Real estate investment trust (REIT) Global Self Storage Inc. has released its financial statement for the quarter that ended March 31, 2016, showing gains in key areas including net operating income (NOI) and occupancy. The REIT also announced Mark C. …
Recent Posts by Inside Self Storage Only Feed
MySpace Self Storage Gets Green Light to Build Facility on Former Car-Dealership Site in Eastpointe, MI
Self-storage developer Eastpointe Storage Center LLC has received approval from the Eastpointe, Mich., City Council to build a MySpace Self Storage facility on the former site of the Colonial Dodge auto dealership on Gratiot Avenue. The council was in …
MySpace Self Storage Gets Green Light to Build Facility on Former Car-Dealership Site in Eastpointe, MI
Update 2/16/17 – Eastpointe Storage Center is expected to begin construction on MySpace Self Storage in the next few weeks, according to Mary Van Haaren, the city’s director of community and economic development. The company’s enginee…
Sovran/Uncle Bob’s Self Storage Acquires LifeStorage for $1.3B, Commences Corporate Rebranding
Update 7/18/16 – Sovran has completed its acquisition of LifeStorage. The purchase was funded primarily with the proceeds from an offering of 6.9 million shares of common stock and the sale of $600 million in 10-year notes with an interest rate o…
Valet Self-Storage Startup Omni Raises $7M in Funding Led by Highland Capital Partners
Omni, an app-based startup specializing in valet self-storage services in San Francisco, has raised $7 million in a Series A round of investment to help fund market expansion and launch new service features. The round was led by venture-capital firm Hi…
Real Estate Developer Rosenblum Cos. Proposes 5-Story Self-Storage Facility for Albany, NY
The Rosenblum Cos., a real estate developer specializing in office space, intends to build a five-story self-storage facility at 40 N. Russell Road in Albany, N.Y. If approved, the 100,000-square-foot facility will be built on the site of a former roll…
Real Estate Firm NewQuest Properties of Houston Launches Self-Storage Development Group
Commercial real estate firm NewQuest Properties, which specializes in Texas retail space, has formed a self-storage development group and will break ground on two Houston projects this fall. The multi-story facilities will comprise up to 80,000 square …
GTown Storage Plans 6-Story Self-Storage Facility for Germantown, TN
Update 3/7/17 – The planning commission is scheduled to vote on the self-storage site plan for Germantown Urban Storage on April 13. New figures from the investment group, doing business as GTown Storage LLC, decreased storage space to 90,000 squ…
AMERCO Real Estate Proposes U-Haul Self-Storage Facility for Howell, NJ
Update 5/10/17 – AMERCO Real Estate has withdrawn its application for a zoning variance and decided to proceed with the township’s previous approval for a self-storage facility on the Route 9 property, zoning board secretary Eileen Rubano t…
Director of Lock Stock Self Storage in North Wales Cycles for Charity
Nick Powell, director of Lock Stock Self Storage in North Wales is participating in a bike race next month to raise money for St. Kentigern Hospice, which provides medical care and support to terminally ill patients and their families. Powell, who is a…