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Published: Sun, 04 Dec 2016 02:00:00 GMT

Last Build Date: Fri, 02 Dec 2016 08:30:00 GMT

Copyright: Copyright © 2009 Virgo Publishing, Inc.
 



Shelbyville, TN, Self-Storage Owner Seeks Help From City With Drainage Project

Fri, 02 Dec 2016 08:30:00 GMT

Fred Horn, owner of Shelbyville Self Storage in Shelbyville, Tenn., has requested the city assist in repairing a culvert and water/sewer line he believes have contributed to flooding along Fairground Heights, which borders his property at 321 Bethany Lane. The issue caused a potential sale of the facility to fall through earlier this year, Horn(image)



LSC Development to Convert Former Oceanside, NY, Laundry Plant to Self-Storage

Thu, 01 Dec 2016 21:32:00 GMT

Self-storage developer LSC Development LLC is in the process of acquiring a former commercial laundry facility in Oceanside, N.Y., with the intent to convert it into a Life Storage Inc. facility. The two-story, 76,000-square-foot Oceanside Institutional Industries (OII) plant at 2525 Long Beach Road will comprise 42,252 square feet of storage(image)



Storage World Receives Final Approval for Exeter, PA, Self-Storage Development

Thu, 01 Dec 2016 21:19:00 GMT

Self-storage operator Storage World LLC and affiliate company Greenwing Associated Properties LP have received final approval to develop a 118,625-square-foot facility in Exeter, Pa. Construction on the $7 million project at 4990 Perkiomen Ave. is expected to begin during the first quarter, with completion scheduled for 2018, according to the(image)



Self-Storage Companies Launch 2016 Holiday Charity Drives

Thu, 01 Dec 2016 17:24:00 GMT

Self-storage operators around the world have launched drives to collect clothing, food, toys and more for various charitable organizations this holiday season. Here’s a summary of how they’re giving back to their communities so far in fall/winter 2016.(image)



Storage Asset Management Donates $2K to Susan G. Komen Foundation

Thu, 01 Dec 2016 17:11:00 GMT

The properties managed by Storage Asset Management Inc. (SAM), a property-management and consulting firm serving the self-storage industry, recently raised $1,211.64 for the Susan G. Komen Foundation to support breast-cancer research and awareness. SAM then matched the donation, bringing the total to $2,423.28. During October, which was Breast(image)



Wando Park Self Storage Opens in Mount Pleasant, SC

Thu, 01 Dec 2016 17:02:00 GMT

Wando Park Self Storage at 701 Wando Park Blvd. in Mount Pleasant, S.C., is now open. The property is near apartments, single-family residences and local businesses. The facility includes two elevators and a variety of unit sizes.(image)



Inside Self-Storage Store Releases 2017 Maintenance Calendar and Guide

Wed, 30 Nov 2016 17:22:00 GMT

The Inside Self-Storage (ISS) Store, an e-commerce website providing research and education products for industry professionals, has released the “Self-Storage Maintenance Package 2017: Monthly Task Calendars and Guide.” Designed for facility managers, the package includes detailed, customizable monthly calendars for 2017, which(image)



Super Storage Self Storage Group Opens Flowers Plantation Storage in Clayton, NC

Wed, 30 Nov 2016 14:37:00 GMT

Super Storage Self Storage Group has opened the first phase of its newest facility, Flowers Plantation Self Storage in Clayton, N.C. The property at 65 Plantation Drive is in the unincorporated community of Flowers Plantation.(image)



FlexiSpace to Build £3M Self-Storage and Workspace Facility in Middleton, Manchester, England

Wed, 30 Nov 2016 14:30:00 GMT

FlexiSpace, a U.K. self-storage and workspace brand, is designing a new £3m site in Middleton, Manchester, England. The property on Old Hall Street will comprise 100,000 square feet of self-storage and workspace, which includes 10 offices, 50 vehicle-parking spaces and two communal kitchen areas, according to the company website. The firm(image)



Colliers International Hires National Director of Self-Storage Investment Sales

Wed, 30 Nov 2016 08:30:00 GMT

Commercial real estate company Colliers International Group Inc. has hired James “Ashley” Compton to serve as the firm’s national director of self-storage investment sales through its Nashville, Tenn., office. Compton most recently served as a first vice president in the Nashville office of CBRE Group Inc., a commercial real(image)



Westport Properties Buys 4-Facility Store Here Self Storage Portfolio in Texas

Tue, 29 Nov 2016 21:35:00 GMT

Westport Properties Inc. (WPI), which operates 110 self-storage facilities under the US Storage Centers brand, has acquired a four-property, Store Here Self Storage portfolio in Texas that was owned through a joint venture between RHW Capital Management Group LLC and Woodbridge Capital Partners LLC. The assets comprise 2,162 units, 77 RV-parking(image)



Global Self Storage Acquires Tuxis Facilities in CT, NY; Presents at Annual LD Micro Conference

Tue, 29 Nov 2016 21:16:00 GMT

Global Self Storage Inc., a self-storage real estate investment trust, has agreed to purchase the two storage facilities operated by Tuxis Corp., a real estate development company and affiliate of Global, for $7.8 million. The properties in Clinton, Conn., and Millbrook, N.Y., comprise a combined 40,705 square feet in 327 units. The deal includes(image)



Real Estate Roundup: Self-Storage Transactions November 2016

Tue, 29 Nov 2016 19:04:00 GMT

Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Following are additional acquisitions and sales that weren’t covered.(image)



Savannah, GA, Commission Denies Zoning Petition, Jeopardizes Self-Storage Project

Mon, 28 Nov 2016 21:24:00 GMT

Update 11/28/16 – The Metropolitan Planning Commission last week denied the zoning-change petition submitted on behalf of 31 North Real Estate Investors, which would have provided a path for a self-storage facility on Limerick Street. The commission voted 10-3 against the request, agreeing with a new staff report, which indicated the(image)



Public Storage Opens New Self-Storage Facility in Highland Village, TX

Mon, 28 Nov 2016 20:56:00 GMT

Public Storage Inc., a self-storage real estate investment trust (REIT), has opened a new facility in the Dallas suburb of Highland Village, Texas. The property at 4800 Village Parkway includes 1,000 climate-controlled units and will be managed by Mark Bernardi, Kelly Marsh and Cynthia Yakes.(image)



Crow Holdings Capital Announces Progress in Self-Storage Investing

Mon, 28 Nov 2016 20:56:00 GMT

Crow Holdings Capital Real Estate (CHCRE), a Dallas-based asset manager of private-equity real estate funds, has invested in 24 separate self-storage transactions since August 2015, growing its self-storage platform to more than 2 million square feet in 19,032 units, according to a press release. The company has more than doubled the size of its(image)



Kennards to Open New Self-Storage Facility in St. Marys, Australia

Wed, 23 Nov 2016 08:00:00 GMT

Kennards Self Storage, which operates more than 80 self-storage facilities in Australia and New Zealand, is set to open a new facility in St. Marys, Australia, on Nov. 25. The property was originally supposed to open in October. It will offer units ranging from 1 to 100 square meters as well as warehouse spaces with drive-up access to be targeted(image)



Armadillo Self Storage of the UK Supports KM Big Charity Quiz County Final

Wed, 23 Nov 2016 07:30:00 GMT

Armadillo Self Storage, a member of the Big Yellow Group PLC family of storage properties, is supporting the county final for the KM Big Charity Quiz, which will take place in January. The fundraising event generates money for various charities as well as educational programs and resources provided by KM Charity Team, a nonprofit serving schools(image)



Mid-Coast Properties Acquires 2-Facility Hall’s Self Storage Portfolio in Maine

Tue, 22 Nov 2016 23:07:00 GMT

Mid-Coast Properties LLC recently acquired the two-property Hall’s Self Storage portfolio in Maine for $4.8 million. The facilities at 132 Portland St. in Gray and 41 Main St. in New Gloucester comprise 91,344 square feet in 501 units and 21 commercial/contractor spaces ranging from 100 to 2,400 square feet, according to the source. The(image)



Stor-Age Self Storage of South Africa Reports Interim Six-Month Financial Results

Tue, 22 Nov 2016 22:51:00 GMT

Stor-Age Property REIT, which operates the Stor-Age Self Storage brand in South Africa, has released its first interim earnings report since becoming the first self-storage real estate investment trust (REIT) listed on the Johannesburg Stock Exchange last year. The report covers the six-month period of its fiscal year, which ended Sept. 30, 2016.(image)