Shenango Township supervisors in Pennsylvania have approved a conditional use request from Alpha DHZ Properties LLC to build a self-storage facility at 2515 Ellwood Road. The 16-unit structure will be constructed at the rear of an existing AT&T parking lot owned by the same developer, screened by fencing and vegetation. The small-scale project illustrates a broader pattern of self-storage development on underutilized commercial parcels, a dynamic worth noting for those tracking new supply in smaller markets. Read the Full Article Source: New Castle News
Category: Self Storage News
Self-Storage Asset Recapitalized at $15.2M by VOC Partners in Lehigh Valley, Pennsylvania
VOC Partners completed a $15.2M recapitalization of its Lehigh Street self-storage property in Whitehall, Pennsylvania, returning 42% of original invested capital to existing partners while retaining ownership of the asset. The transaction refinanced existing debt and brought in new equity, creating a liquidity event short of an outright sale. The 81,500-square-foot climate-controlled facility comprises 713 units and has reached 58% occupancy since opening in mid-2024. The deal offers a notable example of how self-storage investors can structure returns without divesting stabilizing assets. Read the Full Article Source: PR Newswire (by…
Self-Storage Facility Approved for Three-Story Climate-Controlled Addition in Menifee, California
The Menifee Planning Commission approved an expansion of the Prime Self-Storage facility at Normandy and Berea roads on June 10. The project calls for a three-story, 69,266-square-foot climate-controlled building that will replace part of the site’s existing RV storage area, bringing total facility space to more than 186,000 square feet. Units will range from 50 to 600 square feet with elevator access throughout. The approval points to sustained storage demand in a growing Southern California market and continued industry movement toward larger, climate-controlled assets. Read the Full Article Source: Menifee…
Bethlehem Planning Commission Approves Storage Facility With Operational Conditions in Bethlehem, Pennsylvania
The Bethlehem Planning Commission approved a land development plan for an 84-unit self-storage facility at 2955 Linden St., with the project submitted by Linden Street Self Storage LLC and presented by Storage First CEO Byron Anstine. The facility will offer a mix of drive-up and climate-controlled units in the city’s commercial shopping zone. Approval was granted with conditions addressing vehicle size, fencing, and hours of access. The case is a representative example of the local regulatory process self-storage projects commonly face in smaller urban markets. Read the Full Article Source:…
Self-Storage to Proceed on a Site as Housing Plan Stalls in Cypress Park, Los Angeles
A mixed-use development at 3200 N. Figueroa Street in Los Angeles’ Cypress Park neighborhood has been scaled back, with the 160-unit residential component placed on indefinite hold. Developer Gaw Capital USA pointed to the spread between new construction costs and current multifamily valuations as the deciding factor. The self-storage portion of the project is proceeding and is expected to wrap up by the end of next year. The case underscores a broader dynamic in which self-storage development continues while residential projects face mounting financial barriers. Read the Full Article Source:…
Monster Self Storage Opens its First Location on Shelbyville Road in Kentucky
Monster Self Storage has opened its first Kentucky location on Shelbyville Road in Louisville, with operations managed by Adams Property Group under a third-party management arrangement. The facility includes climate-controlled and drive-up units and offers a fully digital rental process. The opening extends the brand’s Southeast footprint into a new state market along a corridor experiencing residential and commercial growth. It also reflects the continued role third-party management platforms play in expanding regional self-storage brands into new geographies. Read the Full Article Source: The Lane Report
Monster Self Storage Opens First Self-Storage Facility in Louisville, Kentucky
Monster Self Storage has opened a new facility in Louisville, Kentucky, marking its entry into the state. Located along the Shelbyville Road corridor, the property includes climate-controlled and drive-up storage units as well as digital rental and account management features. The opening expands the company’s presence in the Southeast and underscores ongoing self-storage development in growing suburban markets. It also reflects broader industry trends toward technology-driven operations and the use of third-party management platforms to support expansion into new geographic markets. Read the Full Article Source: PR Newswire (by CISION)
Seaside Storage Opens New Self-Storage Facility on Oregon Coast
Seaside Storage has opened a new self-storage facility in Seaside, Oregon, adding 65 heated storage units to serve customers along the north Oregon coast. The facility operates as a largely self-service property with online rentals, gated access, and security monitoring. A planned second phase would add 90 climate-controlled units by 2027, bringing total capacity to 155 units. The development highlights continued self-storage investment in smaller regional and coastal markets, where operators are expanding inventory and introducing climate-controlled storage to address evolving local demand. Read the Full Article Source: USA Today
Hampshire Opens First Self-Storage Development in Yonkers, New York
Hampshire Management Company has completed the redevelopment of a long-vacant property in Yonkers, New York, into its first self-storage facility. The five-story, 164,000-square-foot project includes more than 1,100 climate-controlled storage units and is managed by CubeSmart. Previously occupied by restaurant and entertainment uses, the site had remained vacant for more than 15 years before being converted to self-storage. The project reflects the continued use of adaptive reuse strategies within the self-storage sector, as developers repurpose underutilized commercial properties to meet storage demand in densely populated urban markets. Read the Full…
SurePoint Breaks Ground on 861-Unit Storage Facility in The Woodlands, Texas
SurePoint Development has broken ground on a new self-storage facility in The Woodlands, Texas. The project will include 861 units and approximately 90,000 net rentable square feet of climate-controlled storage space within The Woodlands Town Center. Extra Space Storage will manage the property, which is scheduled for completion in spring 2027. The facility will be SurePoint’s 10th location in the Houston area, reflecting continued self-storage development activity in growing suburban markets and ongoing demand for climate-controlled storage inventory. Read the Full Article Source: REBusiness Online
