Atlanta-based real estate development and investment firms NitNeil Partners and Live Oak Capital Partners have joined forces to develop an “urban-inspired” self-storage facility in Charleston, S.C. The three-story building at 1540 Meeting S…
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Byrds Mini Storage Owners Buy Self-Storage Facility in Pinson, AL, for $1M
Mark and Calvin Byrd, owners of Byrds Mini Storage, which operates one self-storage facility in Alabama and seven in Georgia, recently purchased Safeguard Storage in Pinson, Ala., for $1 million. The property at 6401 Old Springville Road, Suite 137, co…
CubeSmart Buys Signature Self Storage in Boynton Beach, FL, for $10.5M
CubeSmart, a publicly traded self-storage real estate investment trust (REIT), has acquired the former Signature Self Storage in Boynton Beach, Fla., for $10.5 million, or $142 per square foot. The property at 7960 Venture Center Way was owned by Herbe…
Banner Storage Group Eyes Former Movie Theater in Chicago for Self-Storage Conversion Project
Banner Storage Group LLC, a subsidiary of Banner Apartments LLC that buys, builds, finances and sells self-storage properties, is eyeing a former movie theater and adjacent carwash in Chicago for a potential self-storage conversion project. Called an &…
Inside Self-Storage Collects Data for 2015 Top-Operators List
Inside Self-Storage (ISS) is now collecting data for its 2015 Top-Operators List, which identifies 100 of the self-storage industry’s leading operators based on total net-rentable square footage. The list includes facility and brand owners, independent…
OpenTech Alliance Whitepaper Examines Self-Storage Technology Use in 2014
OpenTech Alliance Inc., a Phoenix-based provider of self-serve kiosks, call-center services and other technology for self-storage businesses, has published a whitepaper examining use of industry technology in 2014. Titled “2015 Self-Service Techn…
Real Estate Developer Revives Mixed-Use, Self-Storage Project in Sacramento, CA
Real estate developer Bryant Properties has revived plans for a mixed-use project that includes self-storage, apartments and retail in an area of Sacramento, Calif., that has become a “redevelopment corridor” in recent months. The project, …
UK Self-Storage Operator Safestore Launches ‘Great Donate’ Challenge
Safestore, which operates more than 120 self-storage facilities in the United Kingdom, is launching the “Great Donate” drive in July to collect books, clothes, household goods and toys to benefit Scope, which provides advice, information an…
UK Self-Storage Operator Safestore Launches ‘Great Donate’ Challenge
Safestore, which operates more than 120 self-storage facilities in the United Kingdom, is launching the “Great Donate” drive in July to collect books, clothes, household goods and toys to benefit Scope, which provides advice, information an…
National Storage REIT Agrees to Buy 5-Property Self-Storage Portfolio in New Zealand for $23M
Australian self-storage operator National Storage REIT (NSR) has agreed to purchase a five-property portfolio in Christchurch, New Zealand, for $23 million. The properties are in the communities of Belfast, Ferrymead, Hornby, Opawa and Redwood. NSR off…