Ash Properties Inc., a development and property-management company that operates the Atlantic Self Storage brand in Florida, has teamed up with local businesses to collect donations for its “Back 2 School Supply Drive.” Contributions can be…
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Self-Storage-Based Charity Kure It Cancer Research Reaches $6M Fundraising Milestone
Kure It Cancer Research, a nonprofit dedicated to funding kidney cancer and other underfunded malignancies, has reached a $6 million milestone through continued support from self-storage organizations, including national and state industry associations…
Valet Self-Storage Startup Second Closet Raises $500K in Seed Money in a Single Day
Second Closet, a startup specializing in valet self-storage services in Toronto, recently raised $500,000 in seed funding in one day. The round was led by entrepreneurial brothers Michael and Richard Hyatt, along with AJB Software founder Naresh Bangia…
Judge Approves $5M Class-Action Settlement Against Self-Storage REIT Extra Space
U.S. Magistrate Judge Cathy L. Waldor of the District of New Jersey has approved a $5.08 million settlement in a class-action lawsuit against Extra Space Storage Inc., a self-storage real estate investment trust (REIT) and third-party management compan…
Twister Rips Through W&W Self Storage in Livingston, TX
A tornado that whipped through Livingston, Texas, Saturday afternoon caused serious damage at W&W Self Storage, ripping apart a building and leaving several units and their contents drenched by rain. A few local residents shared camera footage of t…
Miller-Valentine Group, CBC Atlantic Break Ground on 2 South Carolina Self-Storage Facilities
Update 9/21/17 – CBC Atlantic and Miller-Valentine Group have broken ground on a second three-story self-storage facility in South Carolina. Similar to the North Charleston project, the climate-controlled structure at the intersection of N. Rhett Avenu…
New Self-Storage and Office Building Planned for Brentwood, TN
Real estate investment firm BBCB Investments LLC is seeking zoning approval to redevelop two adjacent properties in Brentwood, Tenn., to a mixed-use site that will include self-storage and an office complex. The proposal for the 4.2-acre site at 255 an…
Self-Storage Components Manufacturer Janus International Makes Changes to Estimating Team
Janus International Group LLC, a manufacturer of self-storage roll-up doors and building components, announced key organizational changes to its estimating team. The company has created new roles to align business operations and core growth strategies,…
Wheat Capital Affiliate Breaks Ground on Margate, FL, Self-Storage Facility
Wheat II-Margate, an affiliate of private-equity firm Wheat Capital Management LLC, recently broke ground on a new self-storage facility in Margate, Fla. The company purchased the 2.6-acre site at 5400 N.W. 31st St. in January for $2.4 million. The fou…
Group Fights to Save Historic Train Station on Simply Self Storage Site in Highland Park, IL
The Highland Park, Ill., City Council approved a redevelopment ordinance on Monday that will allow Simply Self Storage (SSS) to build a three-story facility on the site of a historic train station. The developer had planned to demolish the former Brier…