Category: Self Storage News

StowAway Climate Control Storage Expands With Two New Climate-Controlled Buildings in Fulton, Texas

StowAway Climate Control Storage, a trusted self-storage provider in Fulton near Rockport, proudly announces the addition of two new climate-controlled buildings. This expansion reflects the company’s commitment to delivering secure, temperature-regulated storage solutions to meet the growing needs of the Coastal Bend region. The two newly constructed climate-controlled buildings also introduce convenient drive-up access, allowing customers to load and unload directly from their vehicles. The facility also offers on-site packing supplies—boxes, tape, and more—to protect belongings during storage. Friendly, knowledgeable staff are available to guide customers every step of the…

SurePoint Development LLC Begins Construction in Rosharon, Texas

Clint Wynn, Robert Loeb, Jeff Bailey, and Brian Cisarik of SurePoint Development are pleased to announce that construction has begun on their latest self-storage development in the Houston area. Located in Rosharon on FM 521 just south of Sienna Parkway, the single-story Class A facility will feature 95,000 rentable square feet of climate controlled and standard storage units, complementing SurePoint’s 102,000 square foot property which opened in 2021 within Sienna, a Johnson Development master-planned community. Opening in the spring of 2026, this project will be their eighth in the Houston…

MMCC Secures Financing for Self-Storage Construction Project in Homestead, Florida

Marcus & Millichap Capital Corp. (MMCC) has secured $14.5 million in construction financing for the development of a 1,038-unit self-storage facility at 1995 N.E. 8th St. in Homestead, about 32 miles south of Miami. The 135,800-square-foot property will operate as an Extra Space Storage facility. Robert Bhat of MMCC’s Miami office arranged the five-year loan through a local bank on behalf of the borrower, an undisclosed self-storage developer. The loan features a floating interest rate underwritten as 250 basis points above 1-month SOFR for the first three years with 36…

Developer to Build Self-Storage Lot on Site of Vacant Landfill in Sterling Heights, Michigan

A Warren homeowner says she will move now that officials have given the green light to a developer to build a storage facility on the site of a closed landfill across the street from her home in neighboring Sterling Heights. Nancy Warnars, a licensed counselor and former teacher, recently told the Sterling Heights City Council she is “heartbroken” over their decision to allow the project, which she says will result in methane leaks from the former dump. “My patience is absolutely gone for people who disrupt our environment,” she told…

New Self-Storage Facility Opens in Ferguson Township, Pennsylvania

One of several new self-storage facilities planned around the State College area recently opened its doors. Brickwork Self Storage, 222 Science Park Road in Ferguson Township, offers 560 climate-controlled units in a various sizes, from compact 5-by-5 units to large 10-by-31 units, as well as drive-up units with power access. Developed by Roeshot Construction of State College and managed by Storage Asset Management, the three-story, 72,000-square-foot facility utilizes keypad entry, 24/7 recording security cameras, on-site management and a smart entry system that allows renters to open their storage units with…

Affinius Capital Provides Refinancing Loan For Self-Storage Portfolio in New York City

Affinius Capital has provided a $120 million loan for the refinancing of the Prime NYC Self-Storage Portfolio, a collection of three self-storage facilities totaling 7,230 units in New York City. The names and addresses of the properties, which exclusively offer climate-controlled space, were not disclosed, but the locations span Brooklyn, Queens and The Bronx. Drew Anderman of CBRE arranged the loan through Affinius Capital on behalf of the owner, Prime Group Holdings. Miami-based lender 3650 Capital provided an undisclosed amount of junior mezzanine financing for the deal. Source

NexPoint Fully Subscribes $45 Million Self-Storage DST

NexPoint, a multibillion-dollar alternative investment firm, today announced that it has fully subscribed its NexPoint Storage VI DST, a Delaware Statutory Trust (“DST”) offering. The offering has reached its total goal of $45 million in equity raised since its launch in January. NexPoint Storage VI includes two GenerationV (“GenV”), Class-A storage facilities located in Temple Hills, Maryland, and Nashville, Tennessee. Both properties are managed by Extra Space Storage, a leading third-party manager of self-storage properties in the United States. The properties benefit from being accessible to stable-growth metropolitan statistical areas.…

Spartan Investment Group Completes Self-Storage Facility in Oak Harbor, Washington

Spartan Investment Group, along with its in-house development team Spartan Construction Management, has completed FreeUp Storage Oak Harbor, a ground-up self-storage project at 33650 State Route 20 in Oak Harbor. The 78,920-square-foot facility offers 583 units across eight buildings. FreeUp Storage, Spartan’s owned and operated brand of self-storage facilities, will manage the property. Source

Porterville Storage Expands: Provides Self, Boat, RV Storage in Porterville, California

Porterville Storage has opened the doors to its brand-new facility, bringing with it not only expanded storage options but also a customer-first philosophy that it says sets it apart in the industry. Now located at 310 W. Gibbons Ave, the new property offers more space, upgraded amenities. For Gerri Perez, Marie Affoon and their team, storage is more than just a business, it’s about helping people at important moments in their lives. “Most of the time, when people need storage, it’s not because they want it, it’s because they have…

Another Self-Storage Facility Approved For West Main Street in Stamford, Connecticut

A new self-storage facility was approved by the Stamford Zoning Board after additional design upgrades were made to a previous plan that board members found unappealing. Extra Space Storage gained the go-ahead 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 4-acre site, which is near the Greenwich border. The self-storage company added some additional design features to the structure since it was first proposed earlier this summer.…