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Equity Firm MPM Seven Prepares to Build Self-Storage in Wabasso, FL

Real estate developer Bob McKinley, who manages Canada-based private-equity firm MPM Seven LP, intends to build a self-storage facility in Wabasso, Fla. The developer is still creating a site plan for a self-storage structure of up to 60,000 square fee…

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Extra Space Buys Chandler, AZ, StorQuest Self Storage Facility for $9.5M

Extra Space Storage Inc., a publicly traded self-storage real estate investment trust and third-party management firm, has purchased a StorQuest Self Storage facility in Chandler, Ariz., for $9.5 million. The property at 2150 N. Arizona Ave. comprises …

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Westport Properties/US Storage Centers Acquires 3-Property Self-Storage Portfolio in Phoenix

Westport Properties Inc. (WPI), which operates 110 self-storage facilities under the US Storage Centers brand, has acquired the three-property Sentinel Mini-Storage portfolio in Phoenix. The facilities are at 1940 E. Indian School Road, 4817 N. 7th Ave…

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SecurCare Self Storage to Choose ‘Paws for a Cause’ Contest Winner

SecurCare Self Storage Inc., an affiliate of National Storage Affiliates Trust (NSAT), will soon announce the winner of its month-long “Paws for a Cause” charity drive, which concluded on Jan. 15. Launched last month, the contest asked cust…

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Peer-to-Peer Self-Storage Marketplace ‘Stow’ Serves Colorado Consumers

Symmetry Storage LLC, a Windsor, Colo.-based startup that last year launched its mobile app, Stow, as a peer-to-peer marketplace for self-storage and parking services in Fort Collins, Colo., has redesigned its website interface to more closely align wi…

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KeepSafe Storage to Open Welshpool, Australia, Self-Storage Facility

Australia self-storage operator KeepSafe Storage Centres intends to develop a new facility in Welshpool, Australia. The property will comprise 650 storage units and 4,000 square meters of vehicle storage. Parent company KBH Group of Cos. has committed …

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Australia Self-Storage Operator National Storage REIT to Acquire New Zealand Facility

Australia-based self-storage operator National Storage REIT (NSR) has agreed to acquire a facility in Wellington, New Zealand, from Storage Solutions 2002 Ltd. and Paremata Business Park Ltd. for NZ$9.75 million. The asset comprises 4,300 net rentable …

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Johnson Development Associates Buys Land for Self-Storage Facility in Chesterfield, VA

Real estate development company Johnson Development Associates Inc. (JDA) has purchased a 3.9-acre parcel in Chesterfield, Va., on which it plans to build a self-storage facility. The company paid $2 million through an LLC for the property at 1671 Mall…

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14 Firefighters Injured Battling Blaze at Metro Self Storage in Staten Island, NY

Fourteen firefighters were injured on Saturday morning while battling a blaze at a Metro Self Storage facility in Charleston, a neighborhood in Staten Island, N.Y. The four-alarm fire began just before 10 a.m. at the back of the property at 3026 Vetera…

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Storage Express Expands Indianapolis Self-Storage Facility

Storage Express, which operates 91 self-storage properties in five states, has completed an expansion of its facility at 9201 W. Washington St. in Indianapolis. The site now offers 213 new storage units and 65,000 square feet of storage space, which is…

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