It’s no surprise that people are packing up their U-Haul trucks and heading to Houston. This city is constantly growing. We’re excited to offer a clean, secure and reliable storage product for our new Houston residents, and our lifelong neighbors as well.” – Phil Frederick, U-Haul Company of Southwest Houston president U-Haul® has purchased the former Space City Self Storage facility at 13123 Hiram Clarke Road to better serve its customers in the Houston community. The property was acquired on May 25. Now U-Haul Moving & Storage of Hiram Clarke,…
Category: Development News
Self Storage Company Presents to Sayreville Planning Board for Site Approval at Former Club Pure Location
100,500 sq. foot facility would take the place of the iconic nightclub that hosted hundreds of weddings, bar mitzvahs, corporate events, and parties” The Sayreville Planning Board heard testimony about the development of a self storage facility at the former Club Pure (1970 Route 35) during its June 7 meeting. The facility will be operated by InSite Development Partners, a Torrance, CA-based self storage developer, operator, and manager. The developer seeks site plan approval for the proposed facility on Route 35. InSite builds storage locations under its SecureSpace brand all…
Redding Self Storage Facility Lands $22 Million in Construction Financing
EagleBridge Capital, a Boston-based mortgage banking firm, has secured construction financing of $22 million for a new self storage facility in Redding, Connecticut. The facility, currently under construction, will feature 675 units of various sizes, as well as flex/industrial units. It will be equipped with 24/7 key card security and gated access. The property is situated on an 8-acre site on Ethan Allen Highway (Route 7). The location offers access to Route I-95 and Merritt Parkway. EagleBridge’s Brian Walsh arranged the financing through a national bank. Source
Coming to Auburn: U-Haul to Develop Land for New Store by 2025
Plans call for an attractive four-story self storage building encompassing more than 100,000 square feet. The store will offer 700-plus indoor, ADA-accessible self storage units with climate-control options and high-tech security features at affordable price points. U-Haul also plans to build a separate warehouse for portable moving containers.” A modern U-Haul® retail, moving and self storage facility is coming to Auburn thanks to the recent acquisition of 4.5 acres of bare land on W. Creek Parkway. U-Haul Moving & Storage at West Pace is scheduled for completion by the summer…
Investing in Bowling Green: U-Haul to Build New Store, Add Jobs by 2025
The multi-story facility will include more than 750 indoor climate-controlled self storage rooms with high-end security features at affordable price points. Customers will have access to truck and trailer rentals, boxes and moving supplies, towing equipment, professional hitch installation, propane and much more.” U-Haul® will soon showcase a new retail, moving and self storage center in Bowling Green thanks to the recent land acquisition of 5.15 acres on Nashville Road, just southwest of William H. Natcher Parkway. U-Haul Moving & Storage of South Bowling Green is scheduled to be built…
Houston REIT Turning Entire 7 Million Square Feet Portfolio into Self Storage
Silver Star Properties is making significant changes to its investment strategy, repositioning its portfolio of office, retail and industrial holdings into self-storage, according to a May 26 SEC filing. Silver Star is repositioning its entire 6.8 million-square-foot portfolio to self-storage, a plan its board of directors’ executive committee outlined on April 6. The Houston-based REIT completed a $3 million acquisition of Southern Star Self-Storage Investment Company in early May to operate alongside its existing operations. The company saw a $24 million loss in the recoverable value of eight properties by…
Stuf Brings Tech-Enabled Self Storage to Two Seattle Office Properties
Stuf, a New York City-based self-storage startup, has entered the Seattle market with two new locations, both utilizing space within office properties. With locations in eight metro areas, Stuf partners with property owners to monetize basements, garages and other spaces in buildings as tech-enabled storage. “Over the last year, we have tripled our real estate footprint by partnering with incredible office, multifamily, and retail landlords who see value across the entire asset and seek to monetize their buildings in new and creative ways,” said Katharine Lau, CEO and co-founder, Stuf.…
Indoor Self Storage Business Planned for Dormant Fairborn Former Kmart
Originally this was approved (for) about two-thirds storage and the rest of it would have been some type of retail space” A long-dormant former Kmart site at a largely vacant Fairborn shopping center is the focus of a proposal for a 600-plus-unit indoor self storage business. Plans for the location at the Five Points Plaza at 224 E. Dayton Yellow Springs Road include an 84,180-square-foot Storage Sense on about 9.5 acres that also includes a former Kroger site, Fairborn records show. It is reported to be a $4 million project…
Byline Bank Lends $14 Million on Self Storage Build in Paramount
The infill project will total 845 units, including 841 temperature-controlled units. The property will be managed by Madison Capital’s self storage brand, Go Store It.” Byline Bank’s Commercial Real Estate team has provided a $13.67 million construction loan to Madison Capital Group, a Charlotte-based real estate developer with offices in Newport Beach. Madison Capital will use the funds to develop a new-construction self storage property, located at 15932 Minnesota Ave. in Paramount. The infill project will total 845 units, including 841 temperature-controlled units. The property will be managed by Madison…
A New Storage Facility is Being Built in Jackson
Dysert purchased the 7-acre property from Daugherty Tree Service for $165,000 back in August of 2021, according to property records.” A new development in Jackson is bringing another storage facility to the area. A property at 1700 S. Cooper St. will be the new home of a Jackson Self Storage location. Construction is taking place at the site to build a new facility for residents with larger-storage needs, such as equipment for small businesses, owner Doug Dysert said. “They’re very popular for people who have tools and equipment for small…