Category: Development News

Plans to convert the former Sears store at The Mall at Greece Ridge into a self-storage center are moving forward. SGRC LLC, an affiliate of mall owner Wilmorite Management Group, LLC, completed the sale of the former Sears retail property to a series of entities connected to True Storage. Headquartered in Manchester, N.H., True Storage specializes in the conversion of former big-box stores into self-storage facilities, which are then managed by third-party operators such as Cube Smart, National Storage and Store Space. 2527, LLC; Bourne Acquisition, LLC; Greece Ridge Property,…

Region Self Storage, a locally owned complex, is pleased to announce the completion of phase one at its new 13+ acre site located at 8300 Clay Street, at the intersection of Clay Street and Route 30. Phase one features one 11,200 square foot commercial building and five self-storage buildings consisting of 132 units. The complex officially opened on May 20. The development, when completed, will have five – 11,200 square foot commercial buildings and eight self-storage buildings boasting 230+ units ranging in sizes from 10×10 to 10×30. Each commercial building…

Noble Self Storage breaks ground this week on Batavia Square on a new 130,000 square-foot two-story climate-controlled self-storage facility and a 44,729 SF high-end electric car dealership. Two years in the making, Noble Self Storage acquired the closed Sam’s Club building located at 510 N. Randall Road in Batavia in March 2024. Linda Kost represented the seller, 501 N. Randall Rd Batavia LLC Inc., and the buyer, Noble Self Storage/Bradley Financial Corp., Atlanta, GA. Linda Kost from Grid 7 Properties dba Realty Metrix Commercial was the sole broker in the…

Megacenter Miramar offers secure, climate-controlled storage and flexible leases in Miramar, Florida, suitable for sensitive items. Megacenter Miramar is establishing itself as a reliable choice for climate-controlled storage solutions in Miramar, Florida, offering units designed to protect possessions from extreme temperatures and humidity. Located in Miramar, Megacenter Miramar is a self-storage facility that caters to the storage needs of both residential and business customers in the area. Positioned near key locations like Wendy’s, Taco Bell, and KFC, the center is easily accessible to customers throughout Broward County and surrounding regions.…

NexPoint Storage V Offering Includes Two Class-A, Generation-V Storage Facilities in Baltimore MSA and Fort Myers/Cape Coral MSA NexPoint, a multibillion-dollar alternative investment firm, recently announced the launch of NexPoint Storage V DST, a Delaware Statutory Trust (“DST”) offering. The offering includes two Generation-V (“GenV”), Class-A storage facilities located in Cape Coral, Florida, and Dundalk, Maryland. Both facilities will be managed by the industry-leading team at Extra Space Storage. The properties included in the offering are situated in the Baltimore-Columbia-Towson, Maryland and Cape Coral-Fort Meyers, Florida metropolitan statistical areas (“MSAs”).…

With only member Donald Sweeney voting against it, Chimney Rock Self Storage received township zoning board approval on June 11 with a vote of 6-to-1 for a 103,887-square-foot facility on a hillside property on Route 22. Through several board meetings, the applicant downsized the proposed building from 129,897 square feet and added additional stormwater management features and extensive landscaping to the site to answer board and resident concerns. The existing former office building on the site is dilapidated, said board member Bruce Bongiorno. Board member Andrew Fresco said he would…

Megacenter Memorial expands its storage options in Houston to meet growing demand, offering flexible leases and secure, climate-controlled units. Megacenter Memorial, a provider of self-storage units in Houston, Texas, has increased its storage capacity to address the region’s rising demand for storage solutions. Located strategically near major hubs like Memorial City Mall, City Centre, and the Energy Corridor, Megacenter Memorial is well-placed to serve the storage needs of Houston’s residential and commercial clients. The facility offers a variety of storage unit sizes, from small lockers for personal items to large…

Development along Bowling Green’s bustling Lovers Lane corridor, already diverse as medical facilities, banks, restaurants, apartments and hotels have cropped up, should soon add another element: self storage. A three-acre parcel next door to J.C. Kirby & Son Funeral Home and near the Traditions residential community is expected to soon be home to a three-story, climate-controlled indoor self-storage facility along with a separate multi-tenant commercial building after action taken at the June 6 City-County Planning Commission of Warren County meeting. Developer Andy Shultz of The Koin Group LLC and property…

The newest Metro Self Storage facility opens in Eagan, Minnesota; a three-story, 100% climate-controlled facility with 686 units. Metro Storage LLC announced today the opening of a newly constructed state-of-the-art storage facility in Eagan, Minnesota, a high-end suburb of the Twin Cities. The three-story, 100% climate-controlled self-storage facility offers 686 units encompassing 80,600 rentable square feet (RSF) and features an enclosed, heated, drive-thru space designed to accommodate tenants during Minnesota’s harsh winters. The new Eagan storage facility is located at 3150 Dodd Road, a highly trafficked thoroughfare in an area…

Scheduled for a 2026 grand opening, U-Haul of Ridgefield will offer 850 indoor climate-controlled storage rooms The official “Birthplace of U-Haul” will finally be welcoming its own U-Haul store, eight decades after the Company’s first trailers were made in a milk barn on the Carty Family Ranch in Ridgefield. U-Haul will build a modern retail, moving and self-storage center, as well as a warehouse for U-Box portable storage containers, on a 5.75-acre lot at 17601 NE Union Road. The property was purchased on May 24. U-Haul Moving & Storage of…