Category: Development News

StorQuest Self Storage, a dynamic brand with a commitment to innovative solutions and an industry-wide reputation for exceptional guest service, is excited to announce the expansion of its national reach. The newly developed state-of-the-art facility, located at 155 King St., marks the second StorQuest location in Brooklyn and the tenth facility in the Empire State. Built with the highest standards in self storage design, this best-in-class facility is strategically located on the west edge of Brooklyn in the bustling Red Hook neighborhood that overlooks the Statue of Liberty. It’s approximately two…

A new U-Haul® retail, moving and self-storage facility is coming to an undeveloped site at 1125 Boxelder Road in Gillette. U-Haul Moving & Storage of Gillette is scheduled for completion by 2023. Plans call for an attractive three-story structure encompassing more than 100,000 square feet. The store will offer 700-plus indoor, ADA-accessible self-storage rooms with climate-control options and high-tech security features at affordable price points. “Our closest U-Haul-owned and -operated facility to Gillette is over 100 miles away in Casper,” said Paul Johnson, U-Haul Company of Wyoming president. “Opening a convenient self-move facility with state-of-the-art storage is important to…

The Davis Companies (TDC) announced that, following its acquisition of 155 and 165 West 29th Street in Chelsea, it has completed demolition of the existing buildings on the site and plans to construct a 17-story self storage facility. The Davis Companies acquired two adjacent industrial properties at 155 & 165 West 29th Street from the Moshel and Garfinkel families for a total of $62.5 million earlier this year. Over the summer, construction financing totaling $84 million was provided by Santander Bank, N.A. and United Overseas Bank. Construction is anticipated to be…

A Dallas-based self storage developer is planning to build its second complex in Los Angeles, which continues to see strong demand for properties in the sector. Baranof Holdings is proposing a 142,000-square-foot self storage facility at 1810 Venice Boulevard in Pico Union, according to city planning documents. The seven-story building will store household goods, according to the filing, and will include 1,527 storage units, as well as 24 parking units and 30 bicycle parking spots. L.A. is the largest self storage market in the country, attracting $92 million in self…

Turnstone Group, a real estate developer and investor, announced that its Fayetteville, Georgia self storage development has been completed and opened in spring 2021. The 55,000 square foot, 100% climate-controlled facility is being managed by CubeSmart. “We’re excited to begin our relationship with CubeSmart. Their expertise in self storage management and operations has already helped our facility in Fayetteville outperform projections,” said Adam Goldstein, who leads the self storage developments for Turnstone. “Fayetteville was underserved by Class A climate-controlled storage facilities, and we look forward to meeting the area’s storage…

A fast-growing Winter Garden-based self storage company wants to expand its nationwide footprint and build a much larger new headquarters. Store Space Self Storage plans to build a new 60,000-square-foot, Class A headquarters on 16 acres it has under contract to buy for an undisclosed price. The land at 560 E. Crown Point Road is currently vacant, with Deepcreek Partners LLC last purchasing the similar parcels for $2.2 million in January 2015, according to the Orange County Property Appraiser. Based on industry standards, the new corporate office space would cost…

Elizabeth Avenue continues its commercial development with the Planning Board’s approval of a 104,700 square foot self storage facility that will sit just up the road from a series of warehouses approved earlier this year. The three-story facility will replace the landscaping business currently at 470 Elizabeth Ave., adjacent to the Somerset Run age-restricted development to the north and east of the site. The board waived for a fence along the property line citing the plan for a significant landscape buffer and setback from the neighboring property. This is a…

Trojan Storage is looking to build a 167,000-square-foot self storage facility in the San Fernando Valley, expanding in a Los Angeles market that is the biggest in the nation in that sector. The firm is planning the complex at 14201 South Paxton Street in Arleta, according to data from PropertyShark. The proposed facility would rise on a vacant lot spanning 2.8 acres. KoBre Holdings, Trojan’s parent company, did not respond to a request for comment. The largest planned structure in the project is a three-story self storage facility that spans 152,280 square…