U-Haul is revealing plans for a former Kmart building at 1005 E. Columbus St. in Kenton that it purchased back on February, 9. The 11-acre property is being repurposed for a contemporary retail, moving and self-storage facility as part of the U-Haul Adaptive Reuse program. U-Haul Moving & Storage of Kenton and its 95,000 square feet are currently being converted to provide customers access to 720 indoor climate-controlled self-storage units with high-tech security features at affordable price points. While the building makeover takes place, DIY moving products like truck and…
Category: Development News
MegaCenter USA is Offering Premier Self-storage Unit Rentals and Office Space in Brickell, Miami, FL
This moving season, Megacenter USA is all set to meet the diverse needs of its clients, offering its safe, secure, and flexible Self-storage Unit Rentals and Office Space in Brickell, Miami – Florida. Whether someone is moving, operating a business, or just needs a seasonal storage space, MegaCenter USA’s Brickell, Miami location would be an ideal place to fulfill their needs. MegaCenter USA storage rental provides optimal solutions for those in transition, whether they’re downsizing to a sleek Miami apartment or expanding their business operations in the Magic City. With…
New Self-Storage Facility to Open in Redmond, OR
Ironside Storage is pleased to announce its new, state-of-the-art self-storage facility in Redmond, Oregon will open May 15. The facility, located at 2260 SW 6th St near Redmond Municipal Airport, features a total of 549 storage units encompassing 79,198 rentable square feet. The facility was designed by Designhaus Architects, based in Auburn Hills, MI, and developed by BECON Civil Engineering & Land Surveying, based in Bend, OR. Uprite Construction from Irvine, CA, oversaw the construction. The operations will be managed by West Coast Self-Storage Group, headquartered in Everett, Washington. Ironside…
U-Haul Moving & Storage of South Goldenrod is now Open in Orlando, FL
U-Haul Moving & Storage of South Goldenrod sits on 2.08 acres and offers 664 indoor climate-controlled self-storage rooms and 22 drive-up units, all of which include high-end security features at affordable price points. Storage customers can utilize drive-in spaces for covered load/unloading to have shelter from the weather. Customers also have access to moving trucks, boxes, moving supplies, retail self-checkout and more. U-Haul acquired the property on April 26 after having agreed to buy it from Golden Storage LLC® in the final stages of development. Normal business hours are 8…
JV Secures $18 Million Loan for Hialeah Self-Storage Build in Hialeah, FL
Hialeah Storage Associates, an affiliate of H&M Development and Blue Vista Capital Management, has obtained an $18 million construction loan from Old National Bank for a self-storage facility. The project will be built on a two-acre site at 2401 W. Okeechobee Road. The S. Florida Business Journal reports that the developer purchased the land for $5.58 million in 2023. Subsequently, it received an okay from the area planning agency for a 113,000-square-foot facility that can go three stories high and have 1,025 climate-controlled storage units. Kenneth Carlson will be…
Talonvest Capital Negotiates $16.8 Million Full Capital Stack for a Self-Storage Development in Magnolia, NJ
Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, and Nuvo Development are pleased to announce a successfully tailored full capital stack which includes pari-passu joint venture equity investment as well as construction financing for a class A, self storage development in Magnolia, New Jersey. The site is centrally located in the core of a strong residential suburb of northwest NJ, a few miles southeast of Philadelphia, with a population of 102,000 in a 3-mile radius. Gary Cardamone, Chief Executive Officer at Nuvo, commented, “We couldn’t be…
True Storage Opens its Third Self-Storage Development This Year in Wilbraham, MA
True Storage opened its third self-storage development this year located at 2201 Boston Rd. This completion marks the company’s first ground-up completion in 2024, and their second multi-story new build in Massachusetts. The design build self-storage developer bought the acreage on Boston Rd. in 2022 and completed the two-story build earlier this month. This class A self-storage ground up features True Storage’s expertise in development of storage facilities that serve a public need. Day-to-day operations will be managed by Extra Space Storage, while True Storage retains ownership of the property.…
Stack And Store Opens 2nd Bel Air Site, Marking the 8th Location in Harford County, MD
Family-owned Stack and Store has opened its 2nd new 100,000-square-foot self-storage facility in Bel Air, making it the 8th store in Harford County with high-tech features. The state-of-the-art self-storage unit officially opened on April 30 at 726 Belair Road off Route 1. The facility offers climate-controlled units, site fencing, 24-hour surveillance, an on-site resident manager, 18 different-sized units, and 24-7 support. Customers can access the site via an electronic keypad with a personalized code or a mobile app. Alarmed units also are available. There are 697 leasable units with large…
Terrydale Capital Sources $3,695,000 Refinance for a Self-Storage Development in Kings Mountain, NC
Terrydale Capital, a trusted name in the real estate financing industry, is pleased to announce that Cody Baker, Vice President of Self-Storage, has arranged a loan of $3,695,000 for the refinance of a self-storage development project in Kings Mountain, North Carolina. The buyer has requested to remain anonymous. Through one of Terrydale Capital’s correspondent banking relationships, Baker was able to secure a 13% interest rate, full term interest only for 2 years. Terrydale Capital is dedicated to providing personalized financial solutions that meet the unique needs of their clients. With…
SecureSpace Announces Opening of New Self-Storage Facility in Los Angeles, CA
SecureSpace Self Storage today announced the grand opening of a new self-storage facility, SecureSpace Santa Fe Springs, located in and serving the city of Santa Fe Springs, CA. The newly-built Class A facility is strategically located at 11212 Norwalk Boulevard and offers 96,471 square feet of 100% climate-controlled self-storage space, with units ranging from 5’x5′ to 20’x25′. The facility sits on the heavily trafficked Norwalk Boulevard, where 24,000 vehicles pass by daily. The dense residential area is undersupplied, and the two closest alternative facilities do not offer climate-controlled units. SecureSpace…
