Climate-Controlled Self-Storage Unit Breaks Ground in Auburn, ME

The $5 million project will offer 750 temperature and humidity-controlled storage units on Turner Street. Diamond Point Development and The Ardent Companies broke ground on a three-story, 100,000-square-foot self-storage facility at 179 Turner St. on three undeveloped plots next to the Dead River Company complex. The more than $5 million project will be a standout in the Lewiston-Auburn market, offering 750 temperature and humidity-controlled storage units in one location. Developer Jason Sommer said their analysis showed that the Lewiston-Auburn market is “underserved” when it comes to climate-controlled, self-serve storage facilities.…

Gantry Arranges Refinance For Two Self-Storage Properties in Bay Area, CA

Gantry secured a total of $17.6 million in permanent loans to refinance a pair of Bay Area self-storage facilities. The life company financings funded the sponsor at $9.5 million for SAF Keep San Ramon and $8.1 million for SAF Keep Hayward, which totals 244,605 square feet of rentable space. Principal Tom Dao and associate Erinn Cooke with Gantry’s dedicated Self Storage Financing Team secured the financing on behalf of the borrower, a private real estate entity. The 10-year loans were sourced from one of Gantry’s correspondent life company lenders and…

StorageMart Keeps Expanding with New Self Storage Facility in Indianapolis, IN

StorageMart, a prominent international self-storage company, is pleased to announce the opening of a new facility in Indianapolis, Indiana. This facility, located on East Washington Street, offers 785 units with over 82,159 rentable square feet of climate-controlled self-storage options in assorted sizes. Notable security features include 24/7 video surveillance, PIN entry access, and motion sensor lighting. The newly inaugurated facility simplifies the process of storing items with online and phone reservation options. Plus, the facility will offer moving and packing supplies and allow customers to access their stored items at…

Fort Wayne (Ind.) Plan Commission Approved Plans for New Self-Storage Facility in Fort Wayne, IN

On Monday, the Fort Wayne (Ind.) Plan Commission approved plans for a new 101,400-square-foot self-storage facility. The City Council will make a final ruling on whether a community shopping center can be rezoned for commercial use, allowing for the development of Fort Wayne Storage. The Board of Zoning Appeals has scheduled a hearing for the project on Thursday. One plan-commission member and some neighboring office owners oppose the project, claiming it will lower property values. Fort Wayne Storage has three other Allen County locations. The company plans to invest more…

Go Store It Opens New Self Storage Facility in Naples, FL

A new Go Store It self storage facility has opened at an adaptive reuse project in Naples, Florida. Situated at 220 Basik Drive, the new property is located at a converted retail center, formerly a Big Cypress Marketplace. Go Store It and general contractor Liberty Solutions converted the former retail site into a modern storage property to meet the demand for storage in the fast-growing market. Go Store acquires, develops, and manages self-storage properties across the U.S. The company, an affiliate of Madison Capital Group, has 7.1 million square feet…

ClearHome Self Storage – A Premier Self Storage Facility Opens in Longmont, CO

VanWest Partners’ latest development project, located at 10958 CR 5, Longmont, Colorado (the intersection of Highway 119 and CR 5), has officially opened for leasing. The project is operated by the firm’s wholly-owned self-storage management company, ClearHome Self Storage. With construction recently completed, ClearHome Self Storage – Longmont (ClearHome) consists of over 700 units and over 81,000 rentable square feet. The Class A self-storage facility includes a mix of climate-controlled and drive-up units, as well as 46 uncovered boat and RV parking spaces. The facility sits on over six acres…

Summit Self Storage Opened its New Facility in Driggs, ID

Summit Self Storage just opened 30,000 square feet of traditional drive-up self-storage in Driggs, Idaho with additional land available to add 24,000 square feet. With the opening of this latest facility in Driggs, marks their current available square feet in Teton Valley, Idaho to 100,000 Contact: Jason O’Neill, Owner of Summit Self Storage 535 Peak View Road Victor, ID 83422 Mobile: 208-709-7578 www.summitself-storage.com

New Extra Space Storage Coming Near Ballard Fred Meyer – Seattle, WA

Crews have broken ground on the new self-storage facility that’s coming to 1115 NW 46th Street. The Ostergard family has owned the corner lot for decades; the demolished buildings include Scott’s Trophy and a painting company. Premier Storage Investors from Memphis purchased the lot in January for $6 million. Jackson Main Architecture is designing the 4-story 100,000-square-foot Extra Space Storage building. Extra Space Storage is a national chain of self-storage units spread across 41 states. The project plans include parking for 10 vehicles. According to the Seattle DJC, the project…

U-Haul to Open 168,400 Square Feet Self-Storage Facility in Princeton, TX

U-Haul will open a six-building, 168,400-square-foot self-storage facility on an eight-acre site in Princeton, located northeast of Dallas. The facility will comprise a four-story, 130,000-square-foot storage building, a 30,000-square-foot warehouse and 8,400 square feet of single-story, drive-up storage buildings. Dallas-based MYCON General Contractors will lead construction of the project, which is now underway and slated for a June 2024 completion. Source

VanWest Partners Announces Self Storage Development Project in Denver, CO

VanWest Partners (VanWest), a Denver-based commercial real estate investment firm specializing in self-storage, recently broke ground on a self-storage development project at 2425 S. Colorado Boulevard in Denver, Colorado. When construction is completed, the project will be operated by the firm’s wholly-owned self-storage management company, ClearHome Self Storage. ClearHome Self Storage – Colorado Blvd. will be a 5-story building consisting of over 93,000 square feet of Class A, climate-controlled self-storage units. The location sits in a primary retail and commercial corridor, with more than 4,300 planned or under-construction multi-family units…