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Published: Mon, 23 Jan 2017 04:39:26 GMT

Last Build Date: Fri, 20 Jan 2017 21:14:00 GMT

Copyright: Copyright © 2009 Virgo Publishing, Inc.

Self-Storage Project Could Supplant Popular Wildflower Field in Temple, TX

Fri, 20 Jan 2017 21:14:00 GMT

A self-storage project proposed by real estate developer Donald Jones would supplant a popular wildflower field on South 31st Street in Temple, Texas. Though the site is a favorite place for locals to take pictures during the spring, residents were more concerned with the impact the project could have on the nearby Deerfield Estates subdivision(image)

EG Funds Management Buys StoreLocal Self-Storage Facility in Northcote, Australia

Fri, 20 Jan 2017 21:07:00 GMT

EG Funds Management, an Australia-based real estate fund manager, has acquired a StoreLocal self-storage facility in Northcote, Australia, for $13.45 million from storage investment group StoreInvest. The asset at 150 Arthurton Road comprises 4,650 square meters of leasable space in 550 units. It’s the first acquisition made under Yield Plus(image)

Jernigan Capital, RRB Development Co-Invest on Atlanta Self-Storage Project

Fri, 20 Jan 2017 20:58:00 GMT

Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, has closed on a $14.1 million self-storage investment with Atlanta developer RRB Development LLC. The companies intend to build a multi-story facility comprising 92,935 net rentable square feet in 1,049 climate-controlled units, according to a press(image)

Murder Evidence Found in Fremont, CO, Self-Storage Unit

Fri, 20 Jan 2017 20:40:00 GMT

Evidence from the 2006 murder of a teenager was found last month in a Freemont, Colo., self-storage unit that had gone to auction after the tenant, a sheriff’s detective, failed to pay the rent. Fremont County Sheriff's Office (FCSO) Lt. Det. Robert Dodd was placed on administrative leave after a bloody rope and ax believed to be connected(image)

Marcus & Millichap Expands Atlanta Self-Storage Group

Fri, 20 Jan 2017 18:28:00 GMT

Marcus & Millichap, a commercial property-investment firm, announced the addition of Bruce Lynch and Lisa Loesel to The Gorman Group, a team of self-storage investment advisors based in the company’s Atlanta office. Both brokers live in and will focus on facility sales in the Carolinas, expanding the group’s reach, according to a(image)

Herro Brothers Gets Green Light for Oconomowac, WI, Self-Storage Facility

Fri, 20 Jan 2017 18:23:00 GMT

Real estate developer Mike Herro of Herro Brothers LLC received approval from city planners this week to build a new self-storage facility in Oconomowac, Wis. Council members unanimously approved the conditional use permit on Jan. 17 for the 3.1-acre property at 1201 Commerce St. Alderman Ken Herro, Mike’s brother, was absent from the(image)

Planning Board Backs Plan to Ban Self-Storage From 3 Districts in Woburn, MA

Thu, 19 Jan 2017 22:26:00 GMT

The Woburn, Mass., Planning Board has unanimously recommended the city council approve an ordinance that would eliminate self-storage as an allowable use in the city’s business-interstate, industrial-park and industrial-general zoning districts. The measure is sponsored by council president Richard Haggerty, who believes self-storage(image)

Self-Storage Proposal Discussed in Petway, TN

Thu, 19 Jan 2017 22:25:00 GMT

Real estate developer Jason Walker is holding a public meeting on Jan. 26 to discuss his proposal to build a self-storage facility in Petway, Tenn. The Cheatham County Commission voted in December to postpone a discussion about rezoning the 6 acres of land on Petway Road to allow the commissioners to inspect the property. The site is in an(image)

Storage Shop USA Gets Approval to Build Self-Storage Condo Units in Oak Creek, WI

Thu, 19 Jan 2017 22:21:00 GMT

Storage Shop USA, which operates 16 self-storage facilities in Wisconsin, received approval to build self-storage condominium units in Oak Creek, Wis. The Oak Creek Common Council agreed to a land-use change for the site at 331 and 401 E. Oak St. The units are expected to be available in the spring, according to the source.(image)

Partner/VP of Development for Self-Storage Operator Westport Properties Passes Away

Thu, 19 Jan 2017 22:17:00 GMT

Westport Properties Inc. (WPI), which operates 110 self-storage facilities under the US Storage Centers brand, announced the recent passing of company partner and vice president of development Jamie Alai. Alai died last weekend after a two-year battle with cancer.(image)

Storage Compass Provides Custom Video/Commercial Creation for Self-Storage Operators

Thu, 19 Jan 2017 22:17:00 GMT

Storage Compass, a digital-marketing agency specializing in self-storage, is set to launch a video program on Jan. 13 that will produce customized self-storage commercials for facility operators. Different from some template-based programs, the Storage Compass video program will include choice of spokesperson, custom voiceovers and selling points(image)

Scannell Properties/Berman-Lapetina Enterprises Gets Planning Approval for Skokie, IL, Self-Storage Facility

Thu, 19 Jan 2017 22:06:00 GMT

The Skokie, Ill., Plan Commission has recommended approval for a four-story self-storage facility proposed by real estate developer Scannell Properties on behalf of Berman-Lapetina Enterprises LLC. The 48-foot tall structure would be built in the 5800 block of Howard Street but requires a zoning amendment to allow the height of the building, a(image)

13-Property Casey Storage Solutions Self-Storage Portfolio Changes Hands

Wed, 18 Jan 2017 22:39:00 GMT

An unidentified joint venture has acquired the Casey Storage Solutions portfolio of 13 self-storage facilities across four New England states. The deal includes six properties in Massachusetts, three in Connecticut, two in Rhode Island and two in Vermont. Together they comprise 700,000 square feet in 5,800 units and 25,000 square feet of vehicle(image)

Self Storage Association Asia, Hong Kong Officials Discuss Safety Standards Amid Building, Safety Violations

Wed, 18 Jan 2017 22:30:00 GMT

Update 1/18/17 – The Self Storage Association Asia (SSAA), whose members represent about two-thirds of the industry’s gross floor area in the region, indicated it’s working with the Hong Kong Buildings and Fire Services Departments (FSD) on crafting safety standards that meet guidelines and are realistic for storage operators.(image)

3-Story Self-Storage Project Approved for Southgate Community of Flower Mound, TX

Wed, 18 Jan 2017 22:15:00 GMT

Real estate development firm Texas Land Planning & Management Services (TLPMS) received approval last month to build a three-story self-storage facility in the Southgate community of Flower Mound, Texas. Enterprise Storage will be built on Enterprise Drive adjacent to International Parkway and comprise 94,500 square feet in about 700 units,(image)

Construction Begins on Hollow Tree Self Storage in Darien, CT

Wed, 18 Jan 2017 21:36:00 GMT

Construction has begun on a new Hollow Tree Self Storage (HTSS) facility in Darien, Conn. Slated to open this fall, the property at 131 Hollow Tree Ridge Road will offer 800 to 1,000 storage units as well as vehicle and wine storage. It will also feature a solar carport, with the energy produced used to power the facility, according to the source.(image)

U-Haul Acquires Space Savers Self Storage in Scranton, PA

Wed, 18 Jan 2017 21:13:00 GMT

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, has acquired Space Savers Self Storage in Scranton, Pa. U-Haul Storage of Scranton at 210 S. 7th Ave. comprises 28,750 square feet of storage space in 260 drive-up units. Built in 1986, it contains five single-story buildings on 2(image)

Amsdell Cos./Compass Self Storage Acquire 3 Raleigh, NC, Facilities

Wed, 18 Jan 2017 21:06:00 GMT

Compass Self Storage, a member of the Amsdell family of companies, has acquired a three-property portfolio in the greater Raleigh, N.C., area. Combined, the facilities comprise more than 265,000 net rentable square feet of storage space. The properties were purchased by separate affiliates of Amsdell Group LLC and Compass Self Storage LLC and will(image)

Woman Charged With Driving Under the Influence After Hitting Dresden, ME, Self-Storage Building

Tue, 17 Jan 2017 21:33:00 GMT

Leah St. Hilaire, 23, was charged with driving under the influence (DUI) on Sunday after she crashed her vehicle into a building at Eastern River Self Storage in Dresden, Maine. St. Hilaire was driving a 2001 Volkswagen Passat east on Patterson Road near River Road when she failed to stop at the intersection and collided with the building,(image)

New York City Proposal Would Freeze Self-Storage Development Out of Industrial Business Zones

Tue, 17 Jan 2017 21:27:00 GMT

Update 1/17/17 – Mayor de Blasio’s controversial proposal to ban self-storage from New York City’s IBZs, unless they obtain a special permit, could be in for a legal battle from storage operators and developers. SNL Development Group LLC, a Bronx, N.Y.-based company that has built storage facilities for CubeSmart and other(image)