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Monthly Archives: September 2016

Mike Erdman Motors Develops Self-Storage Facility in Rockledge, FL

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…

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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…

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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.

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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