The Scott County Board of Supervisors unanimously approved a zoning permit for a mixed-use project in Gate City, Va., last week that will include self-storage as well as a country store with a deli. The parcel at the intersection of Warm Springs and Yu…
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Self-Storage REIT National Storage Affiliates Trust Adds Personal Mini Storage as 8th Regional Operator
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has signed an agreement to add Florida-based Personal Mini Storage as the REIT’s eighth participating regional operator (PRO). …
ISS, Live Oak Bank Publish Self-Storage Lending Case Study
Inside Self-Storage (ISS) and Live Oak Bank, which includes a self-storage lending division, have released “A Path to Self-Storage Ownership: A Lending Case Study of Mike Castleman, Owner of Castlerock Interests.” The free digital publicati…
Executives From Self-Storage REITs Present at 2017 Citi Global Property CEO Conference
Executives from self-storage real estate investment trusts (REITs) Extra Space Storage Inc. and Life Storage Inc. will make roundtable presentations during the 2017 Global Property CEO Conference, an event designed for institutional investors…
Storage Share Peer-to-Peer Self-Storage Service to Launch in the UK
Storage Share B.V., a Dutch-based peer-to-peer self-storage marketplace, will launch service this year in the United Kingdom, according to a press release. Similar to other shared-economy networks, the company provides an online platform through which …
Andover Properties/Storage King USA Acquires Self-Storage Facility in Ft. Myers, FL
Andover Properties LLC, which operates the Storage King USA self-storage brand, has purchased Route 80 Storage in Ft. Myers, Fla. It’s the company’s second acquisition in the region and ninth in the state. The facility will be integrated in…
Self-Storage Firm Investment Real Estate LLC Hires Controller
Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has hired Vicki Hinson as controller. Hinson will be responsible for managing the daily accounting for the Investment Real Estate Group of Co…
Self-Storage REIT Public Storage Adds New Member to Board of Trustees
Public Storage Inc., a self-storage real estate investment trust (REIT), has appointed Leslie S. Heisz, 56, as an independent trustee to its board. Heisz’s term began Feb. 23 and expands the board to nine trustees, six of whom are independent, ac…
Somersworth, NH, Self-Storage Facility Expands
Somersworth Storage LLC is expanding its self-storage facility at 240 Route 108 in Somersworth, N.H. Construction began on a three-story, climate-controlled building last fall and is expected to be complete in August, according to the source. The new b…
Mixed-Use Project Containing Self-Storage Approved for Newnan, GA
The Coweta County Board of Commissioners last week approved the development of a mixed-use property in Newnan, Ga., that will include self-storage. The board voted on Feb. 21 to rezone a 10-acre tract on Georgia State Route 16, just west of the Senoia,…