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Brooks Chadwick Capital Seeks to Build 3-Story Self-Storage Facility in Marietta, GA

Brooks Chadwick Capital LLC, a privately held real estate investment company, is seeking zoning approval to add a three-story self-storage facility to a mixed-use property it’s developing in Marietta, Ga. The company received the green light last…

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Natchez Group Develops Self-Storage Facility in Hendersonville, TN

Self-storage developer The Natchez Group received preliminary approval in late December to build a new facility in Hendersonville, Tenn. The company is working with the city’s planning department to finalize the project design and hopes to break …

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First Neck Self-Storage Group Raises $50M for Property Acquisitions

First Neck Self-Storage Group LLC, a joint venture between asset-management and investment-advisory firm CSM Capital Corp. and real estate investment and management company Self-Storage Capital Partners (SSCP), has raised $50 million with the intent to…

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Self-Storage Manager Accused of Stealing More Than $100K in Mount Zion, IL

The former manager of Mount Zion Self-Storage in Mount Zion, Ill., was arrested on Wednesday under suspicion that she embezzled more than $117,000 during a five-year period. Tamme R. King, 56, received a preliminary charge of theft over $10,000 after a…

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7-Story CubeSmart Self-Storage Facility Planned for Uptown Charlotte, NC

East 7th St LLC, a company affiliated with real estate developer Proffitt Dixon Partners, intends to build a seven-story self-storage facility in the Uptown area of Charlotte, N.C. The climate-controlled structure will be built on a 1-acre site at 969 …

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Liberty Investment Properties, Osprey Capital Open Extra Space Storage Facility in St. Petersburg, FL

Liberty Investment Properties Inc., which develops and operates commercial real estate, has opened a new self-storage facility in downtown St. Petersburg, Fla., in partnership with lender Osprey Capital as well as some private investors. The four-story…

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Sentry Self Storage Management Reports 4Q 2017 Financial Results

Sentry Self Storage Management, an industry management and consulting firm, has released its fourth-quarter 2017 operating results showing year-over-year improvement in revenue, net operating income (NOI) and occupancy. The company reported revenue gro…

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Lumber Site to Be Repurposed to Self-Storage in Centralia, MO

The Centralia, Mo., Board of Aldermen unanimously approved a zoning request last week that will allow a former lumber site to be converted to self-storage. Rob and Sara Paben plan to repurpose the LaCrosse Lumber property at 212 W. Singleton St., accor…

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U-Haul Converts 3 Properties to Self-Storage in Arizona, Indianapolis and Utah

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage facilities across North America and frequently recycles existing structures for its new locations, is converting three more properties to self-storage. The sites are i…

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Westport Properties/US Storage Centers Acquires Magellan Storage in Commerce, CA

Westport Properties Inc. (WPI), which operates 122 self-storage facilities under the US Storage Centers brand, has purchased Magellan Storage in Commerce, Calif., a suburb of Los Angeles. The company now owns and operates 16 locations in the area, acco…

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