Subscribe: ISS - Hot News
http://www.insideselfstorage.com/rss/rssNewsFeed,116.xml
Preview: ISS - Hot News

Inside Self Storage Only Feed





Published: Wed, 17 Jan 2018 23:54:55 GMT

Last Build Date: Wed, 17 Jan 2018 21:13:00 GMT

Copyright: Copyright © 2009 Virgo Publishing, Inc.
 



SROA Capital Partnership Breaks Ground on Miami Self-Storage Facility

Wed, 17 Jan 2018 21:13:00 GMT

A partnership led by SROA Capital LLC, an equity investor focused on the self-storage industry and operator of the Storage Rentals of America brand, has broken ground on an eight-story facility in Miami’s Overtown neighborhood. The property at 1020-1040 Sunnybrook Road will comprise 112,500 square feet in 970 climate-controlled storage(image)



Westport Properties/US Storage Centers to Develop Self-Storage Facilities in North Miami, FL

Wed, 17 Jan 2018 21:07:00 GMT

Update 1/17/18 – Westport Properties has completed construction on its self-storage facility at 1396 N.E. 125th St. The US Storage Centers location comprises 147,027 square feet in 1,200 units. Westport partnered with The Feldman Cos. on the development, according to a press release.(image)



Crown Point, IN, City Council Denies Self-Storage Project

Wed, 17 Jan 2018 20:38:00 GMT

The Crown Point, Ind., City Council last week denied a zoning request for a self-storage facility to be built on a former used-car lot, which is located in a flood plain. Doug Gossage of BBG Properties requested a variance to construct Castle/Big Vault Storage on the Carroll Chevrolet property at 1800 N. Main St., just north of Beaver Dam Ditch.(image)



Amsdell Cos./Compass Self Storage Acquires Facility in McDonough, GA

Wed, 17 Jan 2018 20:07:00 GMT

Compass Self Storage, a member of the Amsdell family of companies, has acquired McDonough-Henry Self-Storage in McDonough, Ga. It’s the company’s 12th location in the Greater Atlanta market, according to a press release. The site was purchased by separate affiliates of Amsdell Group LLC and Compass Self Storage LLC and will be(image)



Huntsville, AL, Self-Storage Owner Wins 'Advocate of the Year' Award

Tue, 16 Jan 2018 21:31:00 GMT

David Johnston, owner of Downtown Self Storage in Huntsville, Ala., was recently named 2018 Downtown Advocate of the Year by Downtown Huntsville Inc., a company that specializes in city revitalization through events, promotions and redevelopment initiatives. Johnston received his award on Jan. 12 during a breakfast ceremony in the atrium of Propst(image)



New Jersey Governor Signs Update to Self-Storage Lien Law

Tue, 16 Jan 2018 21:06:00 GMT

New Jersey Gov. Chris Christie signed an update to the state’s self-storage lien law yesterday that allows facility operators to charge late fees and conduct their lien sales online. Assembly Bill 3293 went into effect with the governor’s signature. First introduced in February 2016, the measure unanimously passed both houses (71-0) on(image)



Value Storage Acquires Pompano Beach, FL, Self-Storage Facility

Tue, 16 Jan 2018 19:34:00 GMT

Value Store It Inc., which operates 14 properties on the East Coast under the Value Store It Self Storage brand, has purchased Extra Secure Self Storage in Pompano Beach, Fla., for $10 million. The property at 2250 North Powerline Road comprises 110,690 square feet of storage space in 680 climate-controlled units.(image)



Self-Storage Operator Amazing Spaces Celebrates 20th Anniversary

Tue, 16 Jan 2018 19:27:00 GMT

Amazing Spaces Storage Centers, which operates five self-storage facilities in Houston, is celebrating 20 years in business. To commemorate the anniversary, the company will offer a “birthday” surprise each month to past, present and future customers, according to a press release. The prizes will be announced on its Facebook, Instagram(image)



Man Shot at Self-Storage Facility in Brookings, OR

Mon, 15 Jan 2018 09:00:00 GMT

Update 1/15/18 – The Curry County Sheriff's Office has arrested Robert Kris Stanley of Brookings, Ore., in connection with the self-storage shooting incident that injured Terebesi. Authorities arrested Stanley, 27, on Jan. 5 in Shelton, Wash. He was booked into the Curry County Jail on Jan. 10.(image)



Superior Storage Seeks to Build 3-Story Self-Storage Facility in New Orleans

Mon, 15 Jan 2018 08:30:00 GMT

Update 1/15/18 – The planning commission voted unanimously this week to recommend Kolb’s self-storage facility for approval. The project would combine 13 lots, comprising most of a city block and wrapping around a cluster of homes, according to the source.(image)



Jumbo Self Storage to Raze Montvale Plaza in Stoneham, MA, for 4-Story Project

Mon, 15 Jan 2018 07:30:00 GMT

Jumbo Self Storage LLC received approval this week to raze the Montvale Plaza banquet hall in Stoneham, Mass., and build a four-story self-storage facility in its place. The planning board voted 4-to-1 in favor of the special-use permit for the 1.23-acre property at 54 Montvale Avenue. Jumbo Storage has reached financial terms with the owner of(image)



TD Self Storage Proposes Mixed-Use Project for Greenville, SC

Sat, 13 Jan 2018 00:07:00 GMT

TD Self Storage Enterprise LLC, a development and acquisition venture launched last year by JHM Hotels, is pursuing a mixed-use project in the West End historical district of Greenville, S.C. The four-story facility would be built on a nearly 1-acre lot at the corner of Oneal and Rhett Streets, which currently houses a Piedmont Electrical(image)



StorTrack Enhances InSite Market Reports for Self-Storage

Sat, 13 Jan 2018 00:01:00 GMT

StorTrack, a division of 365 Media Inc. that offers competitor-pricing data, market-analysis tools and first-stage due diligence to the self-storage industry, has added several new components to its InSite Market Reports. In addition to market-saturation and competition statistics, local pricing and rates analysis, key demographics, price(image)



Canadian Self-Storage Operator Dymon Storage Proposes Mixed-Use Project in Toronto

Fri, 12 Jan 2018 21:57:00 GMT

Canadian self-storage operator Dymon Storage Corp. is seeking a zoning change to build a mixed-use project in Toronto that will include self-storage, condominiums, retail and office space. Designed by TACT Architecture, the nine-story building will be nearly 168 feet high and comprise 474,484 square feet. An earlier proposal from Dymon originally(image)



Owens Road Self Storage Opens in Brockport, NY

Fri, 12 Jan 2018 21:49:00 GMT

Owens Road Self Storage has opened in Brockport, N.Y. The five-building facility at 90 Owens Road was developed by Adams Real Estate Advisors and Rochester’s Cornerstone Group Ltd., which also manages the site, according to the source.(image)



Brown's County Market Eyed for Self-Storage Conversion Project in Sycamore, IL

Thu, 11 Jan 2018 21:04:00 GMT

The Sycamore, Ill., Plan Commission is considering a proposal by Franklin Development Trust Inc. to convert the former Brown’s County Market into a mixed-use site that would include indoor self-storage and retail. The unmanned storage facility would contain 178 units in varying sizes and be operated via a kiosk. It would also be monitored by(image)



Lonestar Development Plans Mixed-Use Project Containing Self-Storage for Brighton, CO

Thu, 11 Jan 2018 21:00:00 GMT

The Brighton, Colo., City Council has approved the first reading of a zoning plan that would allow a mixed-use project containing self-storage at S. 50th Avenue and E. Bridge Street. Texas-based Lonestar Development Partners recently acquired 4 acres of a 7-acre parcel at the site. Brighton Commons would also contain restaurants and retail,(image)



Storage of America Seeks to Build Self-Storage Facility in Rock Island, IL

Thu, 11 Jan 2018 20:55:00 GMT

Storage of America LLC (SOA), which operates seven self-storage facilities in Indiana, Michigan and Ohio, has received approval to apply for a special-use permit, allowing the company to build a new location in Rock Island, Ill. The property at 2832 5th St. is currently zoned industrial and doesn’t permit self-storage. The council’s(image)



UK Self-Storage Operator Safestore Releases Financial Results 2017 Fiscal Year

Thu, 11 Jan 2018 20:30:00 GMT

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



SmartStop Self Storage to Sponsor Cyclist on Quest to Reach 2020 Olympics

Wed, 10 Jan 2018 21:24:00 GMT

SmartStop Asset Management LLC, a diversified real estate company that manages 108 self-storage facilities in Canada and the United States under the SmartStop Self Storage brand, will sponsor cyclist Shane Kline in his quest to make the U.S. track-cycling team and compete at the 2020 Olympic Games in Tokyo, according to the source.(image)