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Monthly Archives: November 2017

Pinnacle Storage Proposes Self-Storage Development for Jupiter, FL

Self-storage developer Pinnacle Storage LLC has proposed building a three-story facility at 1400 W. Indiantown Road in Jupiter, Fla. The project would include demolishing and replacing the former Ellison Graphics building, a vacant single-story structu…

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Lok’nStore Acquires Self-Storage Development Site in Bournemouth, England

U.K. company Lok’nStore Group PLC, which operates self-storage and records-storage facilities, has acquired a 3-acre property in Bournemouth, England, on which it intends to build a freehold storage asset. The £8 million project on Castle Lane, n…

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Andover Properties to Build Storage King Self-Storage Facility in Homestead, FL

Andover Properties LLC, which operates the Storage King USA brand, has purchased a 3-acre parcel in Homestead, Fla., on which it plans to build a 110,000-square-foot self-storage facility. The property will feature one multi-story, climate-controlled b…

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HB Capital Group/Liberty Base Investments to Build Self-Storage Facility in Kissimmee, FL

Real estate development and investment firms HB Capital Group LLC and Liberty Base Investments are building a three-story self-storage facility on Vineland Road in Kissimmee, Fla. The land on which the project will be built is part of an 82-acre time-s…

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Creating and Managing Your Self-Storage Construction Timeline

One of the more vexing tasks when building a self-storage facility is creating and managing the construction timeline. Here’s an overview of the various stages and what you can do to streamline the process.

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‘Emergency Moratorium’ on Self-Storage Development Approved for Ferndale, WA

Update 11/13/17 – Though Ferndale councilmembers and city staff expressed reservations about imposing a six-month ban on self-storage development during a Nov. 6 meeting, the council approved the moratorium. A public hearing on the ordinance is r…

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National Storage Affiliates Trust Acquires 27-Property Store Here Self-Storage Portfolio

National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has acquired a 27-property portfolio spanning six states from Store Here LLC, a joint venture between self-storage operator Store Her…

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Storage Vault to Open 7 New Self-Storage Sites Across Scotland

Storage Vault Ltd., which operates three self-storage facilities in Scotland, intends to develop seven new locations across the region. The projects will incorporate the company’s model of flexible workspace, offering a mix of storage, office and…

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Self-Storage Conversion Project Approved for Paris, ME

Real estate developers Daniel and Nickolaus Reavis received approval from the Paris, Maine, Planning Board last month to convert a former grain mill to self-storage. The pair entered a five-year lease on Oct. 1 on the building at 8 Skillings Ave., wher…

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Champion Self Storage in Grayson, GA, Expands

Champion Self Storage, which operates four facilities in Florida and Georgia, is growing its Grayson, Ga., facility. Expected to be complete in May 2018, the expansion at 2415 Loganville Highway S. W. will add 38,363 square feet of storage space in 417…

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