Macritchie Storage LLC, a self-storage developer based in Calgary, Alberta, Canada, is planning to convert a former soap factory in New Brunswick, N.J., to self-storage. The company purchased the property at 1007 Jersey Ave. for $2.7 million, according…
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Self-Storage REIT Life Storage Acquires 3-State, 18-Asset Portfolio
Self-storage real estate investment trust (REIT) Life Storage Inc. and a joint-venture partner have acquired 18 facilities in Arizona, Nevada and Tennessee. The REIT holds a 20 percent ownership interest, according to a press release, and the propertie…
Several Self-Storage Projects in the Works in Collier County, FL
Update 1/22/18 – Four self-storage projects affiliated with real estate developer Johnson Development Associates Inc. (JDA) are nearing completion in the Naples area. The 776-unit development known as Rattlesnake Self Storage will be three storie…
Valet Self-Storage Operator Clutter Receives $64M Investment to Fuel Expansion
Valet self-storage operator Clutter has raised $64 million in a Series C round of investment to help fund expansion to new markets around the world. The round was led by U.K.-based venture-capital firm Atomico, which was joined by Fifth Wall Ventures, …
ISS News Desk: Free Inside Self-Storage Business Resources Heat Up the Summer Season
As summer nears and temperatures rise, the number of free information resources available from Inside Self-Storage is also climbing. This News Desk takes a look at the recently released image gallery on facility design, data collection for the ann…
Margate, FL, Officials Make Self-Storage Development Ban Indefinite
Update 9/14/17 – Margate officials have decided to make the city’s ban on self-storage indefinite. Though city staff suggested Margate could confine future storage development within its industrial zone, commission members instead decided t…
2017 Best of Business Poll – Vote Now!
Vote today for your favorite suppliers in more than 30 product and service categories such as Best Builder, Best Marketing Services, Best Security System, Best Self-Storage Door and many others. Voting ends June 30.
Wildwood, FL, Zoning Board Grants Special Exception for Self-Storage
A special magistrate for the Wildwood, Fla., Planning and Zoning Board granted an exception on Tuesday for a proposed self-storage project. Planned for the north side of State Road 44, the facility would include one three-story building and four single…
Self-Storage Tenant Charged With Forgery, Criminal Impersonation in Pearcy, AR
A self-storage tenant was arrested in Pearcy, Ark., on Monday on a felony count of second-degree forgery and a misdemeanor count of second-degree criminal impersonation. Jason Alan Alexander, 35, allegedly used another person’s name and driver&rs…
CBRE Releases Self-Storage Operating Expense Report for 1Q 2017
CBRE Group Inc., a commercial real estate services and investment firm, has released its “Self Storage Operating Expense Report” for the first quarter of 2017 through its Valuation & Advisory Services Division. The four-page report incl…