Wentworth Self Storage, a subsidiary of commercial real estate firm Wentworth Property Co. LLC, has purchased Accessible Self Storage in Phoenix for $5.1 million. The 4-acre property at 7111 W. Indian School Road comprises 70,605 square feet of net ren…
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Prime Group Holdings Acquires Queens, NY, Self-Storage Facility for $94M
Prime Group Holdings, a New York-based real estate group that owns self-storage and other real estate interests, has acquired a storage facility from Madison Development LLC in the Astoria neighborhood of Queens, N.Y., for $94 million. The 173,990-squa…
Army Veteran/Self-Storage Manager Has Wallet Stolen While on Duty
A facility manager at the Apublix Self Storage facility on Sooner Road in Oklahoma City had his wallet stolen last month while on the phone with a customer. Gary Montgomery, a retired staff sergeant who served 32 years in the Army, had his wallet out w…
Man Arrested at Loveland, CO, Self-Storage Facility After Altercation With Police
A man sharing a tenant’s unit to store items at Kangaroo Self Storage in Loveland, Colo., was arrested on Saturday after the facility manager found him slumped over the steering wheel of a car and later fighting with police. During the altercatio…
Real Estate Roundup: Self-Storage Transactions December 2017
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 “Acquisitions and Buying” topi…
New A-1 Self Storage Facility Under Development in Tehachapi, CA
A-1 Self Storage, which operates 51 facilities in California, is building a new location in Tehachapi, Calif. The Tehachapi Planning Commission approved the site plans earlier this month for the project at 101 Industrial Parkway, on the east side of a …
Public Storage Unveils New Facility in Richmond, TX
Public Storage Inc., a self-storage real estate investment trust (REIT), has opened a new facility in Richmond, Texas, a suburb of Houston. It’s the company’s seventh location in the region. The property features more than 1,200 climate-con…
New Shurgard Self-Storage Facilities Open in London
Shurgard Self-Storage, the international brand operated by U.S. real estate investment trust Public Storage Inc., has opened two new facilities in the London metropolitan area. The properties are in Deptford and Greenwich, England.
U-Stor-It Self Storage Opens New Facility in Westmont, IL
U-Stor-It Self Storage, which operates facilities in California and Illinois, has opened a new location in Westmont, Ill. The property at 701 N. Blackhawk Drive is near Ty Warner Park, a 36-acre, outdoor recreation area. The property includes climate-c…
Taylor/Theus Holdings Denied Self-Storage Permit in Woodstock, GA
The Woodstock, Ga., City Council has denied a conditional-use permit needed for a self-storage project proposed by Taylor/Theus Holdings Inc. The developer had requested a variance to reduce the buffer between the 3-acre S. Cherokee Lane property and t…