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…
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Big Yellow Self Storage Announces Results for 6 Months Ended Sept. 30, Increases Occupancy Goals
U.K. self-storage operator Big Yellow Group PLC released financial operating-performance results for the first six months of its 2017 fiscal year, which ended Sept. 30. The company reported same-store revenue of £57.1 million for the period, up 6…
Montreal Mini-Storage Group Acquires 2 Canadian Self-Storage Facilities
Montreal Mini-Storage Group has purchased a two-property self-storage portfolio in Montreal, Quebec, Canada, from Dalfen American Corp., a real estate investment manager focused on industrial properties in Canada and the United States. Together, the si…
Former Prime Storage VP Launches New Self-Storage Consulting Firm
Cindy Ashby, the former vice president of operations for Prime Storage Group, which owns 175 self-storage facilities in more than 20 states, has launched a new consulting firm. Dynamic Self Storage Solutions is designed to fill the growing demand for h…
Assured Self Storage to Build New Facility in Phoenix
VLC Enterprises LLC has purchased 4.15 acres in Phoenix to develop a $7.5 million Assured Self Storage facility. The property on the southwest corner of 48th Street and Baseline Road is in the Pointe South Mountain Business Park. Once complete, it&rsqu…
Self-Storage REIT Public Storage Launches ‘Holiday Stories’ Video Contest
Update 12/13/17 – Public Storage has announced the finalists in its “Holiday Stories” video contest, with winners set to be declared this week based on viewing totals through Dec. 12. The company chose three consumer and two employee …
StoreLocal Partners With storEDGE to Offer Self-Storage Software to Members
StoreLocal, a cooperative created by independent self-storage operators to offer member benefits with economies of scale, has partnered with storEDGE to offer management software to its members. The storEDGE API (application program interface) will all…
Self-Storage Owner, Arkansas State Senator Dies After Battle With Cancer
Greg Standridge, an Arkansas state senator and self-storage owner, died Nov. 16 after a battle with cancer. Standridge was a Russellville, Ark., native who owned Access Mini Storage and co-owned Coffman Standridge Inc. insurance agency in his hometown….
Amsdell Cos./Compass Acquires Safe & Secure Self Storage in Fort Worth, TX
Compass Self Storage, a member of the Amsdell family of companies, has acquired Safe & Secure Self Storage in Ft. Worth, Texas. It’s the company’s seventh location in the Dallas/Fort Worth market, according to a press release. The site …
Clark Investment Group, Post Management Convert North Bergen, NJ, Warehouse to GoodFriend Self-Storage
A joint venture between Clark Investment Group (CIG) and Post Management Self-Storage recently converted an industrial warehouse in North Bergen, N.J., into a GoodFriend Self-Storage facility. The two-story building at 4301 Tonnelle Ave. comprises 89,8…