Coda Management Group, a development firm that specializes in self-storage conversions, has partnered with private investors to acquire a two-story commercial building in Toledo, Ohio, that will be redeveloped into a storage facility. The 88,000...
Self-storage developer JSM Venture Inc. has purchased a vacant Kmart in Zion, Ill., for $2.3 million that it intends to convert to self-storage. Plans for the 90,426-square-foot structure at 3355 Sheridan Road include 69,750 rentable square feet...
Update 11/14/18 – The DealPoint Merrill conversion of Macy’s to self-storage continues to move forward. The $8 million project will comprise more than 1,100 units at 691 Richmond Road. A previous source reported the street address number as 641...
Stor-All Acquisitions LLC, an affiliate of Stor-All Storage, has acquired a Palm Beach Gardens, Fla., public-works building for $3.8 million with the intent to convert it to self-storage. The company outbid two other offers for the property at...
Real estate developer Mequity Cos. has purchased a warehouse in Tucker, Ga., for $5.3 million that it intends to convert to a climate-controlled self-storage facility. The site will be managed by real estate investment trust CubeSmart and branded...
Real estate developer Ziff Properties Inc. has acquired the former Golden Burley Tobacco Warehouse in downtown Lexington, Ky., which it intends to convert to self-storage. The 3.5-acre property at 574 Angliana Ave. is just over a mile from the...
A former Ultra Foods grocery store in Gary, Ind., could be converted to self-storage. Midwest Self-Storage Development LLC intends to transform the 69,000-square-foot retail property on Ridge Road. The retail property includes a Menards home...