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Monthly Archives: October 2015

Stowaway Self Storage Celebrates Grand Opening in Bristol, TN

Stowaway Self Storage, which operates five facilities in Tennessee, is celebrating the grand opening today of its newest property. The event at 1141 Volunteer Parkway in Bristol, Tenn., will include prizes. The storage operator will also be collecting …

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Detection Dogs Train at Chester Self Storage in Cheshire, England

Chester Self Storage has opened its facility in Chester, Cheshire, England, to Wagtail International for detection-dog training. The canines are taught to detect cadavers, cash, drugs, explosives and firearms, illegal immigrants, and tobacco, according…

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Shining a Light on Self-Storage Manager Compensation

While there’s always been a lot of hoopla about manager compensation, the topic has been pushed to the forefront in the past few years as the self-storage industry has taken center stage as one of the best real estate investments around. It’…

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Banner Storage Group Develops Self-Storage Site in Downtown Miami

Banner Storage Group LLC, a subsidiary of Banner Apartments LLC, which buys, builds, finances and sells self-storage properties, intends to develop a self-storage facility at 91 S.W. 3rd St. in downtown Miami. The seven-story building will comprise 110…

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Banner Storage Group Develops Self-Storage Site in Downtown Miami

Banner Storage Group LLC, a subsidiary of Banner Apartments LLC, which buys, builds, finances and sells self-storage properties, intends to develop a self-storage facility at 91 S.W. 3rd St. in downtown Miami. The seven-story building will comprise 110…

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StorageMart Cancels Facility Expansion, Cites Oversupply of Self-Storage in Western Canada

StorageMart, a Columbia, Mo.-based self-storage operator with more than 165 facilities in Canada and the United States, recently canceled a 50,000-square-foot expansion it had planned for a location in Saskatoon, Saskatchewan, Canada. The move was made…

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StorageMart Cancels Facility Expansion, Cites Oversupply of Self-Storage in Western Canada

StorageMart, a Columbia, Mo.-based self-storage operator with more than 165 facilities in Canada and the United States, recently canceled a 50,000-square-foot expansion it had planned for a location in Saskatoon, Saskatchewan, Canada. The move was made…

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StorageBlue Owner Could Convert Bowling Alley to Self-Storage in Elmwood Park, NJ

Update 11/17/15 – A federal bankruptcy judge has ruled in favor of allowing MCD Sports to buy Parkway Lanes from its landlord for $3 million and then sell the property to The Alan Mruvka Co. for $3.875 million. The move will allow MCD Sports to u…

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StorageBlue Owner Could Convert Bowling Alley to Self-Storage in Elmwood Park, NJ

StorageBlue LLC, a New Jersey-based self-storage operator, may convert a bowling alley in Elmwood Park, N.J., into a self-storage facility. Company owner Alan Mruvka, who co-founded E! Entertainment Television, has offered to purchase the building at 2…

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Australia Self-Storage Operator National Storage REIT to Acquire 3 Facilities in Sydney Suburbs for $10.7M

Australian self-storage operator National Storage REIT (NSR) has agreed to purchase three self-storage facilities in Sydney-area suburbs for $10.7 million, which will be funded by the company’s debt facility. The portfolio has long-term lease ten…

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