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…
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Property-Management Firm Garber Enterprises Proposes Self-Storage for Lawrence, KS
Property-management company Garber Enterprises Inc. intends to develop a self-storage facility on 11.36 acres in the 1700 block of E. 902 Road in Lawrence, Kan. The Douglas County Commission last week unanimously approved a conditional-use permit, foll…
Residents Oppose Proposed Self-Storage Facility in Chesapeake, VA
Mini Price Storage, a Virginia-based self-storage operator, intends to build a multi-story facility on a property in the Western Branch community of Chesapeake, Va., but residents appear to oppose the project. The development would require a zoning cha…
West Coast Self-Storage Proposes New Facility for Seattle
Update 8/17/17 – Seattle officials are discussing a joint request from West Coast and Nucor Corp., a steel manufacturer, to vacate rights of way (ROWs) owned by the Port of Seattle, better align adjacent land parcels and accommodate West Coast&rs…
Amsdell Cos./Compass Acquires All Star Self Storage in McKinney, TX
Compass Self Storage, a member of the Amsdell family of companies, has purchased All Star Self Storage in McKinney, Texas. It’s the company’s ninth acquisition this year. The site was purchased by separate affiliates of Amsdell Group LLC an…
Storm Pulls Roof Off Hinckley, IL, Self-Storage Facility, Destroys 20 Units
A Wednesday storm ripped the roof off a self-storage facility in Hinckley, Ill., sending building particles scattered and leaving the units vulnerable. The 11:30 p.m. gale demolished one of the two buildings at Hinckley Self Storage at 15331 Route 30. …
Self-Storage Firm Storage Asset Management Hires Project Manager/Analyst, District Manager
Storage Asset Management (SAM), a property-management and consulting firm, has hired Jim Ferguson as project manager/analyst and Jesse Livingston as district manager. Ferguson will supervise projects, analyze operational data and streamline processes f…
Self-Storage REITs Strategic Storage Growth Trust, Strategic Storage Trust II Report 1Q 2017 Results
Strategic Storage Growth Trust Inc. (SSGT) and Strategic Storage Trust II Inc. (SST II), both public, non-traded, self-storage real estate investment trusts (REITs) sponsored by SmartStop Asset Management LLC, have released their financial statements f…
Global Self Storage Reports First-Quarter 2017 Results
Global Self Storage Inc., a self-storage real estate investment trust (REIT), has released its financial statement for the quarter that ended on March 31, 2017. During the first quarter, the company increased combined-store revenue 53 percent to $1.75 …
Storage Business Owners Alliance, List Self Storage Name Director of Marketing and Communications
Storage Business Owners Alliance LLC (SBOA), a buying group for the U.S. self-storage industry, and List Self Storage (LLS), which operates a website for real estate professionals to list and identify facilities for sale, have promoted Alison DeJaeger …