City Council Approves Rezoning, Permit For Highway 65 Self-Storage Project in Blaine, Minnesota

At its Oct. 20 meeting, the Blaine City Council approved both a rezoning request and a conditional use permit for a proposed self-storage development at Central Avenue in the Community Commercial/Highway 65 Overlay district. The property owner, Farmers Insurance agent Scott Uram, requested the approvals for a three-story self-storage and retail facility. The rezoning from R-1 (Single-Family Residential) to B-2 (Community Commercial) passed 6–1, with Council Member Tom Newland voting no. The conditional use permit passed 5–2, with Newland and Council Member Jess Robertson opposed. Interim Community Development Director Sheila…

Self-Storage Facility Proposed For Former Simon & Schuster Building in Bristol Borough, Pennsylvania

A part of the former Simon and Schuster building on Radcliffe Street in Bristol Borough could become a self-storage facility. Matt McHugh, the attorney for River Group Equities, outlined the concept for the 2207 Radcliffe Street property for Bristol Borough Council last week. The proposal focuses on a section of the 600,000-square-foot warehouse that is situated across from the Radcliffe Court townhomes. The former Simon & Schuster building sits on a 23-acre parcel in what was once a busy industrial area. The project would include 56,000 square feet of indoor…

Talonvest Secures $205.2 Million Financing for Etude Storage Portfolios in Eight Midwest and Sunbelt States

On behalf of Etude Capital and its affiliates, Talonvest Capital, Inc., a boutique commercial real estate mortgage brokerage firm, is pleased to announce the successful closing of two portfolio loans totaling $205.2 million. The portfolios encompass 2.3 million square feet across 31 assets in eight Midwest and Sunbelt states. The Talonvest team responsible for these refinancings included David DiRienzo, Kim Bishop, Mason Brusseau, Ivan Viramontes, and Lauren Maehler. Steven Stein, President of Etude Capital, commented, “These financings are a testament to Talonvest’s experience and market insight, enabling us to secure…