Worcester County, Md., commissioners approved a text amendment last week that will allow self-storage facilities with 40,000 square feet of gross floor area (GFA) to be built in its C-2 general commercial district. Self-storage had previously been limi…
SmartStor Self Storage Opens in Columbia, PA
Jeff and Melissa Seibert, owners of development firm Columbia Investment Partners, have opened SmartStor Self Storage in Columbia, Pa., the couple’s first self-storage venture. The two-building facility at 100 Union St. comprises 40,000 square fe…
CubeSmart Self-Storage Facility to Be Built in Tewksbury, MA
CubeSmart, a self-storage real estate investment trust (REIT) and third-party management firm, is building a facility in Tewksbury, Mass. The project was approved last year, but land clearing has just begun, according to the source.
Vacant Kmart Site to Be Converted to Self-Storage in Titusville, FL
A commercial real estate investment company is seeking to convert a former Kmart in Titusville, Fla., to self-storage. The unnamed firm plans to invest nearly $4 million in the project, which includes the land purchase as well as property renovation an…
Help! I’ve Been Subpoenaed! The Self-Storage Operator’s Guide to Court Orders
If you own a self-storage facility long enough, you’ll eventually receive a subpoena for records or even witness testimony. You may also get a request from law enforcement to search a unit. Follow these practical steps when dealing with court ord…
Mequity, Jernigan Capital to Develop Self-Storage in Miami’s Little Havana
Mequity LLC, an Atlanta-based real estate development and investment firm focused on self-storage, and Jernigan Capital Inc., a merchant bank and advisory firm serving the same industry, intend to develop a 96,295-square-foot, 1,152-unit self-stor…
Madison Development Enters Solar Rooftop Agreement for Bronx, NY, Self-Storage Facility
Madison Development LLC, a Manhattan, N.Y.-based self-storage developer, has entered a 25-year lease agreement with renewable-energy company Altus Power America to add solar panels to its property in Bronx, N.Y. The community solar-panel system will be…
Strategic Storage Trust IV Acquires Texas City, TX, Self-Storage Facility
Strategic Storage Trust IV Inc. (SST IV), a public, non-traded, real estate investment trust sponsored by SmartStop Asset Management LLC, has purchased a self-storage facility in Texas City, Texas. Best Storage at 3730 Emmett F. Lowry Expressway compri…
Maximizing Self-Storage Land Use: Leveraging Zoning Allowances and Restrictions
There are many ways to maximize land use for a self-storage project, but a thorough understanding of zoning restrictions and how to leverage allowances is essential to getting the most out of a parcel.
3 Common Goals for Your Self-Storage Operation’s Social Media Marketing
Setting goals for your social media program will give you guideposts for the types of content you post, the platforms you use and the frequency of postings required. Here are three common objectives that will work for most any self-storage business.