1784 Capital Holdings LLC, a Scottsdale, Ariz.-based real estate developer, has purchased 4.8 acres in Surprise, Ariz., on which it plans to build a self-storage facility. The property at 14120 and 14150 N. Litchfield Road was acquired from Levine Inve…
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Personal Mini Storage Acquires Saint Cloud, FL, Self-Storage Facility
Florida self-storage operator Personal Mini Storage has purchased C&M Mini Warehouse in Saint Cloud, Fla., now the company’s second facility in the city and 41st overall. The property at 3690 Old Canoe Creek Road, built in 2001, comprises mor…
Self-Storage Proposed for Flag-Shaped Lot in Napa, CA
Real estate developer Don Kellebrew and property owner Robert Hager Jr. have filed plans in Napa, Calif., to build a self-storage facility on a 1.2-acre, flag-shaped lot. The asset would comprise 25,700 square feet in about 77 units. The $3 million pro…
Yardi Expands Matrix Data-Services Tool to 125 Self-Storage Markets
Yardi Systems Inc., which provides management software for self-storage and other types of real estate, has expanded its Yardi Matrix self-storage data-services platform to 125 markets from 99. The asset-management and business-development tool now inc…
The Storage Group Releases ‘Market Intel’ Competitor Pricing and Analysis Tool for Self-Storage
The Storage Group (TSG), an Internet-marketing company serving the self-storage industry, has added a rental-rate tracking tool to its platform. The Market Intel service provides customers with rate-comparison information and average price differences …
ISS, Tenant Property Protection Publish Case Study on Self-Storage Fire and Related Losses
Inside Self-Storage (ISS) and Tenant Property Protection (TPP) have released a new publication titled, “2017 Case Study: What Happens When the Unexpected Happens.” The free downloadable PDF chronicles how self-storage tenant losses were cov…
Self-Storage Rezoning Request Shot Down in Charleston, WV
The Charleston, W.V., Municipal Planning Commission has denied a request from real estate developers Josh Duncan and Donald Huber to rezone a residential parcel in favor of a self-storage facility. The application faced strong opposition from residents…
Mequity Buys Manhattan, NY, Property for New CubeSmart-Managed Self-Storage Facility
Atlanta-based self-storage developer Mequity LLC has acquired a former Moving Man storage building in New York City for $15.6 million. Mequity intends to convert the structure into a seven-story self-storage facility comprising 40,593 net rentable squa…
Valet Self-Storage Startup Blue Crates Launches Service in Chicago
Blue Crates LLC, a startup business specializing in valet self-storage, has launched service in Chicago. The company uses an online platform that allows customers to schedule item pickup, maintain a visual catalog of stored belongings, and schedule del…
Self-Storage Investment Firm Harrison Street Raises $1.16B for Fund VI
Investment-management firm Harrison Street Real Estate Capital LLC (HSRE), which has extensive interests in “needs-based” real estate, including self-storage, has closed its latest fund, Harrison Street Real Estate Partners VI LP (Fund VI),…