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With land being scarce, self-storage developers are often forced to build vertically if they want to take advantage of premium locations. Learn the important factors to consider when pursuing a multi-story project.
There’s no “one size fits all” approach when it comes to designing the perfect layout for a new self-storage project. Keeping your market, customers and expected return on investment in mind will help you create the right plan.
Update 2/10/20 – SurePoint Self Storage has opened its facility in Sugarland, Texas. The general contractor was SBS Construction. The facility will be managed by self-storage real estate investment trust CubeSmart...
With large land parcels in short supply for self-storage development, a multi-story approach to design can offer a winning alternative. Let’s examine some concepts to consider when assessing a site with limited buildable area.
Storage Deluxe, a Manhattan, N.Y.-based self-storage owner and developer, has acquired a large lot in Bushwick, N.Y., on which it intends to build a new, seven-story facility. The $45.5 million deal includes an 80,000-square-foot vacant warehouse...
Self-storage developer Jeremiah 29 LLC, an affiliate of commercial real estate firm O'Brien Commercial Properties Inc. (OCP), is building a five-story self-storage facility on a 3-acre parcel in Marlborough, Mass. The property at 215 Simarano...
Private equity firm Integrita Capital Partners LLC is developing a five-storage self-storage facility in Ridgefield, N.J. Once complete, the structure at 625 Grand Ave. will comprise 152,000 square feet in 1,220 climate-controlled units. It’ll...