Devon Self Storage, a California-based operator that owns or manages 50 facilities nationwide, has acquired two storage properties in Fort Worth, Texas, and Yukon, Okla., in partnership with an unidentified state retirement system.
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Former Paper Factory to Be Converted to Self-Storage in South Philadelphia
Real estate developer Gary Ott is converting a former paper factory in South Philadelphia into Philly Self Storage, which will comprise more than 2,000 units once complete. Ott purchased the Dubin Paper Co. building in February for $3.25 million, accor…
Self-Storage REIT Extra Space Makes Changes to Executive Team, Board of Directors
Extra Space Storage Inc., a self-storage real estate investment trust (REIT) and third-party management firm, has realigned its executive team and board of directors. Charles L. Allen is stepping down from his post as chief investment officer (CIO), bu…
Love’s Storage Solutions Opens Self-Storage Facility in El Paso, TX
Love’s Travel Stops & Country Stores, a national chain of roadside travel centers that include convenience stores, gas stations and restaurants, has opened its second self-storage facility under the Love’s Storage Solutions brand name. The ne…
Rezoning Requested for Self-Storage Project in Amherst, NY
Real estate developer David Hart has submitted an application to rezone a 5.6-acre parcel in Amherst, N.Y., on which he intends to develop an 87,000-square-foot self-storage facility. During a public hearing this week, the town board agreed to vote on …
Milwaukee Warehouse to Be Converted to Self-Storage Facility
Milwaukee Storage Partners LLC, a Chicago-based development group, purchased a 124,247-square-foot warehouse in Milwaukee for $3 million, which it plans to convert to a self-storage facility next year. The seven-story building at 420 W. St. Paul Ave. i…
Milwaukee Warehouse to Be Converted to Self-Storage Facility
Milwaukee Storage Partners LLC, a Chicago-based development group, purchased a 124,247-square-foot warehouse in Milwaukee for $3 million, which it plans to convert to a self-storage facility next year. The seven-story building at 420 W. St. Paul Ave. i…
Self-Storage Developer Proposes Creative Tax Solutions for Project in Prospect Heights, IL
Update 7/3/15 – Prospect Heights aldermen recently approved a Cook County, Ill., Class 7C tax incentive for the vacant property on which developer Jonathan Lunn intends to build a self-storage facility. The tax request was submitted by Lunn&rsquo…
Self-Storage Developer Proposes Creative Tax Solutions for Project in Prospect Heights, IL
Update 7/3/15 – Prospect Heights aldermen recently approved a Cook County, Ill., Class 7C tax incentive for the vacant property on which developer Jonathan Lunn intends to build a self-storage facility. The tax request was submitted by Lunn&rsquo…
Self-Storage Mural Depicting History of Pacifica, CA, Nears Completion
A large mural depicting the history of Pacifica, Calif., is nearing completion at a local self-storage facility. Artist David Alonzo and a crew of volunteers are about two-thirds of the way through painting the 72-foot long, 12-foot high artwork on the…