Box at Work GmbH, a Berlin-based startup specializing in valet self-storage and moving-bin rentals with service in several German cities, has expanded service to Zurich, Switzerland. The company uses an online platform that allows customers to schedule…
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Expansion of JA Mini Storage Approved in South Haven, MI
JA Mini Storage received approval this week to expand its self-storage facility in South Haven, Mich. Township officials had agreed earlier this year to allow one new building to be constructed at 1505 2nd Ave., and then the owner requested approval fo…
Prime Storage of Egg Harbor, NJ, Collects Shoes for the Needy
Self-storage operator Prime Storage of Egg Harbor, N.J., is partnering with St. Augustine Preparatory School in Richland, N.J., and United to Share on a shoe drive that will benefit people of all ages through various domestic and international programs…
Strategic Storage Trust II Agrees to Buy 27-Property Mindful Self-Storage Portfolio for $371M
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 completed its purchase of the 10 Florida facilities and single Maryland facility from Mind…
Secure Self Storage Opens New Facility in Norwalk, CT
Update 1/25/17 – Secure Self Storage has opened its facility on Connecticut Avenue. The four-story building comprises 770 units. The site was the former headquarters of Microphase, a developer of radar subsystems, and is also home to the Stonefie…
USA Self Storage Owner Buys Marina Property in Beaumont, TX
Scott Monroe, owner of USA Self Storage Inc., has acquired a 30-acre, city-owned property in Beaumont, Texas, for $1.475 million. The property at 560 Marina St. has housed the Beaumont Yacht Club for 58 years and includes 5,000 feet of water frontage a…
Orangewood Partners Launches Peaceable Street Capital for Investing in Self-Storage, Other Real Estate
Private investment firm Orangewood Partners has launched Peaceable Street Capital (PSC), a specialty-finance platform focused on small and mid-size income-producing real estate in North America. PSC will invest preferred-equity capital across several r…
Simply Self Storage Hires Vice President of Development
Simply Self Storage (SSS), which owns or manages 192 self-storage facilities in the United States and Puerto Rico, has hired Dave Marzocchi as vice president of development. He has expertise in construction, entitlements and property development throug…
Australia Self-Storage Operator Kennards Supports Aboriginal Community
Kennards Self Storage, which operates more than 80 self-storage facilities in Australia and New Zealand, supported a charity drive in March to benefit the Aboriginal community of Jilkminggan in the Northern Territory. Kennards provided boxes and space …
Jernigan Capital Completes $122M Heitman Joint Venture to Fund Self-Storage Investments
Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, has reached its target capitalization of $122.2 million in a joint venture between an affiliate of real estate investment firm Heitman Capital Management LLC an…