Store Here LLC, a joint venture between certain affiliates of Westport Capital Partners LLC and Store Here Management LLC, has purchased Academy Storage in Colorado Springs, Colo., and American Mini Storage in Shreveport, La. The properties will be man…
Self-Storage Management Firms Report 4Q 2014 Financial Results
Several self-storage management companies have released operating results for the fourth quarter that ended Dec. 31. All showed improvements in same-store revenue over the previous year.
E! Entertainment Founder Launches StorageBlue Self-Storage in New Jersey
Alan Mruvka, founder of E! Entertainment Television, has launched a new self-storage business called StorageBlue, with four New Jersey locations serving residents and businesses in the Jersey City and New York City metro areas. Mruvka intends to &ldquo…
Self-Storage REITs to Release 1Q 2015 Financial Results, Conference Calls Announced
The four publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have announced when and how they will reveal their earnings statem…
Self-Storage Talk Video Challenge Entry: David Lile, Rak Self Storage
David Lile, owner of Rak Self Storage LLC in Uniontown, Ohio, was a memorable participant in the Self-Storage Talk 2015 “Loving Las Vegas” Video Challenge, in which self-storage operators vied for a free trip to the Inside Self-Storage Worl…
U-Haul Buys Capitol View Self Storage in Jefferson City, MO
U-Haul International has acquired the former Capitol View Self Storage in Jefferson City, Mo., and rebranded it as U-Haul Moving and Storage of Jefferson City. It’s the company’s first facility in the state capital.
New RV-Storage Facility Proposed for Palm Springs, CA
An RV-storage facility has been proposed for an empty 4.8-acre lot near Palm Springs Airport Self Storage in Palm Springs, Calif. Ariel Valli, president and principal architect of Valli Architectural Group, recently presented the project to the city&rs…
US Storage Centers Acquires Camelback Self Storage in Phoenix
US Storage Centers Inc. (USSC), which operates more than 85 self-storage facilities in 13 states, has acquired Camelback Self Storage in Phoenix. The facility at 4860 N. 83rd Ave. comprises 82,432 net rentable square feet in 729 units. The property has…
Self-Storage Development Proposal Rejected in Greenwood, IN
Officials in Greenwood, Ind., this week rejected a proposal to build a self-storage facility near the intersection of Stones Crossing Road and State Road 135. The city has 50 undeveloped acres near the intersection, which officials believe could become…
Rosewood Property Acquires 18-Facility Self-Storage Portfolio
Rosewood Property Co. (RPC), a Dallas-based real estate firm, has acquired an 18-property self-storage portfolio with assets in Indiana, Kentucky, Maryland, New Jersey and Pennsylvania. The properties will be managed by Extra Space Storage Inc., a self…