Author: Shinil Krishnan

Featured Broker: John C. Lindsey

John C. Lindsey graduated from the College of Charleston with a degree in business administration with a commercial real estate development concentration. Licensed since 2008, his only focus has been self-storage as he has explored brokerage, consultation, development and management over the past decade while working on various projects throughout the world. John is a member of the North Carolina, South Carolina, Tennessee and National Self Storage Associations, as well as a former board member of the National Self Storage Association, the NCSSA and former president of the SSASC. John…

Trojan Storage Plans a Project to Combine Apartments with Self-Storage in North Hollywood, CA

Developers typically pitch mixed-use developments as compounds with residential, office and retail elements, Trojan Storage, headquartered in Redondo Beach, has proposed a self-storage compound with nine apartments. The self-storage company filed an application Dec. 1 with Los Angeles City Planning Department to build 227,000-square feet of self-storage with a separate residential component at 7528 North Bellaire Avenue in North Hollywood. The mixed-use residential and storage compound would cover about 4 acres of vacant land around North Bellaire Avenue and Saticoy Street. The storage segment of the proposed compound would comprise…

Mount Laurel Planning Board Approves 1,083-Unit Self-Storage Facility on Route 38 at Union Mill Road, NJ

A Florida developer won the Mount Laurel Planning Board’s approval on Tuesday night for a three-story, 151,008-square-foot self-storage facility on two mostly wooded lots at Route 38 and Union Mill Road. Storage of Mt. Laurel LLC of Boca Raton, Florida received preliminary and final major site plan approval for the 3.88-acre site, which is next door to an existing self-storage operation run by U-Haul Moving & Storage. Board members were unanimous, voting 7-0 in favor of the application. The facility will have a total of 1,083 individual units, ranging in…

Joule Capital Ventures Opens New Self-Storage Facility in Jacksonville, TX

Joule Capital Ventures (JCV) recently opened a new storage facility in Jacksonville, Texas, with an additional acquisition of a nearby building in close proximity. The main facility, Pro-Storage of Jacksonville, is a climate-controlled conversion of an existing distribution center formally owned by Stage Stores Inc. The 125,000 sq ft facility is composed of a single upstairs space encompassing 91,000 sq ft and a downstairs single tenant space of 34,000 sq ft currently occupied by longtime tenant Concentrix, Inc. JCV gutted the entire upstairs portion of the building and made major renovations to…

Popular Loan Products Available to Borrowers – The BSC Group

The BSC Group remains actively committed to offering a wide variety of loan products to our clients. Through constant communication with our network of capital sources we can pinpoint market dynamics related to structure and pricing of debt products available in the ever-changing capital markets. Below is a snapshot of popular loan products available to borrowers currently in the market. CMBS: Rate Range of 7.00%+ The CMBS market remains very liquid and provides for a relatively predictable execution for borrowers with cash flowing assets. The cornerstone attributes of CMBS are…

Facility Maintenance: The Results and Successes it Can Bring

David Alexander, Director of the Facilitate division at Janus International, really knows his stuff when it comes to facility maintenance. With over 30 years of experience, he possesses a wealth of knowledge, and he recently shared some of that expertise at an informative GASSA (Georgia Self-Storage Association) webinar highlighting the topic of “Facility Maintenance: The Results and Successes it Can Bring.” Among the topics discussed were: How to be proactive with facility maintenance What common tasks are and when to perform them When you should outsource vs. DIY How to…

Janus International Group Announces Opening of New Manufacturing Facility in Wrocław, Poland

Janus International Poland – Open For Business! Janus International Group, Inc. (“Janus” or the “Company”), a world-leading supplier of self-storage products and related access control technologies, is thrilled to announce the opening of its brand-new manufacturing facility in Wrocław, Poland. The investment into the state-of-the-art Polish plant marks a significant milestone for Janus and the self-storage industry in Europe. A New Trailblazing Manufacturing Plant The city of Wrocław was chosen as an ideal location to complement Janus’s existing production and distribution centre in County Durham, UK. Wrocław, a vibrant and…

Compass Self Storage Announces the Opening Of State-of-the-Art Storage Center in Acworth, GA

Compass Self Storage, a member of the Amsdell family of companies, proudly announces the opening of their brand new state-of-the-art, Class A self storage center located at 848 Seven Hills Connector in Acworth, Georgia. This location has over 70,000 net rentable square feet and represents the company’s 18th location in the state of Georgia. The newest Compass Self Storage location offers smart lock units on every unit. Customers can use an app on their smartphone (or a key fob) to access the smart lock on their unit, and they never…

Unlocking Alternatives Report – Investing beyond the major CRE Asset Types

Exploring Alternative Investment Opportunities In recent years, alternative sectors have grown into a significant share of Commercial Real Estate (CRE) investment, totaling $289 billion in transaction volume from 2020 to 2023—a 79% increase. During that time period, 39% of capital raised has included alternatives as target sectors. Self storage is driven by a variety of factors including migration (over short and long distances) home downsizing and crossing other life thresholds (college graduation, family formation, marriage and death). Exogenous events, such as the COVID-19 pandemic, can also spur substantial growth in the…

Sentry Self Storage Management Reports Opening of Newest Location in North Boca Raton, FL

  Sentry Self Storage has opened a new self-storage facility in North Boca Raton, offering 93,000 square feet of storage space with state-of-the-art security, climate-controlled units, and additional amenities.” Sentry Self Storage, a leading provider of self-storage solutions, today announced the grand opening of its new state-of-the-art facility in North Boca Raton. The new facility offers 93,000 square feet of rentable storage space, as well as a variety of features and amenities designed to meet the needs of both residential and commercial customers. The new Sentry Self Storage facility is…