Terrydale Capital Sources $3,695,000 Refinance for a Self-Storage Development in Kings Mountain, NC

Terrydale Capital, a trusted name in the real estate financing industry, is pleased to announce that Cody Baker, Vice President of Self-Storage, has arranged a loan of $3,695,000 for the refinance of a self-storage development project in Kings Mountain, North Carolina. The buyer has requested to remain anonymous. Through one of Terrydale Capital’s correspondent banking relationships, Baker was able to secure a 13% interest rate, full term interest only for 2 years. Terrydale Capital is dedicated to providing personalized financial solutions that meet the unique needs of their clients. With…

SecureSpace Announces Opening of New Self-Storage Facility in Los Angeles, CA

SecureSpace Self Storage today announced the grand opening of a new self-storage facility, SecureSpace Santa Fe Springs, located in and serving the city of Santa Fe Springs, CA. The newly-built Class A facility is strategically located at 11212 Norwalk Boulevard and offers 96,471 square feet of 100% climate-controlled self-storage space, with units ranging from 5’x5′ to 20’x25′. The facility sits on the heavily trafficked Norwalk Boulevard, where 24,000 vehicles pass by daily. The dense residential area is undersupplied, and the two closest alternative facilities do not offer climate-controlled units. SecureSpace…

The Lock Up Self Storage to Open a Self-Storage Facility in Babcock Ranch, FL

We are really excited to be breaking ground on another state-of-the-art, fully climate-controlled storage facility in SW Florida. As the first solar-powered town in America, Babcock Ranch was a chance for us to showcase our green credentials and create a sustainable facility that meets the growing demands of consumers, while still providing the exceptional self-storage solutions that we have become synonymous with.” – Andrea Carnes, The Lock Up Self Storage The Lock Up Self Storage, is excited to announce the planned ground-breaking for a new, state-of-the-art self-storage facility in Babcock…

Storage King USA Completes 232-Unit Self-Storage Expansion Project in Argyle, TX

Storage King USA, the self-storage arm of New York City-based investment firm Andover Properties, has completed a 232-unit expansion of its facility in Argyle, located in Denton County. The project added 38,500 net rentable square feet of climate-controlled and non-climate-controlled space, as well as 5,750 square feet of flex space. The facility, which also offers enclosed and covered storage options for boats and RVs, now totals 865 units. Source

Coro Realty Advisors Adds Self-Storage Developments to Portfolio in Atlanta, GA

Our strategic expansion in the self-storage sector reflects Coro’s commitment to identifying and capitalizing on unique opportunities in the real estate market. These developments align with our vision of maintaining a diversified portfolio while delivering quality assets to our investors and communities.” – Robert Fransen, President and Managing Partner of Coro Realty Advisors The four properties are located in Columbus, Flowery Branch, Woodstock and Dunwoody. A real estate investment and management firm in Atlanta is adding to its portfolio with several new self-storage developments. The properties are part of the…

Self-Storage Facility Proposed Next to Solar Farm in Monroe, NJ

A self-storage facility is proposed next to a large solar farm on Hoffman Station Road (County Route 614). Central Jersey Storage, LLC of Millstone Township has filed an application with the Monroe Township Zoning Board of Adjustment for a use variance and site plan approval to construct the self-storage facility with 11 buildings, totaling about 114,200 square feet. The project would be constructed on the western portion of the 26.29-acre property owned by So Bright LLC of East Brunswick. The property is partially located in the R-60 (Residential) Zone District…

Self-storage Facility Proposed for Cortlandt, NY

The entity 3 Locust Avenue LLC has applied to the Town of Cortlandt for approval to construct a four-story 75,000-square-foot self-storage facility on the site of the now-vacant Toddville Elementary School building and baseball field. According to attorneys David S. Steinmetz and Brian T. Sinsabaugh of the White Plains-based law firm Zarin & Steinmetz, the building recently was used as a Con Edison training facility. “The building has remained vacant for a significant period, and due in part to acts of vandalism during that time, has fallen into a state…

U-Haul Breaks Ground on 1,400-Unit Self Storage Facility in Sioux Falls, SD

U-Haul has broken ground on U-Haul Moving & Storage of Veterans Parkway, a 1,400-unit self-storage facility in Sioux Falls, South Dakota. Completion is scheduled for early 2025. The development will comprise two three-story buildings encompassing 700 units each. Plans also call for a separate warehouse including 1,250 mobile storage containers. Amenities are slated to feature climate-controlled units, around-the-clock access, as well as security. Located at 3500 Powder House Road, the project is bordered by State Route 11 to the east, while State Route 42 is some 2 miles north. Downtown…

First of Three Recently Approved Self-Storage Sites Opens in Danbury, CT

A newly opened self-storage site on the busy west side is not only a sign of economic growth in one of the city’s leading commercial corridors, but it’s also a reaction to the shortage of space to stow belongings as more condominiums and apartments are built. The opening of Cube Smart on Mill Plain Road — the first of three recently approved self-storage facilities to come online — completes the transformation of the intersection at Aunt Hack Road that just a few years ago was home to prominent dirt lots.…

Compass Self Storage Opens State-Of-The-Art Wine Storage in Jupiter, FL

Compass Self Storage, a member of the Amsdell family of companies, proudly announces the opening of their brand new, state-of-the-art wine storage cellar, now available at their location at 50 Fredrick Small Road. Compass is also partnering with the Palm Beach North Chamber of Commerce to hold a “grand opening” ribbon-cutting event on Thursday, April 18 at 11 am. All are welcome to visit and tour the beautifully constructed wine storage area and enjoy food and drink. The high-end wine cellar was designed and built for wine enthusiasts and collectors,…