Public Storage Inc., a self-storage real estate investment trust (REIT), opened a new facility this week in Denver, its 50th in the region. The property at 10298 E. 45th Ave. is in the Stapleton Business Center, part of Denver’s largest neighborh…
Public Storage Opens New Self-Storage Facility in Denver
Public Storage Inc., a self-storage real estate investment trust (REIT), opened a new facility this week in Denver, its 50th in the region. The property at 10298 E. 45th Ave. is in the Stapleton Business Center, part of Denver’s largest neighborh…
Red Way Self-Storage Opens in Redmond, WA
Real estate firm Nelson Legacy Group held a ribbon-cutting ceremony on Aug. 7 to celebrate the grand opening of its first self-storage facility, Red Way Self-Storage, in Redmond, Wash. The event was attended by Nelson Legacy representatives as well as …
Self-Storage Finance Firm Jernigan Capital Relocates Headquarters to Memphis, TN
Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, will consolidate its offices and relocate its headquarters from Miami to Memphis, Tenn., effective Aug. 17. The move will include the addition of accounting, bu…
Self-Storage REIT National Storage Affiliates Trust Releases 2Q 2015 Financial Results
Update 8/11/15 – NSAT has released its financial statement for the quarter that ended June 30, 2015, showing gains in key areas including core funds from operations (FFO), net operating income (NOI) and occupancy.
Compass Self-Storage Facility Faces Community Opposition in Jupiter, FL
A Compass Self-Storage LLC facility proposed for Jupiter, Fla., is facing opposition from some local residents. The development would include a three-story, 91,000-square-foot building to be constructed on a vacant 2-acre parcel of land in the communit…
Compass Self-Storage Facility Faces Community Opposition in Jupiter, FL
A Compass Self-Storage LLC facility proposed for Jupiter, Fla., is facing opposition from some local residents. The development would include a three-story, 91,000-square-foot building to be constructed on a vacant 2-acre parcel of land in the communit…
21st Century Storage Buys Peoples Storage in Miami for $5.1M
21st Century Storage, a privately held self-storage operator with eight facilities in four states, has acquired Peoples Storage in Miami for $5.1 million. The property at 200 N.W. 79th St. is in the Little Haiti neighborhood. It comprises 663 units, in…
21st Century Storage Buys Peoples Storage in Miami for $5.1M
21st Century Storage, a privately held self-storage operator with eight facilities in four states, has acquired Peoples Storage in Miami for $5.1 million. The property at 200 N.W. 79th St. is in the Little Haiti neighborhood. It comprises 663 units, in…
Scott Self Storage of Carlisle, Cumbria, England, to Add Solar Panels
Scott Self Storage is adding a solar-panel system to its facility in the Escott Business Park in Carlisle, Cumbria, England. Owner Steve Scott is aiming to be the first “carbon-plus” business in the area, and hopes the system will provide e…