Self-storage finance firm ValueXpress LLC has promoted Dennis Suh to senior vice president of originations. Suh joined the company last August as a vice president for the firm’s commercial loan originations group, focusing on agency and commercia…
Recent Posts by Inside Self Storage Only Feed
Multi-Story Self-Storage Project Causes Resident Outrage in Hobsonville, Auckland, New Zealand
Residents are angry about a four-story self-storage development that’s under construction in Hobsonville, a rural suburb of Auckland, New Zealand. The National Mini Storage facility on Hobsonville Road is across from several homes and a school.
Amsterdam, NY, Planners Consider Self-Storage Proposal From Secured Storage USA
A development proposal from self-storage owner Joseph Giardino was reviewed last week by the Amsterdam, N.Y., Planning Board, which pushed it forward for examination by the Montgomery County, N.Y., Planning Board. Giardino, who already operates a Secur…
Titan Properties Seeks to Convert Bowling Alley to Self-Storage in Orlando, FL
Update 11/21/17 – The municipal planning board unanimously recommended the Titan self-storage project for approval last month, with several conditions. Plans for what will now be a three-story structure will be examined by city staff during an ap…
SoBe Wine & Self Storage Opens in Flamingo/Lummus Neighborhood of Miami Beach, FL
EP Sobe Storage has opened its self-storage facility in the historic Flamingo/Lummus neighborhood of Miami Beach neighborhood, but under a different name than originally reported. Sobe Wine & Self Storage includes three stories and 1,000 storage un…
Merrillville, IN, Fitness Center Could Become Self-Storage
Update 8/28/17 – The Merrillville Planning Commission approved a conceptual PUD for Shreibak’s proposed self-storage development at 240 W. 79th Ave. The concept includes 80 “pod-style” storage units in the parking lot. Though th…
Metro Storage Acquires 2-Property Self-Storage Portfolio in Montgomery, AL
Metro Storage LLC, which operates more than 120 self-storage locations in 12 states, has purchased a two-property portfolio in Montgomery, Ala., for $21.7. Though the facilities were branded and managed by self-storage real estate investment trust Extr…
McLean Investment Bank Hires Self-Storage Veteran to Lead Real Estate Practice Group
The McLean Group, a Virginia-based investment bank, has hired self-storage developer Jeff Weber to lead its newly formed Real Estate Practice Group. The division will service the “lower-middle real estate market” by arranging capital or pro…
Sentry Self Storage Management Reports 2Q 2017 Financial Results
Sentry Self Storage Management, an industry management and consulting firm, has released its second-quarter 2017 operating results showing year-over-year improvement in revenue, net operating income (NOI) and occupancy. The company reported revenue gro…
West Coast Self-Storage Redevelops Beaverton, OR, Facility
West Coast Self-Storage Group, with help from its financial partner, Catalyst Storage Investors LLC, has demolished and rebuilt its facility in Beaverton, Ore. Three years in the planning, the redevelopment included the acquisition of adjacent land, th…