Category: Development News

Bakke Development and BCDC Break Ground on Self-Storage Project in San Antonio’s High-Growth Alamo Ranch Submarket, TX

Bakke Development and BCDC have started construction on TalleyBak Storage, a 774-unit, three-story, climate-controlled self-storage facility in San Antonio’s rapidly growing Alamo Ranch/West submarket. It marks the eighth programmatic project for the partners as they continue expanding their self-storage development pipeline. “We are proud to continue our partnership with BCDC as we deliver another best-in-class self-storage facility in one of San Antonio’s most dynamic and fast-growing areas,” said Brandt Bakke, VP of Development of Bakke Development. “The demand for climate-controlled storage continues to grow, and we are confident TalleyBak Storage…

The Adelanto Planning Commission Approved New Development of Self-Storage, RV Parking and Offices in Adelanto, CA

The Adelanto Planning Commission met on March 5th and approved a new development that will bring a modern business park, storage facility, and recreational vehicle (RV) parking to the city. The project, spanning 9.68 acres at the southeast corner of Seneca Road and Pearmain Street, just north of Palmdale Road, and west of Highway 395, is designed to serve both business and recreational needs. The development, led by Adelanto Seneca Land, LLC and represented by Mr. Jake Sowder, is not just about storage and parking; it’s a forward-thinking project that…

Three-Story Self-Storage Facility Gets Green Light in Residential Zone in Piscataway, NJ

The township Zoning Board of Adjustment has approved the construction of a three-story self-storage facility in a residential zone on South Washington Avenue. The Board granted preliminary and final major site plan approval with variance and design waiver relief to 900 East 92nd Street, LLC for the approximately 127,722-square-foot building at 1659 South Washington Ave., according to public documents. The 3.71-acre property, which included a home built in 1918, was sold in May 2024 for $2.5 million, according to real estate records. The project includes parking, lighting, stormwater management and…

PSRS Arranges Bridge Loan for Self-Storage Facility Conversion in Los Angeles, CA

The borrower plans to convert a vacant 150,000-square-foot flex property in Los Angeles into a self-storage facility. PSRS has arranged a $38.2 million bridge loan to convert a vacant approximately 150,000-square-foot flex property in Los Angeles into a self-storage facility. Jonny Soleimani and George Gianoukakis of PSRS secured the financing for the undisclosed borrower. The financing included a $12.8 million cash-out refinance, fully funded construction costs and an 18-month interest reserve, providing the borrower with the capital needed for the successful repositioning of the asset. Source

Great American Self Storage Opens a New Self-Storage Facility in Fort Myers, FL

A new benchmark in personalized storage solutions arrives in Fort Myers with the opening of Great American Self Storage. This state-of-the-art self-storage facility combines cutting-edge technology with personalized service. Located at 2984 Storage Bay Drive, Fort Myers, FL, 33905, this 70,000-square-foot facility combines sustainable design, advanced security features, and a suite of customer-centric amenities. “We believe storage shouldn’t be a faceless transaction,” says Facility Manager Cynthia Heisler, who brings over 13 years of industry expertise to the operation. “Our approach centers on building relationships with our customers while providing them…

Family Heirloom Storage Opens New Self-Storage Facility in Chattanooga, TN

Family Heirloom Storage (FHS), (familyheirloomstorage.com), a premier provider of corporate and consumer self-storage and outdoor vehicle parking solutions in the southeastern United States, announced that the Company has expanded to the Chattanooga, TN region, with the debut of Family Heirloom Storage of Chattanooga, a 96,000 square foot storage center configured to provide businesses and consumers with a full complement of self-storage services. Serving as Family Heirloom Storage’s inaugural expansion into a major metropolitan area—as well as the Company’s flagship location in the region—Family Heirloom Storage of Chattanooga encompasses three separate…

Plans to Convert Former JCPenney Building at Gateway Town Center into a Self-Storage in Jacksonville, FL

Buyers of the enclosed mall portion of Gateway Town Center in the Brentwood area are preparing to convert the entire former JCPenney building into an indoor climate-controlled self-storage center. Global Building LLC President Joseph Zummo said Feb. 25 by email that the operator has not been confirmed, “but it will be a well-known and respected brand in the self-storage industry.” He said the two-story building will comprise about 900 storage units and be completed in the third quarter of 2025. The city is reviewing a permit application for an almost…

Moove In Self Storage Opens a New Self-Storage Facility in Norwich, CT

People in Norwich now have another option to store their belongings. Moove In Self Storage’s Norwich location, at 210 Salem Turnpike, which opened in January, is off to a strong start, with 75 out of the 646 self-storage units already rented. In fact, customers wanted to rent spaces online before the Norwich Moove In opened, Property Manager Nancy Francois said. “We’ve been getting a warm reception from the community,” she said. Francois, who grew up in the area and went to Norwich Free Academy, also hopes Moove In will get…

Home and Office Building May be Demolished For a Three-Story Self-Storage Facility in Bridgewater, NJ

A developer has applied to the township to construct a three-story self-storage building at the intersection of eastbound Route 22 and Route 28. Bridgewater Storage LLC, of Teaneck, is proposing to demolish the buildings on the two lots on the 5.43-acre site to build the 120,570-square-foot self-storage facility. The buildings on the site are an 8,000-square-foot vacant office building, a single-family home and Melick’s Towne Farm stand which fronts on Route 28. Bridgewater Storage has bought the office building property for $725,000 and has a contract to buy the residential…

Park Rapids City Council Extends Conditional Use Permit for Self-Storage Business in Park Rapids, MN

The Park Rapids City Council granted an extension of a conditional use permit (CUP) for Northscape Properties LLC to build a multi-phase self-storage and outdoor boat storage business at 1408 Edmond Dr., zoned B-1 highway business. According to the Minnesota Secretary of State’s office, the LLC is registered to Mark Harmon of Nevis. City Planner Ben Oleson said the applicant requested a one-year extension to complete the project. The original permit was granted in March 2024, according to the council’s resolution, which anticipates site work will begin this spring with…