4 Rivers Property Group, Declaration Partners, and Big Cypress Capital (the “Partnership”) have formed a joint venture to develop Class A self-storage facilities in growth markets throughout the Southeastern US. Concurrently, the Partnership also announced it held its first land closing in Southwest Florida in 2Q 2023. Development on the high-traffic, high-demographic by-right site is anticipated to commence by early 2024 and deliver approximately 12 months later. The Partnership intends to partner with best-in-class third-party operators for leasing and management of each of its projects. The management company for the…

A climate-controlled self-storage facility is the latest business proposing to locate in The Crossings development in Carrollton. Isle of Wight County’s Planning Commission has recommended approval of a conditional use permit that would allow the 75,000-square-foot, three-story building. The submitted site plan calls for access from an extension of Lori Anne Way, a road that will also serve the Publix grocery store slated to anchor The Crossings’ commercial phase, and a Royal Farms gas station. Lori Anne provides right-turn-only access to and from Carrollton Boulevard and also connects to Spadea…

U-Haul® will soon showcase a new retail, moving and self-storage center in Rossford thanks to the recent land acquisition of 4.71 acres off Interstate 75 and north of Sportsman Drive. U-Haul Moving & Storage of Rossford is scheduled to be completed by April 2025. The multi-story facility will include more than 700 indoor climate-controlled self-storage rooms with high-end security features at affordable price points. Customers will have access to trailer and truck rentals, boxes and moving supplies, towing equipment, professional hitch installation, propane and much more. U-Haul acquired the property…

  SecureSpace Self Storage today announced the grand opening of a new self-storage facility, SecureSpace College Point, located in and serving the College Point community in the borough of Queens, New York. The newly built class A facility is strategically located at 131-21 14th Avenue and offers 131,691 square feet of 100% climate-controlled self-storage space with units ranging from 5’x5’ to 10’x30’. Already in the vicinity of dense residential neighborhoods with a substantially below-average self-storage supply of less than 2.5 square feet per capita, the facility is less than two…

  One possible future of the office may be self-storage. Case in point: A for-sale 14-story, roughly 300,000-square-foot Los Angeles office building is being considered as a self-storage conversion opportunity by investors. That’s according to Michael Moore, senior managing director of Newmark, who is marketing the building. The property, near Los Angeles International Airport at 5901 W. Century Blvd., also has fielded interest from hotel owners, apartment owners and investors who want to keep the space as an office. No deal is finalized for the office building. However, the self-storage…

U-Haul® will use its eco-friendly Adaptive Reuse program to convert a former Sunbelt Rentals warehouse at 2069 Watson Blvd. into a full-service retail, moving and self-storage facility. U-Haul Storage at Watson Blvd. is already offering trailer and truck rentals, boxes and moving supplies, towing equipment and more out of a temporary showroom. U-Haul acquired the 4.99-acre property on March 31. In addition to renovating and reusing the existing warehouse, U-Haul will add a state-of-the-art, three-story self-storage building and a separate warehouse for portable moving containers. “Expanding our self-storage footprint here…