Update 6/5/18 – DealPoint Merrill is set to convert the former Giant Eagle grocery store on Lorain Avenue to self-storage. County records indicate the developer acquired the 4-acre property for $1.7 million from Pittsburgh, Pa.-based Overland...
A new CubeSmart self-storage location will open in Chicago next month at 6000 W. Touhy Ave. Comprising 65,000 square feet in 981 units, the facility is near a commercial and retail corridor, according to SMP Advisors, which consulted on the...
Real estate developer Brian Walker received approval this week to convert a former lumber-storage warehouse in Missoula, Mont., to self-storage, despite the council’s desire that the structure be used for residential purposes. The property at 2115...
Commercial real estate developer Eden Rock Real Estate Partners intends to convert a former school-administration center into a mixed-use project in the Hammond Park neighborhood of Atlanta. The project at 786 Cleveland Ave. would include a Space...
Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage facilities across North America, has purchased a former Macy’s department store in Monaca, Pa., with plans to convert a portion of it to self-storage. The company...
Update 3/13/18 – Wentworth has sold its newly converted self-storage property in Chula Vista to Strategic Storage Growth Trust Inc. (SSGT), a public, non-traded, self-storage real estate investment trust sponsored by SmartStop Asset Management LLC...
Update 3/9/18 – Extra Space is now in lease-up for its 1,000-unit self-storage facility, part of the mixed-use project in former Building 42 of the Pabst Brewing complex. The redeveloped structure will be known as “The Forty Two.” The design by...
Dick Mann, the owner of Los Altos Batting Range in Albuquerque, N.M., is closing the business after 35 years to convert the complex to self-storage. Mann intends to invest about $300,000 to transform the .75-acre site to a 100-unit storage...
Brockton & Main LLC is converting the former Micro Wire wholesale and distribution center in Brockton, Mass., to self-storage. The company purchased the property at 120 N. Main St. for $2.6 million, according to NAI Hunneman, the Boston-based real...
Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, is converting a former Kmart store in Lancaster, Calif., and a factory in Erie, Pa., to self-storage. Both projects are a part of...