The desire to place self-storage facilities in visible retail areas has coincided with an increase in building-design aesthetics. This article highlights key areas where color can be used to strengthen a facility’s appeal to consumers and city pl…
USA Self Storage Owner Buys Marina Property in Beaumont, TX
Scott Monroe, owner of USA Self Storage Inc., has acquired a 30-acre, city-owned property in Beaumont, Texas, for $1.475 million. The property at 560 Marina St. has housed the Beaumont Yacht Club for 58 years and includes 5,000 feet of water frontage a…
Orangewood Partners Launches Peaceable Street Capital for Investing in Self-Storage, Other Real Estate
Private investment firm Orangewood Partners has launched Peaceable Street Capital (PSC), a specialty-finance platform focused on small and mid-size income-producing real estate in North America. PSC will invest preferred-equity capital across several r…
Simply Self Storage Hires Vice President of Development
Simply Self Storage (SSS), which owns or manages 192 self-storage facilities in the United States and Puerto Rico, has hired Dave Marzocchi as vice president of development. He has expertise in construction, entitlements and property development throug…
Australia Self-Storage Operator Kennards Supports Aboriginal Community
Kennards Self Storage, which operates more than 80 self-storage facilities in Australia and New Zealand, supported a charity drive in March to benefit the Aboriginal community of Jilkminggan in the Northern Territory. Kennards provided boxes and space …
Self-Storage Talk Video-Challenge Entry: Theresa Friesner, Rolling Acres Self Storage
Here’s another notable entry for the Self-Storage Talk 2016 “Loving Las Vegas” Video Challenge, in which self-storage operators vied for a free trip to the Inside Self-Storage World Expo in Las Vegas. This video features SST Senior Me…
Jernigan Capital Completes $122M Heitman Joint Venture to Fund Self-Storage Investments
Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, has reached its target capitalization of $122.2 million in a joint venture between an affiliate of real estate investment firm Heitman Capital Management LLC an…
Uncle Bob’s Self-Storage Designates Units as ‘Selfie Studios’ in Select Markets
Sovran Self Storage Inc., the real estate investment trust that operates the Uncle Bob’s Self Storage brand, is designating some of its storage units in select markets as “Selfie Studios.” Designed for customers looking to take a self-produ…
Former GE Building to Become U-Haul Self-Storage in Plainville, CT
Phoenix-based U-Haul International Inc. is converting a former General Electric building in Plainville, Conn., to self-storage. U-Haul Moving & Storage of Pinnacle Rock at 10 New Britain Ave. officially opened last month. It currently offers moving…
U-Haul Converts Former Commerce Center to Self-Storage in Maple Shade, NJ
Phoenix-based U-Haul International Inc. is converting a former commerce center and industrial park in Maple Shade, N.J., to self-storage. U-Haul Moving & Storage of Strawbridge Park officially opened at 121 Kings Highway in January. Acquired by the…