ARCO National Construction’s New England division is partnering with R.J. Kelly to develop a new Class A self-storage facility in Boylston, Massachusetts. Located on a 6.12-acre site with Route 140 frontage and visibility from I-290, the project will include a three-story, 103,000-square-foot facility with 797 climate-controlled units, including 46 drive-up units, plus a 1,000-square-foot office and 19 parking spaces. The project will redevelop an underutilized parcel to serve the greater Worcester market. Read the Full Article Source: New England Real Estate Journal
Category: Featured Home Slider
Commune Capital Sells Self-Storage Property in Bellevue, WA for $50.7M
BELLEVUE, WASH. — Commune Capital has completed the disposition of a self-storage property located at 12399 Northup Way in Bellevue. Premier Storage Investors acquired the asset for $50.7 million. Mike Mele, Luke Elliott, Jim Lewis and Steffan Brown of Cushman & Wakefield represented the seller in the transaction. Built in 2016 on 1.2 acres, the Class A 103,397-square-foot self-storage facility features 988 climate-controlled and drive-up units. At the time of sale, the property was 93 percent occupied. Read the Full Article Source: REBusiness Online
Former Hallmark Warehouse with Extra Space-Managed Storage Listed for $19M
A 14-acre warehouse and self-storage property in Enfield, Connecticut, is on the market for $19 million. Located at 53 Manning Road, the former Hallmark facility includes a 362,600-square-foot industrial building with 244,505 square feet of warehouse space and about 70,000 square feet of self-storage managed by Extra Space Self Storage. The property includes 572 indoor storage units and is being marketed for sale or lease, with potential for a future buyer to operate the storage component or lease it back to the seller. Read the Full Article Source: CT…
Port Richey Self Storage Opens in Pasco County, FL
Port Richey Self Storage has opened a new facility at 7228 Ridge Rd in Port Richey, Florida. The facility offers climate-controlled units in multiple sizes, paved outdoor parking for RVs, boats, trailers and vehicles, 24-hour access, gated entry, security monitoring, online rentals and contactless move-ins. Grand opening promotions include First Month Free, Free Lock and No Admin Fees for new customers. Read the Full Article Source: EIN Presswire
710-Unit Self Storage Facility Proposed in Hillsborough, NJ
Nan Realty Holdings, LLC has proposed a three-story, 103,560-square-foot self-storage facility along Route 206 in Hillsborough, New Jersey. The project would include 710 units, with a mix of climate-controlled and non-climate-controlled drive-up units, plus office space, gated access, covered loading bays and customer parking. Existing structures on the 2.97-acre site would be demolished. The applicant is seeking variances, site plan approvals and waivers, with the hearing set to continue on July 15. Read the Full Article Source: MSN
UpLift Self Storage Opens New Facility in Bryan, Texas
UpLift Self Storage has opened a new facility in Bryan, Texas, adding climate-controlled storage space for residential and commercial customers. The property is located on East 29th Street near Bryan High School and marks another expansion for the operator within the Texas market. The opening reflects ongoing self-storage development in secondary markets, where operators continue to add climate-controlled inventory and focus on early lease-up strategies to support occupancy growth at newly completed facilities. Read the Full Article Source: Community Impact
Indoor and RV Storage Project Proposed in Moses Lake Area, Washington
Our Rock, LLC has submitted plans for a new self-storage development in the Moses Lake, Washington, area. The proposed project includes 63,200 square feet of enclosed mini-storage space and 100 outdoor RV storage spaces on a 6.8-acre site, with construction planned in two phases. The facility would operate as a remote, self-service property with gated access and security monitoring. The proposal reflects ongoing demand for RV and self-storage capacity in growing regional markets, where operators continue to pursue phased development strategies and streamlined operating models. Read the Full Article Source:…
Go Mini’s Franchisee Expands Portable Storage Network in Charlotte, North Carolina
Go Mini’s has opened a new portable storage location in Charlotte, expanding its footprint in the Southeast through franchise operator Mark Nyman, who manages multiple locations across several U.S. markets. The expansion reflects continued growth in the portable storage segment, driven by demand for flexible storage options tied to residential moves, renovations, and commercial use. The opening also underscores increasing competition between portable storage providers and traditional self-storage operators in fast-growing metropolitan areas. Read the Full Article Source: BriefGlance.com
Bineth Group Expands Self-Storage Portfolio in Elizabeth and Pennsauken, New Jersey and Buffalo, New York
Bineth Group and Upper Space Group expanded their self-storage holdings with new facilities in Elizabeth and Pennsauken, New Jersey, and the acquisition of a property in Buffalo, New York. The projects add climate-controlled storage capacity in high-density Northeast markets serving residential and commercial users. Extra Space Storage will manage the two New Jersey facilities, including an 89,000-square-foot property in Elizabeth and an 869-unit site in Pennsauken. The expansion highlights continued investment in self-storage assets near major transportation, logistics, and population centers across the Northeast. Read the Full Article Source: Real…
StorTrack Market of the Month: Chicago, IL
Chicago is a market where the underlying fundamentals tell a subtler story than pricing trends alone would suggest. The market is relatively mature with 12.4 million rentable square feet across 171 facilities and only one project currently under development. Yet despite this scale, Chicago remains structurally undersupplied at just 4.6 square feet per capita, equivalent to only 58% of the national average. To better understand its potential as a self-storage investment, we used StorTrack’s Explorer platform to dig into key market metrics. Market Snapshot for Chicago, IL What makes the current environment…
