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A joint venture between landscaping contractor Carl J. Sanders Construction Inc. and building contractor Kahne Corp. has purchased an 8-acre parcel in the Tehaleh development near Bonney Lake, Wash., on which they plan to build a 100,000-square-foot se…

Update 3/23/17 – The Kansas House of Representatives yesterday passed an amended version of the senate bill that would allow self-storage operators to sell tenant insurance to customers. With a 99-24 vote, legislators approved adding a limited li…

In today’s competitive self-storage market, customers won’t automatically come to your facility—where you choose to build is key. Here’s an overview of the site-selection process and how it impacts project viability.

After moving back home with Mom and Dad, where should an inventor keep his prized creations? Self-storage, of course. In this short commercial from real estate investment trust Extra Space Storage, the comical entrepreneur enthusiastically demonstrates…

The communities of Dryden and Lansing, N.Y., have seen an uptick in self-storage development due to local demand for climate-controlled units and a reduction in available building space in nearby Ithaca, N.Y. There are at least five projects comprising…

Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, has invested $61.7 million in five multi-story development projects in Florida, Georgia, Louisiana and Texas. All the projects are in the proposal stage. Togeth…

Successful investment in self-storage can be accomplished through several strategies, all with varying levels of risk and reward. Here are three creative options: commercial condominium acquisitions, bridge-loan financing and joint-venture equity partn…

Next Door Self Storage, which operates 14 facilities in Illinois, recently received an award for improving its property in Algonquin, Ill. The company demolished an office building at 1910 E. Algonquin Road and constructed a 30,000-square-foot, climate…

Update 7/19/17 – NorthPoint Development has opened the first two sites in its multi-facility development initiative. The Beyond Self Storage properties at 2321 McCausland Ave. in St. Louis and 17481 N. Outer 40 Road in Chesterfield began operatin…

Employees at a SecurCare Self-Storage Inc. facility in Tulsa, Okla., halted a possible burglary at 6 a.m. this morning after noticing a man inside a unit that wasn’t rented by him. The staff had been on alert due to other break-ins at the propert…