Village officials in Lincolnwood, Ill., are considering a self-storage tax as a way to generate additional local tax revenue and help offset a $260,000 shortfall from the state this year. The village is examining either a flat or progressive tax, which…
U-Haul Unveils Self-Storage Conversion Plan for Historic Building in New Haven, CT
Update 10/25/16 – U-Haul has unveiled its plan to convert the former C. Cowles & Co. factory to self-storage. U-Haul Moving & Storage of Wooster Square will feature 2,000 units inside the 156,864-square-foot structure. It will also offer …
Westy Self Storage of Upper Saddle River, NJ, Supports Meaningful Movement Inc.
Westy Self Storage of Upper Saddle River, N.J., donated two months of free storage to Meaningful Movement Inc., a nonprofit serving adults and children who are differently abled. The storage was used to house items for the group’s annual Beefstea…
HFF Names New Associate Director Specializing in Self-Storage Investment Sales
HFF (Holliday Fenoglio Fowler LP), a provider of commercial real estate and capital-markets services to self-storage and other commercial sectors, has appointed Matt Weckesser as an associate director in its Philadelphia office. Weckesser will focus on…
Bluffton, SC, Gets Its Largest Self-Storage Facility
Bluffton Self Storage is now open in Bluffton, S.C. Owned by Evans and Bradshaw LLC, the property at 11 Oliver Court will be the area’s largest storage development, according to the source. It’ll stretch over 6 acres and encompass 76,800 sq…
Epping Self Storage Place in Epping, NH, Changes Hands
Ed Jewett and Mark Phillips have acquired Epping Self Storage Place in Epping, N.H., from The Cloutier Family. The property at 276 Calef Highway has been rebranded as The Storage Barn of Epping.
Taylor/Theus Holdings Launches Several Self-Storage Projects in Charlotte, NC
Update 2/7/17 – Taylor/Theus has acquired a 5-acre site on University City Boulevard in Charlotte on which it intends to develop a self-storage facility. The three-story facility will be part of a retail development being built by commercial real…
Creating Joint-Venture Equity for Self-Storage: Things to Consider
A joint venture can be a good source of capital for a self-storage owner or developer who needs fresh equity, though it does come with some strings. Following is a breakdown of joint-venture capital and partnerships and some key items you need to know …
Creating Joint-Venture Equity for Self-Storage: Things to Consider
A joint venture can be a good source of capital for a self-storage owner or developer who needs fresh equity, though it does come with some strings. Following is a breakdown of joint-venture capital and partnerships and some key items you need to know …