Budget Store & Lock Self Storage has acquired Douglassville Self Storage in Douglassville, Pa., for $3.5 million. The property at 19 Broadmoor Blvd. is off U.S. Route 422, between Pottstown and Reading in Berks County.
U-Haul Offers Free Storage and U-Boxes to Flood Victims in Vero Beach, FL
The U-Haul Co. of Eastern Florida is offering 30 days of free self-storage or U-Box portable storage to people who’ve been negatively impacted by the recent floods and tornadoes in Port Saint Lucie and Vero Beach, Fla. Families who need more info…
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…
Designing for ‘Net Zero’ Energy Use: Austin, TX, Facility Raises the Eco-Friendly Standard for Self-Storage
A new CubeSmart self-storage facility in Austin, Texas, has achieved “net-zero” energy status, generating more energy than it uses. Learn about the property’s eco-friendly features as well as why the developer chose Austin as its loca…
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 …
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Update 5/10/17 – AMERCO Real Estate has withdrawn its application for a zoning variance and decided to proceed with the township’s previous approval for a self-storage facility on the Route 9 property, zoning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…
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…
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…