New U-Haul Facilities Next to Existing Self-Storage Approved on Spencer Street in Manchester, CT

Town officials approved a plan for U-Haul to expand its presence on Spencer Street with two new storage buildings. The project site encompasses 7.12 acres of land between 77 and 113 Spencer St. in Manchester, next to the company’s self-storage facility and across the street from developments like Connect55+, Squire Village and a planned auto body shop. After receiving a unanimous approval from the Planning and Zoning Commission at its meeting Monday night, U-Haul plans to construct two buildings: a three-story, 36,419-square-foot retail hub and customer storage facility located along…

County Planners Approve Proposal for Self-Storage Business in Frederick County, MD

A self-storage unit business received Frederick County Planning Commission approval on Wednesday for a new facility planned near Adamstown. The project is for 44,000 square feet of indoor storage space on a 6.7-acre site at Stanford Industrial Park on Winchester Street, according to county documents. The plan submitted by 29 Stanford LLC, the applicant, is for four buildings. The main building would be 4,000 square foot and one story. The plan calls for two additional two-story buildings each with 16,000 square feet of storage. There would also be an 8,000-square-foot…

National Storage Partners Unveils New Brokerage Brand And Leadership Team

Founding member Hans Hardisty, CCIM, MBA welcomes national directors Nicholas J. Malagisi, SIOR and Connie Neville, JD to the executive team.” National Storage Partners is thrilled to announce the launch of its new brand and the formation of an exceptional leadership team dedicated to providing unparalleled brokerage and consulting services in the self-storage industry. Founding member Hans Hardisty, welcomes national directors Nicholas J. Malagisi, SIOR and Connie Neville, JD to the executive team. Each of these industry leaders brings a wealth of experience, positioning National Storage Partners as a premier…

JLL Capital Markets Led the Financing Efforts for Liberty Storage Center in Jersey City, NJ

JLL Capital Markets announced today that it has arranged construction financing for Liberty Storage Center, a 103,530-square-foot, to-be-built self-storage facility in Jersey City, New Jersey. JLL worked on behalf of the borrower, Tulfra Realty Company, to secure the construction loan with Fulton Bank, NA. The property will be leased and managed by Public Storage. Liberty Storage Center is located at 300 McGovern Dr. in the southern portion of Jersey City, the second most populous city in New Jersey. Jersey City has benefited from a nearly 30% increase in residents since the…

FreeUp Storage Announces a Rollout of StoreEase’s Virtual Technology Platform

We’re excited to partner with FreeUp Storage, one of the industry’s top operators, to advance a more efficient and customer-centric operational model. Every rental and service interaction counts. By delivering a consistent Virtual Manager®, extended office and phone hours, and enhanced customer service, this partnership will drive both revenue and customer experience. FreeUp Virtual Managers are leading the way in this transformative approach.” –  Josh Boyd [CEO, StoreEase] FreeUp Storage has announced a strategic partnership with StoreEase to integrate its cutting-edge Virtual Technology Platform across FreeUp’s portfolio. FreeUp Storage received…

SmartStop Self Storage REIT, Inc. Expands Portfolio in the New York Metropolitan Region

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, is pleased to announce the acquisition of two premier Class A storage facilities in the New York Metro region. The first facility, located at 1204 Broad St. in Clifton, New Jersey, encompasses approximately 116,100 net rentable square feet. Boasting a traffic count of approximately 158,800 vehicles daily from State Highway 3 and Broad Street, this prime location is conveniently situated across from a well-established retail store. The property features a three-story building with a…

NexPoint Launches Sixth Storage DST, Continuing Expansion of Firm’s Self-Storage Platform in the US

NexPoint, a multibillion-dollar alternative investment firm, today announced the launch of NexPoint Storage VI DST, a Delaware Statutory Trust (“DST”) offering, which includes two Generation-V (“GenV”), Class-A storage facilities in the Nashville and Washington-Arlington-Alexandria (“Washington DC MSA”) metropolitan statistical areas (“MSAs”). The two GenV storage facilities, located in Temple Hills, Maryland, and Nashville, Tennessee, will be managed by Extra Space Storage, an industry-leading owner and operator of self-storage properties. NexPoint believes both regions present attractive long-term investment opportunities given the favorable demographic qualities. The $45 million offering qualifies for 1031…

StoragePRO Management Inc. Acquires New York-based Self-Storage Management Company Storage Investment Management Inc.

StoragePRO Management®, Inc., “StoragePRO®, the nation’s leading independent third-party property management company specializing in self-storage, has announced that on January 1, 2025, it will acquire New York-based boutique storage management company Storage Investment Management, Inc. (SIMI). This acquisition is a testament to StoragePRO’s commitment to expanding its national management footprint. The acquisition of the SIMI portfolio of 20 managed properties adds 1 million square feet and over 8,700 units to the StoragePRO Management portfolio, bringing their total managed assets to over $2 billion. This growth into twenty new cities and…

A Large Self-Storage Facility is Under Construction in Jersey City, NJ

A new storage facility is rising in the shadow of the Statue of Liberty. Just minutes from Downtown Jersey City at 300 Thomas McGovern Drive, Liberty Storage Center will house 795 self-storage units. Rochelle Park-based Tulfra Real Estate recently announced the closing of a construction loan to fund the project. Tulfra worked with state and city agencies to acquire all necessary permits to build the storage facility on the site of a former concrete plant. When construction is finished, the building will be managed by Public Storage. Senior Managing Directors…

A New Self-Storage Facility Opens in Kimball, NE

A Kimball couple has opened a new storage facility in town. Kimball Self Storage, located at 213 Kearney Street, is owned by Lexi and Riley Haug who moved to Kimball three years ago. Lexi Haug says she has seen the growth of Kimball since moving here and the potential for more growth, so about a year ago, they had the idea to try out a business running a storage unit facility. “We noticed that all the other storage unit facilities appear to have waitlists or are full and working as…