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The three-story, 115,000-square-foot building was developed by Sterling Equities on 2.84 acres at 505 Bi County Blvd. Sterling Equities created the development site by subdividing its 12.12 acres at 500 Bi County Blvd., where it owns a 145,000-square-foot office building that’s nearly 90 per cent occupied. The 953-unit self-storage facility was built on a portion of an underutilised parking lot. The project was headed by Frank Romano from Sterling Equities and Sandy Cohen from the property management firm Wachtler Knopf Equities. The development team included Racanelli Construction, Frank Relf of…

Santa Barbara’s downtown is changing into a neighborhood of small apartments and micro-units, a shift that has created a sudden new need: Storage Units. The Santa Barbara Planning Commission recently approved a complex lot split, transfer of development rights and a development plan to build 760 storage units and 44 micro-units across a city block downtown. “There’s a tremendous undersupply of self-storage,” said developer Greg Reitz, principal of REthink Development. “About three times as much self-storage is needed in downtown Santa Barbara than is currently provided.” The project calls for…

After sitting underutilized for years, the windowless Frontier building at 821 1st Avenue North is finally set to see new life. Plans have been filed with the City of St. Petersburg to redevelop the seven-story, 233,590-square-foot office and data center, which is partially leased by Frontier Communications. The proposed redevelopment includes 41,333 square feet of ground-floor retail space, 137,663 square feet of self-storage, and 54,594 square feet of office space. Originally constructed in 1928 by the General Telephone Company of Florida, the building was expanded in 1967 and 1970. It…

Go Store It Self Storage has opened an 800-unit facility at 1900 South US Highway 17-92 in Longwood, Florida, expanding its footprint in one of Central Florida’s fastest-growing markets. The property, which spans 5.03 acres and offers more than 83,000 square feet of rentable space, serves both residential and commercial customers in the Orlando–Kissimmee–Sanford area. In addition to traditional storage units, the facility offers covered parking at the rear of the property for storing boats, RVs, and vehicles — an increasingly sought-after amenity in the region. The new facility features…

MV Investment has closed on the development of a new climate-controlled self-storage facility in Oxford, MS with Miller Valentine Construction serving as the general contractor. Construction will begin on May 5, 2025, with an anticipated completion date in early 2026.  This three-story facility will feature 862 units designed for durability, security, and energy efficiency. The development is in the heart of Oxford, home of the University of Mississippi. Located inside a high-end retail and commercial service center, this location is conveniently situated at the intersection of two major highways with…