What Do You Think Of When You Hear “Smart Building”?

By now, we’ve all heard a great deal about everything “smart.” Smart technology, smart buildings, smart solutions, and so on. But do we really understand what “smart” truly entails? In the world of self-storage, some of the first things that come to mind are features such as smart locks, remote gate access, and even remote climate control. Those are absolutely correct and are all important features in an increasingly smart world. But building smart is so much more. It combines infrastructure strategy with the newest technological innovations to create a…

Four-Story Self-Storage Facility Proposed for Dunwoody, GA

The four-story, 140,000-square-foot facility with a basement would be located at 4470 Chamblee Dunwoody Road, according to construction plans. The site is located off I-285, behind a Kroger. The facility is expected to break ground this fall. Georgetown Storage comes from Coro Realty Advisors and is one of several self-storage sites the Atlanta-based commercial real estate investor has in the pipeline. In addition to the Dunwoody site, the firm is planning a two-story storage facility in Woodstock called Ridgewalk Storage. This year, they also broke ground on Lake Lanier Storage,…

Groundbreaking for Self-Storage, Recreation and Warehouse Project in Armonk, NY

Basis Industrial, a real estate owner and operator based in Boca Raton, Florida, has broken ground on a construction project at 100 Business Park Drive in Armonk. Late last year the developer, which has developed, owns and manages about 15 million square feet of properties, received approvals from the Town of North Castle to construct a building encompassing a 26,461-square-foot pickleball recreation center, an 81,609-square-foot self-storage facility and a new 8,038-square-foot warehouse. The property covers approximately 11.3-acres. There currently is a 62,782-square-foot office and light industrial building on the property…

City Plan Commissioners Grants Permission For Ex-Factory into Self-Storage in New Haven, CT

City Plan commissioners approved a plan to convert up to 65,000 square feet of industrial space on Lenox Street into self-storage units — after deciding that that controversially quiet use fit better at a former factory in the Heights than at a former factory in Newhallville. They took that unanimous vote Wednesday night during the latest online monthly meeting of the City Plan Commission. The proposal in question was a special permit sought by applicant Frank Talierco and local attorney Ben Trachten to allow for a self-storage facility at the former fabric-coating…

Moove In Self Storage Adds Additional Units and Opens Three New Facilities in York, PA

York-based Moove In Self Storage is expanding in its home county. Headquartered in downtown York, the company said it is preparing to open three new and expanded facilities in York County over the next year. Moove In Self Storage, which has more than 80 locations in the Mid-Atlantic, Northeast and Midwest regions, said in a release the new York County facilities will total more than 250,000 square feet and provide 1,800 storage units for rent. “We are thrilled to be expanding our presence in York County with these three state-of-the-art…

Megacenter Miramar Introduces Climate-Controlled Storage Units in Miramar, FL

Megacenter Miramar, a prominent self-storage facility in Miramar, Florida, has announced the expansion of its self storage solutions with the introduction of climate-controlled units. Conveniently located at 7451 Riviera Blvd, Megacenter Miramar serves a diverse clientele across Broward County, including Century Village, Pembroke Pines, Hollywood, and surrounding areas. The addition of climate-controlled units responds to the increasing demand for secure storage options that protect sensitive belongings from extreme temperatures and humidity. These units provide a stable environment ideal for storing artwork, electronics, and other delicate items, ensuring the preservation of…

Quinlan Development Opens a Self Storage in Budd Lake, NJ

Quinlan Development has completed a 95,200-square-foot self-storage facility in Budd Lake, N.J. The Class A property is operated by Extra Space Storage. The development team included design firm Ware Malcomb and Gerard Construction, which provided general contracting services. The Budd Lake facility was originally designed as a speculative development to yield the highest possible number of rentable units, according to Ware Malcomb Regional Director Jon Anderson. The project was subject to a $14 million construction loan in 2022, provided by Bank OZK. The four-building property offers 761 non-climate and climate-controlled…

A New U-Haul Retail, Moving and Self-Storage Center is Currently Serving Customers in Kaukauna, WI

To celebrate the opening of U-Haul Moving & Storage of Fox Cities North, a grand opening event will be held at 1 p.m. on Aug. 1. The public is invited to stop by and enjoy a free lunch, tours, giveaways and a ribbon-cutting ceremony. The first U-Haul store in Kaukauna will be a state-of-the-art complex featuring more than 1,000 self-storage units with heating and climate-control options and high-tech security features. In addition, customers now have access to trucks and trailers, moving supplies, U-Box® portable storage contains, professional hitch installation, and…

Recent Transactions: 7.16.2024 – 7.22.2024

Property: North Side Mini Storage Location: Evansville, IN Address: 1020 E Mt Pleasant Rd, Evansville, IN 47725 Broker and Brokerage: Taylor Cahn of Storage Exchange Acreage: 1.94 acres NRSF: 29,056 Unit Count: 243 units (182 drive-up non-climate units, a newly built 46-unit climate-controlled building plus 15 outdoor parking spaces) Physical Occupancy: 91% VPD: 24,000 Vehicles Per Day Highlights: Apartment for the on-site manager 3.95 sq ft / capita (within a 3-mile radius) 5.93 sq ft / capita (within a 5-mile radius)     Property: Secure Storage Location: Clarklake, MI Address:…

Self Storage Market of the Month: Waterbury, CT – Featuring Drive Time Analysis

StorTrack’s featured market this month is Waterbury, CT. Waterbury is Connecticut’s fifth-largest city and named for its abundant waterways. It has been nicknamed as the Brass City for its large brass industrial interests. How is Waterbury as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.   Self Storage Market Metrics for Waterbury, CT (10 Minutes Drive Time) We’ve utilized our new Drive Time tool to define and analyze this…