Office-To-Storage Conversion Proposed at 60 Federal Street, San Francisco, CA

Planning permits have been filed for the conversion of a four-story office building into a self-storage facility at 60 Federal Street in SoMa, San Francisco. The complex has served as a facility for the Academy of Art University for over a decade. Seattle-based Tourbineau Real Estate Partners is listed as the property owner. The structure features five floors and two basement levels. Conversion will turn 94,650 square feet of office space into 83,935 square feet for self-storage. Parking is included for eight cars with two loading spaces. Arclogica Architects is…

Additional Self-Storage Proposed Off West Main Street in Stamford, CT

Another large storage facility could be coming to the west end of Stamford. Extra Space Storage is planning to build a 61,077-square-foot, three-story structure off West Main Street at Commerce Road, with 522 storage units. Three other large storage facilities operated by ESS are already located on the same four-acre site, which is near the Greenwich town border. “The self-storage business has been in high demand in Stamford,” said Jason Klein, an attorney representing the project, at a recent meeting of the city Planning Board. Klein noted that the site…

New Business To Offer Self-Storage, Camping, and Moving Rentals in Hollywood, AL

Chuck and Paula Stone, along with family members Charles Stone, Chris Bell, and Darlene Bell, are turning a portion of 76 acres they own in Hollywood into a new business venture. “The multi-purpose plans for the property have several phases. We are in Phase 1 right now,” said Chuck. Phase 1, now completed, was clearing the property and building a 24/7 access, 80-unit storage facility named My Stuff Storage. The storage units consist of 40 – 10 x 15 units, 20 –10 x 20 units, and 20 – 10 x…

Proposed Self-Storage Facility on College Highway Gets Favorable Response From Planning Board in Southwick, MA

After over two years of fits and starts on a proposal by two Southampton-based developers to build a self-storage facility on College Highway, the project was essentially greenlighted by the Planning Board after a public hearing on the proposal Tuesday night. “This is a great replacement project than what was originally before us,” said Planning Board Chair Jessica Thornton after the facility’s designer, architect, and one of the developers presented its updated plan to build a 34,800-square-foot two-story building between O’Reilly’s Auto Parts and Pioneer Valley Trading Co. on College…

County Supervisors Vote 3-2 to Approve Splitting Auto Shop From Self-Storage Off Brewers Neck Boulevard, VA

Isle of Wight County supervisors voted 3-2 on June 5 to approve a landlord’s request to subdivide the former Knox Automotive property off Brewers Neck Boulevard. Star Caviar LLC, which last year purchased the property from John and Ann Knox for $1.7 million, had filed an application seeking a waiver of a provision of the county’s subdivision ordinance to split what is now Classic Collision, a national automotive chain, from an adjoining self-storage business on the 3.5-acre parcel. Doing so would create two conditional, limited industrial-zoned parcels, one measuring 1.8…

New Self-Storage Facility Opening in Bensenville, IL

LSC Development, LLC is excited to announce the grand opening of a new self-storage facility located at 1180 Irving Park Rd in Bensenville, IL. The property is strategically located at Irving Park Road and IL Route 83, just over a mile west of O’Hare International Airport, providing excellent visibility and access from both Irving Park Road (with an Annual Average Daily Traffic of 29,300) and Route 83 (45,500 AADT). It caters to residents of Bensenville, Itasca, Wood Dale, Elk Grove Village, Addison, Elmhurst, Northlake, Franklin Park, and other nearby western…

Affinius Capital Originates $33.5 Million Loan to Refinance Storage Portfolio Located Across 7 Markets in Five US States

Affinius Capital LLC announced today the origination of a $33.5 million refinancing loan for a 10 Federal self-storage portfolio, which includes 13 self-storage facilities spanning 3,600 units across five states. Properties in the geographically diversified portfolio are located in Colorado, Georgia, North Carolina, Texas, and Tennessee. The loan will support the portfolio’s ongoing lease-up efforts and operational stabilization. Affinius Capital Senior Vice President Tyler Figley commented, “This transaction represents a compelling opportunity to expand our presence in self-storage, a growing asset class that adds meaningful diversification to our portfolio. We…

Ottawa Plan Commission Backs Self-Storage Facility as Potential Gateway to North Side Development in Ottawa, IL

The Ottawa Plan Commission recommended approval of a conditional use permit for a self-storage facility on Etna Road, the potential first phase of a larger 28-acre development planned on the city’s north side. Sean Garrett, project developer at Columbus Development Co., is under contract for the 4.5-acre storage site and holds an option on the remaining acreage. Garrett gave a presentation to planning commission members on Tuesday night, explaining the facility would serve as a possible starting point for a long-term plan that includes professional offices, medical offices, banks and…

Self-Storage Facility Proposed For Former Public Works Building in La Salle, IL

The future development of the former La Salle Public Works Building, at 500 2nd St., remains in the hands of the city council. President of Glenstone Development Nathan Watson, the former president of CL Real Estate Development, presented a plan to redevelop the property. Watson proposed selling the historic building for $260,000 and redeveloping the property into a coffee shop with potential drive-thru access, a sales office with co-working space, and climate-controlled self-storage. The building was originally constructed as a car dealership and later repurposed into the city’s armory during…

A New Self-Storage Facility Planned at Alhambra Boulevard, East Sacramento, CA

Project plans have been filed for a six-story self-storage complex at 1125 Alhambra Boulevard in East Sacramento. The development would replace a small retail center with the imposing facility within view of the Capital City Freeway. Texas Investment Company LLC is the project sponsor. The 74-foot-tall structure is expected to create 1,591 storage units across roughly 211,200 square feet and 5,000 square feet of commercial retail space. Four retail shops will be added along Alhambra Boulevard. Parking will be included for five bicycles, with space for two loading spaces. Sullivan…