Self-Storage Units and Micro Appartments Development Planned in Downtown Santa Barbara, CA

Santa Barbara’s downtown is changing into a neighborhood of small apartments and micro-units, a shift that has created a sudden new need: Storage Units. The Santa Barbara Planning Commission recently approved a complex lot split, transfer of development rights and a development plan to build 760 storage units and 44 micro-units across a city block downtown. “There’s a tremendous undersupply of self-storage,” said developer Greg Reitz, principal of REthink Development. “About three times as much self-storage is needed in downtown Santa Barbara than is currently provided.” The project calls for…

Seven-Story Frontier Building Set for Major Transformation, which Includes a Self-Storage in Downtown St. Pete, FL

After sitting underutilized for years, the windowless Frontier building at 821 1st Avenue North is finally set to see new life. Plans have been filed with the City of St. Petersburg to redevelop the seven-story, 233,590-square-foot office and data center, which is partially leased by Frontier Communications. The proposed redevelopment includes 41,333 square feet of ground-floor retail space, 137,663 square feet of self-storage, and 54,594 square feet of office space. Originally constructed in 1928 by the General Telephone Company of Florida, the building was expanded in 1967 and 1970. It…

Locally-Owned Self-Storage Facility Opens in New Braunfels, TX

The self-storage facility, locally owned by Jorden Mahlar, has 573 units ranging from 5×5 to 15×60. New Braunfels Executive Storage also offers boat and RV parking, climate controlled and non-climate controlled units. New Braunfels Executive Storage, located at 4655 W. Hwy. 46, New Braunfels, opened April 28. Mahlar said they have an onsite ice machine available for public use and are planning to have food trucks on the property as well. New Braunfels Executive Storage 4655 W. Hwy. 46, New Braunfels, Texas www.newbraunfelsexecutivestorage.com Source

Go Store It Self Storage Expands Operations with New Self-Storage Facility in Longwood, FL

Go Store It Self Storage has opened an 800-unit facility at 1900 South US Highway 17-92 in Longwood, Florida, expanding its footprint in one of Central Florida’s fastest-growing markets. The property, which spans 5.03 acres and offers more than 83,000 square feet of rentable space, serves both residential and commercial customers in the Orlando–Kissimmee–Sanford area. In addition to traditional storage units, the facility offers covered parking at the rear of the property for storing boats, RVs, and vehicles — an increasingly sought-after amenity in the region. The new facility features…

MV Investment Announces Development of Premier Class A Self Storage Facility in Oxford, MS

MV Investment has closed on the development of a new climate-controlled self-storage facility in Oxford, MS with Miller Valentine Construction serving as the general contractor. Construction will begin on May 5, 2025, with an anticipated completion date in early 2026.  This three-story facility will feature 862 units designed for durability, security, and energy efficiency. The development is in the heart of Oxford, home of the University of Mississippi. Located inside a high-end retail and commercial service center, this location is conveniently situated at the intersection of two major highways with…

Self-Storage Facility Proposed for Hollister Avenue in Western Goleta, CA

Eagle-eyed residents may have noticed story poles for a new development in western Goleta during the past few weeks. The story poles outline a proposed 202,920-square-foot self-storage facility at 7780 Hollister Ave., which is currently the site of a parking lot. The site is next to Westmont of Santa Barbara, an assisted-living facility, and across the street from the Ellwood Mesa butterfly grove. Earlier this month, Goleta’s Design Review Board held a conceptual review for the project and encouraged developers to scale back the size and go for a rural…

Stor-It Self Storage Opens its Newest Location in Boise, ID

Stor-It Self Storage, the largest private storage operator in Idaho, today announced the grand opening of its recently completed first phase at their 6099 S. Federal Way Boise Facility (Yamhill Road and Federal Way). The grand opening event will take place on May 5, 2025, at 2:00 PM onsite. The impressive first phase of this Class A project was built by Forge Building Company, an Idaho Company. The facility features 240,000 square feet of drive-up storage, climate-controlled storage, indoor storage, commercial storage, commercial office suites, large angled covered parking, and…

Arcland and Self Storage Plus Expand With a New Self-Storage Facility in Huntsville, AL

Arcland Property Company is pleased to announce the upcoming opening of a new self-storage facility at 2918 Green Cove Rd. SW in Huntsville, Alabama. The newly constructed property will be managed by Self Storage Plus and marks the brand’s first entry into the Alabama market. Noah Mehrkam, CEO of both Arcland and Self Storage Plus, shared his excitement: “We’re thrilled to bring Self Storage Plus to Huntsville, a rapidly growing community with an increasing demand for high-quality storage solutions. Our team has worked hard to deliver a secure, convenient, and…

Nuveen Real Estate Announces $150 Million Allocation from CalSTRS to Invest in Self-Storage Sector in the US

Nuveen, the investment manager of TIAA and one of the largest real estate managers in the world with $141 billion in real estate assets under management, has announced the closing of a separately managed account for the California State Teachers’ Retirement System (CalSTRS) to invest in self-storage assets across the United States. This strategic collaboration includes an initial equity commitment of $150 million from CalSTRS, alongside a 10% equity commitment of $16.6 million from the TIAA General Account for a total allocation of $166.6 million. The strategy will focus on…

Plan Approved to Add Self-Storage Business, Coffee Shop and Laundromat Near Enon, OH

Clark County Commissioners approved rezoning last week to allow changes to a strip of businesses in Mad River Twp. just southwest of Enon. During a public hearing at the April 16 meeting, commissioners approved the rezoning of 1.46 acres from B-3 (general business) to B-4 (heavy business) for 6821-6847 Dayton-Springfield Road to allow a climate-controlled, indoor, self-storage facility, in addition to the existing restaurant and proposed laundromat and coffee shop. Commissioners approved the request from Josh and Maria Homes LLC by a 3-0 vote. The current space houses a restaurant…