Diamond Point Development, LLC Announces the Ground-Breaking of a New, State-of-the-Art Self-Storage Facility in Carmel, NY

Diamond Point Development, LLC (DPD) has announced that on September 30, 2024, they will break ground on a new, state-of-the-art 105,405 square foot multi-story, secure, climate-controlled self-storage facility at 106 U.S. 6, in Mahopac, New York (the hamlet Mahopac is a part of the Town of Carmel). The expected opening date is in the 4th quarter of 2025. For information, visit DiamondPointDevelopment.com. “This site was the former home of Mahopac Farms, a beloved institution in the Carmel community that once supported a playhouse, a museum and a petting zoo,” explains…

San Antonio RV and Boat Storage Expands Services with U-Haul Trailer Rentals in San Antonio, TX

San Antonio RV and Boat Storage is excited to announce the newest addition to its comprehensive range of services: U-Haul trailer rentals. This expansion offers customers greater convenience and flexibility, whether they’re moving, towing, or transporting vehicles, with access to U-Haul’s trusted and versatile fleet. Located between Potranco Road and Culebra Road, San Antonio RV and Boat Storage continues to provide premier storage solutions, including RV storage, boat storage, and self-storage units. Known for its secure and spacious facility, the company has become a top choice for residents of Alamo…

Investment Firm North Palisade Partners LLC Plans to Spend $400 Million on Self-Storage Properties in Los Angeles (CA), D.C. and Seattle (WA)

Downtown-based industrial development and investment firm North Palisade Partners LLC has expanded its self-storage platform with plans to spend $400 million of capital on self-storage properties over the next 36 months. The company will start by acquiring existing facilities and later doing ground-up developments. It is targeting assets in undersupplied areas with dense populations such as Los Angeles, D.C. and Seattle. Previously, North Palisade only owned two self-storage properties – one 109,000-square-foot building featuring 1,530 units and one 215,000-square-foot building featuring 3,010 units – both in Huntington Park. The company’s…

10 Federal Raises $25 Million in First Closing for Opportunistic Offering in Dripping Springs, TX and Charlotte, NC

10 Federal, a leading innovator in the self-storage industry, is proud to announce key milestones that highlight the company’s continued growth and leadership in the sector. In the first closing of its Opportunistic Offering, 10 Federal raised $25 million in equity, equity commitments, and mezz equity during the third quarter of 2024. The funding was led by Essentia Capital Partners, an investment advisory firm serving HNWIs and RIAs. This offering focuses on ground-up development deals, primarily targeting multi-story, Class-A properties. The funds from this first closing will be allocated to…

New self-storage facility coming to Fischer Road in Sharpsburg, GA

A new self-storage facility is on its way to Fischer Road. The development will be next to the Costco at the Fischer Road and Highway 34 intersection. According to the development plans, the storage facility will be three stories tall and will have approximately 800 units. The building will be 98,700 square feet, with 32,900 square feet on each floor. Cathy Wickey, Coweta County’s communications manager, said a height variance was granted to the development by the Board of Commissioners. The county’s ordinances allow a maximum of 34 feet and…

Hernandez Development Opens New Self-Storage in Carol Stream, IL

Hernandez Development has unveiled a new Class A self-storage facility in Carol Stream, Illinois. The development is set on a 2.71-acre site along North Avenue, bringing much-needed climate-controlled storage solutions to the area. The new facility will feature a modern three-story building along with an additional one-story structure, offering a combined 72,860 net rentable square feet. Designed to meet the diverse storage needs of the community, the facility will house 638 climate-controlled and non-climate-controlled storage units, including 50 premium drive-up units, providing easy access and optimal protection for stored items.…

LaTerra Development Retains its Site to Build First in Area Self Storage Facility in Irving, TX

H-E-B, the highly sought-after Texas grocer, is building a supermarket in the popular Las Colinas area of Irving on a site at Interstate 635 and Olympus Boulevard purchased from LaTerra Development, a leading real estate investment and development company. LaTerra will build 161,000 square feet of self-storage adjacent to the H-E-B store on seven acres that it retains of the 19.5-acre property, a long-shuttered Fry’s Electronics site. LaTerra plans to repurpose the former Fry’s Store into a 161,250-square-foot Self Storage facility with construction slated to begin later this year. The…

BestBox Storage Opens Second Self-Storage Facility in New Caney, TX

BestBox Storage has opened another location in New Caney, Texas – according to an official email from a company spokesperson. The company opened another New Caney location at 26210 FM 1485 in December and a Porter location at 22041 FM 1314 in mid-January. According to the email, the business offers self-storage options for rent that are guarded with security features such as: 24/7 video surveillance Coded gate entry Lock checks Protection plans A fourth Lake Houston-area BestBox Storage location is slated to open soon at 12910 Garrett Road, Houston. Opened…

North Palisade Partners Expands and Plans Adding $400M-Plus of Assets to its Overall Self Storage Portfolio

North Palisade Partners, a development and investment firm focused on industrial, self-storage and industrial outdoor storage, has expanded its self-storage platform, hiring industry veteran Steve Cobbs to lead self-storage for the firm. With nearly 30 years of commercial real estate experience, Cobbs was named managing director of North Palisade Self Storage. Before joining North Palisade, Cobbs most recently served as a director at Invesco Real Estate where he was the self-storage sector lead. Cobbs will hold responsibility for self-storage asset acquisitions, overseeing the deal sourcing, due diligence and transaction executions.…

U-Haul Plans to Build a State-Of-The-Art Self-Storage Facility in Grand Chute, WI

U-Haul® has purchased a 7.78-acre lot off West Neubert Road with plans to build a state-of-the-art retail, moving and self-storage center to better meet the needs of Grand Chute residents. The property was acquired on Aug. 22. Plans call for U-Haul Moving & Storage at Northland Ave. to be completed by summer 2026. The primary three-story facility will house more than 1,000 climate-controlled self-storage units with high-tech security features at affordable price points; a sprawling retail showroom with boxes, moving supplies, towing accessories, bike racks and more; a bay to…