Update 8/18/17 – The Deerfield Planning Board voted unanimously on Monday to recommend the self-storage project proposed by Ideal Movers and Storage. Revised plans from the project engineer to address water-drainage issues were discussed during t…
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Council Approves Self-Storage for Former Bar Site in Mill Hall, PA
The Mill Hall, Pa., Borough Council this week gave conditional approval for a self-storage facility to be developed on the site of the former Benji’s Bar. JET LLC, which owns the property on N. Water St., plans to build a 40-by-150-foot metal bui…
Colorado Springs, CO, Self-Storage Employee Accused of Accosting Disabled Woman
A disabled woman was allegedly struck in the head with a sign on Saturday by a Colorado Springs, Colo., self-storage employee who reportedly told her she was trespassing. Rachel Flanary was walking home from a nearby store when she became dizzy and sto…
Stock N Lock Self Storage of Worcester, England, Participates in Hospice Walk-a-Thon
A team from Stock N Lock Self Storage in Worcester, England, is participating in a walk-a-thon fundraiser on Aug. 6 to benefit St. Richard’s Hospice, an independent charity for patients living with life-threatening illnesses. Ryan Kemili, busines…
Real Estate Roundup: Self-Storage Transactions July 2017
Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Fol…
Self-Storage Investor Virtus Real Estate Capital Raises $408M
Virtus Real Estate Capital LLC, a real estate private equity firm, has raised $408.5 million, the majority of which will be used for property investments including self-storage. Of the committed amount, $308.5 million is earmarked for Virtus Real Estat…
Developer Seeks to Build 5-Story Self-Storage Facility on Site of Former McDonalds in Birmingham, AL
Real estate developer Brooks Lumpkin of Lumpkin Development is facing opposition to build a five-story self-storage facility on a former McDonald’s site in Birmingham, Ala. Lumpkin’s variance request for shorter setbacks on the property alo…
SoBe Wine & Self Storage Opens in Miami Beach, FL
SoBe Wine & Self Storage has opened in a historic neighborhood in Miami Beach, Fla., close to commercial, residential and retail. The three-story property at 633 Alton Road contains nearly 1,000 storage units in varying types, including traditional…
National Self Storage Breaks Ground on Marana, AZ, Facility
National Self Storage (NSS) recently broke ground on a new property in Marana, Ariz. The development will be the first multi-story, climate-controlled storage facility in Dove Mountain, a master-planned community about 40 minutes from Tucson, according…
Extra Space Opens New Self-Storage Facility in Chicago’s Wicker Commons Shopping Mall
Update 8/2/17 – While the first phase of the Wicker Park Extra Space facility is now open, developers Cedar Street Capital and JSM Venture Inc. are also converting the adjoining building at 1300 N. Ashland Ave. to self-storage to house the bulk o…