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Published: Wed, 29 Mar 2017 01:27:33 GMT

Last Build Date: Tue, 28 Mar 2017 22:50:00 GMT

Copyright: Copyright © 2009 Virgo Publishing, Inc.

Five Star Development Acquires 3 North Dakota Self-Storage Facilities

Tue, 28 Mar 2017 22:50:00 GMT

Five Star Development LLC, which operates eight Five Star Storage properties in Minnesota and North Dakota, has purchased an additional three self-storage facilities in North Dakota. The company acquired Crossroads Storage and American Roughrider Storage in Fargo for $2.2 million as well as Legacy Storage Solutions in Bismarck for $5.6 million.(image)

Armadillo Self Storage of the UK Supports KM Big Charity Quiz

Tue, 28 Mar 2017 22:41:00 GMT

Armadillo Self Storage, a member of the Big Yellow Group PLC family of storage properties, is supporting the KM Big Charity Quiz. The fundraising event generates money for various charities as well as educational programs and resources provided by KM Charity Team, a nonprofit serving schools in Southeast England. The events have raised(image)

LSC Development to Build Chicago Self-Storage Facility After Settling Lawsuit Against the City

Tue, 28 Mar 2017 21:20:00 GMT

Update 3/28/17 – The LSC Development self-storage project hit another snag on Monday when the zoning committee failed to vote at the end of a seven-hour meeting in which dozens of residents voiced opposition to the plan. Though the meeting was supposed to focus on the self-storage portion of the overall project, several residents raised(image)

TNT Self-Storage Management Gets New Cash-Management System, Plus $5.6M to Expand

Tue, 28 Mar 2017 21:13:00 GMT

TNT Self-Storage Management, a third-party management firm serving the self-storage industry, has received a customized suite of cash-management services from Pacific Mercantile Bank. The specialized program integrates with TNT’s accounting software and can be applied to individual self-storage facilities in its portfolio. The facility(image)

U-Haul Self-Storage Teams With Humble Design to Help Former Homeless

Mon, 27 Mar 2017 21:39:00 GMT

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, is partnering with Humble Design, a nonprofit that provides home furnishings to people transitioning out of homelessness, to extend its services into nine new markets by 2020. U-Haul will provide space to store donations as well as(image)

Self-Storage Talk Online Community Surpasses 100K Posts

Mon, 27 Mar 2017 21:36:00 GMT

Self-Storage Talk (SST), the industry's largest online community, recently surpassed the 100,000-post milestone. The last significant marker was passed in December 2015 when the site exceeded 8,000 members. SST currently boasts 8,826 members and features 10,600 discussion threads in 20 topical subforums.(image)

Legislation Allows New Mexico Self-Storage Operators to Sell Tenant Insurance

Mon, 27 Mar 2017 20:33:00 GMT

The New Mexico Legislature has passed Senate Bill 301 (SB 301), which would allow self-storage operators in the state to sell tenant insurance to customers. The measure would grant operators a limited-lines license to sell only policies covering the loss of contents stored in rented storage units. The bill will make its way to Gov. Susana Martinez(image)

Citadel Storage Partners Gets Green Light to Build 3-Story Self-Storage Facility in St. Matthews, KY

Mon, 27 Mar 2017 20:24:00 GMT

Self-storage developer Citadel Storage Partners I LP, a Delaware limited partnership, has received approval to begin construction on a three-story facility in St. Matthews, Ky., a suburb of Louisville. Company affiliate Dupont Self Storage LLC acquired the 2.5-acre site at 1403 Browns Lane for $1.35 million. The developer plans to build a(image)

‘Million Dollar Beggar’ Collection Kept in Coney Island, NY, Self-Storage Units to Be Featured on ‘Strange Inheritance’

Fri, 24 Mar 2017 21:50:00 GMT

The unusual legacy of the “Million Dollar Beggar,” an eccentric collector and businessman who stashed his valuables in three Coney Island, N.Y., self-storage units, will be featured on an episode of “Strange Inheritance,” set to air March 27, 9:30 p.m. ET, on the Fox Business Network.(image)

SurePoint Self Storage Launches 5th Development in Houston Area

Fri, 24 Mar 2017 21:38:00 GMT

Texas-based SurePoint Self Storage has launched a fifth development in the Greater Houston area. The company will build a three-story, 90,000-square-foot facility on 2.21 acres in Sugar Land, at the intersection of Voss Road and Highway 6. Construction is scheduled to begin this winter, according to a press release.(image)

Self-Storage Proposal by 1784 Capital Holdings Gains Favor in Oro Valley, AZ

Fri, 24 Mar 2017 21:15:00 GMT

Update 3/24/17 – The Oro Valley Town Council has unanimously removed a restriction against indoor self-storage facilities in Steam Pump Village and approved the architectural concept and parking for the storage project proposed by developer 1784 Capital Holdings LLC. The company intends to build a 107,000-square-foot structure, with 80,000(image)

Strategic Storage Growth Trust Acquires Newly Converted Self-Storage Facility in Garden Grove, CA

Thu, 23 Mar 2017 20:55:00 GMT

Strategic Storage Growth Trust Inc. (SSGT), a public, non-traded real estate investment trust focused on self-storage acquisition and development, has purchased a recently converted self-storage property in Garden Grove, Calif., for $18.4 million. The former industrial building sits on 3 acres at 12321 Western Ave. and comprises about 95,000(image)

Access Storage Now/Progressive Investment Co. Plans Self-Storage Portfolio Expansion

Thu, 23 Mar 2017 20:49:00 GMT

Progressive Investment Co. LLC (PIC), a real estate development firm that operates self-storage facilities under the Access Storage Now brand, intends to add two new facilities to its portfolio in the coming months and expand three existing locations, according to the source. New locations will be in Brandenburg, Ky., and Ireland, Ind.(image)

Kansas Agents Fight Bill That Would Allow Self-Storage Operators to Sell Tenant Insurance

Thu, 23 Mar 2017 20:40:00 GMT

Update 3/23/17 – The Kansas House of Representatives yesterday passed an amended version of the senate bill that would allow self-storage operators to sell tenant insurance to customers. With a 99-24 vote, legislators approved adding a limited line of insurance in the state’s insurance code and requiring storage operators to obtain and(image)

U-Haul Expands Self-Storage Footprint in El Paso, TX

Thu, 23 Mar 2017 07:30:00 GMT

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, acquired Sun City Self Storage in El Paso, Texas. The 7.28-acre property at 10485 Dyer St., which has been rebranded as U-Haul Storage of Sun Valley, was built in 2008. It comprises 87,581 square feet of storage space in 500(image)

Mixed-Use Project Including Self-Storage, Restaurant, Dance Hall Approved in Denison, TX

Thu, 23 Mar 2017 07:30:00 GMT

The Denison, Texas, Planning and Zoning Commission on Tuesday approved two conditional-use permits for a mixed-use development project that will include self-storage, a restaurant, a dance hall with lounge, and retail space. Jonathan Earnhart, who owns the property at 4006 Texoma Parkway, plans to offer space in the 31,000-square-foot building to(image)

UK Self-Storage Operator Safestore Backs Down on Issue of Executive Pay

Wed, 22 Mar 2017 20:43:00 GMT

After gathering feedback from shareholders, the board of directors for U.K. self-storage operator Safestore Holdings PLC has withdrawn proposals to adopt a new directors’ remuneration policy and replace the company’s existing Long Term Incentive Plan. As proposed, CEO Frederic Vecchioli would have received up to 2.5 million shares(image)

Standoff Leads to Arrest at Post Falls, ID, Self-Storage Facility

Wed, 22 Mar 2017 20:23:00 GMT

A wanted man who barricaded himself inside a self-storage unit in Post Falls, Idaho, for 18 hours finally surrendered to police on Tuesday after they threatened to send in a police dog though an adjoining unit. Police were called to Post Falls Mini Storage at 2655 E. Seltice Way on Monday around 10 a.m. after staff noticed Eric A. Gonzales, who(image)

U-Haul Expands Hanover, IL, Self-Storage Facility Via Acquisition, Conversion

Wed, 22 Mar 2017 19:57:00 GMT

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, has acquired a property adjacent to its facility in Hanover, Ill., with the goal of converting the existing structure to self-storage, thereby expanding the current operation. The 1.53-acre site at 4N221 84th Court borders U-Haul(image)

Kilauea Mini Storage of Hawaii Helps Rotary Club Raise $11K

Wed, 22 Mar 2017 19:47:00 GMT

A garage sale at a self-storage facility in Kilauea, Hawaii, last weekend raised $11,000 for the Rotary Club of Hanaei Bay. John Gillen of Kilauea Mini Storage donated the space for the fundraiser on March 18. The money will be used to support the club’s community activities, according to the source.(image)