Category: Development News

Extra Space Storage in Crystal Lake is looking to expand its existing facility with three more climate-controlled buildings. The self-storage facility at 201 S. Virgina Road is looking to build a large center building of almost 21,000 square feet, along with two smaller buildings that will have drive-up exterior access. All three buildings will be climate-controlled, owner Clint Kleepe said. Kleepe appeared before the Crystal Lake Planning and Zoning Commission recently seeking approval for a preliminary and final planned development, as well as a special-use permit, for a self-storage mini…

Safeguard Self Storage, a leader in providing state-of-the-art self-storage solutions, is excited to announce its third self-storage development in the State of Connecticut. The property, located at 2680 North Avenue in Bridgeport, was purchased in March 2023 and opened its doors on schedule to the surrounding community and neighborhood on January 13, 2026. The facility is in close proximity to Fairfield and is comprised of 1,263 units and 90,350 net rentable square feet. Designed to serve a dense and diverse urban population, the property offers a wide range of unit…

Great American Storage®, a leading developer and operator of Class-A self-storage and specialty storage facilities, is proud to announce the upcoming grand opening of Great American Self Storage of Stratford, a new, state-of-the-art storage facility located at 76 Berlin Road. The facility is scheduled to open on January 12th, 2026, bringing modern, secure, and accessible storage solutions to Stratford and surrounding South Jersey communities. Developed in partnership with RSG Development, the three-story, 107,100-square-foot Class-A facility features 814 total storage units, including 779 interior climate-controlled units and 35 drive-up, non-climate-controlled units…

Hernandez Development has opened Carol Stream Self Storage, a 71,510-square-foot self-storage facility with 625 units in suburban Chicago. The three-story building includes 36 drive-up units. CubeSmart will manage the property. G.A. Johnson & Son served as the general contractor. Source

CrownPoint Group Inc. is bringing a new self-storage facility to Middlesex County, seeking to leverage the region’s fast-growing housing stock as it expands its footprint in the asset class. The firm said the project, located at 696 Old Bridge Turnpike in South River, will serve an area that already includes more than 1,000 apartments around the site and another 218 that are on the way. That’s poised to fuel demand for storage units that it will provide at the three-story, climate-controlled facility, which will soon rise at the busy Route…

Boardwalk Development Group (BDG) announces the receipt of a Certificate of Occupancy for its Class A, climate-controlled self-storage development in Dorchester County, SC. This marks BDG's first ground-up development project in South Carolina. Boardwalk Storage – Summerville is located at 165 Quality Drive in Summerville, South Carolina. This asset offers 127,050 gross square feet of climate-controlled storage units. It is strategically positioned in a high-growth area of Summerville, serving the expanding needs of residents and businesses in this vibrant Lowcountry community. The facility provides convenience and ground-level access for a…

Glacier Global Partners and Next Century Self Storage today announced the formation of a strategic joint-venture partnership focused on the programmatic acquisition, management, and long-term value creation of self-storage properties. The partnership aligns Glacier Global Partners’ institutional investment platform, capital markets expertise, and structuring capabilities with Next Century Self Storage’s sourcing, operating, technology-enabled operating efficiencies, and hands-on asset management strengths. Together, the firms intend to pursue a scalable and disciplined self-storage acquisition strategy across select US markets. “This partnership reflects Glacier’s strategy of expanding its investment platforms by backing best-in-class…

Wentworth Property has secured $73.3 million to acquire a portfolio of 13 self-storage assets that include more than 7,100 units and almost 840,000 square feet spread across the U.S., Commercial Observer has learned. Madison Realty Capital provided the acquisition financing, while CBRE’s Tom Rugg, Tom Traynor and Arman Samouk arranged the transaction, sources said. The self-storage properties within the 13-asset portfolio are all stabilized, according to a source close to the deal. The locations of the 13 properties were not disclosed. Wentworth Property was founded in 2005 and is based…