Trojan Storage is planning to include 27 residential units in a 200,000-square-foot development anchored by a self storage facility at 13260 West Maclay Street in the San Fernando Valley district of Sylmar, according to a report from Urbanize, citing city planning documents. Plans call for the storage units to be surrounded by a mix of one-bedroom and two-bedroom apartments, all set to be market-rate. The complex will also include 78 parking spaces. Self storage would take up around 150,000 square feet of space at the new complex, which is set…
Category: Development News
Maumee Passes Moratorium on New Storage Facilities
During a special meeting Thursday, Maumee City Council passed a temporary moratorium on mini-warehouse facilities in the city, halting the approval of any permits, plans and applications for new construction. Jerry Sawicki, co-owner of a property that was planned to be sold and developed for the expansion of a self storage business, said the passage of the moratorium was underhanded and nontransparent. “It’s unconscionable to spring this,” he said. “It’s wrong to deny us what is otherwise a permitted use under their own zoning code.” The property that Mr. Sawicki co-owns…
New Apple Self Storage Facility Now Open in Leamington
Apple Self Storage opens a new self storage facility in Leamington, Ontario. Apple Self Storage-Leamington is a newly built facility conveniently located in the Leamington Medical Village at 197 Talbot St. W., Unit 500, Leamington, ON. The brand new construction was purposefully built to provide residents in the area with a state-of-the-art self storage experience. This new Apple Self Storage location offers 40,000 square feet of indoor, ground-floor self storage space with unit sizes ranging from 5’x5′ to 10’ x 25’ and an indoor loading bay to keep you warm and your…
Bernardston Planning Board to Consider Proposed Construction of Ten Self Storage Buildings
The Planning Board will consider a Las Vegas-based company’s proposal to construct 10 self storage buildings on two Northfield Road lots during a public hearing on Thursday. The hearing will begin at 6 p.m. in Town Hall. Pending approval of a special permit from the Planning Board, Patriot Holdings LLC plans to build 10 metal self storage buildings at 107 and 111 Northfield Road (Route 10). According to Planning Board Chair Christina Slocum-Wysk, the lots are between the Dollar General store and The Heirloom Collective marijuana grow facility in the…
Talonvest Secures $11.1 Million Construction Loan for NY Development
Talonvest Capital, Inc., a boutique self storage and commercial real estate mortgage brokerage firm, structured an $11,100,000 construction loan on behalf of GoodFriend Self-Storage and their institutional joint venture equity partner, whom Talonvest had previously sourced, to finance the development of a Class A, state-of-the-art self storage facility on a 2.21-acre site in Bedford Hills, NY. Upon completion, the architecturally attractive storage facility with 68,314 net rentable square feet in 691 units will appeal to today’s high-end consumer. The construction loan was funded by a national bank and features a…
SmartStop Self Storage REIT, Inc. Opens Newly Constructed Facility in the Greater Toronto Area
SmartStop Self Storage REIT, Inc., a self-managed and fully-integrated self storage company, today announced the opening of a newly constructed self storage facility in Scarborough, Ontario, Canada in partnership with SmartCentres (TSX: SRU.UN). This is SmartStop’s 19th owned or managed location in the Greater Toronto Area (GTA), and 159th property in North America. The ground-up, five-story development is located at 799 Milner Avenue in the Scarborough community. This prime location provides visibility from Highway 401, North America’s busiest highway, as well as Morningside Avenue. This facility serves the communities of Morningside, Malvern, Dean…
StorQuest Self Storage Expands Reach in the Brooklyn Market
StorQuest Self Storage, a dynamic brand with a commitment to innovative solutions and an industry-wide reputation for exceptional guest service, is excited to announce the expansion of its national reach. The newly developed state-of-the-art facility, located at 155 King St., marks the second StorQuest location in Brooklyn and the tenth facility in the Empire State. Built with the highest standards in self storage design, this best-in-class facility is strategically located on the west edge of Brooklyn in the bustling Red Hook neighborhood that overlooks the Statue of Liberty. It’s approximately two…
Coming to Gillette: U-Haul Developing Land for New Store by 2023
A new U-Haul® retail, moving and self-storage facility is coming to an undeveloped site at 1125 Boxelder Road in Gillette. U-Haul Moving & Storage of Gillette is scheduled for completion by 2023. Plans call for an attractive three-story structure encompassing more than 100,000 square feet. The store will offer 700-plus indoor, ADA-accessible self-storage rooms with climate-control options and high-tech security features at affordable price points. “Our closest U-Haul-owned and -operated facility to Gillette is over 100 miles away in Casper,” said Paul Johnson, U-Haul Company of Wyoming president. “Opening a convenient self-move facility with state-of-the-art storage is important to…
Davis Co. Presses Ahead with 17-Story Chelsea Self Storage Facility
The Davis Companies (TDC) announced that, following its acquisition of 155 and 165 West 29th Street in Chelsea, it has completed demolition of the existing buildings on the site and plans to construct a 17-story self storage facility. The Davis Companies acquired two adjacent industrial properties at 155 & 165 West 29th Street from the Moshel and Garfinkel families for a total of $62.5 million earlier this year. Over the summer, construction financing totaling $84 million was provided by Santander Bank, N.A. and United Overseas Bank. Construction is anticipated to be…
Self Storage Firm Plans 140,000 Square-Foot Complex
A Dallas-based self storage developer is planning to build its second complex in Los Angeles, which continues to see strong demand for properties in the sector. Baranof Holdings is proposing a 142,000-square-foot self storage facility at 1810 Venice Boulevard in Pico Union, according to city planning documents. The seven-story building will store household goods, according to the filing, and will include 1,527 storage units, as well as 24 parking units and 30 bicycle parking spots. L.A. is the largest self storage market in the country, attracting $92 million in self…
