Denver-based real estate developer Eric H. Bush, whose projects included self-storage, died Oct. 7 from a self-inflicted gunshot wound, according to the Arapahoe County, Colo., Coroner’s Office. Bush founded Bush Development Inc. in 1992 and spec…
Burglars Arrested at Store-n-Save Self Storage in Windsor, Ontario, Canada
Two people were arrested and charged in connection with a burglary Tuesday at the Store-n-Save Self Storage in Windsor, Ontario, Canada. Police received a tip from a caller about 2 a.m. who said two men were acting suspiciously at the facility at 777 H…
Storage Zone Opens New Location in Rocky River, OH
Storage Zone, which operates 18 self-storage facilities in Ohio, has opened a new location in Rocky River. The property at 19901 Center Ridge Road is near shopping and residences, according to a press release.
New Self-Storage Facility Opens in Lancaster, PA
Entrepreneur Tod Sherman opened a new self-storage facility last week in Lancaster, Pa. Named LancasterStorage.com, the 20,000-square-foot structure at 21 E. Clay St. was converted from a former use to include 156 storage units in range of sizes. The t…
Ziff Properties Acquires Taylors, SC, Self-Storage Facility
Real estate developer Ziff Properties Inc. has acquired a self-storage facility in Taylors, S.C., for $3.5 million. The 12-acre Taylors Storage property at 3146 Wade Hampton Blvd., Suite C, comprises 43,000 square feet of climate-controlled space. Ziff…
FEDESSA, JLL Release Research Findings on European Self-Storage Market
The European self-storage market continues to grow, with a high ceiling for future supply, according to research released by the Federation of European Self Storage Associations (FEDESSA) and investment-management firm JLL (Jones Lang LaSalle). This ye…
Self-Storage REITs Schedule Conference Calls to Discuss 3Q 2017 Financial Results
The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have announced when and how th…
Creating Self-Storage Opportunity and Generating Revenue With Conversion Projects
Conversion projects are ideal for self-storage owners or developers who want to start or expand their business but are unable to find land for a new build. When embarking on this type of project, consider these functional and aesthetic factors.
Oakville, MO, Residents Oppose Lemay Self-Storage Proposal
Update 12/12/17 – The St. Louis County Planning Commission wasn’t ready to vote on the self-storage project proposed by Lemay Storage during its Dec. 11 executive meeting. The development was one of four proposals set aside by planners. The…
National Storage Affiliates Trust Acquires Ace Storage Portfolio in St. Louis Market
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has acquired the Ace Storage portfolio in the St. Louis market. The transaction includes six properties comprising 440,059 square fee…