News

Extra Space Agrees to Buy 20 Self-Storage Facilities for $196M

Self-storage real estate investment trust Extra Space Storage Inc. has agreed to purchase 20 self-storage facilities from All Aboard Mini Storage and Lance D. Alworth for $196 million. The California properties comprise 14,800 units and approximately 1.5 million square feet ...More

8 hours ago

Posted in News, Real Estate

Self-Storage Portfolio Matures for South African Developer Acucap Properties

The self-storage portfolio held by South African commercial real estate developer Acucap Properties has grown to the point where company officials said it may be appropriate to list its self-storage assets separately from the rest of its portfolio. Last June, Acucap entered ...More

8 hours ago

Posted in News, Development

Safeguard Self Storage Buys Facility in Thornwood, NY

Safeguard Self Storage recently acquired its 22nd location in the New York City metropolitan self-storage market. The facility, 950 Broadway in Thornwood Village, encompasses 32,760 leasable square feet with 358 storage units in a variety of sizes. Amenities include ...More

10 hours ago

Posted in News, Real Estate

TI Storage to Build Self-Storage Facility in Manhattan, NY

Self-storage operator TI Storage has acquired a 36,000-square-foot parking lot in Manhattan, N.Y., on which it plans to develop a self-storage facility. The empty lot, 122 W. 146th St., is located just off Franklin D. Roosevelt East River Drive. ...More

10 hours ago

Posted in News, Construction, Development, Real Estate

‘Self Storage’ Horror Film Producer Announces Plans for Sequel

Film producer Chad A. Verdi has announced his intentions for the sequel to “Self Storage,” a horror movie released earlier this year starring Eric Roberts, Jonathan Silverman and Michael Berryman. Verdi’s company Verdi Productions co-produced the film with Woodhaven ...More

3 days ago

Posted in News

Dallas Cowboys' Sean Lee to Appear at Uncle Bob's Self Storage Grand Re-Opening in Texas

Uncle Bob's Self Storage in San Antonio will host Dallas Cowboys linebacker Sean Lee to commemorate its grand re-opening on June 22. Lee will sign autographs from 4 to 6 p.m. at the facility, 6015 Tezel Road. ...More

3 days ago

Posted in News, Real Estate

Zoning Commission Recommends Against Self-Storage Proposal in Mason City, Iowa

A rezoning request to build a self-storage facility on four lots in the Stone Pillar neighborhood of Mason City, Iowa, was unanimously rejected this week by the planning and zoning commission. The recommendation to deny the request agreed with the conclusion of city staff ...More

3 days ago

Posted in News, Development, Legal Issues

Guardian Self Storage Sponsors Food Drive for NY Charity

Guardian Self Storage, a self-storage provider with facilities in Dutchess, Orange and Ulster, N.Y., counties, is sponsoring a food drive in June to support Dutchess Outreach, a nonprofit that provides resources and advocacy for those in need in Hudson Valley, N.Y. ...More

3 days ago

Posted in News, Management

PETA Praises Uncle Bob’s Self Storage for Banning Rodent Glue Traps

Sovran Self Storage Inc., a real estate investment trust that operates the Uncle Bob’s Self Storage brand, has received praise from the animal-rights group People for the Ethical Treatment of Animals (PETA) for banning the use of glue traps to kill mice at its storage ...More

4 days ago

Posted in News, Management

Tennessee Governor Signs Self-Storage Tenant-Insurance Bills

Tennessee Gov. Bill Haslam recently signed parallel bills (House Bill 0980; Senate Bill 1147) that solidify the ability of self-storage operators to sell tenant insurance to customers. The law goes into effect July 1 and enables operators with a limited-lines license to ...More

4 days ago

Posted in News, Legal Issues, Management

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