The incorporation of green components and initiatives into a self-storage development can reap tangible rewards, from reduced energy costs to greater customer satisfaction. Greenbox uses a dual-pronged strategy to cut its energy expenses and entice eco…
Eco-Focus Case Study: Greenbox Self Storage in Denver Adopts Energy-Efficient Approach
The incorporation of green components and initiatives into a self-storage development can reap tangible rewards, from reduced energy costs to greater customer satisfaction. Greenbox uses a dual-pronged strategy to cut its energy expenses and entice eco…
10 Self-Storage Development Projects Underway Across Colorado
Ten self-storage facilities are currently under development across Colorado that will add approximately 750,000 square feet of storage space in the state. The properties will feature a range of amenities, such as climate control, business-incubator spa…
Provident Realty Advisors Nixes 1 of 3 Multi-Story Self-Storage Projects Planned for Nashville, TN
Update 1/16/17 – PRA has nixed plans for the eight-story self-storage facility it intended to build on Eighth Ave. S. in SoBro. “We decided not to move forward with the transaction,” Van Lare told the source, declining to elaborate on…
Self-Storage Project Considered in Appomattox, VA
Real estate developer and entrepreneur George Aznavorian intends to build a self-storage facility at the back of an 85-acre property he owns in Appomattox, Va. Town officials held a public hearing this week to discuss the project, which would require a…
Self-Storage Investment Firm Wasatch Buys Albany SuperStorage of New York for $5.9M
Wasatch Storage Partners (WSP), a Utah-based real estate investment firm specializing in self-storage acquisitions, development and property management, has acquired Albany SuperStorage in Albany, N.Y., for $5.9 million. The company purchased the prope…
Building Self-Storage on Petite Parcels: Factors to Consider
There are many reasons to build your next self-storage facility on a small site. Keep these important design elements in mind to design a superb and functional building on a smaller footprint.
Hong Kong Banks Steer Clear of Self-Storage Lending in Wake of Catastrophic Facility Fires
Lenders appear to be steering clear of self-storage financing in Hong Kong after two storage-facility fires last month killed two firefighters and injured another. The blazes prompted government officials to suspend self-storage development inside indu…
Absolute Storage Management Acquires Self-Storage Facility in Imperial, MO
Self-storage operator and third-party management firm Absolute Storage Management (ASM) has entered the Missouri market with the acquisition of Mr. B’s Storage in Imperial, Mo. Constructed in 2002, the facility was built on 6 acres at 6645 U.S. H…
RedBox Self-Storage Employee Arrested for Alleged Trade-Descriptions Violation in Hong Kong
A self-storage employee identified as a salesperson with RedBox Storage in Hong Kong has been arrested for allegedly violating the city’s Trade Descriptions Ordinance (TDO). Customs officials began investigating after several customers complained…