Storage Units Capital, a self-storage real estate investment firm, announced today the grand opening of its latest Class A self-storage property located near downtown Greenville. Strategically positioned on a signalized intersection with direct access to major streets and I-85, the facility offers unmatched convenience and accessibility for residents and businesses alike. “This location was selected based on in-depth market analysis and exemplifies our investment strategy to deliver high-quality, purpose-built self-storage in fast-growing, undersupplied markets,” said Sean Casterline, channel marketing director for Storage Units Capital. “In a time when investors are…
Category: Development News
Cubesmart Opens New Self-Storage in Farmingdale, NY
The three-story, 115,000-square-foot building was developed by Sterling Equities on 2.84 acres at 505 Bi County Blvd. Sterling Equities created the development site by subdividing its 12.12 acres at 500 Bi County Blvd., where it owns a 145,000-square-foot office building that’s nearly 90 per cent occupied. The 953-unit self-storage facility was built on a portion of an underutilised parking lot. The project was headed by Frank Romano from Sterling Equities and Sandy Cohen from the property management firm Wachtler Knopf Equities. The development team included Racanelli Construction, Frank Relf of…
Self-Storage Units and Micro Appartments Development Planned in Downtown Santa Barbara, CA
Santa Barbara’s downtown is changing into a neighborhood of small apartments and micro-units, a shift that has created a sudden new need: Storage Units. The Santa Barbara Planning Commission recently approved a complex lot split, transfer of development rights and a development plan to build 760 storage units and 44 micro-units across a city block downtown. “There’s a tremendous undersupply of self-storage,” said developer Greg Reitz, principal of REthink Development. “About three times as much self-storage is needed in downtown Santa Barbara than is currently provided.” The project calls for…
Seven-Story Frontier Building Set for Major Transformation, which Includes a Self-Storage in Downtown St. Pete, FL
After sitting underutilized for years, the windowless Frontier building at 821 1st Avenue North is finally set to see new life. Plans have been filed with the City of St. Petersburg to redevelop the seven-story, 233,590-square-foot office and data center, which is partially leased by Frontier Communications. The proposed redevelopment includes 41,333 square feet of ground-floor retail space, 137,663 square feet of self-storage, and 54,594 square feet of office space. Originally constructed in 1928 by the General Telephone Company of Florida, the building was expanded in 1967 and 1970. It…
Locally-Owned Self-Storage Facility Opens in New Braunfels, TX
The self-storage facility, locally owned by Jorden Mahlar, has 573 units ranging from 5×5 to 15×60. New Braunfels Executive Storage also offers boat and RV parking, climate controlled and non-climate controlled units. New Braunfels Executive Storage, located at 4655 W. Hwy. 46, New Braunfels, opened April 28. Mahlar said they have an onsite ice machine available for public use and are planning to have food trucks on the property as well. New Braunfels Executive Storage 4655 W. Hwy. 46, New Braunfels, Texas www.newbraunfelsexecutivestorage.com Source
Go Store It Self Storage Expands Operations with New Self-Storage Facility in Longwood, FL
Go Store It Self Storage has opened an 800-unit facility at 1900 South US Highway 17-92 in Longwood, Florida, expanding its footprint in one of Central Florida’s fastest-growing markets. The property, which spans 5.03 acres and offers more than 83,000 square feet of rentable space, serves both residential and commercial customers in the Orlando–Kissimmee–Sanford area. In addition to traditional storage units, the facility offers covered parking at the rear of the property for storing boats, RVs, and vehicles — an increasingly sought-after amenity in the region. The new facility features…
MV Investment Announces Development of Premier Class A Self Storage Facility in Oxford, MS
MV Investment has closed on the development of a new climate-controlled self-storage facility in Oxford, MS with Miller Valentine Construction serving as the general contractor. Construction will begin on May 5, 2025, with an anticipated completion date in early 2026. This three-story facility will feature 862 units designed for durability, security, and energy efficiency. The development is in the heart of Oxford, home of the University of Mississippi. Located inside a high-end retail and commercial service center, this location is conveniently situated at the intersection of two major highways with…
Self-Storage Facility Proposed for Hollister Avenue in Western Goleta, CA
Eagle-eyed residents may have noticed story poles for a new development in western Goleta during the past few weeks. The story poles outline a proposed 202,920-square-foot self-storage facility at 7780 Hollister Ave., which is currently the site of a parking lot. The site is next to Westmont of Santa Barbara, an assisted-living facility, and across the street from the Ellwood Mesa butterfly grove. Earlier this month, Goleta’s Design Review Board held a conceptual review for the project and encouraged developers to scale back the size and go for a rural…
Stor-It Self Storage Opens its Newest Location in Boise, ID
Stor-It Self Storage, the largest private storage operator in Idaho, today announced the grand opening of its recently completed first phase at their 6099 S. Federal Way Boise Facility (Yamhill Road and Federal Way). The grand opening event will take place on May 5, 2025, at 2:00 PM onsite. The impressive first phase of this Class A project was built by Forge Building Company, an Idaho Company. The facility features 240,000 square feet of drive-up storage, climate-controlled storage, indoor storage, commercial storage, commercial office suites, large angled covered parking, and…
Arcland and Self Storage Plus Expand With a New Self-Storage Facility in Huntsville, AL
Arcland Property Company is pleased to announce the upcoming opening of a new self-storage facility at 2918 Green Cove Rd. SW in Huntsville, Alabama. The newly constructed property will be managed by Self Storage Plus and marks the brand’s first entry into the Alabama market. Noah Mehrkam, CEO of both Arcland and Self Storage Plus, shared his excitement: “We’re thrilled to bring Self Storage Plus to Huntsville, a rapidly growing community with an increasing demand for high-quality storage solutions. Our team has worked hard to deliver a secure, convenient, and…