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Published: Thu, 27 Jul 2017 12:25:40 GMT

Last Build Date: Wed, 26 Jul 2017 21:26:00 GMT

Copyright: Copyright © 2009 Virgo Publishing, Inc.
 



Former General Counsel for Self-Storage Operator LifeStorage Joins WZEM Law Firm

Wed, 26 Jul 2017 21:26:00 GMT

Vince Toenjes, the former general counsel and corporate secretary for Chicago-based self-storage operator LifeStorage LP, which was purchased last year by Sovran Self Storage Inc. (now known as Life Storage Inc.), has joined the Atlanta law firm of Weissmann Zucker Euster Morochnik P.C. (WZEM) to serve in its real estate and corporate practice. In(image)



Apple Self Storage Opens 2 New Facilities in Mississauga, Canada

Wed, 26 Jul 2017 20:43:00 GMT

Update 7/26/17 – Apple Self Storage will hold a grand-opening celebration for its Meadowvale location on July 27. The first phase of the facility opened with 800 units and will later expand to 1,300. It employs a staff of four, which will increase once its fully built out, according to the source.(image)



Self-Storage Software Provider SiteLink Enhances Cloud Solution for UK Market

Wed, 26 Jul 2017 20:18:00 GMT

SiteLink, which provides facility-management software and payment-processing services for self-storage operations, has added enhancements to the U.K. version of its cloud-based software and assigned dedicated customer-service representatives to assist the British market. The U.K.-specific product was developed with input from operators in the(image)



Storage Deluxe Faces Residential Opposition to Self-Storage Facility Proposed for New Hyde Park, NY

Tue, 25 Jul 2017 21:53:00 GMT

Storage Deluxe, a Manhattan-based self-storage owner and developer, faces an uphill battle to secure a special-use permit that would allow a facility to be built at 1401 4th Ave. in New Hyde Park, N.Y. The board of trustees tabled the request last week after listening to several residents argue against the four-story project, according to the(image)



Planners Favor Montgomery Development Group Self-Storage Project for Spartanburg, SC

Tue, 25 Jul 2017 21:45:00 GMT

The Spartanburg, S.C., Planning Commission voted unanimously last week to recommend approval for a zoning change on 2.3 acres at 899 E. Main St., which would enable local real estate developer Montgomery Development Group (MDG) to build a self-storage facility. The project would include the conversion of 43,000 square feet of warehouse space and(image)



Proposed Self-Storage Project Moves Forward in Niles, IL

Tue, 25 Jul 2017 21:35:00 GMT

Indianapolis-based self-storage developer Adams French Properties LLC (AFP) intends to build a four-story mixed-use facility in Niles, Ill. The structure at 7421 Waukegan Road would be 50 feet tall, with the top three floors dedicated to storage and the ground floor featuring office and retail space that could serve as a business incubator,(image)



Council Approves Self-Storage for Former Bar Site in Mill Hall, PA

Tue, 25 Jul 2017 07:30:00 GMT

The Mill Hall, Pa., Borough Council this week gave conditional approval for a self-storage facility to be developed on the site of the former Benji’s Bar. JET LLC, which owns the property on N. Water St., plans to build a 40-by-150-foot metal building containing 32 to 38 units in various sizes. The facility is expected to open within four to(image)



Ideal Movers and Storage Seeks Approval to Open Second Location in Deerfield, MA

Tue, 25 Jul 2017 07:30:00 GMT

Ideal Movers and Storage, which operates a self-storage facility in Hadley, Mass., is seeking approval to open a second site in Deerfield, Mass. The plans were recently presented to the planning board by Henry Cropsey, the attorney representing storage owner Brent Banas, during a public hearing, according to the source.(image)



Colorado Springs, CO, Self-Storage Employee Accused of Accosting Disabled Woman

Mon, 24 Jul 2017 22:28:00 GMT

A disabled woman was allegedly struck in the head with a sign on Saturday by a Colorado Springs, Colo., self-storage employee who reportedly told her she was trespassing. Rachel Flanary was walking home from a nearby store when she became dizzy and stopped to rest on the sidewalk in front of Stetson Commons Self Storage on Tutt Boulevard,(image)



Brainerd, TN, Big Lots Store Converted to CubeSmart Self-Storage Facility

Mon, 24 Jul 2017 22:22:00 GMT

Update 7/24/17 – Frogel Properties intends to double the size of the Brainerd CubeSmart self-storage facility when the neighboring Dollar General store closes at the end of August. The $2 million project will add another 280 storage units. Opened in April, the location is already at full occupancy, according to the source.(image)



Planners Reject Self-Storage Development Proposal for Slinger, WI

Mon, 24 Jul 2017 21:59:00 GMT

Update 7/24/17 – Dittmar’s pursuit of a self-storage development in Slinger could be in jeopardy now that the planning commission has rejected a second proposal from him. Dittmar didn’t seek a public hearing for his initial plan on American Eagle Drive and instead petitioned for a conditional-use permit on a 5.41-acre site on the(image)



Stock N Lock Self Storage of Worcester, England, Participates in Hospice Walk-a-Thon

Mon, 24 Jul 2017 21:33:00 GMT

A team from Stock N Lock Self Storage in Worcester, England, is participating in a walk-a-thon fundraiser on Aug. 6 to benefit St. Richard’s Hospice, an independent charity for patients living with life-threatening illnesses. Ryan Kemili, business manager for the storage facility, as well as Toni Hodges-Moore, assistant manager, and Ian(image)



Self Storage Station Buys Parkway Storage in Wilkes-Barre, PA

Mon, 24 Jul 2017 07:30:00 GMT

Self Storage Station, which operates eight self-storage facilities in Northeast Pennsylvania, has purchased Parkway Storage in Wilkes-Barre, Pa., for $1.36 million. The 3.5-acre property at 1266 Sans Souci Parkway comprises 10 single-story buildings containing more than 230 climate-controlled and drive-up units. The site also includes rentable(image)



Storage Express Acquires 2nd Fort Wayne, IN, Self-Storage Facility

Mon, 24 Jul 2017 07:30:00 GMT

Storage Express, which operates 92 self-storage locations in five states, has acquired its second facility in Fort Wayne, Ind. Located at 4501 Newaygo Road, the 50,000-square-foot building recently received several security upgrades, including a new access-control system and video cameras. Storage Express also converted the former management(image)



Real Estate Roundup: Self-Storage Transactions July 2017

Fri, 21 Jul 2017 20:58:00 GMT

Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Following are additional acquisitions and sales that weren’t covered.(image)



Self-Storage Investor Virtus Real Estate Capital Raises $408M

Fri, 21 Jul 2017 19:45:00 GMT

Virtus Real Estate Capital LLC, a real estate private equity firm, has raised $408.5 million, the majority of which will be used for property investments including self-storage. Of the committed amount, $308.5 million is earmarked for Virtus Real Estate Capital II LP (VREC II), while $100 million will be directed into a separate discretionary(image)



State Supreme Court Rejects Homeowners Lawsuit Against Elkhorn, NE, Self-Storage Project

Fri, 21 Jul 2017 19:33:00 GMT

Update 7/21/17 – The Nebraska Supreme Court upheld the Omaha City Council’s August 2015 decision to approve the rezoning and conditional-use permit required for Leise and Redbird LLC to build a self-storage facility near homes in two Elkhorn neighborhoods. The ruling will enable Leise to proceed with construction on a three-story(image)



Woodland, CA, City Council Extends Self-Storage Moratorium to Dec. 31

Fri, 21 Jul 2017 19:00:00 GMT

Update 7/21/17 – Woodland officials this week extended the original 45-day moratorium on self-storage development through Dec. 31, amounting to a ban of more than six months. Though officials speculated last month that the stay could ultimately be imposed for more than a year, Norris told the city council on Tuesday she expects staff to have(image)



Developer Seeks to Build 5-Story Self-Storage Facility on Site of Former McDonalds in Birmingham, AL

Thu, 20 Jul 2017 22:23:00 GMT

Real estate developer Brooks Lumpkin of Lumpkin Development is facing opposition to build a five-story self-storage facility on a former McDonald’s site in Birmingham, Ala. Lumpkin’s variance request for shorter setbacks on the property along 20th Avenue S. and Richard Arrington Jr. Boulevard was denied by the zoning board last week,(image)



SoBe Wine & Self Storage Opens in Miami Beach, FL

Thu, 20 Jul 2017 22:14:00 GMT

SoBe Wine & Self Storage has opened in a historic neighborhood in Miami Beach, Fla., close to commercial, residential and retail. The three-story property at 633 Alton Road contains nearly 1,000 storage units in varying types, including traditional self-storage, temperature-controlled wine storage, covered parking and outdoor bicycle storage.(image)