Update 3/31/17 – Moncap LLC of Scottsdale, Ariz., has purchased the Ahwatukee, Ariz., parcel from 1784 Capital Holdings for $1.8 million. The new owner plans to build a 104,000-square-foot storage facility, according to the source.
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Devon Self Storage Acquires Camp Bowie Self Storage in Fort Worth, TX
Devon Self Storage, which owns or manages 46 facilities nationwide, has acquired Camp Bowie Self Storage in Fort Worth, Texas. The property at 6471 Camp Bowie Blvd. comprises 61,730 square feet in 545 units. Devon intends to expand the facility to 73,7…
Self-Storage of Peterborough, NH, Gets Provisional Permission to Expand
The Peterborough, N.H., Planning Board recently granted provisional approval of an expansion to Self Storage of Peterborough on U.S. Route 202, north of ConVal Regional High School. The storage operator intends to add six buildings comprising 21,600 sq…
Hampshire Real Estate Cos. Affiliate to Build Self-Storage Complex in Carteret, NJ
An affiliate of Hampshire Real Estate Cos., a real estate investment firm and self-storage operator, has received approval to move forward with a 96,000-square-foot storage facility in Carteret, N.J. The company, 48 Lefferts Street Urban Renewal LLC, w…
UK Self-Storage Operator Lok’nStore Releases Financial Results for Fiscal Year Ended July 31
U.K. company Lok’nStore Group PLC, which provides self-storage and records-storage services, has reported “continued positive momentum” based on preliminary figures for its 2016 fiscal year, which ended July 31. The company reported a …
Self-Storage REIT National Storage Affiliates Trust Releases 2Q 2016 Financial Results
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has released its financial statement for the quarter that ended June 30, 2016, showing gains in key areas including core funds from o…
Web-Based Booking Service ‘Handy’ Enters New York City Valet Self-Storage Market
Handy, an online booking business that specializes in connecting consumers with housecleaning and handyman services, has launched valet self-storage service in New York City’s borough of Manhattan. The company uses a mobile app and online platfor…
National Storage Affiliates Acquires 2-Property Louisiana Self-Storage Portfolio for $8M
National Storage Affiliates, a Maryland real estate investment trust (REIT) specializing in self-storage, has purchased the two-property Neighborhood Mini Storage portfolio in Louisiana for $8.1 million. The facilities, located at 14401 Highway 44 in G…
Andover Properties/Storage King USA Acquires Self-Storage Facility in Moncks Corner, SC
Andover Properties LLC, a private real estate investment company, has acquired Store-It, a 30,650-square-foot self-storage facility in Moncks Corner, S.C. The company plans to add 20,000 net rentable square feet of storage, consisting mostly of climate…
Blue Wing Development Opens Multi-Story Self-Storage Facility in Arvada, CO
Update 1/19/18 – Blue Wing Development has opened its multi-story self-storage facility in Arvada, Colo., according to a press release. Designed by Golden, Colo.-based Studio DH Architecture, the 89,539-square-foot facility features keypad …