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Inside Self Storage Only Feed

Published: Fri, 15 Dec 2017 00:57:15 GMT

Last Build Date: Thu, 14 Dec 2017 23:34:00 GMT

Copyright: Copyright © 2009 Virgo Publishing, Inc.

Westy Self Storage Helps Fire Victims in Norwalk, CT

Thu, 14 Dec 2017 23:34:00 GMT

Westy Self Storage, which operates 15 properties in Connecticut, New Jersey and New York, is working with the Norwalk Veterinary Hospital to collect donations for local fire victims. A fire this week at the StoneWood Condominium Complex in Norwalk, Conn., left several residents displaced and without personal belongings. The companies are asking(image)

Value Store It Builds Self-Storage Facility in Miami’s Little Havana

Thu, 14 Dec 2017 23:27:00 GMT

Update 12/14/17 – Value Store It hosted a community event last month to celebrate the grand opening of its six-story self-storage facility in Little Havana. The gathering included a ribbon-cutting ceremony, a food buffet and live music. Attendees included employees, tenants, neighborhood residents and members of the Greater Miami Chamber of(image)

CubeSmart Buys Delray Beach, FL, Self-Storage Facility for $17.8M

Thu, 14 Dec 2017 22:22:00 GMT

CubeSmart, a self-storage real estate investment trust and third-party management firm, has purchased a newly constructed facility in Delray Beach, Fla., from the builder, Kaufman Lynn Construction. The six-story property at 3195 S. Congress Ave. is near the downtown area and comprises 132,000 square feet of space, according to the source. It sold(image)

New Metro Self Storage Facility to Open in Woodridge, NJ

Thu, 14 Dec 2017 22:06:00 GMT

Metro Storage LLC, which operates more than 125 self-storage locations in 14 states, plans to build a new facility in Woodridge, N.J. The three-story property at 765 Route 17 is expected to open by the end of the year or in early 2018, according to the source.(image)

U-Haul to Build Mixed-Use 'Smart Mobility Center' Featuring Self-Storage in Tallahassee, FL

Wed, 13 Dec 2017 20:57:00 GMT

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, intends to build a “Smart Mobility Center” on 24 acres in Tallahassee, Fla.(image)

Self-Storage REIT Public Storage Launches ‘Holiday Stories’ Video Contest

Wed, 13 Dec 2017 20:50:00 GMT

Update 12/13/17 – Public Storage has announced the winners of its “Holiday Stories” video contest. Of the three consumer and two employee submissions the company chose for final voting, the winning consumer entry was from a father and son in El Paso, Texas. The top employee video came from the facility-management team in(image)

Self-Storage Marketplace SpareFoot Partners With Portable-Storage Provider PODS

Wed, 13 Dec 2017 20:27:00 GMT

SpareFoot, an online marketplace for self-storage consumers, is partnering with PODS Enterprises LLC, a national provider of portable-storage containers, to provide its users with more storage options. The addition to the SpareFoot website will allow consumers to compare units based on price, features and more. Online-only deals will also be(image)

Big Yellow Self Storage to Expand Leeds, England, Location

Wed, 13 Dec 2017 20:13:00 GMT

U.K. self-storage operator Big Yellow Group PLC has submitted plans with the city to expand its facility in Leeds, England. The company intends to add 28 storage units to the property at 1 Gelderd Place, according to the source.(image)

New Proguard Self Storage Facility Goes Up in West Houston

Tue, 12 Dec 2017 20:58:00 GMT

Proguard Self Storage, which operates five facilities throughout the Houston area, has broken ground on a new location in West Houston. The six-story property will comprise 268,593 square feet of storage space in 1,753 climate-controlled units. It’s slated to be complete in November 2018, according to the source.(image)

Stor-Age Builds New Self-Storage Facility in Craighall, Johannesburg, South Africa

Tue, 12 Dec 2017 20:31:00 GMT

Stor-Age Property REIT, which operates self-storage facilities in South Africa and the United Kingdom, has entered a R95-million transaction for the development and acquisition of a new property in Craighall, Johannesburg, South Africa. Valued at R19 million, the facility will comprise 2,393 square meters and serve the communities of Blairgowrie,(image)

Oakville, MO, Residents Oppose Lemay Self-Storage Proposal

Tue, 12 Dec 2017 20:05:00 GMT

Update 12/12/17 – The St. Louis County Planning Commission wasn’t ready to vote on the self-storage project proposed by Lemay Storage during its Dec. 11 executive meeting. The development was one of four proposals set aside by planners. The project remains controversial, with about 70 residents attending a public hearing on Oct. 16 to(image)

Harrison Street Acquires 2-Facility Mallory Station Self-Storage Portfolio in Nashville Market

Tue, 12 Dec 2017 19:57:00 GMT

Investment-management firm Harrison Street Real Estate Capital LLC (HSRE), which has extensive interests in “needs-based” real estate, including self-storage, has acquired a two-property portfolio in the Nashville market from Mallory Station Self Storage for nearly $38 million.(image)

Self-Storage Facility Valuation in a Changing Market: Factors, Methods and Optimization

Tue, 12 Dec 2017 07:30:00 GMT

It’s helpful for a self-storage owner to understand the current real estate market, even if he isn’t interested in buying or selling, as it can impact the success of his business. Here’s advice on how to determine a property’s value and maximize its potential.(image)

Oklahoma City Self-Storage Owner to Pay $800K in Sexual-Harassment Settlements

Mon, 11 Dec 2017 22:55:00 GMT

Walter Ray Pelfrey, a 78-year-old Choctaw, Okla., resident who owns self-storage and residential properties in the Oklahoma City metro area, has agreed to pay a total of $800,000 to seven women who accused him of sexual harassment. The plaintiffs, all African-Americans who lived in Pelfrey’s buildings, filed two separate civil lawsuits(image)

Self-Storage Project to Move Forward in Union Charter Township, MI

Mon, 11 Dec 2017 22:37:00 GMT

The Union Charter Township, Mich., Board of Trustees granted a special-use permit last week that will allow real estate developer Mt. Pleasant Investment Properties LLC to move forward on its self-storage project at 1982 E. Remus Road. The approval comes after township officials and the developer reached a mediation settlement on Nov. 29,(image)

Ocean View, DE, Residents Oppose Self-Storage Project

Mon, 11 Dec 2017 22:23:00 GMT

Residents in Ocean View, Del., are opposing a self-storage project proposed by Galbraith Development Group LLC. Ron Golden, who lives across from the potential site on Muddy Neck Road, has collected signatures from 156 residents against the 46,000-square-foot development. The property is zoned agricultural-residential, and would need a(image)

Self-Storage Firm Investment Real Estate LLC Hires Director of Construction

Mon, 11 Dec 2017 22:16:00 GMT

Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has hired Jeff Murdorf as director of construction, responsible for leading all construction projects for the Investment Real Estate Group of Cos., including the Moove In Self Storage portfolio. Murdorf will manage expansion projects and(image)

Self-Storage Project by 1784 Capital Holdings Faces Opposition in Bethesda, MD

Mon, 11 Dec 2017 22:02:00 GMT

Update 12/11/17 - 1784 Capital Holdings and Bethesda Self Storage Partners LLC are facing opposition in their quest to build a multi-story facility, due to the site’s proximity to a stream and future greenway corridor. The facility in the Westbard neighborhood is along the stream-valley buffer for the Willett Branch Creek. The plans include(image)

Self-Storage Companies Extra Space, Yardi Systems Voted Among Top 100 Best Places to Work

Fri, 08 Dec 2017 22:22:00 GMT

Extra Space Storage Inc., a self-storage real estate investment trust (REIT) and third-party management firm, and Yardi Systems Inc., a provider of management software for self-storage and other real estate, have been voted among the Best Places to Work in 2018 as part of the annual Employees’ Choice Awards for Glassdoor, a website where(image)