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Published: Wed, 20 Sep 2017 23:58:55 GMT

Last Build Date: Wed, 20 Sep 2017 21:35:00 GMT

Copyright: Copyright © 2009 Virgo Publishing, Inc.
 



Life Storage Acquires 3 Space Shop Self Storage Properties in Metro Atlanta

Wed, 20 Sep 2017 21:35:00 GMT

Self-storage real estate investment trust Life Storage Inc. and a joint-venture partner have acquired three Space Shop Self Storage properties in Metro Atlanta from Stein Investment Group, a private real estate investment firm. Totaling more than 300,000 square feet of storage space, the facilities are in Atlanta, Cumming and Marietta, Ga.,(image)



Santa Fe Springs, CA, to Lift Restriction on Limiting Self-Storage Development

Wed, 20 Sep 2017 21:23:00 GMT

Officials in Santa Fe Springs, Calif., are set to lift a 43-year restriction that banned self-storage facilities from being developed along the city’s major thoroughfares. The city council agreed to eliminate the ban last week and is expected to give final approval at its Sept. 28 meeting, according to the source.(image)



Safehouse Self-Storage Among Buildings Destroyed in London Fire

Wed, 20 Sep 2017 21:09:00 GMT

A fire at a warehouse last night in Tottenham, a district in North London, destroyed most of Safehouse Self-Storage as well as several other businesses. Twenty fire engines and 140 firefighters spent hours extinguishing the blaze at the White Hart Lane Industrial Park, according to the source. One person suffered hand burns and was taken to a(image)



Self-Storage Competitors Get Green Light to Build in Grafton, WI

Wed, 20 Sep 2017 21:02:00 GMT

The Grafton, Wis., Zoning Board of Appeals last week unanimously rejected a petition by one local self-storage developer to bar a project proposed by another. Bruno Hanney, owner of Bruno’s Self Storage, is building a facility at 2091 County Road W. RJ Investments is attempting to build a competing facility less than a mile away, at 1927(image)



Investment Real Estate Employee Wins Self Storage Association Foundation Scholarship

Tue, 19 Sep 2017 22:58:00 GMT

Cheyenne Stump, an employee of Investment Real Estate LLC (IRE), received a Self Storage Association (SSA) Foundation Scholarship. The program awards $1,000 to $5,000 toward postsecondary education tuition and fees based on need and scholastic achievement. In addition, recipients must be employees or children of employees from companies that are(image)



Former Pabst Brewing Complex to Be Converted to Self-Storage, Craft Brewery in Milwaukee

Tue, 19 Sep 2017 22:51:00 GMT

Update 9/19/17 – Highland Development is nearing completion on construction of the Extra Space self-storage facility on the lower level of the former Pabst Brewing complex. It’s expected to comprise about 1,000 units, according to the source. Work also continues to progress on other aspects to the mixed-use project.(image)



UK Self-Storage Operator Safestore Announces Financial Results for Quarter Ended July 31

Tue, 19 Sep 2017 22:43:00 GMT

U.K. self-storage operator Safestore Holdings PLC has released its financial statement for the third quarter of its 2017 fiscal year, which ended July 31. The report indicates Safestore experienced growth in revenue, same-store rental rates and occupancy at its self-storage facilities in France and the United Kingdom.(image)



Tulfra Real Estate Buys Land to Build Self-Storage in Nutley, NJ

Tue, 19 Sep 2017 22:40:00 GMT

Real estate management and development company Tulfra Real Estate has purchased a 6.5-acre property in Nutley, N.J., on which it plans to build a 125,000-square-foot self-storage facility. The seller was an out-of-state corporation, according to a press release.(image)



Inside Self-Storage Releases Slideshow on 2017 Top-Operator Data

Mon, 18 Sep 2017 21:37:00 GMT

Inside Self-Storage (ISS) has released a slideshow focusing on key data from its 2017 Top-Operators Lists, an annual compilation ranking the industry's leading players by net rentable square feet. “The 2017 Top-Operators Lists: The Self-Storage Industry’s Largest Owners and Management Firms Fatten Their Portfolios” offers an(image)



Greystone Holdings Buys Self-Storage Development Sites in Antioch and Gilroy, CA

Mon, 18 Sep 2017 21:29:00 GMT

Self-storage developer Greystone Holdings LLC has acquired two vacant properties in Northern California on which it intends to build self-storage. The company paid approximately $6.25 million in separate deals. Both parcels are pre-approved for self-storage development, according to a press release from the National Self-Storage Practice Group of(image)



Officials in Battle Ground and Ridgefield, WA, Debate Self-Storage

Mon, 18 Sep 2017 21:20:00 GMT

City officials in Battle Ground and Ridgefield, Wash., are discussing how they should designate self-storage within their respective zoning frameworks to deal with an influx of development applications. The small towns are about 17 miles north of Vancouver, Wash., on either side of Interstate 5. Both are experiencing population growth, but neither(image)



Self-Storage REITs Announce Facility Closures, Openings Around Hurricanes Harvey, Irma

Mon, 18 Sep 2017 20:56:00 GMT

Update 9/18/17 – Extra Space Storage announced that 219 of its properties in Florida, Georgia and South Carolina have reopened following Hurricane Irma. The sites total approximately 20 million net rentable square feet of storage in 173,000 units. Eight properties comprising 575,000 net rentable square feet and 6,200 units remain temporarily(image)



Big Yellow Seeks to Develop a 6-Story Self-Storage Facility in Manchester, England

Mon, 18 Sep 2017 20:39:00 GMT

U.K. self-storage operator Big Yellow Group PLC is seeking approval to build a six-story facility in Castlefield, an inner-city conservation area in Manchester, England. The Manchester City Council Planning and Highways Committee will review the proposal for the 1.6-acre parcel on the corner of New Elm Road and Water Street on Thursday. The site(image)



Cascade Self Storage Builds New Facility in Roseburg, OR

Mon, 18 Sep 2017 20:23:00 GMT

Cascade Self Storage is building a new facility in Roseburg, Ore., its third in the state. The first phase of the property at 1910 N.E. Diamond Lake Blvd. is slated to open this fall. Once the facility is fully complete next spring, the 3.8-acre site will include five buildings containing 730 storage units and a manager’s residence,(image)



3-Story Self-Storage Facility Proposed for Southwest Naperville, IL

Fri, 15 Sep 2017 21:25:00 GMT

The Naperville, Ill., Planning and Zoning Commission voted unanimously this week to recommend that the city council rezone a 1.3-acre vacant parcel for the development of a three-story self-storage project. 5995 Naperville Self Storage LLC seeks to build an 84,477-square-foot facility at 2708 Forgue Drive, between Cantore and Leverenz Roads,(image)



Self-Storage Firm Investment Real Estate LLC Hires General Accountant

Fri, 15 Sep 2017 21:21:00 GMT

Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has hired Elaine Scott as general accountant and Anna Hartman as property accountant.(image)



Scenic City Self Storage Opens in Chattanooga, TN

Fri, 15 Sep 2017 20:51:00 GMT

Scenic City Self Storage opened on Sept. 1 in Chattanooga, Tenn. Developed and owned by Pratt Home Builders, the property at 1730 Dayton Blvd. comprises 34,270 square feet of storage space in 250 climate-controlled and drive-up units, according to a press release.(image)



Inside Self-Storage Releases 2017 Top-Operators Lists in Multiple Formats

Fri, 15 Sep 2017 20:01:00 GMT

Inside Self-Storage (ISS) has released its 2017 Top-Operators Lists, ranking the industry’s top 100 facility owners and top 50 third-party management companies by net rentable square feet. The lists include facility and brand owners, independents and property-management firms. The data also features contact information, expansion plans, and(image)



Real Estate Firm 10 Federal Acquires Green Cube Self Storage in Chapel Hill, NC

Fri, 15 Sep 2017 19:50:00 GMT

Diversified real estate firm 10 Federal has acquired Green Cube Self Storage in Chapel Hill, N.C. The property at 128 McGhee Road is the second transaction completed through the company’s acquisition fund launched earlier this year. The deal closed on Sept. 7, according to a press release.(image)



Joint Venture Led by The Natchez Group Develops 2 Tennessee Self-Storage Projects

Fri, 15 Sep 2017 19:42:00 GMT

Update 9/15/17 – Construction is nearing completion on The Natchez Group’s self-storage joint-venture project in Franklin. Though Franklin Storage @ Downs Blvd is still scheduled to open this fall, the facility will be smaller than originally reported, comprising 78,000 rentable square feet in 270 units, according to a press release.(image)