President of Self-Storage Sales, and Dennis Owens to the position of Vice President of…

Safeguard Self Storage Expands Presence in Tampa MSA with Newly Opened Location

Safeguard Self Storage, a leading provider of secure and convenient self-storage solutions, is thrilled to announce the grand opening of its latest facility in the Tampa Metropolitan Statistical Area (MSA). Located at 9101 County Line Road in Spring Hill, FL, this expansion represents Safeguard’s commitment to meeting the growing demand for high-quality storage options in the region. The new facility boasts an impressive 62,000 gross square feet (GSF) of space, designed to cater to the diverse storage needs of both residential and commercial customers. Featuring state-of-the-art security measures and a…

A Striking Self Storage Facility is in the Works for Westchester

Spanning approximately 50,000 square feet, the forthcoming building will feature three above-grade levels, three below-grade levels, and parking for 17 vehicles” Morphosis, the prominent Culver City-based architecture firm founded by Thom Mayne, the 2005 Pritzker Prize winner, is widely recognized for its remarkable contributions to local architecture. With a portfolio encompassing iconic landmarks like the Caltrans District 7 headquarters in Downtown Los Angeles, the West Coast campus of Emerson College in Hollywood, and the new Orange County Museum of Art, the firm’s innovative designs have left a lasting impression on…

Vacant Babies R Us Building in Colorado Springs Getting a Makeover — and a New User

The Babies R Us building, which has two interior levels, will grow to 67,000 square feet with 655 storage units of various sizes in a climate-controlled space. Another 175 exterior storage units with 20,000 square feet will be available on the additional 1.5 acres that Inland purchased.” – Keith Lampi, president and CEO of Inland Private Capital Corp Two years after a shuttered Toys R Us store in Colorado Springs was remodeled into a self-storage facility, a nearby vacant Babies R Us is getting a similar makeover. An investment arm…