Category: Development News

Big Cypress Capital, an SB360 Capital Partners affiliate, along with 4 Rivers Property Group and Declaration Partners (the “Partnership”), announced the formation of a joint venture to develop ground-up Class A self-storage facilities in high-growth markets throughout the Southeastern US. In announcing the joint venture, the Partnership also disclosed it completed its first land acquisition in Southwest Florida in 2Q 2023. Development on the high-traffic site located on US 41 in Sarasota will commence by early 2024 and deliver approximately 12 months later. The Partnership will engage with best-in-class third-party…

A four-story self-storage facility is proposed for Jernee Mill Road. Lot 15 Jernee Mill, LLC, of Brooklyn, New York, is seeking preliminary and final major site plan approval to construct the facility at 18 Jernee Mill Road. The 14.2-acre site is located in the Special Economic Development Zone and is undeveloped, according to public documents. The new building would have a 33,250-square-foot footprint for a total of 133,000 square feet. There are 27 parking spaces proposed. The applicant is requesting variance relief for two 100-square-foot façade signs, where the ordinance…

One Stop Self Storage is excited to announce the grand opening of its newest facility at 1750 N Lawndale Ave, Chicago. With this expansion, One Stop Self Storage aims to meet the increasing demand for storage solutions in the vibrant city of Chicago. Located in the heart of Chicago, this new facility offers a wide range of storage options to cater to the diverse needs of the local community. Whether it’s decluttering, storing belongings during a move, or finding a secure place for extra inventory or business supplies, One Stop…

My Attic Self Storage is pleased to announce the opening of its newest facility at 368 S Pond St, Toccoa, GA 30577. This expansion marks another milestone in providing reliable storage solutions to the residents and businesses of Toccoa and the surrounding areas. The newly established MyAttic Self Storage location in Toccoa offers a wide selection of storage unit sizes to accommodate various storage needs. Whether it’s for personal belongings, household items, or business inventory, the facility aims to provide convenient and accessible storage options for all customers. Located at…

Safeguard is very excited to bring our best-in-class self-storage product to the Smithtown community” “We look forward to breaking ground on this exciting new project.” – Stanley Bonilla, senior vice president of development for Safeguard Developers of a new self-storage facility in Smithtown are planning to start construction on the project this fall. Safeguard Self Storage is hoping to break ground in November for the construction of a three-story, 59,000-square-foot facility with 600 units on a 1.33-acre lot at 1036A West Jericho Turnpike. This will be the company’s first location…

Charlotte-based Proffitt Dixon Partners has completed the development of Carraway Self Storage, a 93,000-square-foot, climate-controlled self-storage facility in Chapel Hill. Located at 500 Myrica St., the property comprises small, medium and large units across four stories. Features include LED sensor lighting, an advanced security system and boat and RV storage options. JLL Charlotte’s Project and Development Services (PDS) team managed the design and construction of the project. Public Storage will operate the property on behalf of Proffitt Dixon. Source

Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Boca Raton, Florida, closed on a $12.1 million construction loan on Thursday, Aug. 31 for a self-storage facility located at 111 Centennial Blvd., Voorhees Township, New Jersey 08043. Basis Industrial acquired the land on which the storage facility will be built in fall 2022. Berkadia sourced the construction loan from WSFS Bank. In later September 2023, Basis Industrial plans to break ground on the 113,000-square-foot, state-of-the-art self-storage facility featuring climate-controlled units, advanced security systems, and…

Plans to construct two new buildings on an undeveloped gravel lot on River Street just cleared a key hurdle and 42 new units will be coming soon to the Capital City. The project unanimously was approved by the Development Review Board following a Tuesday night hearing, and will expand Barrett Enterprise’s growing collection of self-storage units, including some located on the same River Street parcel that is bisected by the Washington County Railroad. Most of the nearly 6-acre lot — just more than four acres — is north of the…