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2nd Annual Latin America Self Storage Expo to Take Place in Cancun, Mexico, May 3-5

The second annual Latin America Self Storage Trade Show, an event designed for facility developers, investors and operators interested in the Central and South America markets, will be held May 3-5 at the Omni Cancun Hotel and Villas in Cancun, Mexico….

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SmartStop Asset Management to Form Joint Venture with SmartREIT Focusing on Canada Self-Storage

SmartStop Asset Management LLC, a diversified real estate company that manages 103 self-storage facilities in Canada and the United States, will partner with Canadian real estate investment trust SmartREIT in a joint venture to develop and co-own self-…

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Self-Storage Operator Right Move Offers Tenants Free, Unlimited Cloud Storage With VaultDrop

Right Move Storage LLC, a real estate firm specializing in the acquisition, development, management and operation of self-storage facilities, is offering new tenants at its owned and managed properties free, unlimited cloud storage through VaultDrop LL…

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LSC Development to Build Chicago Self-Storage Facility After Settling Lawsuit Against the City

Update 4/19/17 – A Cook County judge denied the injunction motion from Northwest Side Unite to stop the zoning change to the self-storage development site on Northwest Highway. Though the April 13 judgment improves the status of the LSC Developme…

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U-Haul Converts Former Zellers Store to Self-Storage in Kelowna, British Columbia, Canada

Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, has converted the former Zellers department store in Kelowna, British Columbia, Canada, to self-storage. The 110,000-square-foot facili…

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2 Self-Storage Projects Under Development in Lenoir City, TN

Two self-storage projects are under development along U.S. Highway 321 in Lenoir City, Tenn. One is a conversion of a former boat dealership, while the other is a newly built site.

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Real Estate Firm Marcus & Millichap Promotes Mele to Senior Managing Director of Investments

Marcus & Millichap Real Estate Investment Services, a commercial property-investment firm prominent in the self-storage industry, recently named Michael Mele as senior vice president of investments in the company’s Tampa, Fla., office. Most r…

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Self-Storage Firm Investment Real Estate Names New Director of Operations

Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has promoted Jason Carl to director of operations. His responsibilities will include setting policies and systems to ensure the achievement o…

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Self-Storage Firm Strategic Storage Trust II Names New President

Strategic Storage Trust II Inc. (SST II), a public, non-traded, self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has appointed Michael S. McClure as the company’s new president. He replaces H. Michael Schwar…

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UK Self-Storage Operator Lok’nStore Releases Pre-Close Financial Results for First Half of Fiscal 2017

U.K. company Lok’nStore Group PLC, which provides self-storage and records-storage services, released a pre-close update for the first half of its 2017 fiscal year, which ended Jan. 31. The company reported a 3.9 percent year-over-year increase in self…

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