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…

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…

Recent Self-Storage Transactions: 04.22.2025 – 04.28.2025

Strategic Storage Trust VI, a REIT sponsored by SmartStop Self Storage, recently acquired two properties encompassing 1,900 units across two facilities in Vancouver, WA, and Bradenton, FL. The Vancouver facility, built in 2020, features primarily climate-controlled units, reflecting consumer demand for premium storage options, while the Florida deal strengthens the REIT’s footprint in the growing Sunbelt region. These deals highlight ongoing institutional interest in high-quality assets in strong demographic markets, reinforcing confidence in the sector’s long-term fundamentals and underscoring REITs’ continued pursuit of strategic growth opportunities.     Property: Self…

SmartStop Self Storage Expands Digital Capabilities With Mobile App Rollout Across All Locations in the US

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, is pleased to announce that its SmartStop Self Storage Mobile App is officially available at all 220 locations across the United States and Canada. After a successful phased rollout, the SmartStop Self Storage mobile app is now accessible to all SmartStop customers. It offers an enhanced, tech-forward experience that puts control at their fingertips. The SmartStop mobile app is a…

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…

Colliers Launches Stockhausen & Hernandez Self-Storage Team to Facilitate Self-storage Investment Sales Across the Mid-Atlantic region in the US

Colliers is excited to announce that Rob Stockhausen, CCIM, and Albert Hernandez, CCIM, have launched a Self-Storage Team, leveraging their combined experience to deliver superior results for self-storage investment clients. The focus of the Stockhausen-Hernandez Self-Storage Team will be facilitating self-storage investment sales across the Mid-Atlantic region by leveraging extensive market knowledge, transaction experience, and the Colliers global platform. Their services will encompass strategic asset valuation, in-depth market analysis, transaction advisory, as well as marketing and exposure. Stockhausen & Hernandez will represent both buyers and sellers, and their expertise spans…

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…