Day: October 9, 2026

STORE Management, a Phoenix-based self-storage operating platform, assumed third-party management of a Class A facility at 15755 32nd Ave N in Plymouth, Minnesota in May 2026, marking the company’s first Minnesota property. The facility, rebranded as STORE on Vicksburg, offers climate-controlled and drive-up units, vehicle storage, heated loading areas, and elevator access. The addition extends STORE’s footprint beyond Arizona and California into the Minneapolis-St. Paul suburban market. Read the Full Article Source: STORE Management

ARCO/Murray has delivered a four-story, 99,600-square-foot self-storage facility in Monroe, Connecticut, developed by Asset Realty & Construction Group and operated by Snapbox Storage. The building contains 679 climate-controlled units, an exterior loading dock, and a 1,000-square-foot leasing office on Monroe Turnpike. The zero-lot-line site required construction coordination to keep an adjacent ALDI store operational throughout the build. The project illustrates the logistical complexity common to infill self-storage development in space-constrained suburban markets. Read the Full Article Source: ARCO Murray

ARCO National Construction’s New England division has delivered a three-story, 103,050-square-foot self-storage facility in Boylston, Massachusetts for R.J. Kelly. The climate-controlled building on a 6.12-acre Route 140 site includes 797 units, 46 of which are drive-up, plus a 1,000-square-foot office and 19 parking spaces. The structure uses metal frame construction with a TPO roof, 800-amp electrical service, and a wet fire suppression system. The project repositions a previously undeveloped parcel into an institutional-grade storage asset serving the greater Worcester market. Read the Full Article Source: NEREJ

Armor Storage has opened a 711-unit facility at 1600 Israel Rd. SW in Tumwater, Washington, with West Coast Self-Storage providing third-party management. The property offers indoor heated and drive-up storage, gated access, and 24-hour video monitoring. Armor Storage SPE-1, LLC developed the project; Site+Plan+Mix LLC served as architect, and HW Engineering handled engineering. The opening adds self-storage capacity to the Tumwater and Olympia market and extends Armor Storage’s South Sound footprint. Read the Full Article Source: PR.com

Andover Properties and Heitman have formed joint ventures to build a national self-storage portfolio, launching with more than 106 properties across 16 states. The partnership will pursue value-add and core-plus investment strategies, with both firms characterizing current market pricing as an opportunity to acquire assets below replacement cost. Additional market expansion is planned. The transaction is among the larger institutional self-storage platform formations disclosed during the current period of reduced new supply and post-pandemic demand normalization. Read the Full Article Source: Yahoo Finance