Category: Development News

Go Store It, an affiliate of Madison Capital Group, has opened a 130,407-rentable-square-foot self-storage facility in South Gate, California. The developer broke ground on the project in January 2023, after securing a $20.8 million construction loan from Bank of the West in July 2022. The newly built facility is a four-story building that offers 1,300 climate-controlled and drive-up units, ranging between 25 and 300 square feet. Amenities include 24-hour video surveillance, electronic building and gate access, moving and packing supplies, security lighting, as well as dolly and flatbed carts. Go…

Apple Self Storage, one of Canada’s top self-storage operators, is thrilled to announce our newest storage facility opening in Goderich, Ontario. This expansion marks a significant milestone for Apple Self Storage as it continues to provide innovative storage solutions to meet the growing needs of small-town communities like Goderich and surrounding areas. Situated on the eastern shore of Lake Huron, Goderich offers the perfect getaway for tourists and adult living. Apple Self Storage’s new location in the cottage country of Huron County adds storage solutions for seasonal items and downsizing…

Complete Storage proudly announces the grand opening of its newest state-of-the-art indoor temperature-controlled self-storage facility located at 905 East Main Street, Salem, IL. This latest addition to the Complete Storage network exemplifies the company’s unwavering commitment to providing unparalleled storage solutions that prioritize security, convenience, and customer satisfaction. As the demand for premium self-storage facilities continues to soar, Complete Storage reaffirms its position as the industry leader by introducing this cutting-edge location, designed to meet the evolving needs of customers in Salem and beyond. The new facility boasts a myriad…

In the sun-drenched city of McAllen, Texas, a new landmark is taking shape. Bakke Development Corp. and Batson-Cook Development Co. (BCDC) have embarked on their fourth joint venture, breaking ground on an 85,825-square-foot self storage facility. This project, nestled on South McColl Road, spans nearly two acres and promises to serve the South McAllen-Pharr submarket with 762 climate-controlled units. The partnership between Bakke Development and BCDC has been a fruitful one, with this new project marking their fourth collaboration in the self storage sector. Their most recent endeavor, an 802-unit…

U-Haul is expanding its self-storage footprint with the development of two new facilities in Texas and Arizona. The company has acquired the construction sites for the projects, which are set for completion in 2026. Plans for the Ingram Park facility in San Antonio include a three-story building that will offer 750 climate-controlled units, ranging between 25 and 300 square feet. The project marks U-Haul’s 16th property in San Antonio. The facility will take shape on 11 acres at 7616 N.W. Loop 410, 13 miles from downtown San Antonio. As of…

Go Store It, an affiliate of Madison Capital Group, has opened a 120,033-square-foot self storage facility in Jacksonville, Fla. The project was subject to an $8.5 million construction loan in 2022, provided by Susser Bank, with a maturity date set for 2027. The newly built facility is a three-story building that offers 775 climate-controlled units, ranging between 25 and 350 square feet. The property features drive-under loading for covered loading and drive-up units on the first floor. Amenities include 24-hour video surveillance, electronic building access, security fencing and lighting, moving…

SLI Capital CEO Bryan Kane and Madison Capital CEO Ryan Hanks announced today that their firms have purchased a controlling interest in Green Space, a self-storage company with an innovative proprietary concept that constructs self-storage facilities out of stacked shipping containers. Green Space is a real estate development and construction company providing cost-reducing self-storage solutions with an emphasis on environmental conservation. Founded in 2015, Green Space holds US and European patents for its groundbreaking technology used to build multi-story, self-storage facilities out of shipping containers. The company’s designs result in…

A self-storage facility near the eastern end of Route 37 in Toms River has received approval to expand. The township’s planning board approved a plan by Extra Space Storage, Inc. to expand their facility at 3200 Route 37 West, located just east of the turn-off onto Fischer Boulevard. The approval, memorialized late last month, permits the Extra Space to construct a new, three-story mini warehouse self-storage building of 39,050 square feet to be used in conjunction with the existing Extra Space Storage warehouse operation on the property, along with associated…

The recent acquisition of 9.89 acres at 1900 N. Beeline Hwy. will pave the way for Payson’s first U-Haul® self-storage, retail and moving facility. U-Haul Moving & Storage of Payson is scheduled for completion by 2026. Plans call for the creation of an attractive three-story self-storage building encompassing more than 80,000 square feet. The store will offer more than 600 indoor, ADA-accessible self-storage units with climate-control options at affordable price points. U-Haul also plans to construct a separate secure warehouse for its portable storage containers. “This will be our first…

A new U-Haul® self-storage, retail and moving center is coming to San Antonio thanks to the recent 11-acre land acquisition at 7616 NW Loop 410. The target completion date for U-Haul Moving & Storage of Ingram Park is early 2026. U-Haul acquired the property on Jan. 23. The facility will include a three-story building with more than 750 indoor climate-controlled self-storage rooms with high-end security features at affordable price points. Customers will also have access to truck and trailer rentals, boxes and moving supplies, towing equipment and professional hitch installation,…