Property owners Matthew and Danielle Mauldin recently received town-council approval to develop a self-storage facility in Richfield, N.C. The project along U.S. Highway 52 will comprise 18,000 square feet in 100 units. The council is hopeful the facil…
Prime Group Holdings Acquires Brooklyn, NY, Self-Storage Facility for $53M
Prime Group Holdings, a New York-based real estate group that owns self-storage and other real estate interests, has acquired a storage facility from Madison Development LLC in the Canarsie neighborhood of Brooklyn, N.Y., for $53 million. The 82,862-sq…
Woman Evicted for Living Inside Unit at Waterman Self Storage in Elk Grove, CA
A woman was evicted last week for living inside her unit at Waterman Self Storage in Elk Grove, Calif. She then dumped the unit’s contents on the street outside the facility at 9200 Brinkman Court, according to the source. City employees arrived …
Impediments and Solutions to Self-Storage Approval: A Tale of Two Projects
The two greatest impediments facing self-storage developers today are finding a suitable site and securing approval from local government entities. Learn about two recent projects that overcame zoning challenges to move forward.
Adams Property Group Eyes Shuttered Grocery Store in Williamsburg, VA, for Self-Storage Development
Update 11/13/17 – The York County Planning Commission voted 5-2 last week to recommend that Adams Property Group receive the special-use permit it needs to move forward with its self-storage conversion. If the project is approved by the board of …
RealtyeVest Offers New Capital-Raising Option for Self-Storage Operators, Others
RealtyeVest LLC, an online marketplace designed to connect real estate owners and developers with investors, recently launched a crowdfunding platform that allows property owners and operators to automate capital-raising campaigns and quicken the execu…
Landscaper to Build Mixed-Use Self-Storage Project in Ellsworth, ME
Chad Francis, owner of Atlantic Landscape Construction Inc., has purchased the site of the former NewLand Nursery and Landscaping Center in Ellsworth, Maine, with plans to develop a mixed-use property that will include self-storage and residential dupl…
Hot Storage [Mystery Novel]
Author Mary Mead creates intrigue in this mystery novel about the perils of self-storage manager Marlena Montoya, who must hunt for the truth when two men connected to the facility are murdered. Order your copy today.
Self-Storage Facility Vital Signs: NOI, Cap Rates and Property Value
The value of your self-storage property is like your blood pressure; it’s not something you need to track daily, but you should check it every few months to ensure the numbers are moving in the right direction. This article will help you understa…
StoreLocal Coop Launches Web Platform to Drive Self Storage Rentals Through Mobile Devices
StoreLocal, a cooperative created by independent self-storage operators to offer member benefits with economies of scale, has launched a new Web platform designed to enhance engagement between consumers and members via mobile devices. The platform is i…