Abacus Storage King will comprise the $3-billion Storage King portfolio of assets and $100-million business platform to be a fully integrated self-storage owner, operator and manager.” With the spin-off of its Storage King assets into a $3-billion listed property trust in full swing, Abacus Property Group has filed plans for a four-storey self-storage facility on the Gold Coast. The proposal is an expansion of its existing facility comprising three warehouses across a site spanning two lots and more than 1ha at Miami. Under the plans, it would develop a fourth…
Category: Development News
Safeguard Self Storage Expands Presence in Yonkers with New Facility on Nepperhan Avenue
Situated at 324 Nepperhan Avenue, Yonkers, NY, this state-of-the-art facility boasts an impressive 132,000 square feet of storage space, offering a remarkable selection of 1,252 climate-controlled units.” Strategic Location Offers Unparalleled Convenience for Yonkers Residents Safeguard Self Storage is thrilled to announce the acquisition of a new facility in Yonkers, NY, further bolstering its footprint in the region. This strategic expansion, coupled with our soon to open location at 390 Riverdale Avenue and our original Yonkers facility location at 188 S. Broadway, solidifies the firm’s commitment to meet the growing…
Noah’s Ark Storage Opens New Location in Bronston, Kentucky
To celebrate the grand opening, Noah’s Ark Storage offers exclusive discounts and promotions for new customers at the Bronston location. Interested individuals are encouraged to visit the facility or contact the friendly staff to learn more about these limited-time offers.” Noah’s Ark Storage, a trusted name in self-storage solutions, is thrilled to announce the grand opening of its latest facility in Bronston, Kentucky. Conveniently located at 2266 KY-90 Bronston, KY 42518, this state-of-the-art storage facility offers residents and businesses in the Bronston area access to premium storage options designed to…
Huge New Storage Facility Gets Closer to Completion in Toms River, New Jersey
If you have been driving down Route 37 in Toms River you have seen several new construction projects. One of which is rather large and will be the future home of “Public Storage” a new storage facility under construction in Toms River. According to their website “Since opening our first self-storage facility in 1972, we’ve grown to become the largest owner and operator of self-storage facilities in the world. With thousands of locations across the U.S. and Europe, and more than 170 million net rentable square feet of real…
StorageMart Expands Idaho Presence with the Addition of Two Managed Facilities in Caldwell
International self-storage company adds more than 131,000 square feet of storage to Idaho footprint. StorageMart, the largest privately-owned self-storage company, announced its latest expansion into Caldwell, Idaho. The two storage facilities provide a combined net rentable square footage of 131,686 and an impressive 826 storage units, which include standard storage, drive-up storage, and vehicle parking options. “We are thrilled to announce the grand opening of third-party managed locations in Caldwell,” said Adam Steckler, President of truStorage, the company’s third-party property management operation. “This expansion reflects our dedication to providing top-notch…
MV Investment Breaks Ground on Second Self Storage Facility in Fayetteville
MV Investment has broken ground on its second self storage development in Fayetteville, North Carolina. Construction began in June on a Class A climate-controlled self-storage (CCSS) facility at 4247 Ramsey Street. The 107,000-gross-square-foot facility will house 800 units ranging in size from 5 x 5 to 10 x 30. Located on a high-traffic artery close to Fort Bragg, the development offers a foothold in what is considered by MV Investments to be a” high-growth corridor” that is experiencing a boom in housing construction. The two-acre site sits between a Wal-Mart…
Metro Storage LLC Opens New Store in Wall Township, New Jersey
Metro Storage LLC announced the opening of its newest store in Wall New Jersey. Located at 2274 Route 34 in Wall Township, the new, three-story 81,400 GSF state-of-the-art facility offers 59,245 RSF of climate-controlled storage. It is the 10th Metro Self Storage store in New Jersey. “New Jersey is an exciting market with lots of opportunity through the population density, and this new facility is a valuable addition to our portfolio,” said Metro Storage LLC President Martin Gallagher. “Metro is well established in this market with an operational…
Talonvest Arranges $14.1 Million Construction Loan for CA Development
The site is uniquely positioned adjacent to two recently delivered RV/Boat storage facilities and, upon completion, will consist of 373 climate-controlled units and 461 drive-up units totaling 114,752 NRSF.” Talonvest Capital, Inc., a boutique self storage and commercial real estate advisory firm, along with their client, Madison Capital, is pleased to announce the successful closing of a $14.1 million loan for the construction of a single-story class A, self storage development located at the Southeast Corner of Wabash Ave and Naples Ave in Redlands, CA. The site is uniquely positioned…
West Glendale Parcel Targeted for Apartment Complex, Self Storage Facility
A new apartment complex and a self-storage facility look to be coming to a spot on the west side of Glendale. The city council at its Tuesday voting session will consider adopting an ordinance to approve a rezoning application for a 24-acre project titled 101 & Northern Avenue (Thompson Thrift Storage) at the southeast corner of Northern and 99th avenues. The planned area development narrative calls for an apartment complex consisting of three buildings totaling 234 units on 11 acres. The other portion of the parcel is targeted for a…
Rochester’s Menards Store to Build a 538-Unit Self Storage Center
The plans for the new Menards project show the 538 units plus 106 parking stalls to be built on an 8-acre parcel. The proposal for the facility includes 203 units measuring 10′ by 15′, 245 10′ by 20′ units and 90 10′ by 25′ units.” Menards wants to do more than just sell stuff to Rochester area shoppers. It wants to also store that stuff. The Wisconsin-based home improvement retailer filed a general site development plan this week to build a 538-unit self-storage facility on open land just north of…