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EZ Werks Storage, a fully automated self-storage facility, is now open in Cypress. The business features 24-hour video recording, smart gates, smart units and individual unit alarms. The new facility offers flexible rental options, including month-to-month leases, online billing and 24/7 access. Opened this fall 17903 Longenbaugh Drive, Cypress www.ezwerks.com Source
Storelocal Storage celebrated the groundbreaking of its newest Storelocal Storage facility in Surprise, Arizona. Guests included Cedar Creek Capital CEO A.J. Osborne, as well as Former Congressman Barry Goldwater Jr., Entrepreneur Ken Pinckard, and TV Personality Tarek El Moussa, along with Surprise Mayor Skip Hall, Councilmember Alyson Cline, and Jeanine Jerkovic, CEcD from the City of Surprise Economic Development Team, were in attendance, signifying the importance of the ceremony. The ceremony introduced Storelocal Storage Surprise, an innovative self-storage facility offering an unmatched experience for customers. The new self storage facility…
The $5 million project will offer 750 temperature and humidity-controlled storage units on Turner Street. Diamond Point Development and The Ardent Companies broke ground on a three-story, 100,000-square-foot self-storage facility at 179 Turner St. on three undeveloped plots next to the Dead River Company complex. The more than $5 million project will be a standout in the Lewiston-Auburn market, offering 750 temperature and humidity-controlled storage units in one location. Developer Jason Sommer said their analysis showed that the Lewiston-Auburn market is “underserved” when it comes to climate-controlled, self-serve storage facilities.…
Gantry secured a total of $17.6 million in permanent loans to refinance a pair of Bay Area self-storage facilities. The life company financings funded the sponsor at $9.5 million for SAF Keep San Ramon and $8.1 million for SAF Keep Hayward, which totals 244,605 square feet of rentable space. Principal Tom Dao and associate Erinn Cooke with Gantry’s dedicated Self Storage Financing Team secured the financing on behalf of the borrower, a private real estate entity. The 10-year loans were sourced from one of Gantry’s correspondent life company lenders and…
StorageMart, a prominent international self-storage company, is pleased to announce the opening of a new facility in Indianapolis, Indiana. This facility, located on East Washington Street, offers 785 units with over 82,159 rentable square feet of climate-controlled self-storage options in assorted sizes. Notable security features include 24/7 video surveillance, PIN entry access, and motion sensor lighting. The newly inaugurated facility simplifies the process of storing items with online and phone reservation options. Plus, the facility will offer moving and packing supplies and allow customers to access their stored items at…
Imagine $700 cash showing up in your wallet every Sunday morning. That is what many self-storage owners are giving up each week because they are not taking ancillary sales seriously. Self-storage ancillary income makes a huge difference in your profits now and when you sell. Let’s run through the numbers for 500 units rented with a turnover rate of 20 units a month $29 admin fee x 20 units rented a month = $580/month Required Tenant Insurance: 500 units rented x 80% penetration x $10 profit/month = $4,000/month $29 late…
Property: Bear Creek Boat & RV Storage Location: Houston, TX Year Constructed: between 1991 and 2012 Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap Acreage: 10.7 NRSF: 103,872 Highlights: The property sits on four parcels Has 11 single-story buildings and157 outdoor parking spaces Video surveillance throughout the property Entrance gate with a digital keycode access Swing doors Crushed concrete driveways Property: Storage King USA Location: Sherman, TX Year Constructed: 2006 Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire…
Janus International Group, Inc. (NYSE: JBI) (“Janus”), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced it has been named to the list of “America’s Most Successful Small-Cap Companies for 2024” by world-renowned Forbes magazine. Janus came in at #24 out of 100 companies included on the list. “I am incredibly proud that through the hard work and dedication of our team, and the loyalty of our customers, we have been recognized as a Forbes top…
On Monday, the Fort Wayne (Ind.) Plan Commission approved plans for a new 101,400-square-foot self-storage facility. The City Council will make a final ruling on whether a community shopping center can be rezoned for commercial use, allowing for the development of Fort Wayne Storage. The Board of Zoning Appeals has scheduled a hearing for the project on Thursday. One plan-commission member and some neighboring office owners oppose the project, claiming it will lower property values. Fort Wayne Storage has three other Allen County locations. The company plans to invest more…
Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, along with their client Metro Self Storage, are thrilled to announce the successful closing of a $10.2 million bridge financing for an award-winning, Class-A self-storage facility in Monmouth Junction, New Jersey. The facility spans 74,794 net rentable square feet and is a mix of climate-controlled and drive-up units. The site demographics are strong, with an average household income of $170,000 and a 5-mile trade area that is undersupplied, with only 4.3 net rentable square feet per capita of…
