Category: Development News

Turnstone Group, a real estate developer and investor, announced that its Fayetteville, Georgia self storage development has been completed and opened in spring 2021. The 55,000 square foot, 100% climate-controlled facility is being managed by CubeSmart. “We’re excited to begin our relationship with CubeSmart. Their expertise in self storage management and operations has already helped our facility in Fayetteville outperform projections,” said Adam Goldstein, who leads the self storage developments for Turnstone. “Fayetteville was underserved by Class A climate-controlled storage facilities, and we look forward to meeting the area’s storage…

A fast-growing Winter Garden-based self storage company wants to expand its nationwide footprint and build a much larger new headquarters. Store Space Self Storage plans to build a new 60,000-square-foot, Class A headquarters on 16 acres it has under contract to buy for an undisclosed price. The land at 560 E. Crown Point Road is currently vacant, with Deepcreek Partners LLC last purchasing the similar parcels for $2.2 million in January 2015, according to the Orange County Property Appraiser. Based on industry standards, the new corporate office space would cost…

Elizabeth Avenue continues its commercial development with the Planning Board’s approval of a 104,700 square foot self storage facility that will sit just up the road from a series of warehouses approved earlier this year. The three-story facility will replace the landscaping business currently at 470 Elizabeth Ave., adjacent to the Somerset Run age-restricted development to the north and east of the site. The board waived for a fence along the property line citing the plan for a significant landscape buffer and setback from the neighboring property. This is a…

Trojan Storage is looking to build a 167,000-square-foot self storage facility in the San Fernando Valley, expanding in a Los Angeles market that is the biggest in the nation in that sector. The firm is planning the complex at 14201 South Paxton Street in Arleta, according to data from PropertyShark. The proposed facility would rise on a vacant lot spanning 2.8 acres. KoBre Holdings, Trojan’s parent company, did not respond to a request for comment. The largest planned structure in the project is a three-story self storage facility that spans 152,280 square…

The William Warren Group has entered the Sacramento, Calif., self storage market with the opening of a 79,671-square-foot facility. This is one of the seven Sacramento properties managed by the company under the StorQuest brand. Completed in late August, the self storage facility was built with the help of $5.8 million in construction financing from Zions Bank. The property is located at 5701 Mack Road and comprises six single-story buildings across 7.5 acres. Storage spaces include climate-controlled units as well as RV and boat parking spaces. Unit size ranges between…

Tulfra Real Estate has received final approval to build a 265,000-square-foot, state-of-the-art storage facility and adjoining parking at 300 Thomas McGovern Drive in Jersey City, it said last week. A groundbreaking will be announced shortly. The price of the purchase was not disclosed. With New York City and downtown Jersey City virtually minutes away, it offers that rare combination of a perfect location in a major distribution center near a high concentration of new residential developments.” Sonny Jumani, CEO of the Rochelle Park-based real estate investment company, said the property is…

The facility will replace United House Wrecking’s sprawling storefront with a use more in keeping with zoning regulations. The stretch of land starting at 535 Hope Street that winds toward the Darien border is zoned for general industrial uses, including manufacturing facilities and warehouses. The original design featured canary yellow siding that drew mixed reactions from board members. Very seldom do applicants address our comments so thoroughly” Instead of having the company’s splashy signature shade everywhere, the Safeguard streetscape will only feature yellow as an accent. Mature trees, when fully…

The Peoria, Arizona Planning and Zoning Commission approved a conditional-use permit request from RKAA Architects Inc. to allow the development of a self storage facility on 5.6 acres near the northwest corner of 75th Avenue and Cactus Road. The project will comprise about 79,700 square feet of interior self storage, along with 60 outdoor boat/RV-storage spaces, of which 35 will be covered. The site is zoned as intermediate commercial and has been used to farm alfalfa for several years. Founded in 1976, RKAA is a full-service design firm that specializes…

RaceTrac Petroleum Inc. will not be developing a gas station and convenience store in Buck Business Park in Arlington after all. It sold the land June 9 to a self storage project developer for $1.43 million. Atlanta-based RaceTrac paid $1.25 million in December 2018 for 3 acres at the split of Merrill and Fort Caroline roads, east of Interstate 295 and the Southside Connector. RaceTrac wanted to develop a 5,411-square-foot gas station and convenience store. It already operates a 4,861-square-foot location developed in 2011 on almost 4 acres at 8240…

Macon-Bibb Planning and Zoning has approved a new business for Eisenhower Parkway. P&Z documents show that the two-story storage unit business will take over the property where Virginia College formerly operated. The business would have two entry points — one from Paul Walsh Drive and one from South Heron Street — as well as security gates in the back. The plans show that there will be 850 self storage units. The facility would be open seven days each week from 6 a.m. to 10 p.m. Office hours would be Monday…