Mike Erdman Motors Inc., a Merritt Island, Fla.-based auto-dealership group, is developing a self-storage facility in Rockledge, Fla. The project at Viera Boulevard and U.S. Highway 1 will comprise 63,941 square feet in 419 units, according to the sour…
Controversial Storage One Self-Storage Facility Opens Near Pickerington, OH
Update 9/30/16 – The controversial Storage One self-storage facility at 11955 Springcreek Drive near Pickerington held an open house on Sept. 22, including a ribbon-cutting ceremony. The first phase of the project comprising five storage building…
Factors to Consider When Exploring Self-Storage Conversion Opportunities
Converting an existing building to self-storage can lower the barrier to enter an underserved market as well as lower project costs. Here are some key factors to consider when exploring conversion opportunities.
Extra Space Paints Over Cloud Mural at San Francisco Self-Storage Facility
Extra Space Storage Inc., a publicly traded self-storage real estate investment trust and third-party management firm, is painting over a mural at one of its San Francisco facilities that has been visible to freeway motorists since 1998. Painted by art…
Stock N Lock of Worcester, England, Wins SSA-UK Award for Best UK Self-Storage Facility and Operator
Stock N Lock Self Storage in Worcester, England, has been chosen as “Best UK Facility and Operator” for the second consecutive year by the Self Storage Association of the United Kingdom (SSA-UK). Company representatives Lizzie Calaghan, Rya…
Access Storage Gets Rezoning for New Self-Storage Facility in Huntington, IN
Progressive Investment Company LLC (PIC), a real estate development firm that operates self-storage facilities under the Access Storage Now brand, intends to build a storage facility on a 3-acre portion of a vacant field in Huntingburg, Ind. The planni…
Inside Self-Storage Releases Slideshow on 2016 Top-Operator Data
Inside Self-Storage (ISS) has released a slideshow focusing on key data from its 2016 Top-Operators List, an annual compilation ranking the industry’s leading players by net rentable square feet. “The 2016 Top-Operators List: Top-Heavy Growth and…
Real Estate Roundup: Self-Storage Transactions September 2016
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. Fol…
SmartStop CEO Speaks at 2nd Annual Self-Storage Symposium by Evercore ISI
H. Michael Schwartz, chairman and CEO of SmartStop Asset Management LLC, a diversified real estate company that manages 89 self-storage facilities in Canada and the United States, participated in a panel discussion today on acquisition trends during th…
Affiliate Self-Storage REITs of SmartStop Asset Management Release 2nd Quarter 2016 Financial Results
Affiliate real estate investment trusts (REITs) sponsored by SmartStop Asset Management LLC, a diversified real estate company specializing in self-storage, have released their financial statements for the quarter that ended June 30, 2016. During the s…