Author: Shinil Krishnan

Did You Know Six Acres of Land Can Make You Wealthy?

Six acres of land is often what it takes to build an 80,000-plus-square-foot self-storage. Once built and full it is typically worth several Million plus more than cash in the project and a healthy six-figure yearly income. Hard-to-beat self-storage returns and limited owner hours. If you want to spend ZERO time and want a great investment why not consider a partnership with a Storage Authority Franchise owner? You put in the land, they put in $1,000,000, and do all the development work to get designs and approvals and build the…

West Coast Self Storage Opens Storage Facility in San Diego County, CA

We’re thrilled to introduce West Coast Self-Storage to the vibrant Del Sur community. It’s our privilege to provide the residents here with a superior storage solution that combines top-notch security, climate-controlled units, and a range of sizes to meet their needs. We can’t wait to be a part of this neighborhood and offer a storage experience that exceeds expectations.” – Aaron Potter, Regional Manager for West Coast Self-Storage West Coast Self-Storage has announced the grand opening of its latest storage facility, West Coast Self-Storage Del Sur, located at the intersection…

Featured Broker: The de Jong I Becher Self Storage Team

The de Jong I Becher Self Storage Team is bi-coastal with offices in CA, WA, NV, PA and NJ and works on self-storage transactions nationwide. The team has a combined 30+ years of self-storage brokerage experience and has completed well over $1 billion in self-storage sales transactions for clients big and small, from institutional capital partners to REITs to family trusts. As part of the Colliers global platform our clients tap into the global connections and expertise Colliers provides and the dedicated self-storage experience of our team – the best…

Self Storage Facility That’s Arousing Curiosity Opens in December at Danbury, CT

The self-storage facility, which will be operated by Cube Smart, will be a modern, temperature-controlled site” – Jason Sommer, Owner of Diamond Point Development The cinderblock and steel frame building under construction on the city’s west side across the street from the new Caraluzzi’s market is a self-storage site that’s due to open in December. An inquiry about what kind of building is being constructed on that property came to The News-Times as part of a reader-driven feature by Hearst Connecticut Media called “What’s Up With That Place?” where subscribers…

Baranof Holdings Plans a Self Storage Facility in Hollywood, CA

This month the company filed plans to build a seven-story, 168,000-square-foot facility at North Seward Street and North Hudson Avenue, a couple blocks south of Santa Monica Boulevard in central Hollywood.” Hollywood has two sides — the movie industry and everything else. Baranof Holdings, a Dallas-based self-storage developer, plans to serve both markets with a self-storage facility that can hold film and other media — typically video and audio tapes, photographs and hard drives — as well as household goods. This month the company filed plans to build a seven-story,…

4 Rivers Property Group, Declaration Partners and Big Cypress Capital Form Joint Venture to Develop Self Storage Facilities in Southeast US

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…

Recent Transactions: 8.22.2023 – 8.28.2023

Property: StoreEase Capshaw Road Location: Huntsville, AL Closing Deal: $5.6 Million Buyer: Reliant Real Estate Management (operates under Midgard Self Storage) Brokers and Brokerage: Ian Lindahl, Adam Schlosser, Chico LeClaire and Eddie Greenhalgh of The LeClaire-Schlosser Group of Marcus & Millichap Square Feet: 59,150 Highlights: Video surveillance Electric gate with individual keypad access Fully fenced and gated entry 24-hour access Moving carts and dollies Online account management and payment   Property: Route 59 Self Storage Location: Ravenna, OH Brokers and Brokerage: Nathan Coe, Brett R. Hatcher and Gabriel Coe of…

Storage Authority Opportunity with List Self Storage

Ready to explore the Storage Authority franchise? Don’t miss out on this chance to be a part of a dynamic and profitable industry. Hit that play button to learn more about what Storage Authority can offer you! About Storage Authority: Storage Authority is a renowned franchise that empowers individuals to tap into the lucrative self-storage market. With a proven track record and a wealth of industry knowledge, Storage Authority equips franchisees with the tools they need to establish and manage successful self-storage facilities. Contact: Garrett Byrd, Vice President 941-928-1354 (Call/Text)…

Climate-Controlled Self Storage Proposed in The Crossings Development in Carrollton, VA

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 Shares Plans for New Self Storage Facility in Rossford, OH

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…