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Published: Mon, 26 Jun 2017 05:28:29 GMT

Last Build Date: Fri, 23 Jun 2017 08:30:00 GMT

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Jernigan Capital Co-Invests $10.8M in Baltimore Self-Storage Project

Fri, 23 Jun 2017 08:30:00 GMT

Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, has committed $10.8 million toward a proposed 83,450-square-foot self-storage facility in Baltimore. The multi-story, climate-controlled facility will comprise 993 units. It’ll be converted from a former textile office and warehouse, according to a(image)



Mixed-Use Self-Storage Project Considered for Lake Havasu City, AZ

Fri, 23 Jun 2017 07:30:00 GMT

Land that was once earmarked for retail development in Lake Havasu City, Ariz., could soon become a mixed-use property that would include self-storage, a boat dealership and a fast-food restaurant. The Lake Havasu Planning and Zoning Commission on Wednesday unanimously approved an amendment to the city’s design for the Anderson Autoplex(image)



U-Haul Holds Grand Re-Opening for Anchorage, AK, Self-Storage Facility

Fri, 23 Jun 2017 07:30:00 GMT

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, will host a ribbon-cutting ceremony on July 1 to celebrate the addition of 667 self-storage units to U-Haul Moving & Storage of North Anchorage in Alaska. Free to the public, the event will include property tours, food and(image)



Mixed-Use Development Featuring Self-Storage and Assisted Living Approved in Plainfield, IL

Thu, 22 Jun 2017 23:23:00 GMT

Next Door Self Storage President Phil Murphy received approval this week for a mixed-use development he intends to build in Plainfield, Ill. The asset will be called the Crossroads Business Center and is expected to include a storage facility and a 60-unit Heritage Woods Assisted Living Community at the southeast corner of W. 143rd Street and(image)



Peer-to-Peer Self-Storage Marketplace ‘Neiybor’ Launches in Utah

Thu, 22 Jun 2017 23:13:00 GMT

Neiybor Inc., a Provo, Utah-based startup, has launched a peer-to-peer marketplace for self-storage and parking services in Utah and Salt Lake Counties. Similar to other shared-economy networks, the company provides an online platform where people in need of storage can find local hosts willing to rent available space.(image)



Crash Causes Bus to Slam Into Parked Vehicles at Arapahoe Self Storage in Boulder, CO

Thu, 22 Jun 2017 15:15:00 GMT

A collision with another vehicle yesterday caused a bus to crash through a fence and into several parked tractor-trailers and at least one car at Arapahoe Self Storage in Boulder, Colo. Fourteen people were evaluated by medical responders following the 8:58 a.m. accident. Two were treated for minor injuries and released, while one was transported(image)



The Sterling Group Acquires, Expands Self-Storage Facility in Goshen, IN

Thu, 22 Jun 2017 15:07:00 GMT

The Sterling Group received support on Tuesday in its quest to expand its newly acquired facility. The plan commission is recommending the Goshen City Council approve the operator’s request to rezone a 2.06-acre parcel at 2980 W. Wilden Ave.(image)



Dymon Storage Seeks to Convert Former Target Store to Self-Storage in Oshawa, Ontario, Canada

Wed, 21 Jun 2017 22:40:00 GMT

Canadian self-storage operator Dymon Storage Corp. is seeking a zoning change to convert a former Target store in Oshawa, Ontario, Canada, to a mixed-use property that will include self-storage and retail space. The city’s development-services committee discussed the proposal for the property at 285 Taunton Road E. during a June 19 meeting,(image)



U-Haul Converts Former Tyson Plant to Self-Storage in Buffalo, NY

Wed, 21 Jun 2017 20:53:00 GMT

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, is converting a former Tyson cold-storage and meat-processing plant in Buffalo, N.Y., to self-storage. Once complete, it’ll be the operator’s largest storage facility in the region, according to a source.(image)



Altis Cardinal Builds 4-Story Self-Storage Facility on Site of Mosley Motel in St. Petersburg, FL

Wed, 21 Jun 2017 20:47:00 GMT

Real estate firm Altis Cardinal LLC is developing a four-story, mixed-use building that will include self-storage and retail space on the former site of the Mosley Motel in St. Petersburg, Fla. A ground-breaking was held last week for the project at 401 34th St. N., at the edge of the Kenwood Historic District. Mayor Rick Kriseman and city council(image)



Breezy Hill Self Storage Under Construction in Graniteville, SC

Tue, 20 Jun 2017 20:44:00 GMT

Construction is nearly complete on the new Breezy Hill Self Storage facility in Graniteville, S.C. Expected to open in mid-August, the property at 200 Bettis Academy Road will comprise 87,000 square feet of storage space in 550 units, half of which will be climate-controlled. It’ll also contain 21 outdoor vehicle-parking spaces, according to(image)



UK Self-Storage Operator Safestore Releases Financial Results for 6-Month Period Ending April 30

Tue, 20 Jun 2017 20:43:00 GMT

U.K. self-storage operator Safestore Holdings PLC has released its financial statement for the first half of its 2017 fiscal year, which ended April 30. The report indicates Safestore experienced growth in revenue, rental rates and occupancy at its self-storage facilities in France and the United Kingdom.(image)



City Line Capital Completes Its First 5 Self-Storage Acquisitions

Tue, 20 Jun 2017 19:50:00 GMT

Update 6/20/17 – City Line Capital has acquired Fort Knox Self Storage in Winston-Salem, N.C. The transaction was in partnership with CSG RE and marks the fifth storage facility City Line has purchased since its February launch. The property at 2550 Peters Creek Parkway comprises 68,562 rentable square feet in 625 units, according to a press(image)



9 Cats Left Abandoned in Palm Springs, CA, Self-Storage Unit

Tue, 20 Jun 2017 19:38:00 GMT

Nine cats were found earlier this month locked inside a unit at a StorAmerica Self Storage facility in Palm Springs, Calif. All of the animals were contained in crates. One of them died before being rescued, while the others were taken to the Palm Springs Animal Shelter and are doing well, according to the source.(image)



Attic Self Storage of London Launches UK's First Interactive Street Art Space

Mon, 19 Jun 2017 22:48:00 GMT

Attic Self Storage, an English operator with two facilities in the Greater London Area, is partnering with two local art schools to launch Market Road Gallery, a bookable, outdoor, interactive art space at the storage operator’s King’s Cross location. The collaborative effort includes University of Arts London (UAL) and Central Saint(image)



Jernigan Capital Co-Invests $69.6M in 7 Self-Storage Projects

Mon, 19 Jun 2017 21:47:00 GMT

Update 6/19/17 – Jernigan Capital has made a fourth co-investment with Phillips Development & Realty. The bank has committed $10.3 million toward a proposed 73,500-square-foot self-storage facility in St. Petersburg, Fla. The multi-story facility would comprise 811 climate-controlled units and be part of a mixed-use development featuring(image)



Man Intentionally Floods Oakland, NJ, Self-Storage Facility

Mon, 19 Jun 2017 21:40:00 GMT

Police have arrested a man who allegedly flooded the interior of an Access Self Storage facility in Oakland, N.J. Security footage shows Matthew Guarriello, 21, turning on the bathroom sink at the property at 21 Raritan Road and rerouting the water onto the floor. The flood caused more than $5,000 in property damage, according to the source.(image)



Florida Governor Signs Update to Self-Storage Lien Law

Mon, 19 Jun 2017 21:35:00 GMT

Florida Gov. Rick Scott signed an update to the state’s self-storage lien law on June 9 that enables storage operators to issue late fees, conduct lien auctions online, place value limits on stored items and have motor vehicles towed. House Bill 357 (HB 357) passed through the house and senate unanimously. It goes into effect on July 1.(image)



American Building Components Launches Online Ordering Tool for Self-Storage Building Materials

Fri, 16 Jun 2017 21:12:00 GMT

American Building Components (ABC), a manufacturer of steel products for self-storage and other industries, has launched an online ordering tool to streamline the sale of its products. Shop.abcmetalroofing.com was developed with a focus on mobile-first design, a platform that allows customers to order products any time via desktop computers,(image)



Neighborhood Storage Adds Solar Panels to 4 Florida Self-Storage Sites

Fri, 16 Jun 2017 21:02:00 GMT

Neighborhood Storage, which operates 23 self-storage facilities in North-Central Florida, has added solar panels to four of its properties. The $200,000 project was offset by a grant from Rural Energy for America Program (REAP), offered by the U.S. Department of Agriculture Rural Development.(image)