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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 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…
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.…
The Novato Planning Commission has approved a new self-storage complex, despite neighborhood opposition. The decision on Sept. 8 was unanimous. City staff determined the project is exempt from additional state environmental review. The project does not require City Council approval. The proposed 95,400-square-foot, three-building complex at 501 Davidson St. was opposed by residents in the area, which includes Slade Park. Residents expressed concerns about the buildings’ size, increased traffic, equipment noise and light pollution. “What I’m seeing is a fairly benign use out there,” said Peter Tiernan, a planning commissioner.…
Local owners of Central Access Storage proudly announce the acquisition of the self-storage facility at 4250 Central Avenue, Hot Springs, AR 71913. This facility, managed by Absolute Storage Management (Absolute), features 365 units totaling 48,025 rentable square feet. It offers safe and secure climate-controlled, non-climate unit options to the local communities of Hot Springs, Rockwell, and Lake Hamilton. Six Pillars Storage LLC has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services, and the facility is officially under Absolute’s management as of September 8, 2025. Residents and…
Talonvest Capital, Inc. is proud to announce the successful closing of $19.2 million in financing on behalf of Hanora Investment Group (www.hanoragroup.com), a real estate investment firm specializing in the acquisition, development, and management of self-storage properties, and its institutional joint venture equity partner. The loan is secured by self-storage facilities located in Claremont, CA and American Canyon, CA. Together, the properties have 117,726 net rentable square feet (NRSF) in 785 non-climate-controlled units, 348 non-climate-controlled drive-up units, and 16 locker units. The American Canyon location also offers 125 RV parking…
Uplift Development Group, a Colorado-based real estate development firm specializing in Class-A self-storage assets, today announced its expansion into the Brazos Valley with a new development in Bryan, Texas. The project, named Uplift Self Storage – Bryan/College Station, is a strategic investment in the bustling community surrounding Texas A&M University and the cities of College Station and Bryan. Located at 3168 E. 29th St., the new facility broke ground in March of this year and is slated to open in the spring of 2026. The development addresses a growing demand…
Another self-storage facility is being proposed in Somerset County. Sempre Property Group LLC of Warren is proposing to build a three-story plus a basement, 25,844 square foot self-storage facility with 587 units at the corner of Route 202 North and ImClone Drive in Branchburg. It would be located on the wooded lot before Chubb Way. The Branchburg Zoning Board of Adjustment is expected to hear the application at its Sept. 17 meeting. The applicant is seeking multiple variances as a self-storage facility is not a permitted use in the zone.…
Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company has arranged a $425 million loan on behalf of Centerbridge Partners and Merit Hill Capital for the refinancing of a national portfolio of 78 self-storage properties (“the Portfolio”). Newmark Co-President of Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Nick Scribani and Director John Caraviello secured the financing from Citigroup and Goldman Sachs. The Portfolio totals nearly…
Etude Capital announced today the acquisition of nine self-storage properties comprising over 800,000 net rentable square feet and more than 6,600 units for an aggregate purchase price of approximately $166 million. The properties were acquired from a single seller and are located in Northern and Southern California and Las Vegas, Nevada. The properties will be managed by Extra Space Storage. “We are pleased to add these assets to our national portfolio and expand our West Coast footprint,” said Alex Hansen, Director of Self-Storage Acquisitions at Etude. “This transaction underscores Etude’s…