Category: Development News

The new six-story building would consist of approximately 294,731 square feet of self storage use and approximately 6,720 square feet of ground-floor retail use, for a total of approximately 301,451 square feet of floor area.” Los Angeles’ Baldwin Hills neighborhood could soon see some much-needed self storage added to the area, according to a recent proposal submitted to the City. The proposal comes from Public Storage with designs by Ware Malcomb and would include a six-story building with both retail and self storage uses. The project site is located at…

We want to be a conduit to help Store Space reach its goal of 500 facilities nationwide,”  – Matthew Horne, Co-Founder and CEO of Storage Point. As Store Space continues to expand, this partnership will help maintain and create a robust acquisition pipeline,”  – Rob Consalvo, Co-Founder and President of Store Space Store Space Self Storage, which operates more than 100 facilities, has entered a joint venture agreement with real estate investment firm Storage Point Capital to pursue acquisitions. The partnership includes the deployment of a Storage Point feeder-fund investment…

The facility will have nearly 630 interior self-storage units, office space, an employee break room, a retail area, and more than 20 units with outside entrances. The property is 11 acres total, with 7.6 of them in Wethersfield, and located just south of the Route 175/Berlin Turnpike interchange.” A developer has gained approval to build a self-storage facility at 2176 and 2180 Berlin Turnpike on the Newington-Wethersfield line. Applicants Robert Pryor, director of engineering for Solli Engineering LLC and White Plains-based BDC Holdings Inc., are planning a three-story, 99,360-square-foot self…

InSite bought the property for $6.6 million in January. It was sold along with an adjacent lot at 111 Concord Street.” Torrance-based firm InSite plans to convert a Glendale industrial site into a five-story self-storage facility. The property, located at 127 Concord Street, currently contains a 22,000-square-foot structure leased to printing company Chromatic. InSite, which specializes in self-storage projects, is looking to replace the existing building with a five-story, 112,200-square-foot facility, according to documents filed with Glendale’s planning department. Plans for the site also include two levels for a subterranean…

Manhattan Mini Storage Announces Expansion Plans to Add 65,000 Square Feet of Self-Storage in Upper East Side.” Manhattan Mini Storage is expanding its reach on the Upper East Side with plans to repurpose the former CMX Cinema into self-storage. The 6-level conversion will add 65,000 net rentable square feet of storage and 1,200 climate-controlled units to the area by 2024. Manhattan Mini Storage has taken a strong stance on green building practices and sustainable construction solutions with this project. Weyen Burnam, Global Director of Real Estate said, “Upcycling unused or…

  We take pride in filling a need for high-quality self storage units for our nation’s service members. In terms of investment, adjacency to military bases offers a solid and stable return for investors, which is why we selected this market.” MV Investment is set to open a new self storage facility in Fayetteville, North Carolina, on April 1. Located at 5234 Raeford Road, the 105,000 gross square-foot complex offers 808 units ranging in size from 5×5 to 10×20. The complex will address an acute need for climate-controlled self storage…

  We have partnered with Life Storage to operate the facility. They are a best-in-class operator with customer-focused team that I’m confident will deliver a top-notch self-storage experience to the neighborhood”   SAFStor, Inc, a leading developer of self-storage properties, opened its newest facility in Philadelphia, PA on January 31, 2023. With the grand opening of the Philadelphia property, SAFStor has expanded its portfolio to 50 facilities in 14 states, with several more currently under construction. The Daytona, FL-based developer has selected Life Storage (NYSE: LSI), a leading owner and…

Basis Industrial plans an additional warehouse on the property, which sold for just $9M in 2016″ A Miami warehouse and self storage firm is planting its flag in Westchester County — and paying a significant premium to do so. Basis Industrial, based out of Coconut Grove, paid $30 million for a 60,000-square-foot warehouse and adjacent development site at 100 Business Park Drive in Armonk. The 11-acre parcel comes with more than 140,000 additional buildable square feet. Basis plans to add a 100,000-square-foot industrial and self storage facility on the land”…

Continuing our expansion across California, I am excited to announce that SecureSpace Firestone is now open,” SecureSpace today announced the opening of a newly built SecureSpace Self Storage facility, strategically located at 2268 Firestone Blvd, Los Angeles, CA, at the nexus of the Interstate 110, 10, 710, and 105 freeways. SecureSpace Firestone offers 116,125 square feet of 100% climate-controlled self storage space with units ranging from 5’x5’ to 10’x30’. The site is located in the Los Angeles/Long Beach/Anaheim MSA, which has a population of around 13.3 million. The three-mile trade…

The first self storage facility ever built in Snowmass.” Snowmass Self Storage consists of two new buildings with small and large units in Old Snowmass near the corner of Highway 82 and Snowmass Creek Road. The buildings were constructed in the same location as a former open lot that contained various vehicles and watercraft. Amid a market in which availability at regional storage facilities has been limited in recent years, two entrepreneurs have opened a new storage center in Old Snowmass. Snowmass Self Storage, developed by Ryan Chadwick and business…